Tiger Woods and TaylorMade have made it official. The golf great has agreed to create a new apparel and footwear performance and lifestyle brand with the Carlsbad, California company following his recent split with Nike. The brand, Sun Day Red, will be available first only online beginning in May. “Life changes and this is important … Read more
Carl Icahn at the 6th annual CNBC Institutional Investor Delivering Alpha Conference on September 13, 2016. Heidi Gutman | CNBC Activist investor Carl Icahn on Monday reported a nearly 10% stake in JetBlue Airways, saying the airline stock is undervalued. Shares of JetBlue spiked more than 15% in extended trading. Icahn amassed the stake in … Read more
A JetBlue Airways plane prepares to depart New York’s LaGuardia Airport. Leslie Josephs/CNBC In the 24 years since JetBlue Airways‘ first flight, the New York-based airline has pushed the envelope for a carrier of its size. Now, with some veteran executive hires and cost-cutting, it’s trying to get back to basics. JetBlue was a pioneer in seat-back … Read more
Your eyes aren’t fooling you — your car repair bill really is getting more expensive. Several factors are pushing costs up: heavier, more complex vehicles, new materials and manufacturing methods, a worsening dearth of talented technicians and pandemic-induced supply shortages. “Customers definitely are getting sticker shock,” said David Goldsmith, who owns Urban Classics, a repair … Read more
Amtrak trains travel through Washington, DC, on September 15, 2022. Stefani Reynolds | AFP | Getty Images As domestic travel rebounds from pandemic lows and prices soar, some travelers opting for trains over planes. For many, the tradeoffs are simple: Trains are often cheaper, provide more leg room and are better for the environment than … Read more
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible. Here is Friday’s edition. We came … Read more
Jakub Porzycki | Nurphoto | Getty Images Temu, the controversial Chinese e-commerce giant looking to take on Amazon, is returning to the big game on Sunday with a Super Bowl ad that lawmakers are calling on Paramount Global and CBS not to run. The company, owned by PDD Holdings, skyrocketed to prominence last year after … Read more
YouTuber Deestroying and NFL Commissioner Roger Goodell presenting at YouTube’s Brandcast in May 2023. Credit: YouTube YouTube bet big on the NFL to boost its subscriber base, and content creators have been key to that push. After YouTube committed $2 billion per year to secure the rights to NFL Sunday Ticket, YouTube TV grew from … Read more
The NFL isn’t just the most popular sports league in the U.S., it’s also the most valuable with the highest-rated programming and the priciest ad time. In 2021 the league signed an estimated $110 billion worth of media deals covering 11 years, which reportedly was nearly double the value of its previous contracts. “If you’re … Read more
Pepsi bottles are seen at the grocery store in Las Vegas, United States on November 17, 2023. Jakub Porzycki | Nurphoto | Getty Images PepsiCo on Friday reported mixed quarterly results as North American demand for its food and drinks weakened. Shares of the company fell more than 2% in premarket trading. Here’s what the … Read more
