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...

is teaming up with to launch a new ready-to-drink and premixed cocktail beginning 2024, the companies announced Monday. The new cocktail will contain a mix of Absolut Vodka and Sprite, the companies said. The drink will be available in two...

In this article filed for Chapter 11 bankruptcy protection in New Jersey on Sunday and said it would begin restructuring to significantly reduce its debt. The company said it reached a deal with creditors on a restructuring plan that includ...

The Writers Guild of America's labor deal with Hollywood studios was billed as a big win for writers, but industry experts fear the agreement's artificial intelligence guardrails won't be enough. As it stands, the industry faces several que...

Investment in the space sector, especially from venture capital, is consistently flowing into companies that are pursuing and winning government contracts, according to a report Monday by New York-based Space Capital. "In this market – 21...