Amazon’s ad business grew 19% in first quarter, topping estimates
Revenue in Amazon's online ad business, which has emerged as a force in digital advertising, increased 19% in the first quarter.
CNBC › US News
refreshed
a feed from CNBC
Trump signs executive order to stop federal funding for NPR and PBS
The president said public funding of the media networks was "outdated and unnecessary but corrosive to the appearance of journalistic independence."
McDonald’s reports largest U.S. same-store sales decline since 2020
McDonald's narrowly beat on earnings per share for the first quarter, but fell short on revenue.
CVS tops estimates, hikes guidance as insurance business shows some improvement
The company now expects full-year adjusted earnings of $6 to $6.20 per share, up from a previous guidance of $5.75 to $6 per share.
CVS to boost access to Novo Nordisk's weight loss treatment Wegovy for patients on its drug plans
Starting July 1, Caremark will prioritize Wegovy on its formulary, making the weekly injection more accessible to its members.
Eli Lilly sales soar 45% on weight loss drug demand, but drugmaker cuts profit outlook after cancer treatment deal
Eli Lilly said sales of weight loss drug Zepbound and diabetes treatment Mounjaro surged in the first quarter.
GM lowers 2025 guidance, citing up to $5 billion in tariff exposure
GM on Thursday lowered its 2025 earnings guidance to include a possible $4 billion to $5 billion impact as a result of President Donald Trump's auto tariffs.
Weekly jobless claims surge to 241,000, more than expected, in latest sign of economic trouble
Initial unemployment claims posted an unexpected increase last week in a potential trouble sign for the wobbling U.S. economy.
U.S. Chamber of Commerce asks Trump for tariff exclusions to 'stave off a recession'
President Donald Trump has held up tariffs as a key tool in trade negotiations, but some analysts warn the duties are hurting business and the overall economy.
Mercedes-Benz to add new vehicle to Alabama plant amid Trump tariffs
Mercedes-Benz on Thursday said it will add a new vehicle to its plant in Alabama amid President Donald Trump's auto tariffs.