Business

Eli Lilly‘s first-quarter earnings missed expectations Thursday, but the pharmaceutical company raised its full-year guidance. Before the earnings release, the company also reported positive data on its weight loss drug tirzepatide. Eli Lilly’s stock closed nearly 4% higher at $390.35 a share. The company’s revenue fell 11% compared with the same quarter last year, due

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT Mary Barra, chief executive officer of General Motors Co., during the South by Southwest festival in Austin, Texas, March 14, 2023. Jordan Vonderhaar | Bloomberg | Getty Images DETROIT — Doubts are creeping in on Wall Street about the rest of 2023 for General Motors.

In this article GTN Follow your favorite stocksCREATE FREE ACCOUNT A general view during the second half in Game Two of the NBA Finals between the Milwaukee Bucks and the Phoenix Suns at Phoenix Suns Arena on July 08, 2021 in Phoenix, Arizona. Christian Petersen | Getty Images Arizona’s professional men’s and women’s basketball teams

In this article BBBY Follow your favorite stocksCREATE FREE ACCOUNT A closed Bed Bath & Beyond store in San Francisco, California, US, on Monday, April 24, 2023.  David Paul Morris | Bloomberg | Getty Images In strip malls across the country, Bed Bath & Beyond stores have “Closing Soon” signs. For other retailers, those may

In this article GPS Follow your favorite stocksCREATE FREE ACCOUNT The Gap logo is displayed at a Gap store in Los Angeles, April 25, 2023. Mario Tama | Getty Images Gap will lay off about 1,800 employees, more than three times as many as the 500 layoffs it announced in September, as part of a

In this article MAT HAS Follow your favorite stocksCREATE FREE ACCOUNT Game maker Hasbro Justin Sullivan | Getty Images Toymaker stocks rallied Thursday after rivals Hasbro and Mattel posted quarterly results and offered optimistic comments about how their intellectual property will boost their businesses. Hasbro shares spiked more than 13% Thursday after the toymaker reported

In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT A bird flies by in the foreground as a Southwest Airlines jet comes in for a landing at McCarran International Airport on May 25, 2020 in Las Vegas, Nevada. Ethan Miller | Getty Images Southwest Airlines lost $159 million in the first quarter as the

In this article FOXA Follow your favorite stocksCREATE FREE ACCOUNT Tucker Carlson speaks during the Politicon conference in Los Angeles, October 21, 2018 Rich Polk | Getty Images Tucker Carlson broke his silence on Wednesday night, two days after his unceremonious exit from Fox News. The right wing former primetime TV host, however, did not

Musician Ed Sheeran was in court this week to deny claims that his 2014 song “Thinking Out Loud” is a copy of Marvin Gaye’s 1973 classic “Let’s Get it On.” The high-profile copyright case was brought by the heirs of Ed Townsend, who co-wrote “Let’s Get It On” with Gaye. The plaintiffs first filed the

In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Margot Robbie will star as Barbie in an upcoming movie from Mattel and Warner Bros. Mattel | Warner Bros. LAS VEGAS – Let’s go, Barbie. Warner Bros. Discovery put the forthcoming film at the center of its CinemaCon studio presentation on Tuesday, with executives —

In this article CMG Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians wearing protective masks walk in front of a Chipotle restaurant in San Francisco, California, April 19, 2021. David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by better than expected

In this article BVNRY BAVA-DK Follow your favorite stocksCREATE FREE ACCOUNT A health care worker prepares a dose of the JYNNEOS Monkeypox vaccine at a pop-up vaccination clinic in Los Angeles, California, on August 9, 2022. Patrick T. Fallon | AFP | Getty Images The maker of the mpox vaccine is looking at ways to

In this article PEP Follow your favorite stocksCREATE FREE ACCOUNT Pepsi sodas displayed for purchase at a Walmart SuperCenter on December 06, 2022 in Austin, Texas. Brandon Bell | Getty Images PepsiCo on Tuesday boosted its outlook for the year as it posted earnings and revenue that beat expectations. Here’s what the company reported compared with

In this article CMCSA WBD Follow your favorite stocksCREATE FREE ACCOUNT (L-R) Michael Cavanagh, then-chief financial officer of Comcast, talks with Brian Roberts, chief executive officer of Comcast, as they arrive for the annual Allen & Company Sun Valley Conference, July 9, 2019 in Sun Valley, Idaho. Drew Angerer | Getty Images As the shock

Television anchor Don Lemon arrives at the 2022 Robert F. Kennedy Human Rights Ripple of Hope Award Gala at the Hilton Midtown in New York City on December 6, 2022. Angela Weiss | AFP | Getty Images CNN fired anchor Don Lemon on Monday after 17 years at the network, in the wake of sexist

In this article WBD NFLX Follow your favorite stocksCREATE FREE ACCOUNT Getty Images A decade ago, then-Netflix chief content officer — and now co-CEO — Ted Sarandos told GQ, “The goal is to become HBO faster than HBO can become us.” But, to quote HBO’s “The Wire,” “The thing about the old days: they the

In this article CMCSA Follow your favorite stocksCREATE FREE ACCOUNT Jeff Shell, CEO of NBCUniversal, walks to lunch at the Allen & Company Sun Valley Conference on July 07, 2022 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Jeff Shell left his role as NBCUniversal CEO on Sunday after he admitted an “inappropriate relationship”

In this article BBBY Follow your favorite stocksCREATE FREE ACCOUNT A “Store Closing” banner on a Bed Bath & Beyond store in Farmingdale, New York, on Friday, Jan. 6, 2023. Johnny Milano | Bloomberg | Getty Images Bed Bath & Beyond on Sunday filed for Chapter 11 bankruptcy protection after it failed in several last-ditch

An Ikea store stands in Brooklyn on April 20, 2023 in New York City. In its biggest investment in a single country, IKEA stores owner Ingka Group announced that it will spend 2 billion euros ($2.2 billion) expanding in the United States over the next three years.  Spencer Platt | Getty Images Ikea will invest

In this article F Follow your favorite stocksCREATE FREE ACCOUNT DEARBORN, Mich. — New video footage of a fire involving a Ford F-150 Lightning this year highlights a growing concern around electric vehicles: volatile fires from the batteries that power them. The previously unreleased footage, which CNBC obtained through Michigan’s Freedom of Information Act from