Disney reported quarterly revenue and earnings on Monday that topped analyst expectations, lifted by its theme parks, resorts and cruises segment. The experiences unit reported more than $10 billion in quarterly revenue for the first time, CFO Hugh Johnston told CNBC. Disney’s domestic theme parks recorded $6.91 billion in revenue, while its international parks reported…
Movie posters for the documentary “Melania” featuring U.S. first lady Melania Trump are displayed in a New York City subway station, in New York, U.S., Jan. 14, 2026. Jeenah Moon | Reuters Amazon’s “Melania” earned $7 million at the domestic box office during its debut this weekend, the highest opening for a non-music documentary in…
Guests at the Fendi Dallas Highland Park Village Boutique in Dallas, Texas. Rick Kern | Getty Images Entertainment | Getty Images In today’s K-shaped economy, lower-income consumers headed out to shop may be hitting Dollar General or a post-bankruptcy Big Lots, but affluent Americans are increasingly headed for the shopping center private club. Membership clubs are…
For most of the past two decades, the majority of electric vehicle-related investments have gone to Republican-led districts, especially in the Southeast. With the industry pulling back from electric cars and trucks, the fate of those investments is now an open question. Automakers and battery makers invested more $200 billion in EV and battery manufacturing…
Latin America’s media landscape is being reshaped by a new suite of entertainment producers, as short drama platforms, often with business ties to China, command an increasingly large share of the region’s video streaming market. According to market intelligence firm Sensor Tower‘s State of Mobile 2026 report published last week, demand for short dramas is…
A General Motors Co. Chevrolet Blazer electric vehicle at a dealership in Colma, California, Jan. 23, 2026. David Paul Morris | Bloomberg | Getty Images DETROIT — American consumers are hitting a fork in the road when it comes to the U.S. automotive industry. Affluent buyers are purchasing new vehicles at increasingly higher prices, while…
Bitcoin signage in Times Square in New York, Dec. 9, 2025. Michael Nagle | Bloomberg | Getty Images Bitcoin, Ethereum, and Solana slumped on Saturday as retail traders digested a busy market week that saw wild swings in commodities and a long-awaited announcement by President Donald Trump on his choice for the next Federal Reserve…
Travelers wait in a long security line at John Wayne Airport in Santa Ana, California, May 7, 2025. Allen J. Schaben | Los Angeles Times | Getty Images Travelers, be warned: Starting Feb. 1, you may need to pay a fee of $45 or more for going through airport security checkpoints without a Real ID…
Kraft Heinz announced plans to split into two separately traded companies, reversing its 2015 megamerger, which was orchestrated by billionaire investor Warren Buffett. Justin Sullivan | Getty Images News | Getty Images Big Food is slimming down. As both consumers and regulators push back against ultra-processed foods, the companies that make them have been splitting…
GameStop wants to acquire a publicly traded consumer company that’s far larger than the video game retailer in a deal that could be “transformational” for the company, CEO Ryan Cohen told CNBC in an interview Friday. “It’s gonna be really big. Really big. Very, very, very big,” Cohen said of the size of the acquisition….
