FTC and 20 states sue Dollar General, alleging retailer overcharged shoppers
A Dollar General store in New York, US, on Tuesday, June 3, 2025. Adam Gray | Bloomberg | Getty ImagesThe...
Business
Defense tech investment boom sparks bubble warning as private equity pours in
Private equity firms are pouring billions into defense technology as rising military spending and geopolitical tensions fuel an investment boom.Traditional...
Marc Lore’s Wonder bets on Texas, automation and user-built restaurants as it mulls IPO
Less than a decade after its founding, food startup Wonder has seen its footprint and valuation soar. Still, the company...
Why popular airplanes are getting scrapped years early
GOODYEAR, Ariz. — An Airbus A320neo, one of the world's most popular planes, rolled off the Mobile, Alabama, factory line...
American Express is cutting 5% of its workforce to 'prepare for AI'
Stephen Squeri, chairman and chief executive officer of American Express Co., speaks during an Economic Club of New York event...
Fewer people are flying as airfare soars. Here's why airlines aren't worried
Travelers navigate security lines at Minneapolis-St. Paul International Airport Terminal 1 on March 23, 2026 in Minneapolis, Minnesota.Stephen Maturen |...
David's Bridal plans to spin off AI platform Pearl into publicly traded company
David's Bridal is planning to spin off its artificial intelligence platform, Pearl, into a stand-alone publicly traded company targeting a...
Pepsi renews contract with Taco Bell days after KFC switches to Coke in the U.S.
A staff member is seen at a Taco Bell restaurant in London.May James | Sopa Images | Lightrocket | Getty ImagesPepsiCo...
Elon Musk invests about $1 billion in Skydance
David Ellison, co-CEO of Skydance Corp., and SpaceX CEO Elon Musk.Michael Nagle | Bloomberg | Kent Nishimura | AFP |...
Cruise lines chase luxury travelers with suites for up to $25,000 a night
The latest push into high-end travel is taking place on the high seas, as cruise lines increasingly lean on luxury...
Procter & Gamble earnings beat as sales rise 4%, boosted by laundry and home products
Procter & Gamble on Thursday reported quarterly earnings and revenue that beat analysts' expectations, fueled by growing demand for its laundry detergent...
Trump's approval rating on economy hits all-time low as midterm looms: CNBC survey
With less than two weeks to go before the congressional elections, Americans are nearly as gloomy about the economy as...
Critical web security flaws spark global alarm as Google, OpenAI and Amazon respond
The tech world is racing to implement fixes after the discovery of critical security vulnerabilities in software used to power...
Comcast beats earnings expectations as media revenue offsets weakness in connectivity
Comcast beat Wall Street's expectations for third-quarter earnings — despite headwinds in its theme parks business — thanks to continued...
American Express brings Airbnb bookings and rewards to Amex Travel platform
American Express is bringing Airbnb into its travel rewards platform. The companies on Thursday announced a new partnership to bring...
American Airlines expects deeper 2026 loss on pricier fuel despite record revenue
American Airlines forecast deeper losses this year as record revenue failed to help the airline recover from this year's spike...
Southwest Airlines cuts 2026 profit forecast on higher fuel
Southwest Airlines became the third major U.S. airline this month to cut its 2026 profit forecast due to higher fuel...
GM aims to develop vehicles in as little as two years with AI, software push
NEW YORK — General Motors plans to lean into artificial intelligence and vehicle software for future growth and development amid...
Netflix has dipped its toe into theatrical. Is it ready to jump in?
The Netflix logo is seen at the Egyptian Theatre ahead of the premiere for Netflix's "Running Point," Season 2, in...
EBay to lay off 9% of workforce in its second round of job cuts this year
EBay will lay off about 9% of its workforce in a move to streamline its operations and focus on its...
