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Starbucks union authorizes open-ended strike as busy holiday season begins

Starbucks union authorizes open-ended strike as busy holiday season begins

Starbucks baristas gather outside a Starbucks store as they protest against the company during a rally to demand a new contract in New York City, on October 28, 2025. The Starbucks Workers United is fighting for a new contract that delivers improved staffing hours, take-home pay, and on-the-job protections for baristas. (Photo by TIMOTHY A.CLARY

Starbucks union authorizes open-ended strike as busy holiday season begins Read More »

WBD targets Christmas deadline for announcing a sale or split, leaving Paramount in limbo

WBD targets Christmas deadline for announcing a sale or split, leaving Paramount in limbo

Paramount Skydance CEO David Ellison speaks during the Bloomberg Screentime conference in Los Angeles on October 9, 2025. Patrick T. Fallon | Afp | Getty Images Paramount Skydance has a clear holiday wish this year: acquiring Warner Bros. Discovery. Fittingly, it may have to wait until Christmas to find out if Santa Zaslav delivers. Warner

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Air traffic controllers union president says it’ll take weeks to recover from shutdown impact

Air traffic controllers union president says it’ll take weeks to recover from shutdown impact

The head of the air traffic controllers’ union said Wednesday that it could take the industry “weeks to recover” from the impacts of the government shutdown. Nick Daniels, president of the National Air Traffic Controllers Association, said on CNBC’s “Squawk Box” that the holiday season will be especially affected by the shortage of air traffic

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McDonald’s sales rise, but CEO expects low-income diners to spend less into next year

McDonald’s sales rise, but CEO expects low-income diners to spend less into next year

McDonald’s on Wednesday fell short of Wall Street’s earnings expectations, but the company’s U.S. restaurants reported better-than-expected same-store sales growth. CEO Chris Kempczinski said in a statement that the results are “a testament to our ability to deliver sustainable growth even in a challenging environment.” For more than a year, McDonald’s, long considered a bellwether

McDonald’s sales rise, but CEO expects low-income diners to spend less into next year Read More »

Lyft, United Airlines launch loyalty program months after Delta partnership ends

Lyft, United Airlines launch loyalty program months after Delta partnership ends

Lyft customers can once again Earn miles toward their next flight. The ridesharing company on Wednesday said it’s partnering with United Airlines to offer MileagePlus points to riders who link their accounts, months after it ended an eight-year partnership with Delta Airlines. Once linked, riders can Earn one mile for every dollar spent on Standard

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There’s an outperforming real estate sector hiding in plain sight

There’s an outperforming real estate sector hiding in plain sight

Industrial outdoor storage in Elgin, Illinois. Courtesy of Alterra IOS 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

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UPS plane crashes after taking off from Louisville airport

UPS plane crashes after taking off from Louisville airport

Fire and smoke mark where a UPS cargo plane crashed near Louisville Muhammad Ali International Airport on Nov. 4, 2025 in Louisville, Kentucky. Stephen Cohen | Getty Images A UPS plane crashed shortly after takeoff on Tuesday around 5:15 p.m. local time after departing from Louisville Muhammad Ali International Airport in Kentucky, the Federal Aviation

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Cava cuts full-year forecast, in another warning sign for fast-casual restaurants

Cava cuts full-year forecast, in another warning sign for fast-casual restaurants

Pedestrians carry Cava bags along Wall Street near the New York Stock Exchange (NYSE) in New York, US, on Monday, Aug. 18, 2025. Michael Nagle | Bloomberg | Getty Images Cava on Tuesday cut its full-year forecast for the second straight quarter as younger consumers visit its restaurants less frequently. “When you look at different

Cava cuts full-year forecast, in another warning sign for fast-casual restaurants Read More »

Rivian beats Wall Street’s Q3 expectation, maintains guidance

Rivian beats Wall Street’s Q3 expectation, maintains guidance

Rivian electric SUV parked outside brick showroom on a sunny day, San Francisco, California, August 19, 2025. Smith Collection/gado | Archive Photos | Getty Images DETROIT – Rivian Automotive beat Wall Street’s expectations for the third quarter, as the company reported its second quarterly gross profit this year thanks to a joint venture with Volkswagen

Rivian beats Wall Street’s Q3 expectation, maintains guidance Read More »

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