Business

“Ghost guns” seized in federal law enforcement actions are displayed at the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) field office in Glendale, California on April 18, 2022. Robyn Beck | AFP | Getty Images With new federal regulations set to take effect on so-called ghost guns next week, businesses that sell the untraceable

In this article WMT Customers outside a Walmart store in Torrance, California, US, on Sunday, May 15, 2022. Walmart Inc. is scheduled to release earnings figures on May 17. Bing Guan | Bloomberg | Getty Images Walmart on Friday told employees that it will expand abortion and related travel coverage, according to an internal memo.

Stefanie Smith | CNBC Warner Bros. Discovery‘s HBO Max is removing 36 movies and TV series from its platform. There are three main reasons why it’s happening. The films and series − which include 20 original HBO Max shows such as teen drama “Generation,” and “Sesame Street” spinoff “The Not-Too-Late Show with Elmo” − will

In this article MSGE Fans arrive to Madison Square Garden before the game between the Golden State Warriors and New York Knicks on February 23, 2021 in New York City. John Smith | Corbis News | Getty Images Madison Square Garden Entertainment announced Thursday it’s exploring a spinoff of its live entertainment business, including its

In this article SBUX Starbucks Chief Operating Officer John Culver is departing the company after two decades with the coffee chain, as part of a restructuring that will eliminate his role. His exit comes in the middle of a broader executive reshuffling at Starbucks. Former CEO Kevin Johnson retired earlier this year, leading Howard Schultz

Still from “Lord of the Rings: The Fellowship of the Ring.” New Line Cinema Swedish company Embracer Group said Thursday that it agreed to acquire Middle-earth Enterprises, which owns worldwide rights to “The Lord of the Rings” and “The Hobbit” film trilogies as well as other properties related to the books by J.R.R. Tolkien. Embracer

In this article SWBI Convention goers look at weapons at the Smith and Wesson booth last April at the 2015 NRA Annual Convention in Nashville, Tenn. Karen Bleier | AFP | Getty Images After releasing a statement earlier this week blaming politicians for the surge in gun violence, Smith & Wesson CEO Mark Smith is

In this article BBBY Signs mark a Bed Bath & Beyond store in Somerville, Massachusetts. Brian Snyder | Reuters Bed Bath & Beyond shares tumbled in extended trading Wednesday after activist investor Ryan Cohen said in a filing he intends to sell his entire stake in the retailer through his firm RC Ventures. According to

A For Sale sign is posted in front of a property in Monterey Park, California on August 16, 2022. Frederic J. Brown | AFP | Getty Images Mortgage rates fell slightly last week, but not enough to fuel any kind of recovery in consumer demand for home loans. Total mortgage application volume fell 2% from

2023 Dodge Hornet GT Dodge DETROIT – The first electrified vehicle for the Dodge brand under Stellantis will be a plug-in hybrid crossover called the Hornet, a resurrected name most recently used for a 1970s station wagon. The compact crossover will be Dodge’s new entry-level vehicle, with a starting price of less than $30,000 for

In this article WMT Walmart CEO Doug McMillon said even wealthier families are penny-pinching as inflation drives up the price of groceries. In an interview Tuesday on CNBC’s “Squawk on the Street,” the leader of the nation’s largest grocer said sales in the fiscal second quarter got a lift from new customers and more frequent

In this article AAL American Airlines has agreed to purchase 20 supersonic Overture planes from Boom Supersonic, the companies announced Tuesday. The deal is the second firm order in the last two years for Boom, still years from building its first commercial airplane. United Airlines made a commitment last year to buy 15 Overture jets.

In this article KHC ULVR-GB CAG PG TGT WMT A woman shops in a supermarket as rising inflation affects consumer prices in Los Angeles, California, June 13, 2022. Lucy Nicholson | Reuters Long before shoppers fill up their carts with hot dogs or detergent, supermarkets and suppliers negotiate — and sometimes clash — over how

In this article PARA WMT In this photo illustration, a woman’s silhouette holds a smartphone with the Walmart logo displayed on the screen and in the background. Rafael Henrique | Lightrocket | Getty Images Walmart has reached a deal to offer Paramount Global‘s streaming service as a perk of its Walmart+ membership program, the companies

In this article SBUX A sign is seen as Activists participate in an event dubbed the Un-Birthday Party and picket line for Starbucks CEO Howard Schultz on July 19, 2022 in New York City. Activists gathered near Schultz’s West Village home on his 75th birthday to protest the treatment of Starbucks workers attempting to unionize,

In this article MCD “As we create more premium beverages, it becomes more difficult for customers to replicate it at home and we think that helps with the concept of trade down,” Starbucks CFO Rachel Ruggeri told CNBC’s “Squawk Box” on Aug. 3. Gary Hershorn / Contributor / Getty Images Personalized coffees, “prestige” skincare and

Target has added new brands to its beauty department. At a growing number of stores, it also has mini Ulta Beauty shops with prestige brands. Melissa Repko | CNBC As prices creep up, some people have decided against getting a new outfit, delayed big purchases like TVs or cancelled Netflix accounts. But for now, they’re

Jack Weaver, an 82-year-old retired dairy farmer whose house sits on a Civil War battlefield, lives near General Motors’ Spring Hill plant in Tennessee. Michael Wayland / CNBC SPRING HILL, Tenn. – Jack Weaver can point to a cannon on a Civil War battlefield from the comfort of a shaded bench in his backyard —

Ethan Hawke stars in Blumhouse and Universal’s “The Black Phone.” Universal Any apprehension Jason Blum had about the future of the box office has been quelled now that “The Black Phone” has surpassed $150 million at the global box office. Blum was one of many that worried lower-budget films might not have a place at

During the 2010s, Sri Lanka had one of the fastest-growing economies in Asia.  Things took a 180-degree turn at the end of the decade as the country’s economy stumbled. In May 2022, the government defaulted on its debt for the first time in history.  As inflation continued to spiral out of control, with a massive shortage of