Business

Advertisers boost spending at retailers like Walmart and Amazon as TV shrinks
Business

Advertisers boost spending at retailers like Walmart and Amazon as TV shrinks

An M&M’s advertisement seen on a gas pump. Courtesy: GSTV The next frontier for the ad market isn’t on TV — it’s in stores and on your phone. Television had long been the key target for advertisers, until tech companies like Alphabet and Meta-owned platforms like Facebook began to gobble up market share. While ad […]

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Frontier Airlines CEO urges crackdown of ‘rampant abuse’ of airport wheelchair service
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Frontier Airlines CEO urges crackdown of ‘rampant abuse’ of airport wheelchair service

Frontier Airlines plane seen at Cancun International Airport. On Wednesday, December 08, 2021, in Cancun International Airport, Cancun, Quintana Roo, Mexico. Artur Widak | Nurphoto | Getty Images The 1986 Air Carrier Access Act requires airlines to provide a wheelchair to passengers with disabilities at the airport. The problem: Many travelers are faking it, Frontier […]

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Daily marijuana use surpasses alcohol consumption, new study finds. Here’s what it means for the booze business
Business

Daily marijuana use surpasses alcohol consumption, new study finds. Here’s what it means for the booze business

In this photo illustration, dried cannabis flowers are displayed on April 30, 2024 in San Anselmo, California. The U.S. Drug Enforcement Administration (DEA) announced plans to reclassify marijuana as a less dangerous drug and designate it a Schedule III controlled substance instead of a Schedule I drug where it is currently listed.  Justin Sullivan | […]

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GM CEO Mary Barra says she has no plans to retire soon as automaker’s transformation continues
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GM CEO Mary Barra says she has no plans to retire soon as automaker’s transformation continues

General Motors chair and chief executive officer Mary Barra participates in an Economic Club of Washington discussion on “the transformation of the automotive industry to an all-electric future, the path to autonomous vehicles, and the recent negotiations with GM’s workforce” in Washington, U.S., December 13, 2023.  Elizabeth Frantz | Reuters DETROIT – General Motors CEO […]

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Warner Bros. Discovery’s NBA rights offer could put it in competition with Amazon, not NBC
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Warner Bros. Discovery’s NBA rights offer could put it in competition with Amazon, not NBC

Jalen Brunson #11 of the New York Knicks drives to the basket during the game against the Indiana Pacers during Round 2 Game 1 of the 2024 NBA Playoffs on May 6, 2024 at Madison Square Garden in New York City, New York.  Nathaniel S. Butler | National Basketball Association | Getty Images Warner Bros. […]

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Sales of newly built homes tank in April, as prices and interest rates rise
Business

Sales of newly built homes tank in April, as prices and interest rates rise

A pile of lumber at a home under construction at the Cold Spring Barbera Homes subdivision in Loudonville, New York, US, on Wednesday Nov. 8, 2023.  Angus Mordant | Bloomberg | Getty Images Sales of newly built homes dropped 4.7% in April compared with March, and fell a larger 7.7% from the prior year, the […]

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Boeing expects negative free cash flow, slow recovery in aircraft deliveries, CFO says
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Boeing expects negative free cash flow, slow recovery in aircraft deliveries, CFO says

An American Airlines Boeing 737 MAX 8 flight from Los Angeles approaches for landing at Reagan National Airport shortly after an announcement was made by the FAA that the planes were being grounded by the United States in Washington, U.S. March 13, 2019.  Joshua Roberts | Reuters Boeing will burn through cash this year and […]

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Palm Beach housekeepers are making 0,000 a year due to massive demand from the wealthy
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Palm Beach housekeepers are making $150,000 a year due to massive demand from the wealthy

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. Housekeepers in Palm Beach and South Florida are cleaning up, with salaries often topping $150,000 and bidding wars between mansion owners […]

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Warner Bros. Discovery and ESPN strike 5-year deal for College Football Playoff games
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Warner Bros. Discovery and ESPN strike 5-year deal for College Football Playoff games

ESPN college football broadcast camera on display prior to the All State Sugar Bowl playoff game between the Texas Longhorns and the Washington Huskies on Monday, January 1, 2024 at Caesars Superdome in New Orleans, LA. Nick Tre. Smith | Icon Sportswire | Getty Images In a move to strengthen its sports offerings, Warner Bros. […]

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Why Target and McDonald’s are cutting prices and offering deals
Business

Why Target and McDonald’s are cutting prices and offering deals

A “low price” sign hangs from a shelf at a Target store in Miami, Florida, on May 20, 2024. Joe Raedle | Getty Images Target‘s weak quarterly earnings underscored why it cut prices on thousands of household staples: It’s struggling to win over bargain hunters. The discounter is not alone. Target’s first-quarter results on Wednesday […]

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