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Jeanie Buss opposes Lakers stake sale to Bob Iger, Joshua Kushner
Minority owner Jeanie Buss of the Los Angeles Lakers and her husband, Jay Mohr, prior a first round NBA playoffs game between the Lakers and the Minnesota Timberwolves at Crypto.com Arena in Los Angeles, April 19, 2025.Keith Birmingham |…
GM makes $4.5 billion parts deal to bolster supply chain
DETROIT — General Motors has reached a unique, multibillion-dollar parts deal as it aims to preserve cash and prevent supply chain disruptions like ones that have hit the global automotive industry this decade.In a public filing Tuesday,…
Monterey Car Week auctions could hit a record $500 million
A 1996 McLaren F1 GTR.Crystal Lau | CNBCA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions,…
Disney CEO Josh D’Amaro tous parks ‘surprise’ in last quarter,…
Disney CEO Josh D'Amaro told CNBC's Julia Boorstin on Friday that the company's parks division was a "big surprise" last quarter and that he feels confident about the company's trajectory during his first few months at the top of the…
This family office is designed to make money fast — and give it away
Giorgos Tsetis, co-founder and former CEO of Nutrafol.Courtsey of Giorgos TsetisA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. …
Home Depot CEO Ted Decker taking temporary medical leave
Home Depot CEO Ted Decker is taking a "temporary medical leave of absence" for the next few months and the company has appointed two top deputies to lead until he returns, the retailer announced Wednesday. Ann-Marie Campbell, Home…
Why JPMorgan is investing big in the 2028 LA Olympics
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the Pennsylvania Defense and Innovation Summit in Carlisle, Pennsylvania, July 15, 2026.Tom Brenner | Bloomberg | Getty ImagesLOS ANGELES — For years, JPMorgan…
Nvidia, Wall Street asset managers partner on $500B AI push
NVIDIA Corp. CEO Jensen Huang speaks during a joint press conference with representatives of Fujitsu Ltd., FANUC Corp. YASKAWA Electric Corp. and Kawasaki Heavy Industries Ltd. on July 16, 2026, in Tokyo, Japan. Tomohiro Ohsumi | Getty…
American Airlines will stop upgrading some flyers on long flights
An American Airlines Boeing 737-823 passneger aircraft moves along the tarmac at Chicago O'Hare International Airport (ORD) on August 23, 2024 in Chicago, Illinois. Daniel Slim | AFP | Getty ImagesAmerican Airlines elite frequent flyers…
Sweetgreen cuts full-year outlook as cyclospora fears weigh on sales
Pedestrians pass by a Sweetgreen restaurant on Aug. 4, 2026 in San Francisco, California.Heather Diehl | Getty ImagesSweetgreen on Thursday cut its full-year outlook and is now projecting steeper same-store sales declines due to diner…