Apple reports blowout quarter, booking more than $100 billion in revenue for the first time

Apple delivered its largest quarter by revenue of all time on Wednesday at $111.4 billion in its first-quarter…

Tesla misses on earnings, expects 50% average annual growth in deliveries going forward

Tesla reported earnings after the bell and it's a miss on earnings, but another profitable quarter…

HHS misused millions in health emergency funds over years, watchdog says

The U.S. Department of Health and Human Services building in Washington.Caroline Brehman | CQ-Roll Call, Inc.…

Levi’s holiday-quarter sales fall 12%, despite online gains

Levi's clothes are seen on a store shelf in Miami, Florida.Joe Raedle | Getty ImagesLevi Strauss…

Biden suspends oil and gas leasing in executive action

US President Joe Biden speaks on climate change, creating jobs, and restoring scientific integrity before signing…

GameStop analyst calls stock surge a pyramid scheme and says nobody cares about his $16 price target

Pedestrians pass a GameStop store in New York.Scott Mlyn | CNBCAfter 19 years covering GameStop, Wedbush's…

Chamath Palihapitiya slams California governor Gavin Newsom

Tech investor Chamath Palihapitiya continued to stoke speculation about whether he would run for California governor…

Why you’re about to see even more of your favorite films from the ’80s and ’90s turned into TV shows

William Zabka and Ralph Macchio reprise their roles as Johnny Lawrence and Daniel LaRusso from the…

FDA places import alert on hand sanitizers from Mexico after discovering ‘dangerous levels’ of toxic ingredients

A health personnel dispenses hand sanitizer in Leon, Mexico.Leopoldo Smith | Getty ImagesThe Food and Drug…

Online trading app usage surges as Redditors take on Wall Street

In this photo illustration a Robinhood Markets logo seen displayed on a smartphone.Rafael Henrique | SOPA…

Boeing CEO says travel rebound will take longer because of slow vaccine rollout

Dave Calhoun, Chairman of BoeingAdam Jeffery | CNBCThe slow rollout of Covid-19 vaccine shots will prolong…

GameStop’s surge has made its 3 largest shareholders billions overnight

Call them the Reddit Rich.GameStop's parabolic stock surge over the past two weeks, driven partly by…

Hayes Barnard turns Loanpal into billion-dollar lender after SolarCity

Loanpal CEO Hayes BarnardLoanpalFor his second act in solar power, entrepreneur Hayes Barnard is aiming to…

HBO Max activations double to 17.2 million in fourth quarter

Gal Gadot stars as Wonder Woman in "Wonder Woman 1984."Warner Bros."Wonder Woman 1984" helped double the…

CBS has sold virtually all of its commercial time for the Super Bowl

Promo for Frito-Lay Super Bowl commercial.Frito-LayAd inventory on the Super Bowl is "virtually" sold out for…

SAP CEO says Qualtrics $1.5 billion IPO is ‘massively oversubscribed’

Christian Klein, Co-CEO of German software and cloud computing giant SAP, speaks during a press conference…

TikTok cuts jobs in India after prolonged app ban

Sheldon Cooper | LightRocket | Getty ImagesGUANGZHOU, China — ByteDance is reducing the size of its…

Ant Group IPO could resume if it resolves issues: PBOC governor

A logo of Ant Group is pictured at the headquarters of the company, an affiliate of…

GameStop jumps as Elon Musk tweets out Reddit board that’s hyping stock

Tesla CEO Elon Musk seemed to rally behind GameStop's epic surge, tweeting out a link to…

Alphabet and Facebook rise after Microsoft reports surprisingly strong advertising revenue

Microsoft CEO Satya Nadella speaks during the annual Microsoft shareholders meeting in Bellevue, Washington on November…

Amazon Echo can now make a noise like a dog barking if you’re not home — here’s how to set it up

The Amazon Echo has some new home security features that are now going live. Among other…

Walgreens taps Starbucks COO Roz Brewer as its next CEO

Starbucks Chief Operating Officer Rosalind Brewer will replace Stefano Pessina as CEO of Walgreens Boots Alliance,…

Department store chain Belk to file for Chapter 11 bankruptcy, private equity firm Sycamore to retain control

Belk department storeJohn Greim | LightRocket | Getty ImagesThe department store chain Belk announced Tuesday afternoon…

Microsoft reports 17% revenue growth as cloud business accelerates

Microsoft stock rose as much as 6% in extended trading on Tuesday after the company reported…

AMD beats, driven by game console and PC sales

Lisa Su, president and chief executive officer of Advanced Micro Devices (AMD), holds a 3rd generation…

GameStop jumps after hours as Elon Musk tweets out Reddit board that’s hyping stock

Tesla Motors CEO Elon Musk unveils a new all-wheel-drive version of the Model S car in…

Starbucks tops earnings estimates even as U.S. recovery hurt by Covid resurgence

Kevin Johnson, CEO, StarbucksScott Mlyn | CNBCStarbucks on Tuesday reported that its U.S. same-store sales fell…

Top-tier mall values have dropped 45% from 2016 levels: Green Street

A visitor looks down an empty hallway at The Fashion Mall at Keystone, Wednesday, March 18,…

Department store chain Belk files for Chapter 11 bankruptcy, private equity firm Sycamore to take control

Belk department storeJohn Greim | LightRocket | Getty ImagesThe department store chain Belk announced Tuesday afternoon…

Target teams up with Levi’s for exclusive collection of home goods and more

Levi's will have a limited time collection at Target, which includes over 100 home goods, apparel…

3M CEO expects Covid demand for the company’s N95 masks to be strong throughout 2021

3M Chairman and CEO Mike Roman said Tuesday the industrial giant anticipates demand for its N95…

Tilray stock soars 10% after company tapped to provide medical cannabis in French study

A worker inspects cannabis plants inside the grow room at the Aphria Inc. Diamond facility in…

FedEx Ground CEO Maier announces retirement, company’s freight chief to fill top job

A woman walks past FedEx Corp. Ground vehicle parked in the Midtown neighborhood of New York,…

Google, Facebook, other online ad giants will see blowout Q4: Analysts

The logos of Google, Facebook, Instagram, Twitter, Snapchat and TikTok displayed on a computer screen.Denis Charlet…

Female founded SPAC Powered Brands to create beauty conglomerate

Katherine Power (left) and Dana Settle (right) formed the SPAC Powered Brands to be the next…

Cici’s files for bankruptcy as pandemic speeds the decline of the buffet

A Cici's Pizza restaurant in Buena Vista, Florida.John Greim | LightRocket | Getty ImagesBuffet chain Cici's…

Net neutrality foe and departed FCC Chairman Ajit Pai stands by repeal

Ajit PaiBrad Quick | CNBCIn one of his most memorable acts as chairman of the Federal…

Tech companies could see blowout fourth quarters for ad revenue 

The logos of Google, Facebook, Instagram, Twitter, Snapchat and TikTok displayed on a computer screen.Denis Charlet…

Beyond Meat shares soar 31% as company teams up with PepsiCo to make plant-based snacks and drinks

Patties of Beyond Meat Inc.'s plant-based burger Beyond Burger are cooked on a skillet.Yuriko Nakao |…

Etsy shares jump 9% after Elon Musk tweets he ‘kinda loves’ the e-commerce company

Executives of Etsy applaud as they open the Nasdaq MarketSite ahead of Etsy's initial public offering…

Dodge CEO says EVs can save America’s new ‘Golden Age of muscle cars’

Tim Kuniskis, head of Fiat Chrysler's passenger cars division in North America, reveals the 2021 Dodge…

J&J beats fourth-quarter earnings expectations, will release Covid vaccine data ‘soon’

Johnson & Johnson on Tuesday reported fourth-quarter earnings and revenue that beat Wall Street's expectations. The company…

Pizza Hut to launch Detroit-style pizza in bid to advance its turnaround

Pizza Hut's Detroit Double Pepperoni PizzaPizza HutPizza Hut is jumping on the Detroit-style pan pizza trend…

AstraZeneca denies its vaccine is less efficient in the elderly; battles with EU over supplies

A laboratory technicians handles vials of the University of Oxford's Covid-19 vaccine.VINCENZO PINTO | AFP |…

Tencent falls over 5% after hitting an all-time high that pushed it close to a $1 trillion valuation

WeChat mascots are displayed inside Tencent office at TIT Creativity Industry Zone in Guangzhou, China, May…

Chinese electric carmaker Xpeng rolls out autonomous highway driving features in challenge to Tesla

Xpeng CEO He Xiaopeng stands next to the company's P7 electric sedan as he addresses media…

Facebook starts rolling out Facebook News to UK users and paying publishers for content

The logos of Facebook and Google apps displayed on a tablet.Denis Charlet | AFP via Getty…

Apple taps hardware chief to lead new mystery project

Steve Proehl | Corbis Unreleased | Getty ImagesApple promoted its hardware chief, Dan Riccio, to a…

Biden bans most non-U.S. citizens from South Africa, extends Europe, UK and Brazil restrictions to curb Covid

Passengers arrive on a flight from London amid new restrictions to prevent the spread of coronavirus…

Restaurants push for access to Covid vaccine, but unlikely to require it

As the Covid vaccine rollout gains steam nationwide, restaurants are weighing options to encourage workers to…