CNBC Business

The department store operator is opening 20 Nordstrom Rack stores and zeroing in on best-selling brands.

Apple and Google's Covid exposure notification system aimed to help millions of Americans trace infections and make decisions about isolating and testing.

Twitter has suffered a rapid decline in advertising revenue since Elon Musk took over the social media platform last year.

Under CEO David Solomon, Goldman has sought to speed up its digital makeover by hiring Google and Amazon executives and asking employees to pitch startup ideas.

Vivek Ramaswamy, who has received praise from Donald Trump, is building an upstart GOP presidential campaign around urging businesses to stay out of politics.

The Biden administration and drugmakers Pfizer and Moderna have announced programs that aim to help uninsured Americans access Covid shots for free.

The company, which posted profit and revenue for the period that were in line with Wall Street estimates, reported a loss of four million Disney+ subscribers.

Dimon joined a host of executives and officials making dire predictions about the consequences of failing to raise or suspend the debt limit.

Pfizer CEO Albert Bourla argued the Biden administration's plan will cut profits and force Big Pharma companies to pull back on developing medicines.

Instead of burning excess Yeezy inventory, Adidas plans to sell some of it and donate the money to charity.

The U.S. Consumer Product Safety Commission is recalling two million Peloton bikes for injury and fall concerns, sending shares of the stock tumbling.

Bowlero grew rapidly and became a success story among SPAC stocks, but former employees allege discrimination during its rapid expansion.

The Swedish EV maker said its net loss narrowed dramatically compared with a year ago.

Marijuana businesses have pushed for Congress to pass the SAFE Banking Act as they seek access to traditional financing.

Sony's faith-based streaming service Pure Flix is merging with Great American Media, the owner of rival networks to the Hallmark Channel.

CNN's choice to add a cheering crowd to Donald Trump's town hall made the event feel more like a rally than a hard-hitting journalistic enterprise.

Experts agree the U.S. has many more tools to fight Covid today, but warn the virus will remain a persistent threat to the nation's battered health-care system.

Senate Finance Committee Democrats said the Republican bill resulted in billion of dollars in tax savings for pharmaceutical companies. 

Disney's loss of 4 million subscribers during the first three months of the year cements the end of the streaming wars.

The retailer wants to grow the subscription program, which has about 5.8 million members.