Breaking News: Business

Cosmetics giant Estee Lauder is in the process of a multiyear turnaround plan that's expected to cost between $1.2 billion and $1.6 billion.The move comes after the company's stock has tumbled more than 80% from its all-time high of…

2025 Cadillac Escalade IQMichael Wayland / CNBCSAN FRANCISCO — Cadillac expects roughly one of every three vehicles it sells in the U.S. this year to be all-electric models, as the automaker continues to expand its EV lineup despite…

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., speaks during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Tuesday, March 18, 2025. David Paul Morris | Bloomberg | Getty ImagesGeneral…

A Taco Bell fast-food restaurant and drive-thru at dusk in Gastonia, North Carolina.Jeff Greenberg | Universal Images Group | Getty ImagesTwo chipmakers are teaming up.Yum Brands is partnering with tech giant Nvidia to accelerate the use…

Frontier Airlines took a swipe at Southwest Airlines' plan to start charging for seat assignments and checked luggage by doing the opposite.Budget carrier Frontier said customers can receive a bundle that includes a seat assignment and a…

NASA astronauts Butch Wilmore, left, and Suni Williams pose inside the hatch connecting Boeing's Starliner to the International Space Station onNASAThe two U.S. astronauts who had been at the International Space Station for nine months…

Cans of Poppi soda are displayed inside of a store on March 17, 2025 in New York City. Spencer Platt | Getty Images News | Getty ImagesPepsiCo said Monday that it is buying prebiotic soda brand Poppi for nearly $2 billion.While soda…

Forever 21 filed for bankruptcy protection for the second time in six years on Sunday and blamed fast-fashion e-tailers Shein and Temu for its demise. The retailer's operating company is expected to cease all operations in the U.S. and…

Consumers spent at a slower-than-expected pace in February, though underlying readings indicated that sales still grew at a solid pace despite worries over an economic slowdown and rising inflation.Retail sales increased 0.2% on the…

Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022.Chris Ratcliffe | Bloomberg via Getty ImagesSwedish fintech firm Klarna will be the exclusive provider of buy now, pay later loans for…