Business
Versant is about to test Wall Street’s appetite for cable TV in its first earnings report as a public company
Versant signage on the floor at the New York Stock Exchange on July 21, 2025. Michael Nagle | Bloomberg | Getty Images Versant Media Group will release its first earnings report as a public company on Tuesday, giving Wall Street its first glimpse inside a company made up primarily of pay-TV networks. The Comcast spinoff […]
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Travel stocks sink after thousands of flights grounded following Iran strikes
A display board shows canceled flights to Dubai and Doha amid regional airspace closures at Noi Bai International Airport, amid the U.S.-Israel conflict with Iran, in Hanoi, Vietnam, March 2, 2026. Picture taken with a mobile phone. Thinh Nguyen | Reuters Airline and travel stocks fell Monday after airspace closures throughout the Middle East forced […]
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How the ‘K-shaped’ economy is showing up at two big U.S. gyms
Two of the largest U.S. gym operators delivered the same headline in their latest earnings reports: strong growth. But beneath the surface, Life Time Group Holdings and Planet Fitness told very different stories about the American consumer. They highlighted a widening divide between higher-income households that continue to spend freely and more price-sensitive consumers who […]
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NASA is sending its first Black and first female astronauts to the moon
NASA is preparing to launch a mission to the moon — and it’s making history for more reasons than one. The space agency’s Artemis II launch marks the U.S.’s first journey back to the moon in more than 50 years. It will also carry the first Black astronaut and the first female astronaut to travel […]
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WBD employees fear coming wave of job losses as Paramount tops Netflix’s bid to acquire company
The Warner Bros. Discovery board may have enriched its shareholders Thursday when it chose Paramount Skydance‘s acquisition offer over Netflix‘s, but it also terrified a lot of its employees. While some of those people own WBD shares and may prefer the financials of Paramount’s $31-per-share bid to Netflix’s $27.75-per-share offer, CNBC spoke to 10 WBD […]
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WBD and Paramount may have an easier time winning regulatory approval than Netflix
The Paramount logo is displayed above an entrance to Paramount Studios on Feb. 23, 2026 in Los Angeles, California. Justin Sullivan | Getty Images A day after Paramount Skydance emerged as the winner to take over fellow media giant Warner Bros. Discovery, questions are mounting about the companies’ regulatory path forward. The WBD board said […]
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FanDuel parent Flutter reports disappointing fourth-quarter earnings
FanDuel parent Flutter Entertainment announced fourth-quarter earnings Thursday that missed Wall Street expectations on nearly every metric. FanDuel’s performance in the final quarter of 2025 was affected by bettors losing more often than usual. When that happens, gamblers get discouraged, bet less and stop using the app as frequently, Flutter CEO Peter Jackson told CNBC […]
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The NBA doesn’t just want to build a European basketball league — it wants to revolutionize the international pro game
A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign up to receive future editions, straight to your inbox. NBA Commissioner Adam Silver has a new pet project with grand ambitions — […]
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State Farm announces $5 billion dividend; $100 average refund coming to car insurance customers
State Farm on Thursday announced a historic $5 billion dividend for its car insurance members, the largest in the mutual insurance company’s 103-year history. “This dividend is possible due to State Farm Mutual’s financial strength and a stronger than expected underwriting performance, which has been reported industry wide,” the company said in a statement. Customers […]
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Why this apartment developer is deploying $1 billion of new capital toward older buildings
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. In […]
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