The global supply chain is feeling the fallout from Iran-backed Houthi rebels attacking vessels in the Red Sea. Freight prices are set to jump Monday, while longer transit times around Africa are disrupting and delaying deliveries of produc...

SpaceX successfully sent text messages via Starlink satellites using network, it announced Wednesday, as company aims to bring its direct-to-device cell service to market in the coming year. The recent test comes as major players pursue , a...

The Messenger, the co-founded by publishing veteran Jimmy Finkelstein, is urging potential investors to make a long-shot bet on a dramatic rebound in advertising this year. The company is attempting to stop the cash burn that has put it in...

ORLANDO, Fla. — As rumors swirl over whether Saks Fifth Avenue will acquire Neiman Marcus, Neiman's CEO told CNBC there's "no need" to sell the business, adding it's unlikely to change hands in the next five years. Neiman's largest compet...

It's the third act of the streaming wars. That's the time a hero, seemingly beaten and broken, rises up and saves the day. But Wall Street is worried that hero may never come for Hollywood. Legacy media companies including , , and are tryin...

warned investors late Wednesday that tied to the decline of the Argentine peso as well as the bank's came in far higher than disclosed by the company's CFO just weeks ago. The bank said its fourth-quarter results, scheduled to be released F...

has sold Sperry to brand management firm and Reebok owner Authentic Brands Group, as the footwear retailer looks to focus on better performing assets, the company announced Thursday. Canadian retailer the Aldo Group has been tapped as the b...

In this article plans to close select pharmacies inside stores early this year, a company spokesperson said Thursday, as retail pharmacy chains in the U.S. struggle to boost profits. The closures will begin in February and finish by the end...

The governors of New York and California announced sweeping plans to this week, as trade associations and police departments lobby for government action to curb theft. The plans include new legislation designed to for retail crime offenses...

In this article The Federal Aviation Administration on Friday said it will audit 's production line, a week after a door plug blew off an 737 Max 9. The agency said it is considering using "an independent third party" to oversee Boeing insp...

Space company warned shareholders in a securities filing on Friday that the company is running out of money and does not have a financial lifeline. Momentus, once valued at more than $1 billion in 2021, abandoned plans for its next mission,...

In this article shares fell Friday even after fourth-quarter profit rose from a year ago, as the bank warned that net interest income for 2024 could come in significantly lower year over year. "As we look forward, our business performance r...

In this article shares fell 1.1% Friday after the firm reported declining fourth-quarter earnings amid hefty one-time charges. Here's what the company reported compared to Wall Street expectations, according to LSEG, formerly known as Refin...

In this article closed out the year by doubling its quarterly profit as travel demand, particularly for international trips, helped drive record revenue in 2023. CEO Ed Bastian said continued strong travel demand could boost earnings this y...

Airlines canceled more than 3,000 U.S. flights Friday as they grappled with winter weather and the of 737 Max 9 planes. Storms in the Midwest helped drive more than 8,400 delays, with disruptions around Chicago and Detroit, major hubs for t...