Top Business News
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E.W. Scripps stock surges 40% after Sinclair takes stake, pushes for a merger
Source: CNBC
Sinclair recently launched a strategic review that could result in a merger.
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Ford partners with Amazon for dealers to sell used vehicles online
Source: CNBC
Ford is partnering with Amazon for the automaker's franchised dealers to be able to sell certified pre-owned vehicles through the online retail giant.
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Novo Nordisk cuts direct-to-consumer prices for Wegovy, Ozempic to $349 a month
Source: CNBC
The announcements come days after President Donald Trump struck deals with Novo Nordisk and Eli Lilly to make their GLP-1s easier for Americans to access.
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Jeep eyes U.S. comeback following yearslong sales troubles
Source: CNBC
Jeep has been in a rut. It has experienced six consecutive years of U.S. sales declines amid a leadership carousel, dearth of new products and push into luxury.
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Mark Wahlberg's new $37 million mansion skyrocketed in value. Here's what fueled the megahome's extraordinary rise
Source: CNBC
The megahome's price more than doubled since 2020, outpacing other luxury real estate markets.
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Inside Ford's new world headquarters: Scratch kitchens, rotisserie chickens and design secrets
Source: CNBC
Ford's new 2.1-million-square-foot headquarters in Dearborn, Michigan, is ceremoniously opening Sunday, although construction is expected to continue into 2027.
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The government shutdown is over. The air traffic controller shortage is not
Source: CNBC
Staffing shortages of air traffic controllers forced airlines to chop flights and delay thousands of others that disrupted travel plans of 5 million people.
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Trump cuts tariffs on goods like coffee, bananas and beef in bid to slash consumer prices
Source: CNBC
Trump's action also exempted black tea, green tea, tomatoes, avocados and cinnamon, among other products, from higher tariffs.
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Walmart shares are up 312% during outgoing CEO Doug McMillon's tenure. Here's how that compares to its rivals
Source: CNBC
The outgoing Walmart CEO's tenure was marked by both sharp sales gains and stock growth.
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JPMorgan Chase wins fight with fintech firms over fees to access customer data
Source: CNBC
The JPMorgan Chase deals mark a shift in the power dynamic between banks, middlemen and the fintech apps that are increasingly threatening incumbents.
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Walmart CEO Doug McMillon to retire in January after nearly 12 years leading retailer
Source: CNBC
The longtime CEO will be succeeded by John Furner, the Walmart U.S. CEO, on Feb. 1.Both changes take effect then.
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Fewer burritos, more bargains: Consumers flash holiday warning signs
Source: CNBC
In the coming week, some of the biggest names in retail, including Walmart, Target, Gap and Home Depot will report their latest earnings.
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Billionaire families opt for buying sports teams over collecting art and cars
Source: CNBC
Twenty percent of billionaire families own controlling stakes in sports teams, up from 6% in 2022, per a new J.P. Morgan survey.
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D.R. Horton is tapping a startup’s AI zoning tool to build more homes
Source: CNBC
Portland, Oregon-based startup Prophetic has developed an AI-native platform for land acquisition and development analysis.
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Surveillance tech leads workers' comp claims to plummet at NYC construction sites
Source: CNBC
Insurer Zurich North America said it will only insure construction wrap-up projects in New York that have installed video analytics and coaching from Arrowsight.