Tag: Breaking News: Business
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Pepsi renews contract with Taco Bell days after KFC switches to Coke in the U.S.
Taco Bell is sticking with longtime beverage supplier PepsiCo, even though sister chain KFC defected to Coca-Cola.
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FIFA launches tender of 2030 men’s World Cup U.S. media rights, plans to choose winner by end of year
FIFA is formally auctioning its U.S. media rights and wants bids by Nov. 19.
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Comcast beats earnings expectations as media revenue offsets weakness in connectivity
Comcast is in the process of spinning off its media business into a separate publicly traded company.
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Procter & Gamble earnings beat as sales rise 4%, boosted by laundry and home products
Procter & Gamble topped Wall Street’s estimates for its quarterly earnings and revenue.
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American Airlines expects deeper 2026 loss on pricier fuel despite record revenue
It’s the fourth major U.S. carrier to cut its 2026 forecast this month because of a spike in fuel costs.
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David’s Bridal plans to spin off AI platform Pearl into publicly traded company
David’s Bridal told CNBC exclusively that it’s planning to spin off its AI platform, Pearl, into a stand-alone publicly traded company.
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Anthropic announces preview of Claude Duet, a personal AI agent to take on Muse, Dots
Claude Duet follows the launch of competing products from Meta and OpenAI, which have shown traction with users.
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Southwest Airlines cuts 2026 profit forecast on higher fuel
Southwest Airlines became the third major U.S. airline this month to cut its 2026 profit forecast due to higher fuel prices.
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Netflix has dipped its toe into theatrical. Is it ready to jump in?
Co-CEO Ted Sarandos has said the streamer needs new avenues for growth and to improve execution around its content strategy.
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GM aims to develop vehicles in as little as two years with AI, software push
General Motors is targeting a roughly two-year vehicle development cycle as it expands its use of artificial intelligence, simulation and vehicle software.
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