Business
Red Lobster cleared to exit Chapter 11 bankruptcy
A bankruptcy court approved Red Lobster’s plan to exit Chapter 11, putting the seafood chain one step closer to exiting bankruptcy. The...
Read more
Why the LA Rams are worth $2 billion more than the LA Chargers
There is a $2 billion gulf growing in Los Angeles. The National Football League’s Los Angeles Rams, No. 2 on CNBC’s Official...
Read more
Nvidia’s $279 billion wipeout — the biggest in U.S. history — drags down global chip stocks
Global semiconductor and associated stocks fell on Wednesday, following a steep plunge in Nvidia’s share price in the U.S. overnight....
Read more
NFL season expected to spur record $35 billion in legal sports wagers
Football is back, and it’s expected to bring with it record-breaking betting. U.S. adults will wager $35 billion this NFL...
Read more
Volkswagen braces for showdown with unions after warning of possible German plant closures
German automotive giant Volkswagen is bracing for a showdown with trade unions shortly after it said it cannot rule out shutting factories in its...
Read more
NBC ripped up its Olympics playbook for 2024 — so far, the new strategy paid off
Comcast’s NBCUniversal has a longstanding bet on the Olympics, but this summer the company threw all of its resources at the...
Read more
ESPN networks, ABC and Disney channels go dark on DirecTV on a busy night for sports
ESPN has gone off the air on a major carrier for the second straight year during the U.S. Open tennis...
Read more
Home prices hit record high in June on S&P Case-Shiller Index
Even as mortgage interest rates were rising, home prices reached the highest level ever on the S&P CoreLogic Case-Shiller U.S....
Read more
Home prices hit record high in June on S&P Case-Shiller Index
Even as mortgage interest rates were rising, home prices reached the highest level ever on the S&P CoreLogic Case-Shiller U.S....
Read more
Where are low-cost airlines cutting back now? New planes.
Airlines that spent years clamoring for new jets are changing their tune. Cash-strapped, low-cost and deep discounter airlines are putting...
Read more
