Trump to announce new drug pricing deals with drugmakers: Report
U.S. President Donald Trump makes an announcement about lowering the cost of drug prices, at the Roosevelt Room of the White House in Washington, D.C., U.S., Dec. 19, 2025. Evelyn Hockstein | Reuters Nearly a dozen drugmakers are slated to ink deals with President Donald Trump on Monday to voluntarily sell their medications for less, […]
Manhattan rental market is booming, with $100,000-a-month apartments
A luxury home in Tribeca that is being offered privately for rent at $175,000 a month. Credit: Laura Klein, Bespoke Real Estate 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. A […]
How Walmart, Home Depot, Target are using Trump tariff refunds
A Target store in Los Angeles, California, Aug. 19, 2026. Justin Sullivan | Getty Images Tariff refunds have muddied retailers’ earnings reports in recent weeks as Wall Street struggles to parse through the confusion. Most major retailers applied for refunds after the Supreme Court ruled in February that the International Emergency Economic Powers Act did […]
Goodyear burning rubber and cash as turnaround plan continues
The exterior of Goodyear’s “Motor City Garage” concept retail store inside one of the tire manufacturer’s Detroit tire shops. Courtesy Goodyear DETROIT — Goodyear Tire & Rubber Co. CEO Mark Stewart sits in the vehicle bay of a tire shop where the company is launching a new retail experience for customers. There’s a freshly painted […]
Why Imax hasn’t lured a buyer despite its box office boom
Moviegoers watch the film “Ne Zha 2” at an Imax GT Cinema on in Guiyang, China, Feb. 23, 2025. China News Service | China News Service | Getty Images In December, Imax CEO Rich Gelfond opened the door to a sale. Almost nine months later, the company’s stock has hit an all-time high, its box […]
How Taylor Farms became integral to America’s food supply system
The cyclospora outbreak that has sickened thousands of people across the U.S. has brought fresh scrutiny of the integral role Taylor Farms and other massive suppliers play in the country’s food supply. The company, which the Food and Drug Administration has linked to the parasite’s spread, is one of the world’s largest producers of fresh-cut […]
FDA approves Gilead HIV pill Bixlenvo designed to simplify treatment
Gilead Bixlenvo drug Courtesy: Gilead The Food and Drug Administration approved a once-daily HIV pill from Gilead that could help simplify care for some patients, the company announced Thursday. The drug, marketed as Bixlenvo, is aimed at patients whose virus is already under control but who remain on complicated treatment regimens. It could also appeal […]
Gap Q2 2026 earnings
Gap on Thursday announced a new CEO for its Old Navy banner, effective Nov. 2, as the retailer tries to reinvigorate sluggish sales performance at the brand. Michael Francis, who was appointed the chief customer officer at Old Navy in May, will take over the reins from current CEO Haio Barbeito, who will become an […]
Family offices making bullish bet on stocks, according to CNBC tracker
The New York Stock Exchange on April 14, 2025. View Press | Corbis News | Getty Images 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. Family offices boosted their stock holdings […]
American Airlines adds international routes on XLR planes
American Airlines A321XLR. Courtesy: American Airlines American Airlines announced Thursday it will add seven international routes to its 2027 schedule, with many of those on its Airbus A321XLR planes. Here are the additions: Charlotte, North Carolina, to Barcelona, Spain, starting May 27, on a Boeing 777-200ER.Chicago O’Hare International Airport to Tokyo’s Narita International Airport, starting […]