Business Archives | Page 68 Of 186

Here’s what U.S. automakers are saying about Trump’s changing EV policies

Tesla electric vehicles at a charging station in Alhambra, California on March 11, 2025. Frederic J. Brown | AFP | Getty Images On President Donald Trump’s first day in office, he signed an executive order aiming to eliminate the “electric vehicle mandate” and remove subsidies that favor EVs. Since then, his administration has taken steps […]

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AI is creating new billionaires at a record pace

Business News

Mira Murati, Chief Technology Officer of OpenAI (L) and Dario Amodei, Getty Images | CNBC 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. Artificial intelligence startups have minted dozens of new

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From Starbucks to Smoothie King, restaurants seek to cash in on consumers’ protein frenzy

Business News

Starbucks Protein Drink Courtesy: Starbucks Restaurant chains are joining in on the protein frenzy, hoping to encourage diners to pay more for extra macronutrients during a time when many consumers aren’t spending as much. From “gym bros” to users of GLP-1 drugs like Ozempic, many Americans are trying to add more protein to their diets,

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Trade Desk tanks almost 40% on CFO departure, tariff concerns and competition from Amazon

Technology News

Jeff Green, CEO of The Trade Desk. Scott Mlyn | CNBC Shares of The Trade Desk plummeted almost 40% on Friday and headed for their worst day on record after the ad-tech company announced the departure of its CFO and analysts expressed concerns about rising competition from Amazon. The Trade Desk, which went public in

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Crocs CEO says consumer environment is ‘concerning,’ will reduce orders in the second half

Business News

Inside a Crocs store at Queens Center in New York. Ryan Baker | CNBC Casual footwear company Crocs plans to reduce orders for the second half of the year amid what its CEO called a “concerning” environment for the consumer. “We see the U.S. consumer behaving cautiously around discretionary spending. They are faced with current

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Dodge unveils additions to 2026 muscle car lineup: ‘It’s about choice’

Business News

2026 Dodge Durango SRT Hellcat Jailbreak in Green Machine (front). A Jailbreak Custom Color program will allow select Dodge customers to paint their Durango SRT Hellcat Jailbreak in nearly any color imaginable, including Stryker Purple (shown at rear). Courtesy: Dodge Stellantis subsidiary Dodge announced two new muscle cars on Friday, flexing its 2026 model year

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Sweetgreen shares drop 25% after salad chain cuts outlook for the second time in two quarters

Business News

People walk past a Sweetgreen restaurant in Manhattan. Jeenah Moon | The Washington Post | Getty Images Sweetgreen shares dropped more than 25% on Friday after the salad chain cut its 2025 outlook for the second quarter in a row, citing issues with its loyalty program, weak consumer sentiment, tariff headwinds and store challenges. For

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Family office deal-making slides with some bright spots in Europe

Business News

Key Points Private investment firms of the ultra-rich made 60% fewer direct investments in July compared to the same period last year, according to Fintrx. Rattled by tariff uncertainty, some family offices have been investing more overseas, especially in European startups. Infinitas Capital’s Robin Lauber told CNBC why the Swiss family office is optimistic despite

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How Tim Cook convinced Trump to drop made-in-USA iPhone — for now

Technology News

WASHINGTON, DC August 6: US President Donald Trump shakes hands with CEO of Apple Tim Cook during a meeting in the Oval Office of the White House on Wednesday August 6, 2025. Demetrius Freeman | The Washington Post | Getty Images President Donald Trump has made clear that he wants Apple to make iPhones in

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AppLovin CEO sees benefits from Apple-Epic fallout as stock pops on earnings

Finance News

Adam Foroughi, CEO of AppLovin. CNBC AppLovin shares resumed their historic rally on Thursday after the ad-tech company reported better-than-expected earnings for the second quarter. The stock popped 11% and is now up 34% for the year after soaring more than eightfold in 2024. Wall Street has piled into the company due to its growth

AppLovin CEO sees benefits from Apple-Epic fallout as stock pops on earnings Read More »

Here’s what U.S. automakers are saying about Trump’s changing EV policies

AI is creating new billionaires at a record pace

From Starbucks to Smoothie King, restaurants seek to cash in on consumers’ protein frenzy

Crocs CEO says consumer environment is ‘concerning,’ will reduce orders in the second half

Dodge unveils additions to 2026 muscle car lineup: ‘It’s about choice’

Sweetgreen shares drop 25% after salad chain cuts outlook for the second time in two quarters

Family office deal-making slides with some bright spots in Europe

How Tim Cook convinced Trump to drop made-in-USA iPhone — for now

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