Moderna shares plunge after cancer vaccine data leaks — despite positive results
Moderna released full data on its closely watched cancer vaccine developed with Merck.
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Comcast beats earnings expectations as media revenue offsets weakness in connectivity
Comcast is in the process of spinning off its media business into a separate publicly traded company.
Read full article →Elon Musk invests about $1 billion in Skydance
David Ellison's father, billionaire and Oracle co-founder Larry Ellison, has a history with Musk.
Read full article →David's Bridal plans to spin off AI platform Pearl into publicly traded company
David's Bridal told CNBC exclusively that it's planning to spin off its AI platform, Pearl, into a stand-alone publicly traded company.
Read full article →Pepsi renews contract with Taco Bell days after KFC switches to Coke in the U.S.
Taco Bell is sticking with longtime beverage supplier PepsiCo, even though sister chain KFC defected to Coca-Cola.
Read full article →Cruise lines chase luxury travelers with suites for up to $25,000 a night
CNBC got a tour of the Regent Suite, a top-of-the-line offering on Regent's Seven Seas Splendor that goes for $15,000 a night.
Read full article →American Airlines forecasts bigger loss in 2026 on fuel spike, plans to slow growth next year
It's the fourth major U.S. carrier to cut its 2026 forecast this month because of a spike in fuel costs.
Read full article →Procter & Gamble earnings beat as sales rise 4%, boosted by laundry and home products
Procter & Gamble topped Wall Street's estimates for its quarterly earnings and revenue.
Read full article →Southwest Airlines cuts 2026 profit forecast on higher fuel
Southwest Airlines became the third major U.S. airline this month to cut its 2026 profit forecast due to higher fuel prices.
Read full article →American Express brings Airbnb bookings and rewards to Amex Travel platform
More than 1 million Airbnb listings are now available to book through Amex Travel, allowing customers to earn membership points on prepaid bookings.
Read full article →Elon Musk in a post on X says some of his Trump posts ‘went too far’ and that he regrets them
Read full article →Bank of England decision on Thursday will be at 12:02 p.m. local time instead of 12 p.m., due to VE Day’s two minutes of silence
Read full article →Swiss National Bank cuts interest rates by a half point to 0.5%
Read full article →Dollar jumps 0.5% to 0.8890 francs
Read full article →Germany flash manufacturing PMI rises to 4-month high of 43.2
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