Lamborghini unveils Revuelto SV, its most powerful production car ever
Lamborghini's Revuelto SV is a limited-edition V12 hybrid with over 1,050 horsepower, a 2.4-second 0-to-100 kph time and a $741,172 starting price.
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I drove Tesla FSD, Rivian Autonomy+ ‘hands-free’ driving systems. Here’s how they compare
Rivian is trying to catch up to Tesla's "hands-free" capabilities, but with additional safety guardrails that the Elon Musk company doesn't have.
Group including Jeff Bezos buys minority stake in Liverpool FC, with option to become controlling owner
The group that includes Jeff Bezos has an option to become the majority shareholder within the next year.
Disney CEO Josh D'Amaro tells CNBC parks were 'big surprise' in last quarter, company has 'clarity' and 'stability'
New CEO Josh D'Amaro has said his strategy for continued growth at Disney is centered around storytelling, intellectual property and technology.
Housing investors say this is their worst market in at least 3 years
Mortgage rates hit a recent low at the end of February but rose sharply at the start of the war with Iran. They are now at their highest level in over a year.
The ‘20% rule’ behind Giorgos Tsetis’ blueprint for a new kind of family office
Family offices are built to be patient with their money. Giorgos Tsetis is not.
Monterey Car Week auctions could hit a record $500 million, with help from younger buyers
A new generation of millennials and Gen Zers is taking over the collecting market from baby boomers and bidding up modern supercars at Monterey Car Week.
Wendy's stock jumps on report of potential takeover bid from Nelson Peltz's Trian Fund Management
Peltz's relationship with Wendy's dates back to an activist campaign he led more than two decades ago.
Bob Iger, Joshua Kushner buy Los Angeles Lakers at a $12.5 billion valuation, source says
Venture capital founder Joshua Kushner and former Disney CEO Bob Iger acquire Mark Walter's stake in Los Angeles Lakers at valuation of more than $12 billion.
Home Depot CEO taking temporary medical leave, two top execs to run the retailer
Home Depot's CEO, Ted Decker, is taking a temporary medical leave of absence that's expected to last a few months.
GM reaches up to $4.5 billion parts deal designed to avoid supply chain troubles
The deal follows years of global automotive supply chain issues for GM and other companies.
Why Jensen Huang’s $500 billion AI financing plan faces a big risk from China
Nvidia CEO Jensen Huang is pitching GPUs as long-term collateral to unlock $500 billion in funding. The question is how fast will his chips depreciate?
Why JPMorgan is investing big in the 2028 LA Olympics
JPMorgan is making a nine-figure bet as the Olympics Games' first-ever global banking partner.
Invitation Homes CEO says ban on institutional homebuying will bring down prices, but not immediately
The CEO of the nation's largest single-family rental landlord said the new law banning large-scale investors from the market will lower prices in the long term.
Trump wants to split the MMR vaccine. Experts say that's unlikely — and comes with consequences
Doctors and other experts say that splitting the measles, mumps and rubella shot has no scientific basis and is unlikely to get off the ground.
Baby products company Frida is expanding into kids’ personal care
Baby products company Frida is launching a new category of personal care items for kids, tapping into a growing market and largely untapped space.
Boeing sells eVTOL subsidiaries, takes stake in Archer
Boeing is selling three of its subsidiaries to Archer Aviation in exchange for a stake in the eVTOL startup.
HHS moves to tighten oversight of food ingredients as safety concerns mount
HHS moves to tighten oversight of food ingredients and define ultra-processed foods as food safety concerns raise questions about FDA visibility.
Cyclospora fears lead consumers to lose their appetite for salads
Traffic to salad chains has fallen as consumers avoid greens due to the ongoing cyclospora outbreaks across the U.S.
Shein faces existential threat as tariffs hit low-price model, putting new focus on services
Shein has won over consumers with its low prices but is now seeing shoppers flee after new tariffs and changing regulations forced it to raise prices.
Rockstar Energy founder builds Celsius stake, wants to take over as CEO
Rockstar Energy founder Russ Savage told CNBC he now controls 12 million shares of Celsius Holdings, amounting to roughly 4.7% of the energy drink company.
Burger King overtakes Wendy's as the nation's second-largest burger chain
Burger King is once again the second-largest burger chain in the U.S. by system-wide sales.
Companies scoff at airlines' cheapest business class tickets. 'The real value is flexibility'
Some companies plan to shun the cheapest business- and premium- economy fares from their executives.
Sweetgreen cuts full-year outlook as cyclospora fears weigh on sales
The salad chain has not been implicated in the ongoing cyclospora outbreak.
American Airlines will stop upgrading elite flyers to business from coach on long domestic flights
American Airlines will no longer give elite frequent flyers free upgrades from economy class to business on some of its longest domestic routes
Savers Value Village thrift store launches new AI tool to price items
Savers Value Village is launching a new AI pricing tool to keep product prices consistent and low, the company told CNBC exclusively.
Fox won't renegotiate NFL media rights before current deal expires, CEO Lachlan Murdoch says
Fox has decided not to renegotiate its current TV deal with the NFL until the expiration of the league's opt-out clause in 2030, said CEO Lachlan Murdoch.
Shaquille O'Neal says WNBA players' treatment of Caitlin Clark is a rite of passage
Harsh fouls against Clark and WNBA officiating have fueled a national debate, with some lawmakers demanding accountability from the league.
The divide between Eli Lilly and Novo Nordisk is widening after their latest earnings
As Lilly widens its lead in the obesity race, Novo is still racing to win back market share and restore investor confidence in its pipeline.
Ford's new 'Fathom' electric pickup truck will start at $28,000
It's the first vehicle to be built using the "Universal Electric Vehicle" platform that Ford has said is key to making money with EVs.