Business

Stellantis North America Chief Operating Officer and Jeep CEO Antonio Filosa speaks during the Stellantis press conference at the Automobility LA 2024 car show at Los Angeles Convention Center in Los Angeles, California, on Nov. 21, 2024. Etienne Laurent | AFP | Getty Images DETROIT — Stellantis’ top priority for the U.S. this year is

People make their way near a Walgreens pharmacy on March 09, 2023 in New York City.  Leonardo Munoz | Corbis News | Getty Images Walgreens on Friday reported fiscal first-quarter earnings and revenue that topped expectations, as it shutters stores and cuts other costs to steer itself out of a rough spot. Here’s what Walgreens

A bitcoin ATM in Miami.  Joe Raedle | Getty Images News | Getty Images Bitcoin prices soared in 2024. But you may want to tread with caution before euphoria leads you on a hasty buying spree. Bitcoin and other crypto should generally account for just a sliver of investor portfolios — generally no more than

In this aerial view taken from a helicopter, burned homes are seen during the Palisades fire in the Malibu area of Los Angeles county, California, on Jan. 9, 2025. Josh Edelson | Afp | Getty Images Airlines have extended travel waivers for Los Angeles airports as wildfires continue to burn in the area. American Airlines,

An exchange-traded fund provider is helping investors make more bets on Wall Street’s most profitable momentum trades. GraniteShares, which debuted its first installment of single-stock ETFs in 2022, now manages 20 of them. It includes the GraniteShares YieldBoost TSLA ETF (TSYY), which launched last month. The fund gives investors exposure to Tesla. “This is about

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

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

In this aerial view taken from a helicopter, burned homes are seen from above during the Palisades fire near the Pacific Palisades neighborhood of Los Angeles, California on January 9, 2025.  Josh Edelson | Afp | Getty Images Insurers exposed to the California homeowners’ market sold off sharply Friday as the devastation caused by the

The atmosphere at the Disney Bundle Celebrating National Streaming Day at The Row in Los Angeles on May 19, 2022. Presley Ann | Getty Images Entertainment | Getty Images Disney said Wednesday it has an estimated 157 million global monthly active users watching ad-supported content across its streaming platforms — Disney+, Hulu and ESPN+. That

Tourists take photos in Shinsekai with Tsutenkaku tower in sight in Osaka, Japan, on December 12, 2024.  Kichul Shin | Nurphoto | Getty Images Planning an international trip this year? You could be in luck, if you’re willing to fly far. Long-haul trips are cheaper than last year, according to data released this week from

Michelle Bowman, governor of the U.S. Federal Reserve, speaks during the Exchequer Club meeting in Washington, D.C., on Feb. 21, 2024. Kent Nishimura | Bloomberg | Getty Images Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further. In a speech to

Scout Terra pickup truck and Scout Traveler SUV concepts Scout LAS VEGAS — Scout Motors has received more than 50,000 refundable reservation deposits for its first electric pickups and SUVs, according to Volkswagen CEO Oliver Blume. Volkswagen revived Scout, which was an American brand from 1961 to 1980, and revealed production-intent vehicles of its Terra pickup truck

An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023. Brendan McDermid | Reuters Medicare drug plans can now cover Eli Lilly‘s blockbuster obesity drug Zepbound for obstructive sleep apnea, CNBC confirmed on Wednesday.  That opens the door for broader access to Zepbound, which is

The Federal Reserve’s top banking regulator will be stepping down next month, paving the way for President-elect Donald Trump to name a replacement and heading off a potential confrontation between the two. Michael Barr’s resignation from the position, which is formally called the vice chair for supervision, takes effect as of Feb. 28, though he

Honda 0 Saloon & Honda 0 SUV prototypes Honda LAS VEGAS — Honda Motor on Tuesday at the CES tech conference revealed the company’s newest electric vehicles that are set to be produced at a multibillion-dollar manufacturing complex in central Ohio. The vehicles are the Honda 0 Saloon, which is an updated version of a

Pictured here is the Grand Indonesia shopping mall in Jakarta on Friday, Jan. 5, 2024. Bloomberg | Bloomberg | Getty Images BEIJING — Huawei spinoff Honor announced Tuesday it plans to launch smartphone sales in Indonesia by the end of March, becoming the latest Chinese company to enter a market that has banned Apple’s iPhone

Frontier Airlines Nurphoto | Nurphoto | Getty Images Discount carrier Frontier Airlines is beefing up service in New York, planning new nonstop routes to major American Airlines hubs with fares starting under $20. The airline plans to launch service between New York’s John F. Kennedy International Airport and Miami International Airport on March 30. A

Federal Reserve Governors Michelle Bowman and Christopher Waller pose for a photo, during a break at a conference on monetary policy at Stanford University’s Hoover Institution, in Palo Alto, California, U.S. May 6, 2022. Picture taken May 6, 2022. Ann Saphir | Reuters The early departure of the Federal Reserve’s top financial regulator allows for

After Akio Toyoda, CEO and President of Toyota, announced he was stepping down on Thursday, he shared his advice to his successor and his business philosophy. Photo by Yoshikazu Tsuno | Gamma-rapho | Getty Images LAS VEGAS — Toyota Motor is exploring the development and production of orbital rockets, Chairman Akio Toyoda said Monday. The

DLocal is one of Latin America’s most prominent payment players. It specializes in cross-border payments for emerging markets such as Brazil, Mexico, Colombia and its home country, Uruguay. Sopa Images | Lightrocket | Getty Images LONDON — Uruguayan payments firm dLocal has secured a U.K. payment institution license, adding to the company’s growing portfolio of