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Prebiotic soda brand Olipop valued at .85 billion in latest funding round

Prebiotic soda brand Olipop valued at $1.85 billion in latest funding round

Super Bowl ad of Poppi. Source: Poppi Prebiotic soda brand Olipop said Wednesday that it was valued at $1.85 billion in its latest funding round, which raised $50 million for the company. Founded in 2018, Olipop has helped fuel the growth of the prebiotic soda category, along with rival Poppi, which highlighted its drinks with […]

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Comcast and NBCUniversal receive FCC inquiry on DEI initiatives

Comcast and NBCUniversal receive FCC inquiry on DEI initiatives

U.S. President-elect Donald Trump speaks to Brendan Carr, his intended pick for Chairman of the Federal Communications Commission, as he attends a viewing of the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas.  Brandon Bell | Getty Images The Federal Communications Commission has alerted Comcast

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Biogen beats estimates on cost cuts and new drugs like Leqembi, but profit outlook falls short 

Biogen beats estimates on cost cuts and new drugs like Leqembi, but profit outlook falls short 

A test tube is seen in front of displayed Biogen logo in this illustration taken on, December 1, 2021. Dado Ruvic | Reuters Biogen on Wednesday posted fourth-quarter revenue and profit that topped expectations as its cost cuts showed progress and new products, including its breakthrough Alzheimer’s treatment Leqembi, saw growth.  But the biotech company’s

Biogen beats estimates on cost cuts and new drugs like Leqembi, but profit outlook falls short  Read More »

Restaurant Brands reports 2.5% same-store sales growth, fueled by Burger King and Popeyes

Restaurant Brands reports 2.5% same-store sales growth, fueled by Burger King and Popeyes

The Burger King logo is displayed at a Burger King fast food restaurant on January 17, 2024 in Burbank, California. Mario Tama | Getty Images Restaurant Brands International on Wednesday reported same-store sales growth of 2.5%, fueled by the better-than-expected performance from Burger King’s and Popeyes’ restaurants. Shares of the company rose roughly 1% in

Restaurant Brands reports 2.5% same-store sales growth, fueled by Burger King and Popeyes Read More »

CVS results top estimates even as high medical costs drag down insurance unit

CVS results top estimates even as high medical costs drag down insurance unit

An exterior view of a CVS pharmacy in Danville, Pennsylvania.  Paul Weaver | Lightrocket | Getty Images CVS Health on Wednesday reported fourth-quarter revenue and profit that topped estimates, even as its troubled insurance business continued to see higher medical costs.  The company also issued a full-year 2025 adjusted earnings outlook of $5.75 to $6

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Globalstar CEO Paul Jacobs explains why satellite company moved from NYSE to Nasdaq

Globalstar CEO Paul Jacobs explains why satellite company moved from NYSE to Nasdaq

Satellite communications company Globalstar listed on the Nasdaq on Tuesday after delisting from the New York Stock Exchange. “We did a reverse split — we’re a multibillion-dollar company but our stock price was down in the dollar-ish range,” CEO Paul Jacobs told CNBC’s Becky Quick on “Squawk Box.” “And people thought of us as a

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Coca-Cola says it will sell more soda in plastic bottles if aluminum tariffs take effect

Coca-Cola says it will sell more soda in plastic bottles if aluminum tariffs take effect

Coca-Cola bottles are seen at a shop in Srinagar, Jammu and Kashmir, on Jan. 28, 2025. Firdous Nazir | Nurphoto | Getty Images Coca-Cola will shift more of its packaging from aluminum to plastic bottles if President Donald Trump implements his latest wave of tariffs, CEO James Quincey said Tuesday. “As it relates to our

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Ford CEO says Trump’s tariffs are causing ‘chaos’ in auto industry

Ford CEO says Trump’s tariffs are causing ‘chaos’ in auto industry

Ford CEO Jim Farley at the company’s Dearborn, Michigan, plant where it’s building the electric F-150 Lightning on April 26, 2022. CNBC | Michael Wayland DETROIT — President Donald Trump’s tariffs, both implemented and just threatened, are causing “chaos” for the U.S. automotive industry, according to Ford Motor CEO Jim Farley. The chief executive of

Ford CEO says Trump’s tariffs are causing ‘chaos’ in auto industry Read More »

Shopify takes down Ye website selling swastika shirts after Super Bowl ad

Shopify takes down Ye website selling swastika shirts after Super Bowl ad

Rapper Ye, formerly known as Kanye West, performs onstage during a “Vultures 1” concert in Inglewood, California on March 14, 2024. Scott Dudelson | Getty Images Entertainment | Getty Images Shopify has taken down a site advertised by rapper Ye, formerly known as Kanye West, that sold swastika t-shirts. The rapper ran an advertisement on

Shopify takes down Ye website selling swastika shirts after Super Bowl ad Read More »

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