Business
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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Adobe tries to climb out of the software stock abyss, with a little help from a buyback and Jensen Huang
Adobe could be crawling its way out of the software stock abyss, after a buyback and an endorsement from Nvidia CEO Jensen Huang revived confidence in the digital media provider. Shares of Adobe, the owner of Photoshop and other tools, have been punished lately, plunging 40% below their May 2025 high and into a bear […]
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Trump administration in advanced talks for Spirit Airlines rescue package, source says
The Trump administration is in advanced talks for a financing package for Spirit Airlines as the carrier is facing the risk of a liquidation, according to a person familiar with the matter. The iconic discounter Spirit has been challenged for years by rising costs, changing consumer tastes, an engine recall and a court-blocked plan to […]
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Life sciences lab real estate is clawing back from disaster. Here’s what that means for investors
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. Life […]
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Ceasefire extension, Best Buy’s new CEO, Amazon’s GLP-1 push and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. With all the volatility in the oil market, I found it helpful to look at this timeline for a reminder of all that’s happened over the last eight weeks. Stock futures are higher this morning. All three major indexes closed […]
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Google unveils chips for AI training and inference in latest shot at Nvidia
Google CEO Sundar Pichai gestures during a meeting with France’s President Emmanuel Macron on the sidelines of the AI Impact Summit in New Delhi on Feb. 19, 2026. Ludovic Marin | Afp | Getty Images After years of producing chips that can both train artificial intelligence models and handle inference work, Google is separating those […]
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Stocks making the biggest moves premarket: GE Vernova, Vertiv, Best Buy & more
Check out the companies making the biggest moves premarket: United Airlines — Shares rose more than 1.5% even after the airline posted disappointing guidance for its current quarter and full year as rising fuel prices pressure its outlook. United expects 2026 adjusted earnings of between $7 and $11 per share, down from prior guidance of […]
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Boeing narrows loss as aircraft deliveries rise, says it expects new 737 Max certifications this year
Boeing CEO Kelly Ortberg speaks at Boeing Field at an event announcing Alaska Airlines’ order for 105 737 MAX 10s and five 787-10 Dreamliner jets, in Seattle, Washington, U.S., January 7, 2026. Dan Catchpole | Reuters Boeing reported a smaller than expected loss for the first quarter, with improvements across its businesses, including its key […]
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Best Buy names Jason Bonfig as new CEO, replacing Corie Barry in late October
A Best Buy logo is displayed outside one of their stores on October 10, 2025 in San Diego, California. Kevin Carter | Getty Images Best Buy said Wednesday that company veteran Jason Bonfig will succeed Corie Barry as the retailer’s CEO on Oct. 31, taking over as Best Buy tries to break a run of […]
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Jim Cramer says Tim Cook accomplished something ‘almost impossible’ as Apple CEO
CNBC’s Jim Cramer on Tuesday reflected on the legacy of Tim Cook, arguing that the longtime leader of Apple achieved something many in corporate America consider “almost impossible.” “You have heard a lot about Tim Cook today and for good reason,” the “Mad Money” host said. “He built the greatest consumer-based enterprise in history.” Cook, […]
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