Business
Saks Global announces new CEO as it reportedly prepares for bankruptcy
A pedestrian passes in front of the Saks Fifth Avenue Inc. women’s store at Brookfield Place in New York, U.S. Allison Joyce | Bloomberg | Getty Images Saks Global named a new CEO on Friday as the retailer is reportedly on the cusp of filing for bankruptcy protection. The parent of high-end department store chain Saks Fifth Avenue, […]
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Behind the mesh curtain: Why airline class wars will intensify in 2026
Planes line up on the tarmac at LaGuardia Airport on November 10, 2025 in New York City. Spencer Platt | Getty Images News | Getty Images From Spirit Airlines’ fight for survival to American Airlines‘ planned glow-up, from new international routes and brand-new airport lounges to stingier frequent flyer policies, class divides in the sky […]
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Stellantis resurrects $100,000 Ram TRX V-8 pickup truck amid industry deregulation
2027 Ram 1500 SRT TRX Stellantis DETROIT — Stellantis is resurrecting a V-8-powered Ram pickup truck called the TRX as the company faces fewer federal emissions regulations and enacts a U.S. sales turnaround plan for its brands. The automaker said Thursday that the 2027 Ram 1500 SRT TRX will be available late in 2026 for […]
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Tech startup Hyphen is bringing AI to the lunch line — with help from Cava and Chipotle
At a challenging time for the restaurant industry, major chains like Chipotle and Cava are putting money behind automated makelines from startup Hyphen. The San Jose, Calif.-based company aims to help restaurants achieve two key goals in a hyper-competitive environment: speedy throughput and good customer service. The technology makes for a less chaotic and more […]
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Home prices are getting slightly more affordable, but down payments are still holding buyers back
Mortgage rates are lower, home prices are easing, and there is more supply on the market for sale. All of that adds up to improved affordability for today’s homebuyers. Saving for a down payment, however, is still the biggest hurdle for first-time buyers. Prices nationally are basically flat compared with where they were a year […]
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These restaurant chains closed locations in 2025
As the restaurant industry endured another difficult year, many chains opted to close underperforming locations as they try to turn around their businesses. Inflation-weary consumers have pulled back their restaurant spending, choosing to eat at home or chasing deals when they go out for a meal. While some restaurants have won over reluctant diners, the […]
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Here’s what to expect for commercial real estate in 2026
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 2025 economy […]
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Restaurants’ hottest menu item in 2025 was ‘value.’ That won’t change next year
McDonald’s restaurant in San Diego, California, U.S., Oct. 31, 2025. Mike Blake | Reuters “Value” was the buzzword du jour for restaurant executives that lasted all year — and it will likely stick around in 2026, too. Over the last year and a half, diners, particularly those who make less than $40,000 a year, have […]
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Winter storm puts airlines to the test. Here’s what travelers need to know
A traveler near a departures board at Newark Liberty International Airport (EWR) in Newark, New Jersey, US, on Monday, Nov. 24, 2025. Victor J. Blue | Bloomberg | Getty Images Airlines are letting flyers change their trips ahead of a major winter storm that will put carriers to the test during one of the busiest […]
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