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 Kraft Heinz on Tuesday announced that former Kellanova CEO Steve Cahillane will lead the company ahead of its planned split next year. Cahillane…
Haivivi Bubblepal, an AI toy. Courtesy: Haivivi It seems everyone is talking about artificial intelligence these days — even Ultraman. When asked if investors should be worried about an AI bubble, the new second-generation CocoMate AI-powered plush toy by Chinese company Haivivi warned about the dangers of speculation in AI stocks. “The AI market has…
Sometimes the stakes are so high, the degree of difficulty so immense, that it simply may be too hard to game. When that’s the case, no amount of formal research will help you fathom the stock implications. Yet, you have inherited the issues and they must be dealt with — or you are too at…
Holiday shopping has always felt like a “chore” for Amrita Bhasin. Between deciding what to buy, comparing prices and checking reviews, the 24-year-old retail tech CEO said she spent more than 15 hours each year buying gifts for her friends and family, a process that took the joy out of giving. But this year, Bhasin…
Cases of Pepsi soda are displayed at a Costco Wholesale store on Nov. 13, 2025 in Simi Valley, California. Kevin Carter | Getty Images One of this year’s top food trends is facing some tough competition. Protein captivated consumers and food companies in 2025, but fiber is increasingly stealing the scene as people place an…
Customers walk in the parking lot outside a Costco store on Dec. 2, 2025 in Chicago, Illinois. Scott Olson | Getty Images Costco on Thursday surpassed Wall Street’s quarterly expectations and posted year-over-year sales growth of 8.2% as the retailer attracted more digital sales and opened new locations. The warehouse club does not share a…
Packets of Walls Cornetto, Magnum and Ben & Jerry’s ice cream are displayed on March 20, 2024. John Keeble | Getty Images News | Getty Images Magnum Ice Cream Company, now the world’s largest standalone ice cream business, debuted on the Amsterdam stock exchange on Monday. The stock opened at 12.20 euros, slightly below its…
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…
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…
