Business

Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Billionaire investor Carl Icahn has started a proxy fight with McDonald’s over the fast food giant’s treatment of pigs, pushing for two board seats at the global fast food giant. McDonald’s said Sunday in a release that…

In this article GM TSLA General Motors had to temporarily drop heated seats as an option on vehicles in response to the chip shortage. But the largest U.S. automaker is not alone. The move is another sign of how automakers are having to respond to a crisis that has been cratering dealer inventory, spiking prices…

DENVER — The Denver Broncos are up for sale, and a group of crypto enthusiasts is aiming to raise more than $4 billion using a decentralized autonomous organization, or DAO, to make it their own. You can think of a DAO like a group of individuals acting in concert with no single leader. Unlike a…

A woman walks by a Family Dollar store on December 11, 2018 in the Brooklyn borough of New York City. Spencer Platt | Getty Images Discount chain Family Dollar is voluntarily recalling several of its products that shipped to more than 400 stores in the South after a U.S. Food and Drug Administration investigation uncovered…

In 2020, the onset of the coronavirus pandemic changed the way many Americans worked, as companies closed their doors to limit workplace contamination. The uncertainty around Covid-19 caused people to seek hope in religion and spirituality, resulting in an industry boom. For many Black women, like Shontel Anastasia, the current spiritual boom is not only…

Bill Gates said Friday that the risks of severe disease from Covid-19 have “dramatically reduced” but another pandemic is all but certain. Speaking to CNBC’s Hadley Gamble at Germany’s annual Munich Security Conference, Gates, co-chair of the Bill & Melinda Gates Foundation, said that a potential new pandemic would likely stem from a different pathogen…

Mexican avocados are seen for sale at a market in Mexico City on February 15, 2022. Pedro Pardo | AFP | Getty Images The U.S. Department of Agriculture announced Friday that imports of Mexican avocados could resume after a brief pause. A week ago, one of the USDA’s Animal and Plant Health Inspection Service inspectors…

In this article MAT HAS Mattel Barbie brand dolls are arranged for a photograph in Tiskilwa, Illinois, U.S., on Monday, April 16, 2018. Bloomberg | Getty Images With its toy business on better footing, Mattel said Friday it is looking to further expand its presence into other segments like apparel, digital gaming and filmmaking. The…

In this article WMT A shopper wearing a protective mask shops in a Walmart store on May 18, 2021 in Hallandale Beach, Florida. Joe Raedle | Getty Images Walmart Chief Financial Officer Brett Biggs said shoppers aren’t trading down to cheaper brands, buying smaller packs or skipping over discretionary items — but said they are…

A COVID-19 testing location is shown set up on the sidewalk in downtown Los Angeles, California, November, 16, 2021. Mike Blake | Reuters California on Thursday laid out a plan that manage Covid as a permanent aspect of life, anticipating future surges and new variants that may require public health measures such as facemasks depending…

In this article TSLA Elon Musk, chief executive officer of Tesla Inc., waves while departing court during the SolarCity trial in Wilmington, Delaware, U.S., on Tuesday, July 13, 2021. Al Drago | Bloomberg | Getty Images Tesla CEO Elon Musk accused the Securities and Exchange Commission of harassment in a calculated effort to “chill” his…

Stephen Dickson, administrator of Federal Aviation Administration (FAA) nominee, speaks during a Senate Commerce, Science & Transportation confirmation hearing in Washington D.C., May 15, 2019. Stefani Reynolds | Bloomberg | Getty Images Federal Aviation Administrator Steve Dickson, who headed the agency in the wake of two fatal Boeing 737 Max crashes, resigned on Wednesday, effective…