Jeff Shell leaves Paramount after allegations of SEC violations; company calls claims ‘baseless’
Paramount President Jeff Shell is leaving his position after a lawsuit accused him of violating SEC rules....
Category : Business
The U.S. housing markets where million-dollar listings are standard
Nearly all of active listings in Nantucket, Massachusetts, cost at least $1 million....
Why the U.S. Navy’s retail business is fighting Walmart and Amazon to fund its own future
The Navy runs more than 300 stores globablly but its operations are at risk because retail giants like Walmart, Amazon and Target are taking market...
Levi Strauss revenue jumps again, with DTC making up more than half of sales for the first time
Levi Strauss beat estimates on the top and bottom lines and raised its guidance, which doesn’t take into account President Donald Trump’s latest tariff rates....
Jet fuel supply concerns grow as war on Iran drags on, airlines cut flights
Fuel prices have nearly doubled in the U.S. since the United States and Israel attacked Iran....
Iran war upends spring housing market. Here’s what real estate agents are seeing
Home buyers in the first quarter were more concerned about the economy and mortgage rates than they were about home prices, CNBC’s Housing Market Survey...
Trump administration finalizes better-than-feared Medicare Advantage payment rate in boost to health insurers
The Trump administration will increase average Medicare Advantage payments by 2.48%, or more than $13 billion, in 2027....
JPMorgan CEO Jamie Dimon in annual letter cites risks in geopolitics, AI and private markets
JPMorgan CEO Jamie Dimon in his annual letter to shareholders noted the country’s 250th anniversary and called for a broad recommitment to American ideals....
The Chinese box office isn’t the Hollywood kingmaker it used to be. Here’s why
Shifting government content controls and postpandemic Hollywood trends have made China less of a player in the global box office landscape....
Trump tariff fallout: Some industries grapple with lingering effects one year later
A year after his “liberation day,” Trump’s trade war has reshaped how companies in industries such as retail and autos are modeling economic and policy...