Stellantis CEO Carlos Tavares lost control of the automaker with 'arrogant' mistakes, sources say

Sources told CNBC that Carlos Tavares was fixated on near-term costs and profits to the detriment of the business as well as the company's products....

Women's basketball league Unrivaled signs uniform deal with Under Armour

Women's 3-on-3 basketball league Unrivaled has signed a new multiyear deal with Under Armour...

How the Olympics helped transform Salt Lake City into a tech hub

With Salt Lake City set to host the Winter Olympics again in 2034, Utah will invest $31 million in upgrades and expects billions in economic benefit. ...

Alaska Airlines plans new nonstop flights to Japan, Korea in $1 billion postmerger profit push

Alaska Airlines is launching new flights and a new premium credit card to help grow profits by $1 billion in 2027....

From 'Fortnite' to 'Hogwarts Legacy': One university fuels Utah's $2 billion video game industry

Utah's video game industry has surged more than 230% in a decade and added an estimated $2.6 billion to the state's economy in 2024....

A Florida 'condo cliff' is coming as owners deal with fallout from 2021 Surfside collapse

For some associations, the costs are in the millions of dollars, and condo owners, many of whom are retirees on fixed incomes, are on the hook....

Ex-Dodge, Ram boss Tim Kuniskis returning to Stellantis after CEO's exit

Well-known Stellantis executive Tim Kuniskis is returning to the automaker effective immediately, CNBC has learned....

Comcast shares tumble as executive calls broadband 'intensely competitive'

Comcast shares fell Monday after its cable CEO called broadband "competitively intense," and expects to lose more than 100,000 customers in the fourth quarter....

Mondelez made a takeover approach for Hershey, sources say

Hershey shares climbed as much as 15% during Monday trading after reports that Mondelez is attempting another takeover of the chocolate company....

Another activist takes aim at Macy's, seeking spending cuts and real estate restructuring

Macy's faces its fourth activist push in the last decade as it tries to turn around struggling stores....