Business
Walmart in talks to acquire Israeli-founded startup to combat scams, counterfeits
Walmart is in talks to buy a startup called R&A Data, a company founded by two Israeli scientists that works to reduce scams and counterfeits on online marketplaces, according to people familiar with the matter and records reviewed by CNBC. The potential acquisition would come at a key time for the largest U.S. retailer as […]
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Klimt painting sells for record $236 million, reviving hopes for the art market
People talk near the Leonard A. Lauder Collection (Portrait of Elisabeth Lederer) during a preview of the auction house Sotheby’s new headquarters in Manhattan, New York City, U.S., November 7, 2025. Eduarod Munoz | Reuters Gustav Klimt’s “Portrait of Elisabeth Lederer” sold at Sotheby’s Tuesday night for $236.4 million, making it the second-most expensive painting […]
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Porsche reveals all-electric Cayenne SUV, ‘most powerful’ production vehicle ever made by sports car company
The 2026 Porsche Cayenne Electric SUV Porsche Porsche on Wednesday revealed an all-electric version of its Cayenne SUV, calling it the “most powerful” production vehicle ever made by the German sports car manufacturer. The 2026 Cayenne EV is capable of 1,139 horsepower, 0-60 mph in 2.4 seconds and up to 1,106 foot-pounds of torque, according […]
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Stocks making the biggest moves premarket: Target, Lowe’s, Viking, Bullish and more
Check out the companies making the biggest moves in premarket trading: Target — The retailer fell nearly 3% after it cut full-year earnings guidance . The company said it expects earnings per share to range between $7 and $8. Target previously expected its full-year profit to come in between $7 per share and $9 per […]
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Lowe’s beats on quarterly sales, but lowers full-year profit forecast amid economic uncertainty
In an aerial view, a customer enters a Lowe’s store on May 21, 2025 in Cotati, California. Justin Sullivan | Getty Images Lowe’s on Wednesday posted a year over year sales increase for the quarter, but the company lowered its full-year profit outlook slightly to reflect a tougher economic backdrop. The home improvement retailer now […]
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Target will report earnings before the bell. Here’s what to expect
The Target bullseye logo is seen on the outside of its store at the Lycoming Crossing Shopping Center. Paul Weaver | Lightrocket | Getty Images Target will report earnings on Wednesday morning as the big-box retailer gears up for the holiday season, gets ready for a new CEO and tries to snap a sales slump. […]
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Jeep reveals Wrangler-inspired Recon EV, starting at $65,000
LOS ANGELES — Jeep’s new Recon all-electric SUV will start at $65,000, the American SUV brand announced Tuesday when it officially revealed the vehicle. The 2026 Jeep Recon has been years in the making, as the idea of an electric vehicle inspired by the brand’s iconic off-road Wrangler SUV was first revealed in 2021. It […]
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Netflix is finally leaning into a key piece of the media playbook: Merchandising
People linger in the restaurant of the Netflix House experience center. Andrej Sokolow | Picture Alliance | Getty Images Netflix was the early leader in streaming. It’s been later to another crucial piece of the media playbook — merchandising and live events. The streamer has only recently begun adopting tried-and-true marketing methods that have been […]
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Stocks making the biggest moves midday: Cloudflare, Klarna, Strategy, Energizer & more
Check out the companies making the biggest moves midday: Klarna — The buy now, pay later platform tumbled almost 7% after its first earnings report since its September IPO showed a third-quarter operating loss of $83 million versus operating profit a year ago of $13 million. Strategy — The crypto proxy rose 8%, as flagship […]
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