CNBC Business

General Motors CEO Mary Barra blamed a supplier of automation equipment for the slow ramp-up of its new electric vehicles.

Biogen, in its second-quarter earnings report, said the plan will result in $700 million in net operating expense savings by 2025. 

"Barbenheimer" exploded over the weekend, generating an estimated $235.5 million in ticket sales and reinvigorating the domestic box office.

J&J said it received a waiver that dismisses the share lockup period associated with Kenvue's initial public offering in May.

Ilya Lichtenstein and Heather Rhiannon Morgan are accused of trying to launder bitcoin stolen in the the 2016 hack of Bitfinex.

The U.S. military plans to buy even more rocket launches from companies in the coming years than previously expected.

The artificial intelligence technology has already produced costs savings for BMW and allowed the automaker to redeploy workers elsewhere in the factory.

Thibaut Mongon's remarks follow Kenvue's second-quarter earnings beat, which was fueled by resilient demand for brands like Band-Aid, Tylenol and Aveeno.

The pharmaceutical company did not say whether it expected the tornado damage to lead to new drug shortages for sterile injectables.

Sanofi said it is working with a CDC panel to include Beyfortus on the childhood immunization schedule and the Vaccines for Children Program.

Sales of Bud Light have plummeted in the wake of conservative uproar and a boycott over the partnership with transgender influencer Dylan Mulvaney.

Stock of Trump-affiliated Digital World Acquisition Corp. soared more than 50% on Friday after the company reached a fraud settlement with the SEC.

ESPN has held early talks with the NBA, NFL and MLB as potential strategic partners, sources said.

U.S. lawmakers are seeking to review a licensing deal between Ford and China-based CATL involving a planned $3.5 billion battery cell plant in Michigan.

"Barbenheimer" weekened begins with a bang as "Barbie" snared $22.3 million in Thursday night preview tickets, the most of any film released so far in 2023.

The plants are uniquely positioned to have wide-ranging implications for the UAW, automakers and President Joe Biden's push toward domestic manufacturing.

Celebrity liquor brands are taking hold, and famous figures such as George Clooney, Dwayne Johnson, Ryan Reynolds and Kendall Jenner have gained traction.

Astranis suffered a malfunction with its first commercial satellite in orbit – but has a backup satellite it plans to bring into service by this spring.

Amazon hopes to launch its first two Kuiper prototype satellites "in the coming months," the company said. The new facility would be up and running early 2025.

Airlines' cargo businesses were lifelines during the pandemic when travel demand dried up.