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Shares of American Eagle surge after Trump calls Sydney Sweeney campaign ‘hottest ad out there’

Shares of American Eagle surge after Trump calls Sydney Sweeney campaign ‘hottest ad out there’

A window display of actress Sydney Sweeney is seen on a window of an American Eagle store on August 01, 2025 in New York City. Michael M. Santiago | Getty Images Shares of American Eagle surged more than 15% on Monday after President Donald Trump complimented the retailer’s marketing campaign with actress Sydney Sweeney. “Sydney […]

Shares of American Eagle surge after Trump calls Sydney Sweeney campaign ‘hottest ad out there’ Read More »

JFK airport’s .5 billion international terminal is taking shape. See what’s inside

JFK airport’s $9.5 billion international terminal is taking shape. See what’s inside

The future ticket counter at JFK’s new Terminal 1. Leslie Josephs/CNBC It’s far from finished but the new, $9.5 billion Terminal 1 at John F. Kennedy International Airport in New York City is taking shape. Its first phase is slated to open in mid-2026. It will replace the current terminal, which opened in 1998. The

JFK airport’s $9.5 billion international terminal is taking shape. See what’s inside Read More »

Startup Trunk Tools is using AI to reduce construction errors and waste

Startup Trunk Tools is using AI to reduce construction errors and waste

A worker inside a residential building under construction in the Las Palmas neighborhood of Medellin, Colombia, on Wednesday, July 16, 2025. Esteban Vanegas | Bloomberg | Getty Images 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

Startup Trunk Tools is using AI to reduce construction errors and waste Read More »

Trump says he asked 17 drugmakers to take steps to cut U.S. prices within 60 days

Trump says he asked 17 drugmakers to take steps to cut U.S. prices within 60 days

U.S. President Donald Trump, U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy, Jr., Dr. Mehmet Oz, Administrator for the Centers for Medicare & Medicaid Services, David Sacks, AI & Crypto Czar and Amy Gleason, Acting Administrator, Department of Government Efficiency (DOGE) attend the “Making Health Technology Great Again” event in the East Room

Trump says he asked 17 drugmakers to take steps to cut U.S. prices within 60 days Read More »

CVS shares pop on earnings beat and outlook, as retail pharmacy and insurance units improve

CVS shares pop on earnings beat and outlook, as retail pharmacy and insurance units improve

CVS Health on Thursday reported second-quarter earnings and revenue that topped estimates and raised its adjusted profit outlook, as it sees strength in its retail pharmacy business and some improvement in its insurance unit.  Shares of the retail drugstore chain jumped more than 6% in morning trading Thursday. The company now expects fiscal 2025 adjusted

CVS shares pop on earnings beat and outlook, as retail pharmacy and insurance units improve Read More »

Comcast earnings top analyst estimates despite broadband customer losses

Comcast earnings top analyst estimates despite broadband customer losses

Comcast beat Wall Street estimates on Thursday for second-quarter earnings and revenue. Yet the company saw a loss of broadband customers even as it pivoted its market strategy for the segment. Comcast and its cable peers have been suffering from a slowdown in broadband growth, which has impacted company stocks. Comcast stock was up about

Comcast earnings top analyst estimates despite broadband customer losses Read More »

Moderna to slash 10% of workforce as biotech cuts costs, Covid shot sales slow

Moderna to slash 10% of workforce as biotech cuts costs, Covid shot sales slow

The Moderna Inc. headquarters in Cambridge, Massachusetts, on March 26, 2024. Adam Glanzman | Bloomberg | Getty Images Moderna on Thursday said it plans to slash roughly 10% of its global workforce by the end of the year, as Covid shot sales continue to dwindle and the company grapples with uncertainty in the vaccine market. 

Moderna to slash 10% of workforce as biotech cuts costs, Covid shot sales slow Read More »

Eli Lilly’s Mounjaro shows heart health benefits in head-to-head trial with older diabetes drug Trulicity

Eli Lilly’s Mounjaro shows heart health benefits in head-to-head trial with older diabetes drug Trulicity

Eli Lilly on Thursday said its blockbuster diabetes drug Mounjaro showed heart health benefits in a late-stage trial directly comparing it to the company’s older diabetes treatment, Trulicity. Mounjaro met the study’s main goal of showing that it wasn’t any worse than Trulicity at treating people with Type 2 diabetes and established cardiovascular disease. But shares

Eli Lilly’s Mounjaro shows heart health benefits in head-to-head trial with older diabetes drug Trulicity Read More »

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