Disney executives won't attend CinemaCon in-person as delta Covid variant rages in Las Vegas
Disney executives won't be traveling to Las Vegas next month to attend the National Association of Theatre Owner's CinemaCon.
CNBC US News
These stocks should benefit from rising inflation, ETF manager says
Companies with capital-light business models that deal in hard assets are most likely to benefit from higher inflation, says Horizon Kinetics' James Davolos.
Start-ups will suffer from antitrust bills meant to target Big Tech, VCs charge
Congress is considering a slate of new antitrust laws to rein in Big Tech power, including merger restrictions on the largest firms.
Zoom's lightning-fast ascent to $100 billion made big acquisitions a sudden priority
Zoom's $14.7 billion acquisition of Five9, one of the largest cloud transactions on record, is the first sign of the company using its hefty market to do deals.
Appeals court blocks CDC restrictions on cruises in win for Florida
An appeals court sided with Florida in its challenge against federal regulations for cruise ships hours after Florida brought the case to the Supreme Court.
China sanctions Wilbur Ross, others over U.S. warning about Hong Kong business conditions
China said it has imposed sanctions on seven people, including former Commerce Secretary Wilbur Ross, in response to U.S. penalties.
Ponzi schemer Madoff earned $710 for almost 3,000 hours of prison work, got 'not very dependable' review
Bernie Madoff died in prison, where he was serving a 150-year sentence for running the largest Ponzi scheme in history, swindling thousands of victims.
Rivian raises $2.5 billion in new funding round led by Amazon, Ford
The electric vehicle start-up said it has raised about $10.5 billion to date.
Boston Beer CEO acknowledges Q2 hard seltzer sales miss – ‘we don’t look very smart’
Boston Beer CEO David Burwick said the company's hard seltzer sales dropped fast when people retuened to bars this summer.
The rapid growth the U.S. economy has seen is about to hit a wall
The U.S. economy is expected to post another roaring growth spurt in the second quarter, before a slow and steady dose of reality starts to sink in.
Uber's stake in Didi shrank by $2 billion this week amid China crackdown on U.S. listings
After Didi's stock market debut last month, Uber owned a stake worth over $9 billion in the Chinese ride-hailing company. That's dropped by half.
Former Virgin Galactic CEO to launch on the company's next spaceflight test
George Whitesides, the former CEO of Virgin Galactic, will fly on the company's next spaceflight test, CNBC has learned.
Boston Beer stock tumbles 26% after weak Truly hard seltzer sales weigh on earnings
Shares of Boston Beer tumbled 26% after disappointing demand for hard seltzer dragged down the company's quarterly earnings and revenue.
Shares of Snap close up 23% day after earnings beat
Snap stock soared Friday, as the company continued to ride its strong second-quarter earnings beat across the board.
Covid cases are rising again in all 50 states across U.S. as delta variant tightens its grip
Louisiana, Arkansas, Missouri, Florida and Nevada are reporting the highest daily average of new cases per capita over the past week.
Trump friend Tom Barrack ordered released on $250 million bond, his SPAC pulls SEC registration, IPO plan
Thomas Barrack, a close friend of Donald Trump, is accused of illegally lobbying for the United Arab Emirates during Trump's campaign and presidency.
Sweltering temperatures expected across U.S. next week as heat dome descends on Midwest, Great Plains
High temperatures next week will be the result of a heat dome, a strong high pressure system of air that descends from the atmosphere and heats up near land.
Amazon is hiring a digital currency and blockchain expert, signaling a growing interest in cryptocurrency
Currently, Amazon doesn't accept any cryptocurrencies as payment for its products.
The drought-stricken Western U.S. braces for 'water wars'
The Western U.S. is facing drought conditions that are straining water resources, hurting agriculture and providing a fertile ground for wildfires.
Tuition insurance may help cover costs if a student withdraws from college
The possibility of more campus closures has sparked renewed interest in college refund policies and tuition insurance.
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