cnbc.com / .cnbc-com-business / Page 7

Comcast is in the process of spinning off its media business into a separate publicly traded company.

Procter & Gamble topped Wall Street's estimates for its quarterly earnings and revenue.

American Airlines expects deeper 2026 loss on pricier fuel despite record revenue

David's Bridal told CNBC exclusively that it's planning to spin off its AI platform, Pearl, into a stand-alone publicly traded company.

Southwest Airlines became the third major U.S. airline this month to cut its 2026 profit forecast due to higher fuel prices.

Co-CEO Ted Sarandos has said the streamer needs new avenues for growth and to improve execution around its content strategy.

General Motors is targeting a roughly two-year vehicle development cycle as it expands its use of artificial intelligence, simulation and vehicle software.

EBay will lay off 9% of its workforce, or about 1,000 employees, as it works to focus on its "top strategic priorities."

Broadcast TV is set to capture nearly half of political advertising spending ahead of the midterm election as local stations benefit from record spending.

Wall Street's Big Three have generated $52 billion in equity trading revenue this year, capturing about 80% of the market on rising margin lending to hedge funds.