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Nike tops earnings estimates as rising North America sales help to offset China weakness

Nike tops earnings estimates as rising North America sales help to offset China weakness

A shopper carries Nike bags in San Francisco, California, US, on Wednesday, Dec. 17, 2025. David Paul Morris | Bloomberg | Getty Images Nike on Thursday posted quarterly earnings and revenue that topped Wall Street’s estimates, as strength in North America helped to offset a plunge in China sales. Here’s what Nike reported for its […]

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Trump signs executive order reclassifying cannabis, opening door to broader weed access

Trump signs executive order reclassifying cannabis, opening door to broader weed access

U.S. President Donald Trump sits in the Oval Office to sign executive orders, at the White House in Washington, D.C., U.S., Dec. 18, 2025. Evelyn Hockstein | Reuters President Donald Trump signed an executive order Thursday directing federal agencies to reclassify marijuana, loosening long-standing restrictions on the drug and marking the most consequential shift in

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American Airlines no longer lets basic economy flyers earn miles

American Airlines no longer lets basic economy flyers earn miles

American Airlines Grant Baldwin | Getty Images American Airlines customers flying on basic economy fares will no longer Earn frequent flyer miles or points toward elite status, the carrier said this week. “We routinely evaluate our fare products to remain competitive in the marketplace. Customers who purchase a Basic Economy ticket on December 17, 2025 and

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American Airlines starts flying the longest-range narrow-body Airbus plane. Here’s what’s inside

American Airlines starts flying the longest-range narrow-body Airbus plane. Here’s what’s inside

The economy cabin of American Airlines A321XLR. Leslie Josephs/CNBC American Airlines is about to fly passengers to California for the first time on a skinny, long-range plane that it hopes will change air travel. The airline’s head of network planning now has to decide where else it should fly. The first Airbus A321XLR for a

American Airlines starts flying the longest-range narrow-body Airbus plane. Here’s what’s inside Read More »

Eli Lilly says obesity pill helps maintain weight loss after patients switch from Wegovy, Zepbound 

Eli Lilly says obesity pill helps maintain weight loss after patients switch from Wegovy, Zepbound 

The Eli Lilly & Co. logo at the company’s Digital Health Innovation Hub facility in Singapore, on Thursday, Nov. 14, 2024. Ore Huiying | Bloomberg | Getty Images Eli Lilly on Thursday said its closely watched obesity pill helped patients maintain the majority of their weight loss after they switched directly from taking the company’s

Eli Lilly says obesity pill helps maintain weight loss after patients switch from Wegovy, Zepbound  Read More »

Activist investor Elliott builds over  billion stake in Lululemon, puts forth CEO candidate

Activist investor Elliott builds over $1 billion stake in Lululemon, puts forth CEO candidate

The corporate logo for Lululemon is displayed at their store at the Westfield UTC shopping center on Nov. 3, 2025 in San Diego, California. Kevin Carter | Getty Images Activist investor Elliott Investment Management has built a stake of more than $1 billion in Lululemon Athletica and is bringing a potential CEO candidate to the

Activist investor Elliott builds over $1 billion stake in Lululemon, puts forth CEO candidate Read More »

Chipotle chases the protein craze with new menu items — including meat in a cup

Chipotle chases the protein craze with new menu items — including meat in a cup

Chipotle will debut a High Protein Menu on Tuesday, December 23, with items ranging from 15 to 81 grams of protein per item. Source: Chipotle Mexican Grill Chipotle Mexican Grill is entering the snack business. The fast-casual giant announced Thursday it will roll out its first-ever “High Protein Menu” later this month, featuring grab-and-go protein

Chipotle chases the protein craze with new menu items — including meat in a cup Read More »

Olive Garden owner Darden Restaurants hikes revenue outlook for second straight quarter

Olive Garden owner Darden Restaurants hikes revenue outlook for second straight quarter

An Olive Garden restaurant in Milpitas, California, US, on Tuesday, Dec. 16, 2025. David Paul Morris | Bloomberg | Getty Images Darden Restaurants on Thursday reported strong sales growth, fueled by demand at Olive Garden and LongHorn Steakhouse. For the second straight quarter, the company hiked its full-year outlook for revenue growth, although it only

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Trump defends economy, CPI report returns, monster Medline IPO, and more in Morning Squawk

Trump defends economy, CPI report returns, monster Medline IPO, and more in Morning Squawk

U.S. President Donald Trump delivers an address to the nation from the Diplomatic Reception Room of the White House in Washington, D.C., U.S., December 17, 2025. Doug Mills | Via Reuters This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start

Trump defends economy, CPI report returns, monster Medline IPO, and more in Morning Squawk Read More »

Giorgos Tsetis built Nutrafol into a .5 billion brand. Now he’s investing in AI and backing social causes

Giorgos Tsetis built Nutrafol into a $3.5 billion brand. Now he’s investing in AI and backing social causes

Giorgos Tsetis, cofounder and former CEO of Nutrafol. Courtesy of Great Things 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. After struggling with hair loss in his 20s, Giorgos Tsetis co-founded

Giorgos Tsetis built Nutrafol into a $3.5 billion brand. Now he’s investing in AI and backing social causes Read More »

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