Business
Stellantis to offer broad buyouts to U.S. salaried workers, warns of possible layoffs
DETROIT — Automaker Stellantis plans to once again reduce its U.S. employee headcount through a broad voluntary buyout, as the company attempts...
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Starbucks is reeling as customers go elsewhere, sales decline
Starbucks on Tuesday reported quarterly revenue that missed analysts’ expectations as both its U.S. and international cafes faced weaker demand. Shares of the...
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Family offices are giving top staff equity, profit shares in battle for talent
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the...
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AT&T, other phone companies sued over stolen nude images could face liability after court ruling
Wireless providers including T-Mobile, AT&T and Verizon have faced a string of lawsuits in recent years from women who allege retail employees stole intimate images...
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McDonald’s says $5 value meal sales are hot as consumers feel ‘pinch’ of inflation
McDonald’s ‘$5 Meal Deal’ appears to be bringing back bargain-hungry customers amid broadly higher post-pandemic food prices. The fast-food giant...
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Apple releases first preview of its long-awaited iPhone AI
Apple on Monday released the first version of Apple Intelligence, its suite of artificial intelligence features that will improve Siri, automatically...
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The first Fed interest rate cut in years is on the horizon. Here’s what you need to know.
The Federal Reserve is poised to make the first interest rate cut in years this fall, which can influence mortgage rates to go...
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U.S. airlines cut growth plans in a bid to stem profit-eating fare discounts
U.S. airlines are reducing their capacity through the end of the year in a bid to cool an oversupplied domestic market that...
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Tesla recalls 1.8 million vehicles over unlatched hood issue
Tesla has issued a recall for more than 1.8 million vehicles after it received reports that the hoods on some...
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The housing crunch is still squeezing buyers — but not as badly in these swing-state counties
Homes are getting less affordable for buyers all over the country — including in places where the 2024 presidential race...
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