Business
JPMorgan marks 1,000th branch opening since 2018 expansion plans
A new JPMorgan Chase branch in Charlotte, North Carolina. Courtesy: JPMorgan Chase JPMorgan Chase has built 1,000 new branches in seven years. That’s more locations than most of its competitors operate in total. The bank is marking the milestone opening in Charlotte, North Carolina, on Thursday where Chairman and CEO Jamie Dimon is attending a […]
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CVS shares pop on earnings beat and outlook, as retail pharmacy and insurance units improve
CVS Health on Thursday reported second-quarter earnings and revenue that topped estimates and raised its adjusted profit outlook, as it sees strength in its retail pharmacy business and some improvement in its insurance unit. Shares of the retail drugstore chain jumped more than 9% in premarket trading Thursday. The company now expects fiscal 2025 adjusted […]
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Comcast earnings top analyst estimates despite broadband customer losses
Comcast beat Wall Street estimates on Thursday for second-quarter earnings and revenue. Yet the company saw a loss of broadband customers even as it pivoted its market strategy for the segmen Comcast and its cable peers have been suffering from a slowdown in broadband growth, which has impacted company stocks. Comcast stock was up about […]
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MLB is tapping into NASCAR to help grow baseball
MLB will be playing its first ever baseball game at Bristol Motor Speedway in Tennessee. MLB Major League Baseball is taking America’s pastime to an iconic NASCAR track, and the game is set to top league attendance records. On Saturday, MLB will play its first-ever game in Tennessee as part of the MLB Speedway Classic, […]
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High Noon recalls some 12-packs, saying they may contain Celsius energy drink cans filled with vodka seltzer
High Noon vodka seltzer and Celsius energy drinks. Kevin Carter | David Paul Morris | Bloomberg | Getty Images High Noon has issued a nationwide recall of one of its popular vodka seltzer drinks, saying some packages may contain Celsius energy drink cans filled with the alcoholic beverage. The cans, labeled as Celsius Astro Vibe […]
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Apartment rents drop in July as vacancies move to multiyear high
A sign on the side of a building in Hell’s Kitchen, New York City, advertising an apartment is available for rent through a real estate broker. Deb Cohn-Orbach | UCG | Universal Images Group | Getty Images The massive surge of new apartment supply in the last few years is still being absorbed, and that […]
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Ford Motor is set to report earnings after the bell. Here’s what Wall Street expects
The Ford display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC Ford Motor is set to report its second-quarter earnings after the markets close Wednesday as investors watch for any changes to its full-year guidance, which the automaker suspended in May due to President Donald Trump’s […]
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DOJ drops charges against Fat Brands, chair Andy Wiederhorn
Andy Wiederhorn, former Fatburger CEO. CNBC The Justice Department is dropping its case against Fat Brands and its chair Andy Wiederhorn. In May 2024, the company and Wiederhorn were indicted by a federal grand jury in Los Angeles on charges of wire fraud, tax evasion and other counts related to what prosecutors alleged was a […]
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Cinemark to add 20 ScreenX locations in push for premium moviegoing
ScreenX is the world’s first multi-projection cinema with an immersive 270 degree field of view. CJ 4DPLEX Singing witches and blue aliens are set to hit the big screen before the end of the year and bring in droves of moviegoers. Cinemark is preparing for the high demand by adding more unique premium screens to […]
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Wall Street sees Starbucks comeback taking hold, even after another lackluster quarter
Customers enter a Starbucks coffee shop in New York, US, on Monday, July 28, 2025. Victor J. Blue | Bloomberg | Getty Images Wall Street is seeing early signs that Starbucks‘ turnaround is taking hold, despite a quarterly earnings miss and another quarter of shrinking same-store sales. “The focus for Starbucks’ third fiscal quarter was […]
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