Companies
Comcast beats earnings expectations as media revenue offsets weakness in connectivity
Comcast is in the process of spinning off its media business into a separate publicly traded company.
Earnings
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Business
Elon Musk invests about $1 billion in Skydance
David Ellison's father, billionaire and Oracle co-founder Larry Ellison, has a history with Musk.
Technology
David's Bridal plans to spin off AI platform Pearl into publicly traded company
David's Bridal told CNBC exclusively that it's planning to spin off its AI platform, Pearl, into a stand-alone publicly traded company.
AI
Business
Pepsi renews contract with Taco Bell days after KFC switches to Coke in the U.S.
Taco Bell is sticking with longtime beverage supplier PepsiCo, even though sister chain KFC defected to Coca-Cola.
Business
Cruise lines chase luxury travelers with suites for up to $25,000 a night
CNBC got a tour of the Regent Suite, a top-of-the-line offering on Regent's Seven Seas Splendor that goes for $15,000 a night.
Economy
Jobless claims near the lowest since the 1960s as low-fire trend continues
Initial filings for unemployment insurance slipped to a seasonally adjusted 194,000.
Jobs
Business
American Airlines forecasts bigger loss in 2026 on fuel spike, plans to slow growth next year
It's the fourth major U.S. carrier to cut its 2026 forecast this month because of a spike in fuel costs.
Companies
Procter & Gamble earnings beat as sales rise 4%, boosted by laundry and home products
Procter & Gamble topped Wall Street's estimates for its quarterly earnings and revenue.
Earnings
Companies
Southwest Airlines cuts 2026 profit forecast on higher fuel
Southwest Airlines became the third major U.S. airline this month to cut its 2026 profit forecast due to higher fuel prices.
Business
American Express brings Airbnb bookings and rewards to Amex Travel platform
More than 1 million Airbnb listings are now available to book through Amex Travel, allowing customers to earn membership points on prepaid bookings.