Breaking News: Business
Trump administration prepares up to 100% pharmaceutical tariffs on some imported drugs
The Trump administration is preparing to impose new tariffs on branded drugs from pharmaceutical companies that have not struck landmark deals with the president to lower their U.S. drug prices, CNBC has learned. Patented medications and their active ingredients would be hit with a 100% tariff, according to a draft of the document obtained by […]
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Regional sports networks are faltering even as ratings soar
Yoshinobu Yamamoto #18 of the Los Angeles Dodgers and Donald Glover greet Yoshi after throwing out the first pitch before a baseball game against the Cleveland Guardians at Dodger Stadium on March 31, 2026 in Los Angeles, California. Ryan Sirius Sun | Getty Images Sport | Getty Images A group of regional sports networks is […]
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Starbucks to award bonuses to baristas, expand tipping to promote turnaround efforts
A Starbucks barista fulfills an order in a South Philadelphia store. Mark Makela | Reuters Starbucks will award baristas and shift supervisors quarterly bonuses of $300 if their stores hit certain targets to aid the coffee chain’s turnaround efforts, the company said Thursday. The program will begin in July, with the first payout coming in […]
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Tesla reports 358,000 first-quarter vehicle deliveries, down 14% from last quarter
Tesla posted its vehicle deliveries and production report for the first quarter of 2026, showing a drop from the prior period but mild growth from a year earlier. Tesla has recorded annual declines in the past two years. Here are the key numbers: Total Q1 vehicle deliveries: 358,023 Total Q1 vehicle production: 408,386 Analysts were […]
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Coca-Cola unveils ad campaign with 13 restaurant chains to boost drink sales as diner traffic falls
Coca-Cola on Thursday unveiled a new marketing campaign to boost sales of its soda at restaurants as declining traffic and sluggish sales growth challenge both the industry and its top beverage supplier. The campaign marks the first time Coke has released ads featuring multiple restaurant partners. The commercials flash across different consumers ordering their meals […]
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Thorne is on pace for $650 million in sales as Gen Z fuels a supplement boom — despite subscription fatigue
Supplement brand Thorne is on pace to reach $650 million in annual revenue this year, fueled by Gen Z and millennial shoppers who are increasingly focused on improving their health, CNBC has learned. The 42-year-old supplement brand, which L Catterton took private in 2023, has sustained a compound annual growth rate of over 30% since […]
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EV demand is getting a boost from the Iran war — just as auto giants pivot back to combustion engines
An electric vehicle (EV) is left to charge at a charging station in Tehran on February 23, 2026. Atta Kenare | Afp | Getty Images The sprawling Middle East crisis is expected to spur drivers to abandon traditional internal combustion engine vehicles in favor of EVs, analysts told CNBC, although early evidence suggests this will […]
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Tiger Woods’ future in golf is uncertain as he faces recovery after Florida crash
Tiger Woods of Jupiter Links Golf Club looks on before the match against the Los Angeles Golf Club at SoFi Center in Palm Beach Gardens, Florida, March 24, 2026. Adam Glanzman | TGL Golf | Getty Images Tiger Woods’ future in professional golf remains unclear as he seeks treatment after a rollover car crash last […]
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Walmart-owned Sam’s Club raises its annual membership fee to $60
A Sam’s Club sign hangs on the wall of a store on July 07, 2025 in Miami, Florida. Joe Raedle | Getty Images Walmart-owned Sam’s Club said Wednesday it will raise its annual membership fee by $10. Starting on May 1, the warehouse club — which directly competes with Costco and BJ’s Wholesale Club — […]
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Wall Street loses patience with Nike as turnaround drags, China weakness deepens
Nike Inc. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Dec. 31, 2025. Michael Nagle | Bloomberg | Getty Images When Nike reported fiscal third quarter earnings on Tuesday night, investors were looking for evidence its recovery is on track. Instead, all they learned is the […]
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