Wall Street extends winning run

Wall Street extends winning run

Traders work the floor of the New York Stock Exchange on August 16, 2024.  Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you … Read more

Boeing pauses tests of 777X aircraft after finding damage to one of the jets structures

Boeing pauses tests of 777X aircraft after finding damage to one of the jets structures

A Boeing 777x aircraft during an aerial display on the opening day of the Farnborough International Airshow in Farnborough, UK, on Monday, July 18, 2022. Jason Alden | Bloomberg | Getty Images Boeing said Monday that it has paused flight tests of its 777X after it found damage in a structure of one of the … Read more

Some families say back-to-school shopping will put them in debt

Some families say back-to-school shopping will put them in debt

A Target store in Queens, New York. Lindsey Nicholson | UCG | Universal Images Group | Getty Images The back-to-school shopping season is in full swing, with the hefty bills to prove it. Nearly one-third — 31% — of back-to-school shoppers said that buying supplies for the new year will put them into debt, according to a … Read more

California retail crime laws aim to crack down on organized rings

California retail crime laws aim to crack down on organized rings

Governor Newsom signed into law the most significant bipartisan legislation to crack down on property crime at a Home Depot store in San Jose, California, United States on August 16, 2024.  Tayfun Coskun | Anadolu | Getty Images California Gov. Gavin Newsom has signed 10 new bills into law that aim to combat retail crime … Read more

GM reveals GMC Yukon ‘AT4 Ultimate’ to expand reach of high-end SUVs

GM reveals GMC Yukon ‘AT4 Ultimate’ to expand reach of high-end SUVs

2025 GMC Yukon AT4 Ultimate GMC DETROIT — General Motors is expanding its high-end GMC Yukon lineup to include a new “AT4 Ultimate” model as part of updates to the large SUV for the 2025 model year. The new model will slate in between the luxury “Denali” and “Denali Ultimate” models. The automaker declined to … Read more

GM lays off more than 1,000 salaried software and services employees

GM lays off more than 1,000 salaried software and services employees

A General Motors sign is seen during an event on January 25, 2022 in Lansing, Michigan. – General Motors will create 4,000 new jobs and retaining 1,000, and significantly increasing battery cell and electric truck manufacturing capacity. Jeff Kowalsky | AFP | Getty Images DETROIT – General Motors is laying off more than 1,000 salaried … Read more

CNBC Daily Open: Wall Street’s ‘dress rehearsal’

CNBC Daily Open: Wall Street’s ‘dress rehearsal’

Traders work the floor of the New York Stock Exchange on August 16, 2024.  Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you … Read more

CNBC Daily Open: Wall Street ‘dress rehearsal’

CNBC Daily Open: Wall Street ‘dress rehearsal’

Traders work the floor of the New York Stock Exchange on August 16, 2024.  Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you … Read more

Incoming Starbucks CEO Brian Niccol may target mobile app

Incoming Starbucks CEO Brian Niccol may target mobile app

Mobile order and Uber Eats and Doordash delivery pick up area at Starbucks coffee shop, Queens, New York.  Lindsey Nicholson | UCG | Universal Images Group | Getty Images It’s become a familiar sight at Starbucks cafes: a counter crowded with mobile orders, frustrated customers waiting for the drinks they ordered and overwhelmed baristas trying … Read more

Why Walgreens, CVS retail pharmacies are struggling

Why Walgreens, CVS retail pharmacies are struggling

The abundance of Walgreens and CVS Health stores makes them convenient for whenever Shriya Raghavan, a research associate based in Philadelphia, needs to pick up necessities like gum, deodorant and soap.  But she said she often has to wait for employees to unlock cabinets or stand in lengthy lines to pick up prescriptions as pharmacists … Read more