Business
Warner Bros. Discovery shareholders approve Paramount acquisition
Jakub Porzycki | Nurphoto | Getty Images Warner Bros. Discovery shareholders approved the company’s proposed merger with Paramount Skydance in a preliminary vote on Thursday, bringing a buzzy sale process one step closer to the finish line. Paramount has offered $31 per share for the entirety of Warner Bros. Discovery — its cable TV networks […]
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Comcast beats revenue, earnings expectations as broadband losses improve
Comcast topped Wall Street’s revenue and earnings estimates for the first quarter on Thursday, lifted by NBC’s sports slate in February and improving broadband customer losses. The company said it lost 65,000 broadband customers compared with 183,000 losses in the same period last year. Heightened competition from wireless providers like Verizon and T-Mobile has led […]
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How the Iran war is hitting homebuilders
Key Points Homebuilder sentiment dropped sharply in April, according to a monthly index from the National Association of Home Builders. The war with Iran has pushed mortgage rates higher and layered on big increases in costs for materials and transportation due to the spike in oil prices. A slew of building suppliers reported price hikes […]
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Kevin Warsh’s wealth shows how top family office employees can cash in
Kevin Warsh, U.S. President Donald Trump’s nominee for Chair of the Federal Reserve, prepares to testify during his Senate Committee on Banking, Housing, and Urban Affairs confirmation hearing in the Dirksen Senate Office Building on April 21, 2026 in Washington, DC. Andrew Harnick | Getty Images A version of this article first appeared in CNBC’s […]
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Gas prices are rising, but don’t count on significantly lower car insurance premiums as a result
A customer fills his vehicle with fuel at a gas station on April 13, 2026 in Miami, Florida. As the United States military blockades the Strait of Hormuz fuel prices rose above $100 dollars a barrel. Joe Raedle | Getty Images As war in the Middle East pushes the national average for gas to around […]
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Lululemon names former Nike exec Heidi O’Neill as new CEO
Lululemon store sign on March 2,, 2026 in London, United Kingdom. Peter Dazeley | Getty Images Lululemon on Wednesday named Heidi O’Neill as the athleisure company’s new CEO, effective Sept. 8. The news comes after the company has seen more than a year of disappointing performance and been embroiled in a dramatic proxy battle, with […]
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BMW says it has no intention of dropping sedans, even as some rivals cut back
BMW wants to keep making sedans in spite of U.S. tariff pressures on German imports and the far higher sales of sport utility vehicles, said Sebastian Mackensen, the company’s North America chief. Mackensen made the comments in an interview on Tuesday, a day before BMW unveiled an updated version of its full-size 7 Series sedan, […]
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RFK Jr. says he would support a potential ban on junk food TV ads
U.S. Secretary of Health and Human Services Robert F. Kennedy Jr. gestures as he speaks during an event at the Roosevelt Room of the White House in Washington, D.C., U.S., Dec. 19, 2025. Evelyn Hockstein | Reuters Health and Human Services Secretary Robert F. Kennedy Jr. on Wednesday said he would support a potential ban […]
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Rivian hits production milestone for R2 EV ahead of customer deliveries
Rivian founder and CEO RJ Scaringe on April 22, 2026 drives the first customer-ready electric R2 SUV off the assembly line at the company’s plant in Normal, Illinois. Courtesy Rivian Rivian Automotive on Wednesday said it has started production of its new R2 all-electric vehicle for customers at its plant in Normal, Illinois. The start […]
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Convenience store owner Yesway is stealing customers from fast-food chains, CEO says
Thomas Trkla, chairman and and chief executive officer of Yesway Inc., during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Wednesday, April 22, 2026. Michael Nagle | Bloomberg | Getty Images Deep-fried burritos and chimichangas from convenience store chain Allsup’s are helping its parent company Yesway steal customers […]
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