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McDonald’s to test CosMc’s-inspired drinks at more than 500 restaurants

McDonald’s to test CosMc’s-inspired drinks at more than 500 restaurants

Something Bold (and Delicious) is Brewing at McDonald’s: A First Sip into the Future of Beverages Courtesy: McDonald’s McDonald’s said Thursday it is planning to test new coffee drinks, refreshers and flavored sodas at more than 500 restaurants later this summer, hoping to cash in on younger consumers’ love for fun, colorful drinks. “We’re seeing […]

McDonald’s to test CosMc’s-inspired drinks at more than 500 restaurants Read More »

Comcast spinoff Versant announces board of directors. Here’s the slate

Comcast spinoff Versant announces board of directors. Here’s the slate

Versant signage on the floor at the New York Stock Exchange (NYSE) in New York, US, on Monday, July 21, 2025. Michael Nagle | Bloomberg | Getty Images Comcast on Thursday announced the expected board members of its cable networks spinout, Versant. They come from backgrounds in media, technology, finance and other industries, according to

Comcast spinoff Versant announces board of directors. Here’s the slate Read More »

Southwest profit drops, but airline says travel demand has stabilized

Southwest profit drops, but airline says travel demand has stabilized

Southwest Airlines on Wednesday posted second-quarter earnings and revenue that fell short of Wall Street’s estimates but said travel demand has stabilized, echoing other airlines in recent weeks. Shares fell roughly 9% on Thursday morning. The airline also announced a new $2 billion share buyback. Here’s how Southwest performed in the second quarter compared with Wall

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UnitedHealth says it is cooperating with DOJ investigation into Medicare billing practices

UnitedHealth says it is cooperating with DOJ investigation into Medicare billing practices

The UnitedHealth logo on a laptop arranged in New York, US, on Friday, July 7, 2023. Gabby Jones | Bloomberg | Getty Images UnitedHealth Group revealed Thursday it is facing a Justice Department investigation over its Medicare billing practices, adding to a string of setbacks for a company that owns the nation’s largest and most

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American Airlines scales back 2025 profit outlook as third-quarter forecast falls short

American Airlines scales back 2025 profit outlook as third-quarter forecast falls short

American Airlines shares slumped Thursday after the carrier’s third-quarter profit forecast fell short of Wall Street’s expectations and it reinstated its 2025 financial forecast well below its outlook at the start of the year. CEO Robert Isom told CNBC’s “Squawk Box” that the results are driven by consumer weakness, flat corporate travel demand that continued

American Airlines scales back 2025 profit outlook as third-quarter forecast falls short Read More »

Family office deal-making has fallen this year as investors wait for clarity

Family office deal-making has fallen this year as investors wait for clarity

Key Points Private investment firms of the ultra wealthy made 375 direct investments in the first half of 2025, a 32% annual drop, according to Fintrix. Family offices are still showing interest in hard assets needed by AI, such as data centers, and are also looking abroad. Family office experts told CNBC that firms have

Family office deal-making has fallen this year as investors wait for clarity Read More »

Why cutting capital gains tax on home sales wouldn’t solve the country’s housing issues

Why cutting capital gains tax on home sales wouldn’t solve the country’s housing issues

A Sold sign in front of a home under construction at the Waterways subdivision in Gulf Shores, Alabama, US, on Friday, Dec. 6, 2024. Micah Green | Bloomberg | Getty Images Real estate experts are weighing in on a potential end to capital gains tax on home sales — as floated by President Donald Trump

Why cutting capital gains tax on home sales wouldn’t solve the country’s housing issues Read More »

Hasbro beats second-quarter expectations as gaming division offsets tariff-fueled toy slump

Hasbro beats second-quarter expectations as gaming division offsets tariff-fueled toy slump

A Magic: The Gathering card is displayed on a mobile phone during a weekly tournament at the Uncommons hobby shop in New York, U.S., on Thursday, June 27, 2019. Mark Abramson | Bloomberg | Getty Images Toy and gaming giant Hasbro topped Wall Street expectations for the second quarter as strength in its digital gaming

Hasbro beats second-quarter expectations as gaming division offsets tariff-fueled toy slump Read More »

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