Shohei Ohtani's former translator Ippei Mizuhara allegedly stole more than $16 million from the Los Angeles Dodgers star to cover millions of dollars of gambling debts, the U.S. attorney's office announced Thursday. The office, which filed...

The benefits of scale will never be more obvious than when banks begin reporting quarterly results on Friday. Ever since the chaos of last year's regional that consumed three institutions, larger banks have mostly fared better than smaller...

DEARBORN, Mich. — is lowering the starting prices of some all-electric F-150 Lightning pickup trucks as it prepares to resume shipping the vehicles after quality issues. The included models are expected to ship later this month for betwee...

DETROIT – Skyrocketing auto insurance costs helped contribute to accelerating at a faster-than-expected pace and are adding to the ever more expensive costs for U.S. vehicle owners. On a monthly basis, car insurance prices as part of the...

Three years after three little letters revolutionized collegiate sports, a billion-dollar industry is funneling more money into college athletes' bank accounts — and financial literacy has never been more important. In 2021, college athle...

European Union drug regulators found that highly popular such as Wegovy and Ozempic are linked to an increased risk of , the regulator said Friday. The European Medicines Agency conducted a into so-called GLP-1s, a blockbuster class of trea...

CEO John Donahoe on Friday blamed remote work for the company falling behind on innovation, saying that it's tough to be disruptive when people are working from home. In an interview with CNBC's from Paris, Donahoe was asked about the compa...

In this article on Friday posted first-quarter revenue that topped analysts' estimates, helped by better-than-expected results in the bank's investment banking and trading operations. Here's how the , compared with estimates from LSEG, form...

In this article on Friday posted profit and revenue that topped Wall Street estimates as credit costs and trading revenue came in better than expected. Here's what the compared with estimates from analysts surveyed by LSEG, formerly known a...

CEO John Donahoe acknowledged Friday that the company moved too far away from wholesale partners like and in its quest to become a retailer that primarily sells merchandise to shoppers through its own stores and website. "We recognize that...

In this article StubHub is eyeing a summer initial public offering, a person familiar with the matter told CNBC. The online ticketing service is aiming for a valuation of at least $16.5 billion, which is what it was valued at in late 2021 d...

Regional lender finds itself in an apparently worsening predicament just as the of last year's banking turmoil nears. to below $4 apiece after NYCB recent quarterly earnings lower by $2.4 billion, formally its CEO and the release of a key a...

is in talks to buy back , which makes fuselages for Boeing's 737 Max jets, the companies said Friday, as the manufacturers scramble to stamp out production flaws on the top-selling plane. Shares of Spirit rose 15% on Friday, while Boeing's...

submitted a bid to acquire spacecraft manufacturer , the defense giant revealed in a securities filing on Friday. The nonbinding proposal would see Lockheed acquire Terran Orbital's outstanding common stock at $1 a share in cash, as well as...

In the nearly four years since the Covid-19 pandemic upended air travel, the largest U.S. airlines have returned to profitability. The CEOs of two upstart airlines that launched in the middle of the pandemic say they're about to join them....