Walgreens on Tuesday reported fiscal second-quarter earnings and revenue that topped expectations, as the retail drugstore giant benefits from cost cuts and prepares to go private. The company is in the process of being taken private by Sycamore Partners in a roughly $10 billion deal that is expected to close in the fourth quarter of…
Nintendo on Wednesday unveiled details for the Switch 2. It’ll include a bigger screen and controllers and is a faster version than its predecessor, which sold more than 150 million units since its 2017 release. The Switch 2 will hit store shelves on June 5 for $449.99, up from $300 for the original Switch. Like…
Starting May 7, United States flyers won’t be able to board a domestic plane unless they have a Real ID. They won’t be able to access certain federal facilities or enter a nuclear power plant. Not sure you have a Real ID? Look at your current drivers license or state identification card. If it’s Real…
The Chinese flag flies in Tiananmen square, as seen from the Great Hall of the People where meetings of the National People’s Congress continued in Beijing on March 6, 2025. Greg Baker | Afp | Getty Images China’s Commerce Ministry said it “resolutely opposes” U.S. President Donald Trump’s threat of escalating tariffs, and vowed to…
An angle view of the new Chevrolet Corvette concept car. GM DETROIT — General Motors on Monday revealed a new all-electric Chevrolet Corvette concept car as part of the opening of a new design studio in England. The car features a sleek, aerodynamic exterior that resembles a futuristic IMSA race car more than a traditional Corvette, but…
CNBC’s Jim Cramer said on Monday that although he believes an economic recession is on the horizon, investors should stay the course rather than panic and sell. President Donald Trump’s new tariffs continued to roil stocks on Monday, with the Dow Jones Industrial Average posting a record-high intraday swing of 2,595 points before closing down…
A customer checks Apple’s latest iPhone 16 Plus (right) and Apple’s latest iPhone 16 Pro Max (left) series displayed for sale at Master Arts Shop in Srinagar, Jammu and Kashmir, on Sept. 26, 2024. Firdous Nazir | Nurphoto | Getty Images President Donald Trump’s reciprocal tariffs could lead Apple to raise the price of the…
Tobias Lütke, CEO of Shopify, speaks at the Collision conference in Toronto, Canada, on May 22, 2019. David Fitzgerald | Sportsfile | Getty Images Shopify CEO Tobi Lutke is changing his company’s approach to hiring in the age of artificial intelligence. Employees will be expected to prove why they “cannot get what they want done…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday ‘ s key moments. 1. Stocks were down again on Monday in a volatile session. The S & P 500 is now 20% below its record high, signaling a bear market. The…
A tugboat pushes a barge near the U.S. Steel Corp. Clairton Coke Works facility in Clairton, Pennsylvania, on Sept. 9, 2024. Justin Merriman | Bloomberg | Getty Images President Donald Trump on Monday ordered the planned acquisition of U.S. Steel to undergo a new review after the company’s pending purchase by Japan’s Nippon Steel was…
