Business

General Motors unveiled redesigned versions of the Chevrolet Suburban (pictured) and Chevrolet Tahoe on Dec. 10, 2019 in Detroit. Michael Wayland / CNBC DETROIT – General Motors unveiled new versions of its highly-profitable Chevrolet full-size SUVs Tuesday night that are larger, more tech-advanced and offer a wider range of choices for customers. Profits from the
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A customer pulls into a McDonald’s restaurant in Shepherdsville, Kentucky. Luke Sharrett | Bloomberg | Getty Images McDonald’s black franchisees are choosing to leave the chain as the disparity in performance between their restaurants and their white counterparts grows, Business Insider reported Monday. The average cash flow of black franchisees is much less than the
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Anna in “Frozen II.” Disney With Sunday’s estimates, Disney is now a breath away from hauling in $10 billion globally from its 2019 box office titles. As “Frozen II” continues to dominate the box office, both domestically and internationally, Disney’s tally for the year hovers around $9.9 billion, according to data from Comscore. This record
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Robinhood grew its user based tenfold in about three years by bringing in younger generations to the finance world, co-CEO of the mobile stock trading app, Vladimir Tenev, told CNBC’s Jim Cramer on Wednesday. The start-up earlier that day announced that it has registered more than 10 million accounts to its platform, up from 1 million
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Amazon has removed a selection of items that displayed images of Auschwitz and other Nazi concentration camps. The products’ removal followed a tweet on Sunday from Poland’s Auschwitz Memorial, the museum that preserves the site of the former German Nazi concentration camp. The tweet stated: “Selling ‘Christmas ornaments’ with images of Auschwitz does not seem
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Anna and Olaf from from Disney’s “Frozen II,” voiced by Kristen Bell and Josh Gad. Disney Disney has put another feather in its cap this weekend. “Frozen II” continued to dominate the box office, hauling in $124 million domestically during the five-day Thanksgiving holiday weekend. The animated feature outpaced 2013’s “Hunger Games: Catching Fire” to
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A group of Black Friday online shopping purchases photographed in delivery boxes filled with polystyrene packing pellets, taken on September 13, 2019. Future Publishing | Future | Getty Images Black Friday shoppers spent $7.4 billion online, the second largest Internet shopping day ever, according to data compiled by Adobe Analytics. The $7.4 billion marked the
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Portrait of small business owner MoMo Productions | Taxi | Getty Images American Express created Small Business Saturday in 2010 to try to encourage shoppers to support local retailers, but a new CNBC/SurveyMonkey Small Business Survey shows waning enthusiasm for the day. The survey, conducted Nov. 20–22, surveyed 2,397 Americans nationwide across all age demographics.
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Mindy Grossman Olivia Michael | CNBC Shortly before graduating from college, WW CEO Mindy Grossman changed the course of her entire life. Grossman, who’s been ranked among Forbes’ 100 most powerful women in multiple years, was on a completely different trajectory as she neared her graduation from George Washington University in the mid-1970s. From the
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