JWN raises sales outlook after better holiday season
Shoppers walk into a Nordstrom department store in Austin, Texas, on March 3, 2023. Brandon Bell | Getty Images Nordstrom on Friday raised its full-year sales outlook, after holiday shopping at its stores and on its website came in stronger than the department store’s cautious expectations. The company stuck by its profit guidance despite the […]
Dow sees worst start to a year since 2016 as Fed rate-cut hopes fade for 2025
U.S. stocks are down so far in 2025 as market volatility climbs.
McDonald’s to close three CosMc’s locations — and open two more
A sign hangs outside of a CosMc’s restaurant, a concept recently launched by McDonald’s, in Bolingbrook, Illinois, on Dec. 11, 2023. Scott Olson | Getty Images McDonald’s will shutter three locations of its drinks-focused spinoff brand, CosMc’s. To test the concept, the fast-food giant opened its first CosMc’s location more than a year ago in […]
Airlines cancel more than 3,000 U.S. flights amid storm, Delta slide evacuation
Snow blankets the Hartsfield-Jackson Atlanta International Airport as a winter storm moves into the area on Jan. 10, 2025. Joe Raedle | Getty Images Airlines canceled more than 3,000 flights on Friday as a massive winter storm snarled travel across the Southern U.S., while more than 4,000 others were delayed. Operations were further disrupted after […]
Mortgage rates were expected to fall, but they’re surging. There’s a reason for that.
Rates were supposed to go down — but a strong U.S. economy is getting in the way.
High-cost weight loss drugs boost nutrition counseling with employers
Packages of weight loss drugs Wegovy, Ozempic and Mounjaro. Picture Alliance | Getty Images A few years ago, when Virta Health founder and CEO Sami Inkinen approached employers about leveraging the company’s nutrition-oriented digital diabetes program for obesity-related weight loss, most companies weren’t ready to commit. Now, more employers are all in on nutritional counseling […]
Shares in TikTok’s rivals gain as Supreme Court weighs U.S. ban for social-media app
The shares of publicly traded companies that compete with TikTok were gaining Friday as the video-sharing platform’s attorney faced tough questions from Supreme Court justices during oral arguments over a law that could ban the service in the U.S. on national-security grounds.
Delta Air Lines (DAL) 4Q 2024 earnings
Ed Bastian, CEO of Delta Airlines, speaking on CNBC’s Power Lunch on Dec. 17th, 2024. Adam Jeffery | CNBC Delta Air Lines‘ first-quarter outlook on Friday topped analyst expectations as the carrier forecast strong travel demand to start the year, which CEO Ed Bastian said will likely be the carrier’s best ever. Delta said it […]
Jensen Huang crushed the quantum stocks, and now the so-called ‘Pharma Bro’ is going for the kill
Martin Shkreli says he’s short the likes of Rigetti Computing as market resembles the dotcom bubble
Sierra Space CEO Tom Vice leaves the company
Tom Vice, CEO of Sierra Space, talks to employees in front of the company’s Dream Chaser space plane on Oct. 30, 2023 in Louisville, Colorado. Helen H. Richardson | Denver Post | Getty Images Sierra Space CEO Tom Vice has left the company, CNBC confirmed Monday. In a statement, Sierra Space said Vice retired Dec. 31. Chairman […]
