Business
Family offices stall deal-making during Iran conflict
Azim Premji, Founder Chairman of Wipro, speaks during the inauguration of the Wipro Hydraulic Plant in Jaipur, Rajasthan, India, on Aug. 22, 2024. Vishal Bhatnagar | Nurphoto | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to […]
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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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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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Trump’s address, SpaceX IPO, Sam’s Club membership prices and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. It’s the one-year anniversary of President Donald Trump’s initial tariff unveiling, what the president dubbed “liberation day.” Stock futures are falling this morning. The three major indexes are coming off another winning day. Here are five key things investors need […]
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Givers’ regret: What happens when wealthy parents try to claw back fortunes from their kids
Thomas Barwick | Digitalvision | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. While many wealthy parents are breathing a sigh of relief over estate tax changes in last […]
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Stocks making the biggest moves premarket: Exxon Mobil, Carnival, Delta, General Motors and more
Check out the companies making the biggest moves in premarket trading: Oil stocks — Shares of energy companies jumped alongside the move higher in oil prices , which surged more than 7% after President Donald Trump’s speech Wednesday night indicated the war in Iran would continue. APA gained 4.3%, while Diamondback Energy , ConocoPhillips , […]
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Novo Nordisk says Wegovy pill outperforms Lilly’s oral GLP-1 in cross-trial comparison
Wegovy semaglutide tablets. Michael Siluk | Universal Images Group | Getty Images The Wegovy pill showed more pronounced weight loss and less cumbersome side effects than Eli Lilly‘s rival pill that was approved this week, Novo Nordisk said Thursday. Oral Wegovy demonstrated “significantly greater mean weight loss” than orforglipron, which Lilly will sell under the […]
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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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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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