A BurgerFi location is seen on August 20, 2024 in Arlington, Virginia. Tierney L. Cross | Getty Images BurgerFi filed for Chapter 11 bankruptcy protection on Tuesday, less than a month after it warned investors it had “substantial doubt” about its ability to operate. The company joins the growing list of restaurant chains that have…
As presidential nominees Vice President Kamala Harris and former President Donald Trump prepare to face off in their first debate Tuesday night, voters will be tuning in for clarity on their plans to handle issues including the economy, inflation and job growth. One sector that faces particular uncertainty after the election is clean energy, which…
Fronts of the GMC Sierra Denali, Tesla Cybertruck and Ford F-150 Lightning EVs (left to right). Michael Wayland/CNBC DETROIT – Tesla, General Motors, Rivian Automotive and Ford Motor have created a new market in the US automotive industry of pricey, powerful and precarious electric pickup trucks that sell for $100,000 or more. Just five years…
Toyota’s “We Roll Deep Anthem” spot includes fans and NFL stars “setting off on an adrenaline-packed NFL adventure.” Screenshot Automakers are rushing back into advertising during the National Football League season after a slowdown in recent years. Toyota Motor Corporation, Hyundai Motor Company and the Detroit automakers are among those expected to capitalize on the…
In this image from video provided by NASA, the unmanned Boeing Starliner capsule undocks as it pulls away from the International Space Station on Friday, Sept. 6, 2024. NASA | Via AP Boeing‘s Starliner undocked from the International Space Station on Friday, months later than the spacecraft was originally supposed to depart — and without…
A National Football League team today is a $6.5 billion business. That is the average value of the NFL’s 32 franchises, according to CNBC’s Official 2024 NFL Team Valuations. Pro football teams have been a lucrative asset for owners in the most popular US sports league: The returns they have seen on their initial investments…
Four-time NBA Champion Steph Curry is already planning for life after basketball. The 10-time NBA All-Star spoke to CNBC’s “Squawk on the Street” on Tuesday about the rest of his basketball career, his various businesses and goals for after his playing career ends. The 36-year-old Curry has a media company, Unknown Mediaand a youth golf…
Mike Tirico is seen on the set of NBCUniversal Paris 2024 Olympics coverage on August 04, 2024 in Paris, France. Kristy Sparrow | Getty Images Comcast’s NBCUniversal has a longstanding bet on the Olympics, but this summer the company threw all of its resources at the Games in a bid to grab more viewership —…
The Red Lobster logo is displayed outside of a closed restaurant in Torrance, California, on May 14, 2024. Patrick T. Fallon AFP | Getty Images Restaurant bankruptcy filings have surged so far this year, echoing a broader rise in corporate bankruptcies across sectors. At least 10 restaurant chains, not including multi-unit franchisees, have filed for…
A vial labeled “Novavax V COVID-19 Vaccine” is seen in this illustration taken January 16, 2022. Dado Ruvic | Reuters The Food and Drug Administration authorized Novavax‘s updated protein-based Covid vaccine for emergency use in people ages 12 and up on Friday, paving the way for the shot to compete with Pfizer and Modern‘s jabs…
