Brian Cornell, Executive Chairman of the Target Corporation. Anjali Sundaram | CNBC Target has promised investors that it’s pursuing an aggressive turnaround with a new CEO at the helm, but its longtime former top executive Brian Cornell still leads the […]
Lucid electric vehicles are seen at the New York International Auto Show on April 2, 2026. Danielle DeVries | CNBC Lucid Group said Monday it is cutting its U.S. workforce by approximately 18% as part of a cost-savings plan. The all-electric
Lucid to lay off roughly 18% of U.S. workforce, COO Marc Winterhoff leaves Read More »
United Parcel Service (UPS) trucks are parked at a UPS drop yard on Oct. 28, 2025 in Vernon, California. Mario Tama | Getty Images United Parcel Service is investing $48 million in 27 temperature‑controlled facilities as the industry sees a
UPS to invest $48 million in temperature-controlled facilities amid healthcare boom Read More »
The growing push to restrict Americans from using federal food aid to buy certain processed or sugary products is creating a new challenge for some of the biggest U.S. food and beverage companies. The U.S. Department of Agriculture as of
SNAP restrictions could change what shoppers buy — and food giants are watching Read More »
Spend a day at Shanghai Disneyland and you wouldn’t know Chinese consumers are struggling. Wang Jiandong and his girlfriend Yan Xu said they have been skipping meals out and scrimping on day-to-day necessities so they could afford to enjoy the
Bob Iger reflects on 10 years of Shanghai Disneyland as it defies the Chinese pullback Read More »
NBA Deputy Commissioner Mark Tatum speaks during the second round of the 2019 NBA Draft at the Barclays Center on June 20, 2019 in the Brooklyn borough of New York City. Sarah Stier | Getty Images The NBA plans to
NBA to name winning bids for Europe teams in the coming months, deputy commissioner says Read More »
The iconic Golden Gate Bridge and the stunning San Francisco skyline as seen from the Marin Headlands during the vibrant spring season. Dan Kurtzman | Moment | Getty Images A version of this article first appeared in CNBC’s Inside Wealth
Abercrombie & Fitch‘s Hollister is branching out of its apparel roots and partnering with Target to start selling home and dorm decor for the first time as both brands look to new categories to drive growth. The collaboration, dubbed The
Hollister partners with Target to tap into $89 billion back-to-college shopping market Read More »
A JetBlue Airlines plane lands near the Air Traffic Control tower at the Fort Lauderdale-Hollywood International Airport on Oct. 7, 2025 in Fort Lauderdale, Florida. Joe Raedle | Getty Images JetBlue Airways told CNBC on Wednesday that it will close
JetBlue to reduce Newark, LaGuardia footprint as it forges ahead in Fort Lauderdale Read More »
Carvana’s new vehicle franchise for Stellantis includes personalised displays and a vehicle “playground” for consumers for each of its core U.S. brands. Courtesy Carvana DALLAS — Carvana is aiming to bring its online strategy for selling used vehicles to sales
