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$25,000 bare-bones EV pickup truck will be profitable
LOS ANGELES — Electric vehicle startup Slate Auto expects to defy challenging market conditions and avoid the losses its peers have seen by profitably selling a highly customizable EV that starts at just under $25,000.Slate CEO Peter…
PGA Tour CEO Brian Rolapp unveils sweeping changes to pro golf
Brian Rolapp, CEO of the PGA TOUR, speaks, during an announcement of a new competitive model to the PGA TOUR, prior to Travelers Championship at TPC River Highlands on June 23, 2026 in Cromwell, Connecticut.Ben Jared | PGA Tour | Getty…
Lucid to lay off roughly 18% of U.S. workforce
Lucid electric vehicles are seen at the New York International Auto Show on April 2, 2026.Danielle DeVries | CNBCLucid Group said Monday it is cutting its U.S. workforce by approximately 18% as part of a cost-savings plan.The…
Target, Walmart and Amazon losing LGBTQ+ consumer spending
LGBTQ+ consumers are shifting their brand loyalties based on companies' diversity, equity and inclusion policies, according to new research from the Human Rights Campaign Foundation. The findings released Wednesday found that nearly 72%…
Carvana new sales strategy turns dealership into ‘playground’
Carvana's new vehicle franchise for Stellantis includes personalised displays and a vehicle "playground" for consumers for each of its core U.S. brands.Courtesy CarvanaDALLAS — Carvana is aiming to bring its online strategy for selling…
Bob Iger on Shanghai Disneyland as it defies the Chinese pullback
Spend a day at Shanghai Disneyland and you wouldn't know Chinese consumers are struggling.Wang Jiandong and his girlfriend Yan Xu said they have been skipping meals out and scrimping on day-to-day necessities so they could afford to…
California IPO tax windfall: Factors complicating the equation
The iconic Golden Gate Bridge and the stunning San Francisco skyline as seen from the Marin Headlands during the vibrant spring season.Dan Kurtzman | Moment | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth…
Huntington’s disease drugmaker UniQure to seek FDA OK for gene therapy
Thomas Fuller | SOPA Images | Lightrocket | Getty ImagesUniQure plans to seek FDA approval of its experimental gene therapy for Huntington's disease, the company said Wednesday, months after previous agency leaders criticized the…
General Motors announces new defense partnership with Lockheed Martin
Automaker General Motors on Tuesday announced a new partnership with defense company Lockheed Martin to scale manufacturing and expand production capabilities.The deal was facilitated by the U.S. Department of Defense, according to Bruce…
Fox to buy Roku for $22 billion
The electronic news ticker of Fox News reads headlines at the News Corp. Building in the Midtown Manhattan area of New York City, U.S., July 20, 2025.Eduardo Munoz | ReutersFox Corp. has reached an agreement to acquire Roku for roughly…