Breaking News: Business
The New York Times sues Perplexity, alleging copyright infringement
Davide Bonaldo | Lightrocket | Getty Images The New York Times on Friday filed a lawsuit against Perplexity, alleging the artificial intelligence startup has illegally copied and distributed its copyrighted content. The suit, filed in the Southern District of New York, accuses Perplexity of unlawfully scraping The Times’ stories, videos, podcasts and other content to […]
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Southwest Airlines cuts outlook on government shutdown demand hit, higher fuel costs
Planes line up on the tarmac at LaGuardia Airport on Nov. 10, 2025 in New York City. Spencer Platt | Getty Images Southwest Airlines cut its 2025 earnings forecast on Friday, citing a demand dip during the federal government shutdown, the longest ever. The carrier said it expects 2025 earnings before interest and taxes of […]
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Netflix to buy Warner Bros. film and streaming assets in $72 billion deal
Warner Bros. Studios in Burbank, California, US, on Wednesday, Nov. 26, 2025. Warner Bros. Jill Connelly | Bloomberg | Getty Images Netflix announced Friday it’s reached a deal to buy Warner Bros. Discovery, bringing a swift end to a dramatic bidding process that saw Paramount Skydance and Comcast also vying for the legacy assets. The […]
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Costco adds Biden Commerce Sec. Gina Raimondo to board on heels of Trump tariff lawsuit
US Commerce Secretary Gina Raimondo speaks on the first day of the Democratic National Convention (DNC) at the United Center in Chicago, Illinois, on August 19, 2024. Mandel Ngan | AFP | Getty Images Read more CNBC politics coverage “We are very pleased to nominate Secretary Raimondo for election to our Board,” Costco Chairman Tony […]
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Ulta shares pop as beauty retailers hikes sales and earnings outlook for second straight quarter
An Ulta Beauty store in Concord, California, US, on Wednesday, Dec. 3, 2025. David Paul Morris | Bloomberg | Getty Images Ulta Beauty on Thursday raised its full-year sales outlook after topping Wall Street’s expectations for the fiscal third quarter. The beauty retailer said it now expects net sales for the year to be approximately […]
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New York Times sues Defense Sec. Pete Hegseth over restrictive Pentagon media rules
The New York Times building is seen on September 16, 2025 in New York City. Michael M. Santiago | Getty Images The New York Times on Thursday filed a lawsuit challenging new restrictions on reporters who cover the Pentagon, which the newspaper says violate the U.S Constitution’s free press protections. The suit against the Defense […]
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Electric aircraft maker Beta Technologies posts strong revenue growth in first report since going public
Fully electric battery powered ALIA CTOL, CX300 single engine airplane, manufactured by Beta Technologies, performs during the 55th edition of the International Paris Air Show (Salon international de l’aeronautique et de l’espace – SIAE) at the ParisLe Bourget Airport, in Le Bourget, north of Paris, France on June 18, 2025. Mustafa Yalcin | Anadolu | […]
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Paramount questions Warner Bros. Discovery on ‘fairness and adequacy’ of sale process: Read the full letter
A bus passes near Warner Bros. Studio on Sept. 12, 2025 in Burbank, California. Mario Tama | Getty Images Paramount Skydance is calling foul on how Warner Bros. Discovery has conducted its sale process. In a letter reviewed by CNBC, Paramount attorneys told Warner Bros. Discovery CEO David Zaslav that Paramount was questioning the “fairness […]
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CNBC Sport: U.S. men’s soccer is sick of losing the World Cup — and now it has a plan
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. Americans are great at sports. The United States has won more Olympic gold […]
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Tesla gains in 2026 Consumer Reports’ auto brand rankings
Refreshed versions of the Tesla Model Y are shown outside a Tesla store in San Diego, California, U.S. October 21, 2025. Mike Blake | Reuters DETROIT — U.S. electric vehicle sales leader Tesla made notable strides in Consumer Reports’ influential annual auto brand rankings, cracking the top 10 overall for the U.S. The EV manufacturer […]
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