Weak Outlook Overshadows Airbnb’s Quarterly Win
...
09May
Read more...
09May
Read more...
09May
McDonald’s makes changes to increase mobile sales
A Big Mac is displayed on a page of the McDonald's appDaniel Acker | Bloomberg | Getty ImagesMcDonald's U.S. franchisees will start paying into a digital marketing fund next year as the fast-food giant looks to expand its booming digital business, according to a memo viewed by CNBC on...
09May
CFPB rule faces possible freeze
Epoxydude | Fstop | Getty ImagesA Consumer Financial Protection Bureau regulation that promised to save Americans billions of dollars in late fees on credit cards faces a last-ditch effort to stave off its implementation.Led by the U.S. Chamber of Commerce, the card industry in March sued the CFPB in...
09May
Weekly jobless claims jump to 231,000, the highest since August
Jobseekers during a Construction Career Fair at Cape Fear Community College in Wilmington, North Carolina, US, Wednesday, March 15, 2023. Allison Joyce | Bloomberg | Getty ImagesInitial filings for unemployment benefits hit their highest level since late August 2023 in a potential sign that an otherwise robust labor market is...
09May
PLNT, WBD ABNB, YETI and more
Check out the companies making the biggest moves in premarket trading: Planet Fitness — Shares tumbled as much as 7% after the gym franchise reported a revenue miss for its first quarter and issued disappointing guidance for the year. Quarterly revenue was $248 million, versus the $249.5 million expected...
09May
GM can regain market share in China after 20-year low, exec says
GM President Mark Reuss announces a $2.2 billion investment in the automaker's Detroit-Hamtramck Assembly plant in Michigan for new all-electric trucks and autonomous vehicles on Jan. 27, 2020.Michael Wayland / CNBCDETROIT – General Motors believes it can regain market share in China after hitting a roughly 20-year low last...
09May
Hydrow acquires Speede Fitness, grows as Peloton shrinks
Connected fitness company Hydrow, which Peloton once tried to buy, is growing sales and has acquired a majority stake in strength training company Speede Fitness as gymgoers move away from cardio exercises in favor of weights, the company told CNBC on Thursday. Hydrow also announced that its CEO and founder...
09May
Read more...
09May
Warner Bros. Discovery (WBD) earnings Q1 2024
Signage at a Warner Bros Discovery office in New York, US, on Saturday, Feb. 17, 2024.Yuki Iwamura | Bloomberg | Getty ImagesWarner Bros. Discovery reported first-quarter results on Thursday, missing analyst expectations on both the top and bottom lines. Here is how Warner Bros. Discovery performed, compared with estimates...