The Hyundai display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC South Korean conglomerate Hyundai will announce a $20 billion investment in U.S. onshoring that includes a $5 billion steel plant in Louisiana, according to people familiar with the plans. The plant is set to hire roughly 1,500 […]
South Korea’s Hyundai to announce $20 billion U.S. investment Read More »
Chick-fil-A pineapple dragonfruit beverages. Courtesy: Chick-fil-A Fast-food chains are going all in on fun beverages to attract younger consumers. Chick-fil-A, known for its straightforward menu of fried chicken and waffle fries, is selling seasonal Pineapple Dragonfruit drinks. Yum Brands’ Taco Bell installed a beverage concept called Live Mas Café inside one of its California locations.
Why it suddenly feels like every fast-food restaurant has fun, flavored drinks Read More »
A piece of Paris has landed in New York City. French luxury retailer Printemps officially opened its first U.S. store this week in the city’s Financial District. The retailer celebrated its opening on Friday, which coincided with the start of spring — its namesake. The 55,000-square-foot store spans two floors and carries a wide range
Take a look inside French luxury retailer Printemps’ first U.S. store Read More »
London’s Heathrow Airport closed on Friday after a fire at a nearby electrical substation caused a power outage, disrupting travel for tens of thousands of passengers planning to fly in or out of Europe’s busiest airport. The airport was ready to resume flights as of Friday afternoon local time, the airport posted on X, and
This week was supposed to mark the end of compounding pharmacies making copycat versions of Eli Lilly‘s weight-loss drug Zepbound and its diabetes drug Mounjaro. Online, it doesn’t look like much has changed. Popular websites like Amble, EllieMD, Willow and Mochi Health are all still advertising versions of tirzepatide, the active ingredient in Zepbound. Some,
Zepbound copycats remain online despite FDA ban Read More »
Related Group CEO Jon Paul Pérez. Courtesy of Future Proof and Triangle BLVD Building contractors are already hiking prices as much as 20% to offset potential tariffs, a move that could also raise prices of new condos and homes, according to the CEO of developer Related Group. President Donald Trump has imposed 25% tariffs on
Tariff fears are raising construction costs by up to 20%, says Related Group CEO Read More »
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. Elizabeth Lilly started her own asset management firm in 2017, fulfilling a dream three decades in the making. Since
More women are leading investments for the likes of Lukas Walton and Len Blavatnik Read More »
Sales of previously owned homes in February rose 4.2% from January to 4.26 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. Industry analysts had expected a drop of 3%. Sales were 1.2% lower compared with February of last year. This count is based on closings, so contracts signed
February home resales jump much more than expected, despite higher mortgage rates Read More »
Ahmad Rashad and Willow Bay look on during an Inside Stuff Episode taping circa 1993 in Secaucus, New Jersey. Nathaniel S. Butler | National Basketball Association | Getty Images The NBA is quietly preparing to bring back its iconic show “NBA Inside Stuff.” On Monday, the league filed two trademark applications for “NBA Inside Stuff,”
NBA may bring back iconic highlight show ‘NBA Inside Stuff’ Read More »
Pedestrians walk past a Nike store featuring a modern design and mannequins displaying winter apparel on December 5, 2024, in Wuhan, Hubei Province, China. Cheng Xin | Getty Images Nike will report fiscal third-quarter earnings after the bell on Thursday and provide updates on its turnaround plan as it navigates new tariffs and soft consumer
Nike will report earnings after the bell. Here’s what Wall Street expects Read More »
