The new oil? Inside the effort to turn AI computing power into a tradeable commodity
For decades, companies have turned to futures markets to manage uncertainty. Airlines hedge fuel costs. Farmers hedge crops. Manufacturers hedge...
Breaking News: Business
Rivian laying off hundreds of workers amid R2 launch
Rivian electric vehicles are parked in front of a Rivian service center on April 30, 2026 in Los Angeles, California....
General Motors announces new defense partnership with Lockheed Martin
Automaker General Motors on Tuesday announced a new partnership with defense company Lockheed Martin to scale manufacturing and expand production...
Yum Brands sells Pizza Hut to private equity firm LongRange Capital and Yum China for $2.7 billion
A sign hangs above the front of a Pizza Hut restaurant on Feb. 9, 2026 in Chicago, Illinois. Scott Olson...
SpaceX set to pass Amazon by market cap in third day of trading as stock rises 3%
SpaceX shares rose about 3% on Tuesday, as Elon Musk's rocket-builder continued its meteoric rise following a record-breaking IPO on...
Carvana is expanding into new vehicles. The implications could reshape the U.S. automotive retail market
A Carvana sign and signature vending machine in Tempe, Arizona.Michael Wayland | CNBCAfter growing to become one of the largest...
How AI may be messing with home prices
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new...
Centene to offer buyouts to some employees as health insurer cuts costs
Sheldon Cooper | Lightrocket | Getty ImagesCentene said it offered buyouts to some employees on Monday, as the health insurer...
SpaceX IPO leaves retail investors with too few shares and a tough hold-or-sell decision
Billboards in Times Square celebrate the SpaceX initial public offering debut at the Nasdaq on June 12, 2026.Adam Jeffery |...
Ron Baron bought $1 billion of SpaceX shares in IPO, lifting stake to $25 billion
Early SpaceX investor Ron Baron wasn't taking profits during its blockbuster stock-market debut. He was buying more.The billionaire investor said...
KFC leans into boneless chicken, new drinks as chain tries to regain market share
To win over today's diners, KFC is prioritizing boneless chicken menu items, expanding its sauce options and designing its restaurants...
Fox to buy streaming device maker Roku for $22 billion
The electronic news ticker of Fox News reads headlines at the News Corp. Building in the Midtown Manhattan area of...
Trump says France must scrap tech 'sales tax' or face 100% wine tariffs: NY Post
President Donald Trump has warned France must scrap a 3% tech "sales tax" or face 100% tariffs on U.S. imports...
JetBlue bets big on Fort Lauderdale, from a new airport lounge to an international gateway
A JetBlue Airlines plane lands near the Air Traffic Control tower at the Fort Lauderdale-Hollywood International Airport on Oct. 7,...
Rivian CEO taking different approach than Elon Musk for humanoid robotics company
Humanoid industrial robot are on display at the humanoid robot data training center in Shougang Park on March 27, 2025...
Paramount-WBD merger wins approval from DOJ
Paramount Skydance CEO David Ellison speaks on stage during the Paramount Pictures presentation at CinemaCon at The Colosseum at Caesars...
SpaceX cuts retail IPO allocation to low 20% range, source says
SpaceX is allocating a smaller-than-expected portion of its blockbuster initial public offering to retail investors, according to a person familiar...
From startup to $1.8 trillion: The investors who took a chance on SpaceX now reap the rewards
SpaceX's Super Heavy booster is seen on the launch pad, as Starship is prepared to be placed on top, at...
Elections advertising spend for 2026 expected to reach record high, outpacing presidential years
The 2026 midterm election cycle could surpass the 2024 presidential cycle to reach record advertising spend for any U.S. election,...
North Carolina treasurer passes on SpaceX citing valuation concerns; favors OpenAI, Anthropic
North Carolina state Treasurer Brad Briner said the year's hottest IPO is too expensive for his pension fund to own.Briner,...
