Laura Olivas | Moment | Getty Images With gas and diesel prices still elevated amid supply disruptions tied to the war with Iran, lawmakers in Congress are rolling out proposals aimed at easing the sting for household budgets. This month, House lawmakers introduced several bills that address the issue in different ways: by temporarily suspending…
McDonald’s Chris Kempczinski speaks about fresh beef expansion at a McDonald’s event in Oak Brook, Illinois. Richa Naidu | Reuters McDonald’s is expected to share more details about its new strategy to win back diners at its investor day on Wednesday in Chicago. The company unveiled its new global growth plan, called McDonald’s > NEXT,…
A person walks past a Peloton store in New York, Jan. 25, 2022. Carlo Allegri | Reuters Peloton is betting that revamped treadmills, AI and new distribution channels can bring it back to sustained growth. The connected fitness company on Tuesday unveiled three new treadmills and new features for its Peloton IQ artificial intelligence platform…
Eli Lilly CEO Dave Ricks told CNBC on Monday that 700,000 new seniors have started GLP-1 treatments since Medicare coverage of obesity drugs launched in July, and 70% of those patients are on Lilly medicines. In an exclusive interview with CNBC, Ricks called the rollout of coverage “very encouraging” so far, saying its expansion of…
Eli Lilly CEO Dave Ricks told CNBC on Monday that one-third of new GLP-1 pill patients are taking the drugmaker’s Foundayo, as the company tries to catch up to a lead in the space established by rival Novo. In an exclusive interview, he said the company’s share of the oral market is growing week over…
Paramount Skydance’s $110 billion merger with Warner Bros. Discovery will move forward as the company settled Monday with a group of state attorneys general that sought to block the deal on antitrust grounds. The lawsuit, brought by a group led by California’s Rob Bonta, was previously set to head to trial in March and would…
An equipment outage on Monday delayed hundreds of flights bound for Newark, New Jersey, and Philadelphia and forced close to 70 planes to divert to other airports. As of 1 p.m. ET, the disruptions had spread to New York City, where flights into LaGuardia Airport and John F. Kennedy International Airport were also halted by…
Thomas Barwick | Digitalvision | Getty Images The stock market boom seems to be fueling a wave of retirements. Workers age 55 and older are leaving the labor force at a rapid pace, government data shows, a trend that coincides with ballooning stock wealth fueled by euphoria over artificial intelligence. The retirement surge among these…
Nissan at the New York International Auto Show in New York City on April 2, 2026. Danielle DeVries | CNBC Nissan Motor is looking to increase its U.S. production as it launches the 2027 Rogue crossover, including with a new hybrid model that the company views as a crucial offering for American consumers. “We’re now…
Jim Nielsen puts the finishing touches on a radial arm saw at Original Saw Co. in Britt, Iowa. Photo: Jennifer Eden Fewer, pricier flights. Freight surcharges. Manufacturers hoarding inventory. Even bankruptcy. For American companies large and small, the combination of tariffs imposed under President Donald Trump‘s trade policies, surging fuel prices from the Iran war…