Breaking News: Business
- Iran is not a major oil producer, but it still moves prices. Here's why - Iran is not a major producer of oil, but the recent civil unrest there still moved markets. Here's why.
- What obesity drugmakers see next in the market: More pills, easier access and drug combinations - CNBC spoke to executives from Eli Lilly, Novo Nordisk, Pfizer and other drugmakers at the annual JPMorgan Healthcare Conference in San Francisco.
- Airlines cancel hundreds of flights as massive winter storm sweeps across U.S. - U.S. airlines canceled flights and waived change fees for travelers as a cold snap and massive winter storm were forecast to sweep across the country.
- Procter & Gamble earnings top estimates, but shrinking demand weighs on sales - Procter & Gamble topped Wall Street's estimates for its quarterly earnings, but the company's revenue was weaker than expected.
- Mortgage refinances surged again, but rates are now suddenly jumping higher - Mortgage refinancing jumped sharply higher for the second straight week, as interest rates fell further, but that boom may be about to bust.
- India’s largest company is caught in geopolitical tensions. But it faces the biggest challenge at home - The retail business is facing a slow down in sales, which has pushed brokerages to cut down on target price.
- Netflix earnings are out – here are the numbers - Netflix this week amended its offer for Warner Bros. Discovery assets amid a Paramount Skydance hostile takeover attempt.
- United Airlines could hit record earnings after strong start to 2026 - United Airlines said 2026 is off to a strong start, both for premium seats and no-frills tickets, as it reported fourth-quarter earnings.
- Disney dominated the 2025 box office. Here's how it could keep the crown in 2026 - Disney accounted for 27.5% of the domestic box office's overall annual haul. It looks to be a dominant force in 2026, too.
- Goldman Sachs CEO is looking at how the Wall Street bank can get involved in prediction markets - Goldman's interest comes as prediction markets gain visibility and debate swirls over market transparency and regulatory boundaries.