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 […]
A view of a CarMax dealership on April 10, 2025, in Santa Rosa, California. Justin Sullivan | Getty Images Shares of CarMax fell roughly 8% during midday trading Wednesday after the company beat Wall Street’s quarterly earnings expectations and its
Thomas Fuller | SOPA Images | Lightrocket | Getty Images UniQure plans to seek FDA approval of its experimental gene therapy for Huntington’s disease, the company said Wednesday, months after previous agency leaders criticized the evidence backing the application. UniQure
LGBTQ+ consumers are shifting their brand loyalties based on companies’ diversity, equity and inclusion policies, according to new research from the Human Rights Campaign Foundation. The findings released Wednesday found that nearly 72% of LGBTQ+ consumers say they buy fewer
Target, Walmart and Amazon among brands losing LGBTQ+ consumer spending, new survey says Read More »
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors
The WNBA is expanding its footprint to CNBC. CNBC parent Versant announced Wednesday that the business news network will simulcast 11 WNBA games this season. The matchups will also air on Versant’s USA Network. Last September, Versant and the WNBA
CNBC to simulcast 11 WNBA games this season Read More »
The Fox Corp. headquarters are seen on June 15, 2026, in New York City. Michael M. Santiago | Getty Images The media industry has long been preparing for consolidation and mega deals. And yet Fox Corp.’s acquisition of Roku seems
How Roku fits into Fox's future — and what investors are missing about the deal Read More »
Rivian electric vehicles are parked in front of a Rivian service center on April 30, 2026 in Los Angeles, California. Justin Sullivan | Getty Images Rivian said Tuesday it was laying off hundreds of workers, or less than 2% of
Rivian laying off hundreds of workers amid R2 launch Read More »
Automaker General Motors on Tuesday announced a new partnership with defense company Lockheed Martin to scale manufacturing and expand production capabilities. The deal was facilitated by the U.S. Department of Defense, according to Bruce Brown, GM’s vice president of strategy
General Motors announces new defense partnership with Lockheed Martin Read More »
A Carvana sign and signature vending machine in Tempe, Arizona. Michael Wayland | CNBC After growing to become one of the largest used car retailers in the U.S., Carvana is expanding into the new vehicle market. The company has quietly
