Business
Target will report earnings before the bell. Here’s what to expect
The Target bullseye logo is seen on the outside of its store at the Lycoming Crossing Shopping Center. Paul Weaver | Lightrocket | Getty Images Target will report earnings on Wednesday morning as the big-box retailer gears up for the holiday season, gets ready for a new CEO and tries to snap a sales slump. […]
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Jeep reveals Wrangler-inspired Recon EV, starting at $65,000
LOS ANGELES — Jeep’s new Recon all-electric SUV will start at $65,000, the American SUV brand announced Tuesday when it officially revealed the vehicle. The 2026 Jeep Recon has been years in the making, as the idea of an electric vehicle inspired by the brand’s iconic off-road Wrangler SUV was first revealed in 2021. It […]
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Netflix is finally leaning into a key piece of the media playbook: Merchandising
People linger in the restaurant of the Netflix House experience center. Andrej Sokolow | Picture Alliance | Getty Images Netflix was the early leader in streaming. It’s been later to another crucial piece of the media playbook — merchandising and live events. The streamer has only recently begun adopting tried-and-true marketing methods that have been […]
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Property Play: BXP chief says the office sector has bottomed, but buildings still need to be demolished
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 U.S. office […]
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FanDuel, DraftKings abandon AGA trade group as rift over sports prediction markets grows
Budrul Chukrut | SOPA Images | Lightrocket | Getty Images FanDuel and DraftKings on Tuesday said they are quitting the American Gaming Association, the leading trade organization representing casinos, gaming manufacturers and sportsbooks. In separate announcements, the companies said they were abandoning their AGA memberships because the direction of online betting — increasingly tied to […]
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Toyota to invest $912 million in U.S. plants to increase hybrid vehicle production
2023 Prius Prime on display, April 6, 2023. Scott Mlyn | CNBC Toyota Motor on Tuesday announced plans to invest $912 million in U.S. manufacturing plants in five Southern states as part of a previously announced plan for the company to invest up to $10 billion domestically by 2030. The investments announced Tuesday are broadly […]
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Panera lost diners by cutting portions and staff. It’s reversing course to win them back
A Panera Bread sign hangs on the exterior of the restaurant on July 25, 2025 in Miami, Florida. Joe Raedle | Getty Images When Panera Bread began shrinking its sandwiches and skimping on salads, it started shedding customers. Now, to win them back, the chain plans to reinvest in the business and undo many of […]
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Home Depot cuts earnings outlook as home improvement demand falls short of expectations
Home Depot on Tuesday cut its full-year profit forecast and missed Wall Street’s earnings expectations for the third straight quarter as it saw weaker home improvement demand, tepid consumer spending and lower than usual storm activity. The retailer said it now expects full-year sales will climb about 3% and comparable sales, which take out the […]
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E.W. Scripps stock surges 40% after Sinclair takes stake, pushes for a merger
Signage is displayed outside the Sinclair Broadcast Group Inc. headquarters in Cockeysville, Maryland, U.S. Andrew Harrer | Bloomberg | Getty Images Sinclair disclosed a stake in fellow broadcast station owner E.W. Scripps on Monday, in a move to push toward a merger of the companies. Sinclair, which acquired a roughly 8% position in Scripps, per […]
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Jeep eyes U.S. comeback following yearslong sales troubles
2025 Jeep Cherokee SUV Stellantis AUBURN HILLS, Mich. — Jeep is betting Americans still love a good comeback story. It’s a mantra that’s reverberating through the quintessential SUV brand — from its CEO to a marketing campaign with LL Cool J — following yearslong sales and market share declines that have taken a toll on […]
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