Sweetgreen shares tumble after salad chain reports weak sales but narrowing losses
Sweetgreen, which went public in November 2021, is aiming to turn a profit for the first time by 2024.
CNBC US News
American Airlines pilots' union accepts sweetened labor deal
The new deal will have to be ratified by American Airlines' more than 15,000 pilots.
Trump grand jury leaves for day with no indictment in sight
Special counsel Jack Smith is criminally investigating Donald Trump for efforts to undo his loss in the 2020 election to President Joe Biden.
SpaceX came close to breaking a 56-year rocket record with back-to-back launches
SpaceX was set to launch a Falcon 9 rocket and then a Falcon Heavy rocket from Florida as little as 45 minutes apart on Thursday evening.
Airlines say domestic fares are sliding and threatening to chill record revenue growth
Southwest Airlines, Alaska Airlines and American Airlines have forecast weaker fare growth.
Southwest Airlines shares tumble 9% as costs rise, unit revenue slips
Southwest blamed "challenging comparisons from the pent-up travel demand surge in 2022, and higher than seasonally-normal growth."
Microsoft responsible for China's U.S. government email hack, Senator Wyden says
Chinese hackers accessed the Microsoft-powered email accounts of top China envoys, Commerce Secretary Gina Raimondo, and Secretary of State Antony Blinken.
Senators aim to protect small businesses from foreign IP theft with new bill
The American IP Defense and Enforcement Advancement Act reprioritizes law enforcement and federal policy to protect U.S. small businesses from IP theft.
Meta reports better-than-expected results and issues optimistic guidance for third quarter
Meta said revenue in the quarter increased 11% as the company returned to double-digit growth for the first time since late 2021.
McDonald's is creating a spinoff restaurant brand called CosMc's
McDonald's will test CosMc's in a handful of sites in "a limited geography" in early 2024.
Aristocrat unveils NFL-themed slot machines as league navigates legal gambling
NFL-themed slot machines are coming to casino floors beginning September.
McDonald's earnings top estimates as mascot Grimace fuels U.S. sales
McDonald's same-store sales grew 11.7%, driven in part by a strong showing in Europe and the chain's Grimace promotion.
Eli Lilly says obesity drug helped boost weight loss to 26%, highest seen in late-stage trials
The data bolsters Eli Lilly's position in the budding weight loss drug market and establishes the company as a formidable competitor to Novo Nordisk.
GDP grew at a 2.4% pace in the second quarter, topping expectations despite recession calls
Gross domestic product was expected to increase at a 2% annualized pace in the second quarter.
July is set to be the hottest month on record
July is shaping up to be the hottest month on record according to data from the EU's Copernicus climate change service and the WMO.
Here's what the Federal Reserve's 25 basis point interest rate hike means for your money
Everything from mortgages and credit cards to student and car loans has been affected by the Federal Reserve's rate hike cycle.
Facebook's ad rebound gives Meta CEO Mark Zuckerberg freedom to pursue far-out bets
Meta's improved financial picture is allowing the company to invest in the money-losing metaverse, while rival Snap is under increased pressure.
Amazon cuts jobs at Fresh grocery stores
Amazon CEO Andy Jassy has pressed pause on some Fresh and Go store expansion as the company revamps its brick-and-mortar grocery strategy.
Meta’s Reality Labs has now lost more than $21 billion since the beginning of last year
Meta continues to lose money building the metaverse as Reality Labs records a second-quarter operating loss of $3.7 billion.
Tesla under investigation by California attorney general over Autopilot safety, marketing
The California attorney general is investigating Tesla over the electric car company's driver assistance technology, CNBC has learned.
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