Business

Shares in a little-known drone company soared Wednesday after it announced that Donald Trump Jr. had joined its advisory board. Unusual Machines, an Orlando, Florida-based firm born just two years ago as it acquired a…

Reddit is ramping up efforts to attract more users outside of the U.S., putting countries like India and Brazil in focus as it looks to unlock new advertising opportunities, a top company executive told CNBC. In…

The domestic box office is poised for its biggest Thanksgiving haul since the pandemic thanks to a Polynesian princess, a pair of witches and a revenge-fueled gladiator. Disney’s “Moana 2” is set to hit theaters Wednesday…

Shares in a little-known drone company soared Wednesday after announcing that Donald Trump Jr. had joined its advisory board. Unusual Machines, an Orlando, Florida-based firm born just two years ago as it acquired a drone…

Amazon workers in more than 20 countries, including the United States and the United Kingdom, plan to hold protests or go on strike between Black Friday and Cyber Monday, two of the marquee shopping promotions…

Many U.S. retailers are hoping to put the fall quarter behind them. The decisive outcome of this month’s presidential election, which showed a GOP sweep, seems to be giving them the fuel to do so.…

Abercrombie & Fitch isn’t giving up its crown anytime soon.  The apparel company issued strong holiday guidance on Tuesday after posting its sixth straight quarter of double-digit sales growth and another quarter of results that topped…

Walmart on Monday confirmed that it’s ending some of its diversity initiatives, removing some LGBTQ-related merchandise from its website and winding down a nonprofit that funded programs for minorities. The nation’s largest employer, which has about…

Kenneth Leech, the former co-chief investment officer of Western Asset Management Co, was charged by U.S. authorities on Monday with running a fraudulent “cherry-picking” scheme where he improperly favored some clients’ accounts over others when…

Kohl’s is getting a new CEO, its third since 2018. The off-mall department store’s current CEO Tom Kingsbury is stepping down effective Jan. 15. He will leave the position he held first on an interim basis…