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Business — Latest

Cheaper cars are selling considerably faster than at the beginning of the year

Oct 30, 18:45 UTC • www.cnbc.com
TL;DR: Data indicates cheap cars are selling fast, but a few lower-priced segments still saw sales drop in the third quarter. Here's what might be happening…

Data indicates cheap cars are selling fast, but a few lower-priced segments still saw sales drop in the third quarter. Here's what might be happening.

Starbucks sales miss expectations, but its U.S. turnaround is gaining steam

Oct 30, 13:29 UTC • www.cnbc.com
TL;DR: Starbucks' U.S. stores topped Wall Street's comparable sales expectations but its international business fell short of estimates…

Starbucks' U.S. stores topped Wall Street's comparable sales expectations but its international business fell short of estimates.

Rivian third-quarter earnings beat estimates as software revenue, R2 deliveries rise

Oct 29, 21:52 UTC • www.cnbc.com
TL;DR: Rivian also revised its 2026 guidance to mark expected improvements in its vehicle deliveries, pre-tax adjusted earnings and capital expenditures…

Rivian also revised its 2026 guidance to mark expected improvements in its vehicle deliveries, pre-tax adjusted earnings and capital expenditures.

Norwegian shares surge 13% on earnings beat, guidance raise

Oct 29, 20:14 UTC • www.cnbc.com
TL;DR: Norwegian said the company's bookings had "improved modestly" but remain below its optimal range…

Norwegian said the company's bookings had "improved modestly" but remain below its optimal range.

Cruise companies aim to keep fuel costs down. Their strategies for doing so differ

Oct 29, 19:36 UTC • www.cnbc.com
TL;DR: Carnival is cutting fuel use, while Royal Caribbean and Norwegian rely on "hedging" to keep fuel costs down amid conflict in the Middle East…

Carnival is cutting fuel use, while Royal Caribbean and Norwegian rely on "hedging" to keep fuel costs down amid conflict in the Middle East.

America's largest budget airline reports 71% jump in airfare

Oct 28, 23:51 UTC • www.cnbc.com
TL;DR: Frontier Airlines reported a 71% jump in airfare for the third quarter and said customers continue to book…

Frontier Airlines reported a 71% jump in airfare for the third quarter and said customers continue to book

Chipotle shares rise 7% after CEO says same-store sales growth will continue

Oct 28, 22:12 UTC • www.cnbc.com
TL;DR: For the first time this year, low-income consumers during the quarter outperformed the high-income cohort at its restaurants, CEO Scott Boatwright said…

For the first time this year, low-income consumers during the quarter outperformed the high-income cohort at its restaurants, CEO Scott Boatwright said.

FTC and 20 states sue Dollar General, alleging retailer overcharged shoppers

Oct 28, 13:23 UTC • www.cnbc.com
TL;DR: The Federal Trade Commission and 20 states have filed a lawsuit against Dollar General, claiming the retailer has charged customers more than advertised prices…

The Federal Trade Commission and 20 states have filed a lawsuit against Dollar General, claiming the retailer has charged customers more than advertised prices.

Why China is desperate to ship cars outside of the country

Oct 28, 13:17 UTC • www.cnbc.com
TL;DR: Autumn has traditionally been the peak time to buy vehicles in China, but this year many showrooms are empty or shut…

Autumn has traditionally been the peak time to buy vehicles in China, but this year many showrooms are empty or shut.

Boeing says it won't significantly ramp up 737 Max production until late 2027

Oct 27, 20:32 UTC • www.cnbc.com
TL;DR: Boeing is set to brief investors on its aircraft production outlook when it reports quarterly results before the market opens Tuesday…

Boeing is set to brief investors on its aircraft production outlook when it reports quarterly results before the market opens Tuesday.

GM will switch to Nasdaq from the NYSE on Nov. 17

Oct 27, 20:15 UTC • www.cnbc.com
TL;DR: GM expects to keep its “GM” ticker symbol, and the company says shareholders do not need to take action because of the transfer…

GM expects to keep its “GM” ticker symbol, and the company says shareholders do not need to take action because of the transfer.

JetBlue stock surges as company outlook calms investors

Oct 27, 20:13 UTC • www.cnbc.com
TL;DR: JetBlue Airways is in the middle of a plan that aims to cut costs and increase premium revenue…

JetBlue Airways is in the middle of a plan that aims to cut costs and increase premium revenue.

Honda warns 50% Canada auto tariffs would be catastrophic for industry

Oct 27, 17:53 UTC • www.cnbc.com
TL;DR: President Donald Trump has threatened to double tariffs on Canadian vehicles and parts from 25% to 50% if a trade deal is not reached between the two countries…

President Donald Trump has threatened to double tariffs on Canadian vehicles and parts from 25% to 50% if a trade deal is not reached between the two countries.

UPS beats quarterly expectations, raises full-year guidance again

Oct 27, 15:29 UTC • www.cnbc.com
TL;DR: UPS beat Wall Street expectations for its third-quarter results and raised its full-year guidance for the second quarter in a row…

UPS beat Wall Street expectations for its third-quarter results and raised its full-year guidance for the second quarter in a row.

Fewer people are flying as airfare soars. Here's why airlines aren't worried

Oct 24, 15:53 UTC • www.cnbc.com
TL;DR: Airlines are reporting fewer people flew in the third quarter as airfare surged on fuel costs, but executives say travelers are mostly swallowing higher fares…

Airlines are reporting fewer people flew in the third quarter as airfare surged on fuel costs, but executives say travelers are mostly swallowing higher fares.

Why popular airplanes are getting scrapped years early

Oct 24, 15:18 UTC • www.cnbc.com
TL;DR: Airplanes are getting dismantled for parts years ahead of schedule because engines and other components are in short supply…

Airplanes are getting dismantled for parts years ahead of schedule because engines and other components are in short supply.

American Express is cutting 5% of its workforce to 'prepare for AI'

Oct 23, 18:57 UTC • www.cnbc.com
TL;DR: Amex, which reported third-quarter results earlier Friday, is taking a $336 million restructuring charge in the quarter, CEO Stephen Squeri said Friday…

Amex, which reported third-quarter results earlier Friday, is taking a $336 million restructuring charge in the quarter, CEO Stephen Squeri said Friday.

Restaurant earnings will test whether owning more brands pays off

Oct 23, 13:55 UTC • www.cnbc.com
TL;DR: Shares of companies with multiple restaurant brands like Brinker and Darden are outperforming single-chain stocks like McDonald's and Chipotle…

Shares of companies with multiple restaurant brands like Brinker and Darden are outperforming single-chain stocks like McDonald's and Chipotle.

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