Packages of Charmin Ultra Soft bath tissue are stacked at a Costco Wholesale store in San Diego, California, on March 11, 2025. Kevin Carter | Getty Images Procter & Gamble will cut 7,000 jobs, or roughly 15% of its nonmanufacturing workforce, as part of a two-year restructuring program. The layoffs by the consumer goods giant […]
Procter & Gamble to cut 7,000 jobs as part of broader restructuring Read More »
A worker at Ford’s Kentucky Truck Plant on April 30, 2025. Michael Wayland | CNBC DETROIT — The automotive industry is experiencing unprecedented disruption and uncertainty when it comes to regulations, electric vehicles, software innovations and competition from China. Such disruptions have been years in the making, but many of the issues are coming to
‘Car Wars’: Five auto insights investors should know from top BofA analyst Read More »
DETROIT — Stellantis is resurrecting its popular V-8 Hemi engine for its Ram 1500 full-size pickup trucks beginning this summer. The return of the 5.7-liter engine comes after the company discontinued the powertrain amid tightening fuel economy regulations and a company-wide push toward electric vehicles and more efficient engines last year under ex-Stellantis CEO Carlos
Ram resurrects Hemi engine for popular pickup trucks in ‘Symbol of Protest’ Read More »
Tesla CEO Elon Musk listens as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images Shares of Tesla slid about 5% Thursday as CEO Elon Musk continued his relentless pressure on Congress to “KILL” President Donald Trump’s
Tesla shares sink 5% as Musk continues to bash Trump’s spending bill Read More »
What is the true cost of tariffs? It’s debatable — not only because of political biases, but also because it’s far from straightforward to calculate just how much of the levies consumers end up paying. Even so, it’s possible to estimate how much the price of common items could increase under President Donald Trump’s various
Here’s how tariffs could affect the price of goods like shoes and sweaters Read More »
Nikesh Arora, CEO of Palo Alto Networks, appears on CNBC’s “Squawk Box” at the WEF Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Adam Galici | CNBC Nikesh Arora, the CEO of Palo Alto Networks, is joining Uber‘s board of directors, the company announced in a regulatory filing Wednesday. It comes amid a broader
Uber adds Palo Alto CEO Nikesh Arora to its board after executive shakeup Read More »
Stephen Curry isn’t retiring from the National Basketball Association yet, but he’s already thinking about new career paths — including broadcasting, team ownership and playing on the PGA Tour Champions. The Golden State Warriors star spoke to CNBC Sport as part of “Curry Inc.: The Business of Stephen Curry,” a television production centered on Curry’s
Steph Curry’s Gentleman’s Cut bourbon. Courtesy: Gentleman’s Cut Steph Curry is one of the greatest basketball players ever, and judging by his company’s financials, he’s off to a pretty good start in the business world. Curry is the CEO of Thirty Ink, a house-of-brands conglomerate that owns companies including Unanimous Media, Gentleman’s Cut bourbon and
Shares of Dollar General jumped more than 10% on Tuesday after the discounter raised its outlook, saying it drew more middle- and higher-income shoppers amid fears that higher tariffs would hurt consumer spending. The Tennessee-based retailer beat quarterly expectations for revenue and earnings. The company said it now anticipates net sales will grow about 3.7%
Dollar General is shaking off tariff fears and winning over higher-income consumers Read More »
McDonald’s Snack Wrap Courtesy: McDonald’s McDonald’s snack wraps will return to U.S. restaurants next month as the fast-food giant looks to boost sales after a sluggish start to the year. McDonald’s introduced snack wraps nearly two decades ago but discontinued the item in 2016 because it slowed its kitchens down too much. Some franchisees kept
McDonald’s is bringing back the snack wrap to U.S. restaurants next month Read More »
