The Lululemon logo can be seen on a store in Manhattan. Sven Hoppe | Picture Alliance | Getty Images Activist investor Elliott Investment Management has built a stake of more than $1 billion in Lululemon Athletica and is bringing a potential CEO candidate to the table, a person familiar with the matter told CNBC. Lululemon’s […]
Activist Elliott builds Lululemon stake, suggests CEO candidate Read More »
It’s time for everyone’s favorite holiday tradition — CNBC’s annual anonymous media executive predictions! CNBC spoke with 16 of the most powerful and influential executives in U.S. media, sports and entertainment, who all offered a prediction for the year ahead, under the condition of anonymity so they could speak freely and make bold bets. This
2026 media predictions from 16 anonymous executives Read More »
The economy cabin of American Airlines A321XLR. Leslie Josephs/CNBC American Airlines on Thursday flew the first customers on a skinny, long-range plane that it hopes will change air travel. The airline’s head of network planning now has to decide where else it should fly. The first Airbus A321XLR for a U.S. airline took off from
Here’s what’s inside American’s new long-range Airbus A321 XLR Read More »
American Airlines Grant Baldwin | Getty Images American Airlines customers flying on basic economy fares will no longer earn frequent flyer miles or points toward elite status, the carrier said this week. “We routinely evaluate our fare products to remain competitive in the marketplace. Customers who purchase a Basic Economy ticket on December 17, 2025 and
American Airlines no longer lets basic economy flyers earn miles Read More »
U.S. President Donald Trump sits in the Oval Office to sign executive orders, at the White House in Washington, D.C., U.S., Dec. 18, 2025. Evelyn Hockstein | Reuters President Donald Trump signed an executive order Thursday directing federal agencies to reclassify marijuana, loosening long-standing restrictions on the drug and marking the most consequential shift in
Trump reclassifies cannabis to Schedule III, easing weed restrictions Read More »
President Donald Trump’s new “Gold Card” visa program uses a novel definition of wealth as a job skill to allow the overseas wealthy to bypass immigration rules and secure citizenship, according to immigration attorneys. Trump last week announced the start of applications for the “Trump Gold Card,” a new investment visa for foreign nationals. In
Trump ‘Gold Card’ visa defines wealth as an ‘extraordinary ability’ Read More »
A shopper carries Nike bags in San Francisco, California, US, on Wednesday, Dec. 17, 2025. David Paul Morris | Bloomberg | Getty Images Nike shares fell more than 10% in premarket trading on Friday morning, as concerns about its performance in China outweighed the sportswear giant’s earnings beat. On Thursday, Nike posted quarterly earnings and
Nike (NKE) stock falls after Q2 2026 earnings Read More »
UnitedHealthcare sign is displayed at its office building in Minnetonka, Minnesota, U.S., Dec. 11, 2025. Tim Evans | Reuters UnitedHealth Group on Friday released the first results from a sprawling independent audit of its business practices and committed to a wide range of steps to track and implement improvements in three specific areas. The health-care
UnitedHealth Group releases results of independent audit Read More »
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The strength in the classic-car market is expected to continue in 2026 as a new generation of collectors revs up demand, said the
Classic-car auctions hit $4.8 billion this year, set for strong 2026 Read More »
Still from Disney’s “Avatar: Fire and Ash.” Disney Disney and James Cameron’s third Avatar movie, “Avatar: Fire and Ash,” hit theaters Thursday, snapping up $12 million in early preview screenings domestically. The second installment in the film series, “The Way of Water,” had a better start and tallied $5 million more in its Thursday preview
Fire and Ash’ tops $12 million in Thursday previews Read More »
