Traditionally fierce rivals, BMW and Daimler are teaming up to challenge a new wave of high-tech competitors, such as Uber and Alphabet's Waymo unit, by launching five mobility services joint ventures. » Read More
By: Sarah Whitten
While international bookmakers have long allowed Americans to bet on the Oscars, this is the first time they can legally place bets domestically. » Read More |
Packaged food is falling out of favor with consumers, and that's hurting big brands such as Kraft Heinz, General Mills and Mondelez. » Read More |
By: Dan Mangan
The 77-year-old billionaire is among more than two dozen people accused in a police sting as part of a human trafficking probe, authorities say. » Read More |
The winner of the prestigious best picture award at this year's Oscars will get a bump at the box office, but it probably won't be huge.
"The challenge for Kraft Heinz goes well beyond" the company "to what's going on with food producers ... we think the environment is just awful," Wolfe Research analyst Scott Mushkin says.
The open letter comes days before Microsoft is expected to unveil HoloLens 2, an upgraded version of its augmented reality headset, at an event Sunday.
The small-cap Russell 2000 index exited correction territory last week. It was the last of the major U.S. market indices to do so.
Three crew members spoke to CNBC about their experience.
Twitter Co-founder and former CEO Ev Williams is stepping down from the company's board after 13 years with the company.
Uncharacteristically taking the same side as Amazon, Trump called HQ2 "a big loss for New York City."
It is not clear how many victims are part of the criminal case, but prosecutors said the ages ranged from 13 to 16 years old, NBC News reports.
Outgoing AutoNation CEO Mike Jackson says investors should not buy auto stocks when the industry heads into a period of decline.
Berkshire Hathaway is in advanced discussions to sell its Applied Underwriters workers compensation unit. Buffett's efforts to divest Applied Underwriters come as one of his biggest investments, Kraft Heinz, has soured.
Kraft Heinz says it faced pressure from suppliers, delayed projects and rising costs. Investors wonder if there's a bigger problem.
VW Group posted 2018 full-year revenues of $267.5 billion on Friday.
Producers of the 20th Century Fox Television show "Empire" decided Friday to remove actor Jussie Smollett from the final two episodes of the latest season following the actor's arrest.
Americans spend more time traveling and waiting for health appointments than for any other service, according to a new analysis.
Kraft Heinz wrote down $15.4 billion in value on its Kraft and Oscar Mayer Brands in the fourth quarter. Wall Street analysts are doubting whether the company's cost-cutting strategy can work in today's competitive landscape.
The Skywalker saga may be coming to a close this year with the December release of "Star Wars: Episode IX," but that doesn't spell the end for the franchise's massive toy business.
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