CNBC Business

Starbucks will close about 1% of its North American cafes in the latest stage of its turnaround.

Trump’s meeting with Xi comes as U.S. automakers and lawmakers push to keep restrictions on Chinese vehicles and manufacturers.

McDonald's CEO Chris Kempczinski said that he expects that high inflation and flat traffic will continue to weigh on the restaurant industry.

McDonald's is following the lead of Amazon and Walmart as it starts its own media network.

The plans are part of the fast-food giant's new growth strategy, called McDonald's > NEXT.

Royal Caribbean has been trying to diversify beyond cruises and become a leader overall in vacations.

Qantas plans to start selling tickets for its first New York to Sydney nonstop flight.

Vice President JD Vance's White House Task Force to Eliminate Fraud estimates the action will save roughly $2.2 billion in taxpayer-funded subsidies.

With its new treadmills, Peloton aims to appeal to customers from casual workers to more serious athletes.

Aurora's founder and CEO told CNBC the company is targeting positive free cash flow by 2028, driven by a substantial increase in the number autonomous trucks.

The presentation comes as McDonald's U.S. business disappointed in its most recent quarter.

An FAA equipment problem snarled air travel at Newark Liberty International Airport and Philadelphia International Airport Monday.

The antitrust lawsuit threatened to delay Paramount's acquisition until mid-2027 and to cost the company hundreds of millions of dollars in fees.

They're the latest metrics on how much the new Medicare coverage is expanding access to GLP-1 medicines since it launched in July.

Eli Lilly is trying to catch up in the GLP-1 pill market to Novo, which got a head start in the space.

Nissan has two production shifts at its assembly plant in Smyrna, Tennessee, and adding another could mean hundreds, if not thousands, of new jobs.

Tariffs, fuel prices and interest rates are squeezing American companies, particularly manufacturers, auto suppliers, retailers and transportation businesses.

Serial airline investor Bill Franke is embracing more upmarket changes like first-class seats.

Leaders of six major auto trade groups joined to sign a letter to the president.

Disney has hired a chief technology officer, a newly minted role for the company, as it looks to further its embrace of tech under CEO Josh D'Amaro.