Business

The documentary “Melania” had a $7 million domestic opening

0 CommentsBusiness

🔥 Discover this insightful post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: Posters for the documentary "Melania" featuring US First Lady Melania Trump are displayed at a New York City subway station, in New York, US, January 14, 2026. Jenna Moon | ReutersAmazon "Melania" grossed $7 million at the domestic box office during its debut this weekend, the highest opening for a non-music documentary in more than a decade.Documentaries are not typically major drivers of ticket sales, with the majority of releases over the past 10 years opening to less than $5 million and grossing $10 million…

Read More

Disney (DIS) Q1 2026 earnings

0 CommentsBusiness

🔥 Read this trending post from Business News 📖 📂 **Category**: ✅ **What You’ll Learn**: Walt Disney Company signs on the ground at the New York Stock Exchange (NYSE) in New York, US, on Monday, September 29, 2025. Michael Nagel | Bloomberg | Getty ImagesDisney The company reported quarterly revenues and profits on Monday that beat analysts' expectations, boosted by its theme parks, resorts and cruises segment. The Trials unit posted quarterly revenue of more than $10 billion for the first time, Chief Financial Officer Hugh Johnston told CNBC. Disney's domestic theme parks posted revenue of $6.91 billion, while its…

Read More

The Kraft Heinz and Kellogg spin-off shows that big food companies are getting smaller

0 CommentsBusiness

🚀 Read this trending post from Business News 📖 📂 **Category**: 📌 **What You’ll Learn**: Kraft Heinz has announced plans to split into two separately traded companies, reversing its blockbuster merger in 2015, which was orchestrated by billionaire investor Warren Buffett. Justin Sullivan | Getty Images News | Getty ImagesBig Food is slimming. As consumers and regulators push back against ultra-processed foods, the companies that make them have split up or divested popular brands. last year, Unilever She split her ice cream business into Magnum Ice Cream Company. Kraft Heinz The company is preparing to separate later this year, undoing…

Read More

Eli Lilly CEO David Rex talks about Medicare coverage of obesity pills

0 CommentsBusiness

💥 Discover this insightful post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: Eli Lilly Upcoming Medicare coverage for obesity drugs could be a major catalyst for the rollout of an experimental weight-loss pill the company is closely monitoring, orforglipron, Chief Executive Dave Rex said Friday.In an exclusive interview with CNBC, Rex said Lilly expects to gain Medicare coverage for the treatment "right after this launch, and that will change the game a little bit as well." That's because many patients currently pay cash for a competitor, he said Novo NordiskGLP-1 pills for obesity. That launched earlier this…

Read More

GameStop CEO Ryan Cohen is targeting a huge deal for consumers

0 CommentsBusiness

🔥 Discover this trending post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: GameStop It wants to acquire a publicly traded consumer company much larger than the video game retailer in a deal that could be "transformational" for the company, CEO Ryan Cohen told CNBC in an interview on Friday."It's going to be really big. Very big. Very, very big," Cohen said of the size of the acquisition. "It's transformative. Not just for GameStop, but ultimately, within the capital markets...and this is something that has never happened before in the history of the capital markets."Cohen declined to specify…

Read More

American Express wants more credit card spenders

0 CommentsBusiness

💥 Explore this must-read post from Business News 📖 📂 **Category**: ✅ **What You’ll Learn**: American Express announces the new Platinum Business Card.Courtesy: American ExpressAmerican Express I've found that even for wealthy credit card providers, it pays to focus on the highest levels.The company recently shifted marketing dollars to its revamped Platinum card, which carries an $895 annual fee, and away from its no-fee cash back cards, CEO Stephen Squirre told analysts Friday after the company reported fourth-quarter results.Doing so helps boost overall spending levels as premium consumers continue to thrive, a tactic that leads to increased fee revenue from…

Read More

New cars are increasingly becoming a luxury amid K-shaped economic concerns

0 CommentsBusiness

🚀 Explore this trending post from Business News 📖 📂 **Category**: 📌 **What You’ll Learn**: A General Motors Chevrolet Blazer electric car at a dealership in Colma, California, January 23, 2026.David Paul Morris | Bloomberg | Getty ImagesDETROIT – American consumers are facing a crossroads when it comes to the American auto industry. Affluent buyers are buying new cars at increasingly higher prices, while lower-income buyers continue to purchase used models.The trend is a growing concern for auto industry executives and fuels concerns that American consumers are facing a "K"-shaped economy, in which the wealthy continue to see gains while…

Read More

The successes of the franchise continue to decline, which affects the box office

0 CommentsBusiness

🔥 Check out this insightful post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: Moviegoers will find a wealth of familiar franchises on the big screen this year. That may not be enough to save the box office. Newcomers from the popular film series are dominating the film slate over the next 12 months. The 2026 schedule includes releases from Star Wars, Marvel, DC Comics, Toy Story and Super Mario Bros. Hunger Games, Scream, Scary Movie, Minions, Dune, and Jumanji. Intellectual property such as well-established franchises have long been an important part of Hollywood, but they are becoming…

Read More

Eli Lilly plans to build a $3.5 billion factory in Pennsylvania to produce obesity drugs

0 CommentsBusiness

✨ Read this insightful post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: Lilly President and CEO Dave Ricks speaks during an Eli Lilly and Company news conference in Houston, Texas, U.S., September 23, 2025. Antranik Tavityan | ReutersEli Lilly It said Friday it will spend more than $3.5 billion to build a manufacturing plant in Pennsylvania's Lehigh Valley that will help make the next generation of obesity drugs.This includes a closely watched experimental drug called retatrotide, which showed the highest weight loss seen to date for any treatment in a late-stage trial. This is the fourth facility…

Read More

Market contracts to predict Super Bowl ads raise insider trading concern

0 CommentsBusiness

✨ Explore this trending post from Business News 📖 📂 **Category**: ✅ **What You’ll Learn**: Detailed view of the Super Bowl LX logo on a Santa Clara Valley Transit Authority (VTA) light rail car on December 29, 2025 in Santa Clara, California.Aaron M. Sprecher | Getty Images Sport | Getty ImagesA version of this article first appeared in the CNBC Sport Newsletter with Alex Sherman, bringing you the biggest news and exclusive interviews from the world of sports business and media. subscription To receive future issues, directly to your inbox.For many Americans, the best part of the Super Bowl is…

Read More