Microsoft Xbox chief Phil Spencer retires, replaced by AI executive Asha Sharma
Microsoft's head of gaming, Phil Spencer, is leaving the software maker following a 38-year tenure, as the company's Xbox business...
Business
Equinox chairman says 'health is the new luxury' as wellness spending soars
Equinox's $40,000-a-year membership has a waiting list of more than 1,000 people, as demand for luxury health and wellness programs...
Retail industry says Trump tariff reversal is a win, even as uncertainty remains
The retail industry on Friday said the Supreme Court's ruling that struck down some of President Donald Trump's global tariffs...
With Trump's 'reciprocal' tariffs struck down, here are the industries still facing higher rates
The Supreme Court during a rain storm in Washington, Feb. 20, 2026.Annabelle Gordon | Bloomberg | Getty ImagesThe Supreme Court...
Small furniture retailers face existential tariff threat, despite Supreme Court ruling
A worker walks through rows of American-made furniture at Warehouse Showrooms Furniture in Alexandria, Virginia, US. President Donald Trump's sweeping...
Tax season presents a boom-or-bust test for U.S. auto sales
Customers near a Ford Maverick pickup truck at a Ford dealership in Richmond, California, US, on Wednesday, April 16, 2025....
Stocks making the biggest moves premarket: Grail, Blue Owl Capital, Opendoor Technologies & more
Check out the companies making headlines before the bell. Grail — Shares cratered 47% after the company said a trial...
Amazon surpasses Walmart in annual revenue for first time, as both chase AI-fueled growth
Signs for Walmart (L) and Amazon.Getty ImagesFor the first time, Amazon has dethroned Walmart as the company with the largest...
Famed director James Cameron sends scathing letter to antitrust lawmaker over Netflix-WBD deal
Canadian filmmaker James Cameron poses during a photocall for the opening of the exhibition entitled 'The Art of James Cameron'...
Wayfair posts first annual sales gain since 2020, outperforms overall furniture market
Wayfair store in Wilmette, Illinois.Courtesy: WayfairWayfair's annual sales grew last year for the first time since 2020 as the online...
Ultra-rich families spend more on their private investment firms as their fortunes rise
Anciens Huang | Moment | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert...
Why New Balance's 'dad shoes' are beating Nike as sales surge 19%
New Balance sales grew 19% last year to $9.2 billion as the legacy sneaker giant continued to outperform the global...
Walmart reports strong holiday growth, but earnings outlook falls short of estimates
Walmart said on Thursday that holiday-quarter sales rose nearly 6% and its quarterly earnings and revenue surpassed Wall Street's expectations...
United Airlines is paring back rewards for travelers who don't have its credit card in MileagePlus overhaul
No United Airlines credit card? Soon you'll earn fewer miles than other travelers.United is overhauling its MileagePlus frequent flyer program...
Stocks making the biggest moves premarket: Walmart, Hims & Hers, Carvana, Figma & more
Check out the companies making the biggest moves in premarket trading: Walmart — The big-box retailer shed 3.7% after its...
Airbus falls 5% after targeting only 870 deliveries this year as Boeing competition tightens
These specially configured A350-1000ULRs are expected to enable the world’s longest commercial flights. QantasAirbus said Thursday it expects to deliver...
Seattle Seahawks begin sale process after Super Bowl win
Dareke Young #83 of the Seattle Seahawks celebrates with teammates during the third quarter of the NFC Championship game against...
Stocks making the biggest moves midday: Wingstop, Moody's, Madison Square Garden Sports & more
Check out the companies making headlines in midday trading. Wingstop — Shares of the chicken wing chain jumped about 13%...
Stocks making the biggest moves premarket: Nvidia, New York Times, Palantir & more
Check out the companies making headlines before the bell. Nvidia — The chipmaker ticked up 2% after Meta expanded its...
As Walmart and Target head in different directions, all eyes are on their new CEOs
Walmart CEO John Furner, left, and Target CEO Michael Fiddelke.Walmart (L) | Getty Images (R)When Walmart and Target report holiday...
