Levi Strauss CEO Michelle Gass was out for a run in San Francisco last March when she first heard the song “Levii’s Jeans” from Beyonce’s latest album, “Cowboy Carter.” “Literally, I got chills,” Gass recounted to CNBC, adding the name-check represented a “once in a lifetime” marketing opportunity she couldn’t afford to squander. “She is one…
U.S. Treasury Secretary Scott Bessent speaks onstage during The New York Times DealBook Summit 2025 at Jazz at Lincoln Center on December 03, 2025 in New York City. David Dee Delgado | Getty Images Entertainment | Getty Images More CNBC coverage on U.S. economy The latest report on inflation, delayed by the government shutdown, showed…
A container is offloaded from the Wanhai 175 cargo ship at the Tan Vu Terminal, operated by Vietnam Maritime Corp., at Haiphong Port in Haiphong, Vietnam, on Wednesday, Jan. 15, 2025. Bloomberg | Bloomberg | Getty Images The proportion of volume from suppliers in China, Hong Kong, and Korea has declined from 90% to 50% over…
A man walks past movie posters at at AMC Theater in Montebello, California on May 5, 2025. Frederic J. Brown | AFP | Getty Images Movie theater operators woke up Friday to the possibility of a new world order. Netflix and Warner Bros. Discovery announced a deal for the streaming giant to acquire WBD’s film…
The Trump administration views the proposed $72 billion deal for Netflix to acquire Warner Bros. Discovery‘s film and streaming assets with “heavy skepticism,” a senior administration official told CNBC’s Eamon Javers on Friday morning. Netflix said Friday that it would acquire Warner Bros.’ film studio and streaming service, HBO Max. The deal is subject to…
A Southwest plane and baggage carts at Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, U.S., on Monday, Dec. 27, 2021. Elijah Nouvelage | Bloomberg | Getty Images The Trump administration said it will forgive the last $11 million of a civil fine against Southwest Airlines that stems from the carrier’s 2022 holiday meltdown that…
Jodie Foster, Billie Perkins, and Robert De Niro perform a scene in Taxi Driver directed by Martin Scorsese in 1976 in New York, New York. Michael Ochs Archives | Moviepix | Getty Images In the dwindling days of the California gold rush, the wife of a local miner faced a problem. Her husband’s denim work…
Health and Human Services Secretary Robert F. Kennedy Jr.’s handpicked vaccine committee voted on Friday to do away with the long-standing, universal recommendation that all babies receive a hepatitis B shot at birth, issuing weaker guidance for certain infants. The group, called the Advisory Committee on Immunization Practices, or ACIP, recommended that parents use individual…
Davide Bonaldo | Lightrocket | Getty Images The New York Times on Friday filed a lawsuit against Perplexity, alleging the artificial intelligence startup has illegally copied and distributed its copyrighted content. The suit, filed in the Southern District of New York, accuses Perplexity of unlawfully scraping The Times’ stories, videos, podcasts and other content to…
Amazon made plenty of news this week — from advances in the cloud business to questions about its partnership with the U.S. Postal Service — leaving investors with a lot to digest. The flurry of headlines comes at the end of a challenging year. The e-commerce and cloud giant’s stock is up 4.6%, compared to…
