Luxury stocks fall as Iran war weighs on earnings; Hermes sinks 8%
A woman walks in front of the Gucci store on Fifth Avenue in Trump Tower on February 24, 2021 in
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Retail industry
Why the U.S. Navy’s retail business is fighting Walmart and Amazon to fund its own future
In the rural plains of Northern Poland, at a remote base surrounded by farmland and pine forest, some 150 U.S.
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Starbucks to award bonuses to baristas, expand tipping to promote turnaround efforts
A Starbucks barista fulfills an order in a South Philadelphia store. Mark Makela | Reuters Starbucks will award baristas and
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Trump tariff fallout: Some industries grapple with lingering effects one year later
A year after President Donald Trump declared his “liberation day” and imposed sweeping tariffs on imports, kicking off a wave
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Constellation Brands, U.S. maker of Modelo and Corona, withdraws 2028 guidance due to
Modelo beer is displayed on a shelf at a Safeway store on Oct. 6, 2025 in San Anselmo, California. Justin
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Levi Strauss revenue jumps again, with DTC making up more than half of sales for the first
Levi Strauss saw another quarter of strong sales, helped in part by higher prices, and direct-to-consumer sales made up more
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McCormick buys Unilever’s food business in deal that values it at nearly $45 billion
McCormick will buy Unilever’s food business for a combination of cash and equity, in a deal that values the Unilever
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Logan Paul sold a Pokémon card for more than $16 million. Here’s why investors are watching
Pokémon cards aren’t just childhood collectibles anymore. Some owners are increasingly treating the popular 1990s and 2000s trading cards like
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Nike shares fall 9% on weak outlook, expected 20% sales decline in China
A Nike logo is displayed at a Nike store in Austin, Texas, Feb. 5, 2026. Brandon Bell | Getty Images
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Major outgoing CEOs are citing AI as a factor in their decisions to step down
Two major CEOs told CNBC in recent months that the rise of artificial intelligence contributed to their decisions to hand
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