Top Business News
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Move over, seltzer. Non-carbonated drinks are taking the spotlight
Source: CNBC
Non-carbonated alcoholic drinks like Surfside and BeatBox are stealing "share of throat" from hard seltzers, particularly among Gen Z.
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Spirit's collapse, high fuel prices test limits of summer vacation spending
Source: CNBC
The unofficial start of the summer travel season on Memorial Day weekend will show just how much travelers want to fly and how much they're willing to pay.
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‘Blue dot fever’? What's really behind a tricky summer dynamic for live music
Source: CNBC
As prices rise everywhere, consumers are choosing to be more intentional with how they're spending on live music and concerts this year.
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Two top Walmart executives leave company under new CEO John Furner
Source: CNBC
Tom Ward, chief operating officer of Walmart's warehouse chain Sam's Club, is retiring, and Cedric Clark, Walmart's EVP of U.S. store operations, is leaving.
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Disney's 'Star Wars: The Mandalorian and Grogu' tallies lowest Thursday preview sales in franchise history
Source: CNBC
Disney's "Star Wars: The Mandalorian and Grogu" tallied $12 million in Thursday night previews, the lowest collection of advance tickets in franchise history.
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Wall Street thinks IMAX is ripe for a sale. Here's who could buy it
Source: CNBC
A source told CNBC that IMAX has held "preliminary talks" through intermediaries, but no official pitches have been made by the company.
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Egg prices are plunging due to oversupply — and producers say margins are taking a hit as costs rise
Source: CNBC
Egg prices are plunging from oversupply after avian flu shortages, but producers say persistent feed, fuel and labor costs are squeezing margins.
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Stellantis CEO sees opportunity in growing partnerships, bringing China-branded vehicles to North America
Source: CNBC
Stellantis CEO Antonio Filosa said there could be an opportunity to bring Chinese-branded vehicles into Mexico and potentially Canada, but not the U.S.
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Trump said he'd 'remember' companies that didn't apply for tariff refunds. Many of them are anyway
Source: CNBC
Walmart confirmed to CNBC it has sought a tariff refund and plans to use any money it receives back to invest in lower prices for shoppers.
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What the AvalonBay, Equity Residential megamerger means for the apartment industry and rents
Source: CNBC
The deal will create one of the largest real estate companies in the U.S., with more than 180,000 rental apartments.
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IMAX has held ‘preliminary talks’ with potential buyers, source says
Source: CNBC
IMAX has held "preliminary talks" through intermediaries, but no official pitches have been made directly by the company, a source told CNBC.
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Trump administration says new EPA rules will save you money at the supermarket. It's not clear they will
Source: CNBC
Trump delayed Biden-era EPA refrigerant rules, saying the move will lower grocery costs, though the impact on food prices remains unclear.
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Stellantis targets 35% North American sales increase, led by Ram Trucks and Chrysler revival
Source: CNBC
Stellantis said at an investor day Thursday that it plans to increase its North American sales by 35% by 2030.
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LIV Golf seeks to raise up to $350 million from investors as post-PIF reality sets in
Source: CNBC
LIV Golf is preparing to take its updated business plan and investor pitch on the road as soon as Thursday, in an effort to raise fresh capital.
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Stellantis unveils $70 billion turnaround plan, targets positive cash flow by 2027
Source: CNBC
Stellantis CEO Antonio Filosa unveiled a new five-year strategic plan Thursday worth 60 billion euros ($69.7 billion).