How the families behind Chick-fil-A, Panda Express manage their wealth
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. Andrew and Peggy Cherng made their billions from food court stalwart Panda Express, which they founded in 1983. The Cherngs have […]
Drew Brees hints at return to broadcasting
Former New Orleans Saints quarterback Drew Brees said he’d like to join an NFL broadcast team as a game analyst, and hinted he’s already in talks with media companies for a role. Brees signed a multiyear contract with NBC Sports in 2020, but only spent a year as an NFL studio analyst before leaving the […]
China’s economic miracle is over. The future looks bleak.
Weak consumption, an aging population and an exodus of personal wealth from the country put China on a perilous path.
NCAA bars transgender women from competing in women’s sports
General signage before practice for the first round of the 2024 NCAA Tournament at PPG Paints Arena. Charles LeClaire-USA TODAY Sports The National Collegiate Athletic Association on Thursday updated its transgender student-athlete policy to prohibit trans women from competing in women’s sports, one day after President Donald Trump signed an executive order stating the federal […]
Here’s the $280 billion reason that AI-chip stocks will be just fine
Investors still worrying about chip stocks in light of fears of lower spending on AI can breathe a sigh of relief now that Amazon has joined in with three other Big Tech companies committed to massive capital spending.
Denver Broncos President Damani Leech praises NFL diversity commitment
Denver Broncos President Damani Leech praised the National Football League’s commitment to diversity amid corporate and government efforts to reduce diversity, equity and inclusion hiring practices. Leech is one of four African American presidents of NFL teams. “I think we’ve all been hired in the last three to four years,” Leech told CNBC Sport from […]
Amazon’s outlook underwhelms as tech giant forecasts ‘lumpy’ cloud growth in years ahead
Amazon shares slid after the online-retail and cloud-services giant offered a first-quarter outlook that came up short of Wall Street’s expectations while forecasting bumpy trends in its cloud business.
E.l.f. Beauty (ELF) earnings Q3 2025
E.l.f. Beauty on Thursday cut its full-year guidance after seeing a 36% drop in profits and “softer than expected” sales trends in January, marking a rare downturn for one of beauty’s hottest brands. The cosmetics company reported holiday sales that were higher than expected but profits that narrowly missed estimates, another rare miss for the […]
Peloton (PTON) Q2 2025 earnings
Peloton told investors Thursday it still has a “steep hill to climb” to achieve profitable growth under its new CEO and won’t be ready to focus on boosting sales until it fixes its balance sheet. The bike maker posted mixed fiscal second-quarter results, as it topped Wall Street’s sales estimates but lost more than expected […]
10-, 30-year yields end higher for first time in four sessions amid mild selloff
A modest selloff in U.S. government debt sent 10- and 30-year yields up for the first time in four sessions on Thursday, after weekly jobless claims came in slightly higher than expected.
