Business
Coca-Cola taps COO Henrique Braun to replace James Quincey as CEO in 2026
Henrique Braun to become the next CEO of The Coca-Cola Company. Courtesy: The Coca-Cola Company Coca-Cola Chief Operating Officer Henrique Braun will succeed James Quincey as CEO next year, the company said Wednesday, as Coke and its rivals navigate tepid consumer demand for soft drinks. The change will take effect on March 31, Coca-Cola said. […]
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Southwest CEO says airline ‘actively pursuing’ network of airport lounges
A Southwest Airlines plane takes off from Minneapolis–Saint Paul International Airport in Minneapolis, Minnesota, U.S., November 7, 2025. Tim Evans | Reuters Southwest Airlines is “actively pursuing” the possibility of opening a network of airport lounges, CEO Bob Jordan told CNBC on Wednesday, as the airline industry continues to fight over premium travelers. “I think […]
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Rivian turns to AI, autonomy to woo investors as EV sales stall
Rivian CEO RJ Scaringe tours the inside of electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | Reuters DETROIT — Rivian Automotive will let artificial intelligence take the wheel to try to convince investors that its future can be more lucrative than its past. The all-electric vehicle […]
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Online grocer Thrive Market bails on booze, bets big on alcohol-free boom
Thrive Market headquarters at Fast Company Creativity Counter-Conference in Los Angeles, California. Araya Doheny | Getty Images Thrive Market is officially going dry. The online health and grocery marketplace will become the first major online grocer to remove all alcohol products when it takes them off its subscription service. The company plans to replace the […]
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Walmart and Alquist strike landmark deal, jump-starting 3D-printed commercial real estate
Construction company Alquist 3D worked with Walmart last year to build a nearly 8,000-square-foot 3D printed addition to its store in Athens, Tennessee. Alquist A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to […]
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Commercial real estate deal volume drops for the first time in nearly two years
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. The recovery in […]
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Take a look inside Target’s new fashion-focused store in New York’s SoHo neighborhood
Target has turned its store in New York City’s SoHo neighborhood into a unique concept store. Inside of an area that resembles the company’s Bullseye logo, the company has “The Drop,” a rotating display of seasonal styles and curated items. Courtesy of Target In one of New York City’s most fashion-forward neighborhoods, Target is unveiling […]
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Stellantis to bring tiny Fiat car to U.S. following Trump remarks
Stellantis plans to offer the Fiat Topolino, an all-electric quadricycle vehicle, in the U.S. Stellantis DETROIT – Chrysler parent Stellantis on Monday announced it will offer an all-electric small “car” called the Fiat Topolino in the U.S. The automaker did not announce timing for the vehicle, but Fiat CEO Olivier François confirmed plans to bring […]
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Here’s what to expect in Paramount’s quest to elbow out Netflix and buy Warner Bros. Discovery
David Ellison at Netflix’s “America’s Team: The Gambler and His Cowboys” at The Egyptian Theatre on August 11, 2025 in Los Angeles, California. Gilbert Flores | Variety | Getty Images Paramount Skydance laid out its plan Monday to convince Warner Bros. Discovery shareholders that it’s a better buyer for the company than Netflix. The hostile […]
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Comcast president outlines unsuccessful WBD offer and future of NBC’s Peacock
Mike Cavanagh, President of Comcast Corporation attends the Allen & Company Sun Valley Conference on July 10, 2024 in Sun Valley, Idaho. T Kevork Djansezian | Getty Images Comcast’s top brass on Monday pulled the curtain back on the company’s unsuccessful bid for Warner Bros. Discovery, detailing an offer far different from its rival bidders. […]
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