Nike and Kohl’s may not be winning on Wall Street, but a wide set of consumers still consider them to be the best in their categories, according to a consumer sentiment survey released Thursday.  The Consumer Sentiment Index from consulting firm AlixPartners asked 9,000 fashion shoppers from Gen Z to boomers about the factors that drive their purchasing decisions and...

Warren Buffett is worried about a rise in impersonators looking to capitalize on his name by purporting to be him recommending an investment product or political candidate on social media. So much so that Berkshire Hathaway made the rare move of adding a statement on the matter to the front page of its website. The statement reads: “In light of...

Boeing has already braced investors for a rough quarterly report. Now, new CEO Kelly Ortberg has the chance to share his vision for the troubled manufacturer, from a potential strike-ending labor agreement to a slimmed-down future. When he takes the mic for his first earnings call as Boeing’s CEO on Wednesday, more than 32,000 striking machinists will start voting on a...

Amazon is shutting down a service that offers same-day delivery from mall and brick-and-mortar retailers, CNBC has learned. The company has stopped any new development of the service, called Amazon Today, and will begin to wind it down, according to two people with knowledge of the matter. The people asked not to be named because they were not...

DETROIT — Investors misinterpreted a public offering last week by Lucid Group that raised roughly $1.75 billion — and led to the stock’s worst daily performance in nearly three years — CEO Peter Rawlinson told CNBC. Rawlinson said the raise, which included a public offering of nearly 262.5 million shares of its common stock, was a timely, strategic business...

Elon Musk, his car company, Tesla, and Warner Bros. Discovery were sued Monday over their alleged artificial intelligence-fueled copyright infringement of images from the film “Blade Runner 2049” to promote Tesla’s robotaxi concept. The lawsuit by the movie’s producer, Alcon Entertainment, says that the mega-billionaire Musk and the other defendants requested permission to use “an iconic still image” from “Blade Runner...

Four-figure checks tend not to fall out of the sky. But a group of e-cigarette users are suddenly finding themselves with a little extra cash, thanks to a massive class action settlement involving one of America’s tobacco giants. In online forums and on social media this week, users of Juul Labs nicotine products have been...

Disney has tapped James Gorman to replace Mark Parker as the company’s next chairman, effective in January, as the media giant lays the groundwork to name a successor for CEO Bob Iger in early 2026, the company said Monday. Gorman joined Disney’s board less than a year ago and was named the head of the succession planning committee in August....

Chicken sandwiches, waffle fries, milkshakes — and now TV shows and podcasts? Chick-fil-A plans to launch a new app on Nov. 18, with a slate of original animated shows, scripted podcasts, games, recipes and e-books aimed at families. While it’s an unusual move for a restaurant company to wade into the crowded media world, Chick-fil-A...

Boeing and its machinists’ union have reached a new contract proposal, the union said Saturday, outlining a deal that could end a more than month-long strike that has hobbled the manufacturers’ aircraft production. The ratification vote is set for Wednesday. The new proposal includes 35% wage increases over four years, a higher signing bonus of $7,000, guaranteed minimum payouts...