Luxury brands diverge: Tapestry stock rises while Capri slides after earnings
Kate Spade owner Tapestry beat analyst expectations Thursday and raised its annual profit forecast, a day after Capri's disappointing third quarter earnings.
CNBC Business
SpaceX successfully test fires Starship booster in last key step before orbital launch
SpaceX on Thursday test fired 31 of the 33 engines in the towering rocket booster of its Starship prototype.
Newsom unveils bill to protect California's climate-threatened Joshua tree
Roughly half of the western Joshua tree's range in California is on private land and most of the habitat is not protected from development.
Everything is on the table now with Hulu, Disney CEO Iger says
Bob Iger said that "everything is on the table" as Disney considers whether to buy the rest of Hulu from Comcast.
Alec Baldwin sued by Halyna Hutchins' family over fatal 'Rust' movie shooting
Alec Baldwin is being sued by Halyna Hutchins' family weeks after the actor was charged with manslaughter in the "Rust" movie set shooting.
How small businesses are fighting inflated credit card swipe fees
Credit card swipe fees have more than doubled over the last decade, leading some business owners to look for new and creative ways to claw back their profits.
Netflix starts cracking down on password sharing in four countries
Users will be asked to set a "primary location" for their Netflix accounts and will be allowed two "sub accounts" for users who don't live in that household.
Watch Senate hearing on the suspected Chinese spy balloon
Watch Senate Foreign Affairs Committee hearing on U.S.-China policy and competition
PepsiCo earnings beat expectations as price hikes boost snack and beverage sales
PepsiCo saw volume fall 2% across its food business as price hikes hurt demand even as they buoyed revenue.
Disney CEO Bob Iger says he prefers to stay only two years, calls streaming 'the future'
Disney CEO Bob Iger told CNBC he plans to stay only for two years, and that he wants more "Toy Story" and "Frozen" sequels.
Stocks making the biggest moves midday: Sonos, Salesforce, Disney, Credit Suisse and more
These are the stocks posting the largest moves in midday trading.
Southwest executive tells Senate 'we messed up' in holiday travel chaos
Southwest apologized before the Senate panel for the mass cancellations over the year-end holidays.
General Motors signs deal with GlobalFoundries for exclusive U.S. semiconductor production
GM has signed a long-term agreement with GlobalFoundries to establish exclusive production capacity of U.S.-produced semiconductor chips.
Chick-fil-A will test a cauliflower sandwich in its first plant-based pilot
Chick-fil-A said it's been working on a plant-based sandwich for nearly four years.
Activist investor Nelson Peltz declares Disney proxy fight is over after Iger unveils restructuring
Nelson Peltz dropped his proxy fight against Disney after CEO Bob Iger unveiled a vast reorganization.
Fast food reigns supreme as inflation weighs on pricier restaurants
Fast-casual and full-service restaurants like Chipotle and Chili's are struggling to attract customers.
As record rocket launches crowd airspace, the FAA fights to limit travel disruptions
Space companies are launching more rockets than ever, ratcheting up competition for air space just as travelers return to flying in droves.
Biden proposal to cap all insulin prices at $35 a month has little chance of passing Congress
Senate Republicans killed a proposal last year to cap out-of-pocket costs at $35 for people with private insurance.
Lucid joins the EV discounting fray with $7,500 'credits' on some of its Air luxury sedans
Lucid's Air luxury sedan is too expensive for the new federal EV tax credits -- so the company is offering $7,500 "credits" of its own on certain models.
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