Christina Cheddar Berk is assistant managing editor of Enterprise coverage at CNBC Digital. Before joining CNBC, she was a special writer at Dow Jones Newswires and a guest columnist for the Wall Street Journal. Cheddar Berk was part of a team of reporters who received a Society of American Business Editors and Writers award for breaking news coverage. She also has worked as an associate editor for "The World Almanac" and an assistant editor for "Funk & Wagnalls New Encyclopedia."
The department store chain also reaffirms its previous financial outlook for fiscal 2018.
Schultz's extensive interview with CNBC followed his decision Monday to step down as executive chairman of Starbucks later this month.
General Motors said Thursday that the SoftBank Vision Fund plans to invest $2.25 billion in GM Cruise Holdings, further boosting the automaker's efforts with autonomous vehicle technology.
Sears has shuttered hundreds of stores over the years as part of its cost-cutting efforts.
Both Bushes told the author of 'The Last Republicans' that they did not vote for Trump.
The USS Indianapolis was destroyed by a Japanese submarine on July 30, 1945.
UnitedHealth tapped its president, David Wichmann, to replace its current CEO, Stephen Hemsley, effective Sept. 1.
Dick's Sporting Goods says weakness in hunting and licensed apparel, among other factors, hurt its results.
Several Chipotle customers were sickened at a Virginia restaurant and testing last week confirmed that the illness was norovirus.
Amazon shares once again cross the $1,000 mark after the company reported its third annual Prime Day event was its "biggest sales day ever."