LOS ANGELES — shares surged after the closing bell Wednesday as the driven by a password-sharing crackdown efforts and interest in its new ad-supported tier. The streaming giant added 8.76 million global subscribers during the quarter, hi...

The reorganization of 's business is giving investors a glimpse at ESPN's financials for the first time. The inside look – which shows ESPN's revenue has been decreasing in recent quarters – comes as the parent company looks for a for w...

is correcting the There once was a time, long ago in April 2022, when Netflix . The company forecast it would lose an addition 2 million subscribers in the second quarter that year, a number that when Netflix announced actual results three...

With the National Basketball Association season tipping off next week, StubHub sees ticket sales up nearly 60% compared to last year, with the Los Angeles Lakers returning to the top of the list as the most in-demand team. The ticket exchan...

CEO said the second biggest U.S. bank by assets continued to grow, despite signs of an economic slowdown. "We added clients and accounts across all lines of business," Moynihan said. "We did this in a healthy but slowing economy that saw U....

Builder confidence in the market for single-family homes dropped to the lowest level since January, as builders contend with a market dominated by and costs for financing. The monthly /Wells Fargo Housing Market Index dropped 4 points to 40...

on Tuesday appointed Laurie Ann Goldman as its new CEO and shook up its board as the iconic brand tries to overcome its recent struggles. Shares of Tupperware closed 8% higher at $2.18 Tuesday. However, the stock is down 47% so far this yea...

JJ reported $13.89 billion in pharmaceutical sales, which grew more than 5% year over year. Excluding sales of its unpopular vaccine, the pharmaceutical division raked in $13.85 billion. Wall Street was expecting sales of $13.34 billion for...

Luxury electric vehicle maker said Tuesday that it delivered 1,457 of its Air sedans to customers in the third quarter, a number that is unlikely to reassure investors worried about demand for the posh and pricey electric vehicle. Shares of...

In this article Activist investment firm Starboard Value is pushing for change at , in particular to see its real estate business separated from the rest of the company. Starboard CEO Jeffrey Smith told CNBC's David Faber on Tuesday that th...

Activist investment firm Engaged Capital has taken a stake in , owner of Vans and The North Face brands, and is pushing for cost cuts and changes to the board. Shares of VF Corp. closed 14% higher Tuesday, settling at $18.45. The stock is d...

DETROIT – said Tuesday it is delaying production of all-electric trucks at a Michigan plant by at least a year to "better manage capital investments" and implement improvements in an effort to make the new EVs more profitable. GM now plan...

aren't the only ones on strike in Detroit. Thousands of casino workers, seeking higher wages and better working conditions, walked off the job in the city Tuesday. Casino workers are seeking higher wages and better working conditions as the...

said more expensive jet fuel and a halt to the carrier's Tel Aviv flights during the Israel-Hamas war will eat into its profits in the last three months of the year. For the current quarter, the Chicago-based carrier estimated adjusted earn...

Box office analysts became Swifties in the lead-up to Taylor Swift's Eras Tour concert film release, estimating blockbuster-style opening weekend numbers. And Swift delivered. While the pop singer fell short of the $100 million benchmark, d...