Business

The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, March 16, 2021. Rebecca Cook | Reuters DETROIT – General Motors’ U.S. vehicle sales were down about 15% in the second quarter from a year ago as the automaker continues to battle supply chain issues, but showed improvement from

In this article KSS People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Joe Raedle | Getty Images Kohl’s might not be selling its business after all. But it’s now looking to sell some of its real estate, reversing its prior stance. The retailer on Friday announced it terminated

In this article WMT Walmart CEO Doug McMillon speaks at the CNBC Evolve conference November 19th in Los Angeles. Jesse Grant | CNBC Walmart CEO Doug McMillon told employees on Friday that the company is weighing how to respond to a Supreme Court decision that ended the federal right to an abortion. “We are working

Former U.S. President Donald Trump gives the keynote address at the Faith & Freedom Coalition during their annual “Road To Majority Policy Conference” at the Gaylord Opryland Resort & Convention Center June 17, 2022 in Nashville, Tennessee. Seth Herald | Getty Images Donald Trump’s media company was subpoenaed by a federal grand jury in connection

Travelers at LaGuardia Airport in New York on June 30, 2022. Leslie Josephs | CNBC The Fourth of July holiday weekend will put airlines to the test after a messy spring angered travelers and drew sharp criticism from Washington. Already this year, the rate of flight cancellations and delays in June is higher than before

The Starlink logo is seen in the background of a silhouetted woman holding a mobile phone. Sopa Images | Lightrocket | Getty Images The Federal Communications Commission authorized SpaceX to provide Starlink satellite internet to vehicles in motion, a key step for Elon Musk’s company to further expand the service. “Authorizing a new class of

In this article KSS FRG A Kohl’s store in San Rafael, Calif. Getty Images Kohl’s is terminating talks to sell its business to The Vitamin Shoppe owner Franchise Group, two people familiar with the matter told CNBC on Thursday. The people requested anonymity because a decision from Kohl’s has not been publicly announced. Representatives from

In this article DIS Captain Minnie poses on board Disney’s newest cruise ship The Wish. Disney It’s been a decade since Disney has expanded its cruise fleet. Its newest addition, set to launch in a couple weeks, is a 1,119-foot floating theme park. The Disney Wish is one of more than 30 ships from a

In this article SAVE JBLU ULCC A Spirit Airlines plane on the tarmac at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines on Wednesday delayed shareholder vote on its proposed merger with Frontier Airlines until July 8, hours before a meeting scheduled for

In this article LGF.A Liberty Media’s John Malone Michael Kovac | Getty Images Starz wasn’t John Malone’s most successful investment. But it may be his most symbolic. The media mogul once controlled Starz as an independent company. In 2016, he merged it with Lionsgate, another company he owned a piece of at the time. A

In this article BBBY A view of the atmosphere during the Whitney Port & Bundle Organics #MomAsYouAre buybuyBABY product launch in Torrance, California. Randy Shropshire | Getty Images As Bed Bath & Beyond shakes up its leadership suite and ousts its CEO, the retailer said Wednesday it remains open to another big change: A potential

In this article ULCC JBLU AAL A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images The most heated airline battle in recent years comes to a head on Thursday when Spirit Airlines‘ shareholders vote on a

In this article DIS Bob Chapek, Disney Jeff Gritchen | MediaNews Group | Orange County Register via Getty Images Disney has extended CEO Bob Chapek’s contract for three years, the company announced Tuesday. Chapek’s contract was set to expire in February next year, three years after he unexpectedly took the reins from Bob Iger. The

In this article TGT A person walks into a Target store in Washington, DC, on May 18, 2022. Stefani Reynolds | AFP | Getty Images Target will cover employees’ travel if they live in a state where abortion is banned, according to a company memo obtained by CNBC. The new policy will take effect in

De Nora was founded in 1923 and specializes in electrode and water treatment technologies. Pavlo Gonchar | Lightrocket | Getty Images The CEO of electrode maker Industrie De Nora says it is “not scared” about the current market turbulence as it braves an IPO this week. The initial public offering was priced at 13.50 euros

CNBC’s Jim Cramer on Monday told investors that while the market has yet to overcome the challenges threatening to create a recession, FedEx stock might be able to weather the turbulence. “You might think FedEx would be a helpless victim of high gas prices, potential e-commerce plateau, a [Federal Reserve]-mandated slowdown. That would be wrong.

Former U.S. President Donald Trump applauses during the National Rifle Association (NRA) annual convention in Houston, Texas, U.S. May 27, 2022.  Shannon Stapleton | Reuters A federal criminal investigation is threatening the proposed merger between former President Donald Trump’s social media enterprise and a special purpose acquisition company, a deal that would give the combined

Container cargo ships sit off shore from the Long Beach/Los Angeles port complex in Long Beach, CA, on Wednesday, October 6, 2021. Jeff Gritchen | MediaNews Group | Getty Images Armed with little more than a computer, hackers are increasingly setting their sights on some of the biggest things that humans can build. Vast container

Pavlo Gonchar | Lightrocket | Getty Images The World Health Organization on Saturday said the rapid spread of monkeypox across dozens of nations does not represent a global health emergency at this time. WHO Director General Tedros Adhanom Ghebreyesus described monkeypox as an evolving health threat, however, and urged governments around the world to step

Thousands take to the streets to protest in New York City. Anadolu Agency | Anadolu Agency | Getty Images The Supreme Court ruling overturning Roe v. Wade is not only splitting the country into states where abortion is legal and illegal. It is also illustrating sharp divisions between anti-abortion states on whether to allow exceptions