Category: Market

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Activist Jana Partners calls for a strategic review at Wolfspeed. Here’s how it may develop

Activist Jana Partners calls for a strategic review at Wolfspeed. Here’s how it may develop

The New York Stock Exchange welcomes executives and guests from Wolfspeed (NYSE: WOLF), on Oct. 4th, 2021, in celebration of its listing.NYSECompany: [...]
American Airlines cuts some international flights citing Boeing delays

American Airlines cuts some international flights citing Boeing delays

Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023. JanValls | Nurphoto | [...]
CVS Omnicare pharmacy in Vegas is first to join new pharmacy union

CVS Omnicare pharmacy in Vegas is first to join new pharmacy union

The CVS pharmacy logo is displayed on a sign above a CVS Health Corp. store in Las Vegas, Nevada on February 7, 2024.Patrick T. Fallon | AFP | Getty I [...]
Wealth gap between millennials spurs a new class war

Wealth gap between millennials spurs a new class war

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 consu [...]
Starbucks, Workers United union make progress in negotiations

Starbucks, Workers United union make progress in negotiations

A Starbucks worker boards the Starbucks union bus after Starbucks workers stood on the picket line with striking SAG-AFTRA and Writers Guild of Americ [...]
FDA approves Pfizer gene therapy Beqvez for treatment of hemophilia B

FDA approves Pfizer gene therapy Beqvez for treatment of hemophilia B

Pavlo Gonchar | Lightrocket | Getty ImagesThe Food and Drug Administration on Friday approved Pfizer's treatment for a rare genetic bleeding disorder, [...]
Red Lobster seeks a buyer as it looks to avoid bankruptcy filing

Red Lobster seeks a buyer as it looks to avoid bankruptcy filing

Beleaguered seafood chain Red Lobster is seeking a buyer as it looks to avoid filing for bankruptcy, CNBC has learned. The company has considered fili [...]
American Airlines (AAL) earnings Q1 2024

American Airlines (AAL) earnings Q1 2024

American Airlines swung to a loss in the first quarter, but its forecast for the current period surpassed analysts' estimates.American expects to earn [...]
Merck (MRK) earnings Q1 2024

Merck (MRK) earnings Q1 2024

The exterior view of the entrance to Merck headquarters in Rahway, New Jersey, on Feb. 5, 2024.Spencer Platt | Getty ImagesMerck on Thursday reported [...]
Paramount, Skydance inch closer to a merger agreement

Paramount, Skydance inch closer to a merger agreement

President of National Amusements Shari Redstone arrives at the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, on July 5, 2022. [...]
U.S. pro pickleball group signs first international deal in India

U.S. pro pickleball group signs first international deal in India

A pickleball paddle and balls at the pickleball courts in Tropical Park on March 23, 2023, in Miami. (Jose A. Iglesias/El Nuevo Herald/Tribune News Se [...]
Comcast (CMCSA) earnings Q1 2024

Comcast (CMCSA) earnings Q1 2024

Comcast beat first-quarter earnings expectations on Thursday as broadband drove revenue even as the company and its peers have seen customer growth sl [...]
Honda to build $11 billion electric vehicle hub in Canada

Honda to build $11 billion electric vehicle hub in Canada

A brand-new Honda Pilot is displayed on the sales lot at Honda Marin in San Rafael, California, on Feb. 6, 2024.Justin Sullivan | Getty ImagesDEROIT — [...]
Southwest weighs seating changes to drive up revenue

Southwest weighs seating changes to drive up revenue

A Southwest Airlines Boeing 737-700 aircraft lands at Ronald Reagan Washington National Airport in Arlington, Virginia, May 7, 2023.Nicolas Economou | [...]
Bristol Myers Squibb (BMY) earnings Q1 2024

Bristol Myers Squibb (BMY) earnings Q1 2024

The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, US, on Wednesday, Dec. 27, 2023. Adam Glan [...]
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