Walmart Inc. President and CEO Doug McMillon delivers a keynote address during CES 2024 at The Venetian Resort Las Vegas on January 9, 2024 in Las Vegas, Nevada.Ethan Miller | Getty ImagesWalmart already has a huge U.S. footprint. But the retail giant sees room to get even bigger.The company...
The PGA Tour logo is seen during the third round of the Travelers Championship at TPC River Highlands in Cromwell, Connecticut, on June 24, 2017.Fred Kfoury | Icon Sportswire | Getty ImagesA U.S. consortium has agreed to invest up to $3 billion into the PGA Tour, the professional golf...
A customer exits a Starbucks store in Manhattan on Jan. 30, 2024, in New York City.Spencer Platt | Getty ImagesWall Street is shaking off Starbucks' weak quarterly report, seemingly taking executives at their word that the company's challenges are "transitory."The coffee giant's stock ticked higher in morning trading, hours...
An artist's rendering of the Starlab space station in low Earth orbit.Voyager Space / Starlab Space LLCA contract written in the stars.Private station Starlab will fly on a Starship rocket later this decade to get to orbit, the companies' developing both spacecraft announced on Wednesday.Starlab – being built by...
Bebe Wood, Renee Rapp and Avantika Vandanapu star as The Plastics in the 2024 adaptation of "Mean Girls."ParamountParamount is making a habit of greenlighting low- to mid-budget films for its streaming service, only to about-face and send them to theaters first.As the media company and its rivals try to...
A worker carries bananas inside the Walmart Supercenter in North Bergen, New Jersey.Eduardo Munoz Alvarez | APWalmart announced a three-for-one stock split on Tuesday as the retailer's shares sit just below their all-time high.The company said the additional shares will be payable after the market closes Feb. 23 to...
A sign hangs in front of the world headquarters of Vertex Pharmaceuticals in Boston on Oct. 23, 2019.Brian Snyder | ReutersVertex Pharmaceuticals on Tuesday said its experimental painkiller, which is being tested as an alternative to addictive opioids, significantly decreased post-surgery pain in late-stage trialsThe drug, known as VX-548,...
Think a friend or colleague should be getting this newsletter? Share this link with them to sign up.Good afternoon! This is Annika Kim Constantino, and I cover the biotech and pharmaceutical industry for CNBC.com. Three names in the industry – Johnson & Johnson, Merck and Bristol Myers Squibb – face...
The Carnival Radiance cruise ship at the Avalon, California, harbor on May 19, 2023.Aaronp/bauer-griffin | Gc Images | Getty ImagesCarnival announced Tuesday it would reroute cruise itineraries for a dozen ships scheduled to transit the Red Sea as tensions rise in the Middle East."Given recent developments and in close...
A Citibank branch in the central business district of Singapore on Feb. 12, 2018.Ore Huiying | Bloomberg | Getty ImagesNew York Attorney General Letitia James on Tuesday sued Citibank for allegedly failing to protect and reimburse victims of electronic fraud.The suit claims that Citi does not have strong protections...