The U.S. on Tuesday sued , the world's biggest payments network, saying it propped up an illegal monopoly over debit payments by imposing "exclusionary" agreements on partners and smothering upstart firms. Visa's moves over the years have r...

The U.S. Securities and Exchange Commission charged Harvest Volatility Management and Merrill Lynch on Wednesday for exceeding clients' predesignated investment limits over a two-year period. Merrill, owned by , and Harvest have agreed in s...

's blockbuster diabetes drug may decrease the risk of in certain patients, demonstrating its potential as an alternative treatment for opioid use disorder, according to a released Wednesday. The active ingredient in Ozempic, semaglutide, wa...

Birria, which was once known as a regional Mexican food, has taken on a life of its own in the U.S., becoming a social media star and fast-food darling. Traditionally, birria is a beef or goat stew, slow cooked with spices and chiles to giv...

CEO Brian Niccol said the coffee chain is committed to bargaining in good faith with the union that represents many of its baristas, as the two sides work to craft a labor deal. "I deeply respect the right of partners to choose, through a f...

Businessman Paul Viera is increasing his stake in the San Antonio Spurs from 5% to 11%, CNBC has learned, as NBA valuations climb and make teams more attractive assets for investors. About two weeks ago, Viera, founder and CEO of the Atlant...

is planning to reduce service to and from Atlanta next year, cutting more than 300 pilot and flight attendant positions, according to a company memo seen by CNBC. The changes come a day before Southwest's investor day, when executives will...

As presidential nominees Vice President Kamala Harris and former President Donald Trump prepare to face off in , voters will be tuning in for clarity on their plans to handle issues including the economy, inflation and job growth. One secto...

said Tuesday that executive chairman and former CEO Gary Kelly will retire next year and announced a board shake-up, moves that come as the carrier faces for changes by activist investor Elliott Investment Management. "Now is the time for c...

A top official on Tuesday changes to a proposed set of U.S. banking regulations that roughly cuts in half the extra capital that the largest institutions will be forced to hold. Introduced in , the regulatory overhaul known as the Basel End...

shares fell 5% on Tuesday after the bank's president told analysts that expectations for net interest income and expenses in 2025 were too optimistic. While the bank expects to be in the "ballpark" of the 2024 target for NII of about $91.5...

Major League Baseball is likely on a different trajectory than it was a couple years ago after the league implemented rule changes and renewed its focus on amplifying the talents of the its players, according to MLB Commissioner Rob Manfred...

Sports betting is continuing its integration into modern sports culture, and industry leaders do not expect the growth to slow down any time soon. Executives from FanDuel, Fanatics, and Sportradar, a firm that provides data to sportsbooks,...

New CEO Brian Niccol will focus on improving the chain's U.S. business in his early days on the job before he moves to fix its issues abroad, according to an on Tuesday. "… In some places — especially in the U.S. — we aren't always de...

The fervor and passion surrounding women's sports aren't going to go away, said Jessica Berman, commissioner of the National Women's Soccer League. They're only going to get bigger. "We've finally reached the point where it isn't a question...