People play pickleball at Central Park in New York City on April 8, 2023.Wang Fan | China News Service | Getty ImagesAmerica's fastest-growing sport is looking to be … quieter?The governing body of the sport, USA Pickleball, announced on Monday a new initiative to get pickleball to pipe down...
The AMC 25 and Regal Cinemas on 42nd Street in Times Square, New York.Richard Levine | Corbis | Getty ImagesMovie theater shares popped Monday following news of a tentative labor deal between the Writers Guild of America and the Alliance of Motion Picture and Television Producers."The world's movie theatres...
Jeff Bezos' Blue Origin will replace CEO Bob Smith with outgoing Amazon executive Dave Limp, CNBC has learned.Smith is retiring effective Dec. 4 and will remain with the company until Jan. 2 for the CEO transition, according to notes to Blue Origin staff written by Smith and Bezos that...
In this aerial image, damage is seen at a Pfizer pharmaceutical factory after a tornado hit the facility two days earlier, in Rocky Mount, North Carolina, July 21, 2023.Sean Rayford | Getty ImagesPfizer on Monday said it has restarted most production lines at a drug manufacturing plant that was...
A worker holds a bottle of Merck & Co.'s molnupiravir antiviral medication in a warehouse in Shoham, Israel, on Jan. 18, 2022.Bloomberg | Bloomberg | Getty ImagesA new study released Monday said Merck's widely used antiviral Covid pill can cause mutations in the virus that occasionally spread to other...
Artist's rendering of Sierra Space's Dream Chaser space plane in this undated handout obtained March 25, 2022.Sierra Space | via ReutersSierra Space, the subsidiary of private aerospace contractor Sierra Nevada Corporation, is finalizing a raise of nearly $300 million, CNBC has learned.The round values the space company at about...
A battle between elite membership clubs is about to reach a whole new level, as Core Club's new 60,000-square-foot megaclub prepares to open in Manhattan next month.The new Core space, spread over four floors above Midtown, is the latest in a wave of elite membership clubs that have opened...
Rolled aluminum is fed into a machine on the auto treatment line at the Alcoa Inc. Davenport Works aluminum facility in Riverdale, Iowa.Daniel Acker | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading.Alcoa — Shares of the aluminum stock slipped 5% after the company said...
Surging prices for soft commodities, from orange juice to live cattle, are complicating the inflation picture. A host of agricultural commodities have climbed in recent months, driven by weather-related damage and rising climate risks around the globe, resulting in tighter supplies. The higher prices add another layer of pain...
Japanese carmarker Nissan announced Monday that all new models it launches in Europe will be fully electric, as it reaffirmed its aim for solely electric vehicle sales on the continent by 2030.It said it was "pressing ahead" with the existing target just a week after the U.K. pushed back...