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Stellantis unveils Jeep Cherokee as brand tries to reverse declines
Jeep is rolling out a freshly designed model after six consecutive years of annual sales declines.The Stellantis automaker unveiled a new Jeep Cherokee on Thursday, the latest move to try to jump-start sales. It's the first Jeep hybrid…
New Target CEO Michael Fiddelke faces challenges
People walk by a Target store in midtown Manhattan in New York City, March 21, 2025.Kylie Cooper | ReutersWhen Target's new CEO Michael Fiddelke steps into the role in early February, he will inherit a company facing slumping sales,…
McDonald’s, Dunkin’, Starbucks, Dutch Bros release new drinks
If it feels like there are a lot of new drinks on restaurant menus, it's because there are.Driven by younger consumers who crave customized, cold beverages, chains from Dunkin' to Dutch Bros, Starbucks and McDonald's are answering the…
California passes bill to give insurance interest to homeowners
An aerial view of properties cleared of wildfire debris which burned in the Eaton Fire on July 03, 2025 in Altadena, California.Mario Tama | Getty Images News | Getty ImagesThe California state legislature passed a bill Monday that…
AI in apartment market is taking over work orders, lease renewals and more
Angel Santana Garcia | Istock | Getty ImagesA version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from…
Gallagher taps pro athletes for summer insurance internships
Insurance firm Gallagher is tapping into a new kind of summer intern: professional athletes.Last year, the insurance giant expanded its internship program to offer positions to pro athletes, giving them a pathway to prepare for life…
Summer travel isn’t as easy as it used to be for airlines
A passenger looks at aircrafts at Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia on July 2, 2025. Charly Triballeau | AFP | Getty ImagesMaking money in the summer is not as easy as it used to be for…
Tapestry (TPR) Q4 2025 earnings
People walk past a Coach store on Madison Avenue in New York. Carlo Allegri | ReutersShares of Coach and Kate Spade parent Tapestry plunged Thursday after the company said tariffs will bite into its profits even as sales grow.The…
Walmart expands employee discount on groceries
Groceries are seen at a Walmart supermarket in Houston, Texas, on May 15, 2025.Ronaldo Schemidt | AFP | Getty ImagesAs tariffs spark worries of higher prices, Walmart is dangling more discounts for its own employees.The largest private…
Cava (CAVA) Q2 2025 earnings
Customers arrive at a Cava restaurant in New York City on June 22, 2023.Brendan Mcdermid | ReutersCava on Tuesday lowered its full-year forecast for same-store sales growth after a disappointing second quarter.For the full year, Cava now…