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Consumers feeling ‘discount burnout’ ahead of Black Friday, Cyber Monday, survey finds

Consumers feeling ‘discount burnout’ ahead of Black Friday, Cyber Monday, survey finds

Business News

Visitors are caught in the reflection of a store offering 50% off on all items on the Third Street Promenade in Santa Monica on July 16, 2024.  Genaro Molina | Los Angeles Times | Getty Images A steady stream of promotions across the fashion industry has left consumers suffering from “discount burnout” ahead of Black […]

Consumers feeling ‘discount burnout’ ahead of Black Friday, Cyber Monday, survey finds Read More »

WBD rejected three Paramount takeover offers, the last for just under per share, sources say

WBD rejected three Paramount takeover offers, the last for just under $24 per share, sources say

Business News

Warner Bros. Discovery has rejected three Paramount Skydance takeover offers as it fields broad buyout interest, CNBC’s David Faber reported Wednesday, citing sources. Paramount’s last offer was for just under $24 per share and comprised of 80% cash, according to Faber, who previously reported a bid could come in at between $22 and $24 per

WBD rejected three Paramount takeover offers, the last for just under $24 per share, sources say Read More »

Auto giant Volkswagen warns of output stoppages amid Nexperia chip disruption

Auto giant Volkswagen warns of output stoppages amid Nexperia chip disruption

Technology News

A new Volkswagen ID.3 electric car prepares to pass final inspection at the Volkswagen plant on May 14, 2025 in Dresden, Germany. Sean Gallup | Getty Images News | Getty Images German auto giant Volkswagen on Wednesday warned of temporary production outages citing China’s export restrictions on semiconductors made by Nexperia. The update comes shortly

Auto giant Volkswagen warns of output stoppages amid Nexperia chip disruption Read More »

Here’s how much prices are rising across the fashion industry

Here’s how much prices are rising across the fashion industry

Business News

People shop for clothing at a Costco store in Monterey Park, California on November 22, 2022. Frederic J. Brown | Afp | Getty Images Prices are rising across the fashion industry – with jackets and outerwear seeing the steepest year-over-year increases, according to a new report from consulting firm AlixPartners published Wednesday.  The firm analyzed

Here’s how much prices are rising across the fashion industry Read More »

Mattel misses Wall Street estimates as North American sales sink

Mattel misses Wall Street estimates as North American sales sink

Business News

The Mattel, Inc. logo is displayed outside the headquarters of the toy company known for products including Barbie and Hot Wheels in El Segundo, California on June 8, 2023. Patrick T. Fallon | AFP | Getty Images Barbie-maker Mattel posted third-quarter results after the market close on Tuesday that missed analysts’ expectations as ongoing global

Mattel misses Wall Street estimates as North American sales sink Read More »

Netflix shares drop after streamer misses earnings estimates, citing Brazilian tax dispute

Netflix shares drop after streamer misses earnings estimates, citing Brazilian tax dispute

Business News

The Netflix logo is displayed at Netflix studios on October 7, 2025 in Los Angeles, California. Mario Tama | Getty Images Shares of Netflix fell as much as 7% after the company posted a third-quarter earnings miss after the closing bell Tuesday. The streamer cited an ongoing dispute with Brazilian tax authorities for the weaker-than-estimated

Netflix shares drop after streamer misses earnings estimates, citing Brazilian tax dispute Read More »

Musk blasts Duffy after Artemis contract spat: He ‘is trying to kill NASA!’

Musk blasts Duffy after Artemis contract spat: He ‘is trying to kill NASA!’

Technology News

Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters SpaceX and Tesla CEO Elon Musk criticized acting NASA Administrator Sean Duffy after he told media outlets this week that the billionaire’s space company is falling

Musk blasts Duffy after Artemis contract spat: He ‘is trying to kill NASA!’ Read More »

Netflix strikes ‘KPop Demon Hunters’ toy deals with both Mattel and Hasbro

Netflix strikes ‘KPop Demon Hunters’ toy deals with both Mattel and Hasbro

Business News

Still from Netflix’s “KPop Demon Hunters.” Netflix Netflix is partnering with both Hasbro and Mattel to bring “KPop Demon Hunters” toys to shelves. The animated film, which debuted on the streaming service in June, has become Netflix’s most popular film of all time, with more than 325 million views worldwide. Its popularity has spurred Netflix

Netflix strikes ‘KPop Demon Hunters’ toy deals with both Mattel and Hasbro Read More »

Commercial real estate is finally embracing blockchain. Here’s what investors should know

Commercial real estate is finally embracing blockchain. Here’s what investors should know

Business News

A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. Roughly a decade

Commercial real estate is finally embracing blockchain. Here’s what investors should know Read More »

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