Nvidia Corp., the chipmaker at the heart of an artificial intelligence boom, delivered a revenue forecast that failed to meet the highest expectations, suggesting that the company’s dizzying growth run has its limits.

Fiscal fourth-quarter sales will be about $37.5 billion, Nvidia said in a statement Wednesday. Though the average analyst ...Read more

Apple Inc. argued in federal court that a U.S. judge should dismiss the Justice Department’s antitrust lawsuit at an early stage because it failed to state how the iPhone maker’s alleged monopoly has harmed any consumers or developers.

The suit accuses the iPhone maker of violating antitrust laws by blocking rivals from accessing hardware ...Read more

General Mills Inc. is planning to engage federal officials over potential restrictions on food dyes that it uses in some of its cereals, as Robert F. Kennedy Jr., the nominee to run the Department of Health and Human Services, calls for them to be removed.

“Because this is always an evolving space, we work in close partnership with ...Read more

NEW YORK — Delta Air Lines is doubling down on its focus on premium travelers and courting customers who are willing to pay for extra services.

The growing wealth of high-income travelers is driving demand for more premium services, according to Delta.

The Atlanta-based airline during a media briefing Tuesday and during its annual Investor ...Read more

Delta Air Lines will soon serve Shake Shack cheeseburgers to first-class customers on certain flights out of Boston — including to Atlanta.

The first-class meal option will be offered starting Dec. 1 on routes of more than 900 miles out of Boston Logan International Airport. The airline said it “plans for expansion to other U.S. markets ...Read more

Apple Inc. argued in federal court that a U.S. judge should dismiss the Justice Department’s antitrust lawsuit at an early stage because it failed to state how the iPhone maker’s alleged monopoly has harmed any consumers or developers.

The suit accuses the iPhone maker of violating antitrust laws by blocking rivals from accessing hardware ...Read more

Ford Motor Co. on Wednesday said it's reassigning about 400 workers to other southeast Michigan plants for reduced production at its Bronco plant in Wayne, Michigan, and is reducing its workforce by 4,000 in Europe by the end of 2027.

Although Bronco SUV sales were up 105% year-over-year in October, deliveries are down 10% overall in 2024. The ...Read more

Heading into the all-important holiday months, budget-conscious Target customers shopped more but didn’t necessarily spend more.

As a result, the retailer missed its sales and earnings expectations for the quarter that ended in October; profits declined 12% year over year to $854 million.

Investors punished Target on Wednesday, tanking the ...Read more

While the Federal Reserve has cut its short-term interest rate target by three-quarters of a percentage point since mid-September, 30-year fixed-rate home mortgage rates rose by almost as much during that period and have lately averaged around 6.8%, higher than they were when the Fed began cutting, according to Freddie Mac, the home-loan ...Read more

Having fraudulent transactions on your bank account can be a scary and frustrating experience, even traumatic. But if you have a bank and financial institution — be it a bank or credit union — that cares about the security of your money, resolving the issue well could give you a lasting peace of mind.

That’s likely why 92% of bank ...Read more

Alphabet Inc.’s Chrome browser could go for as much as $20 billion if a judge agrees to a Justice Department proposal to sell the business, in what would be a historic crackdown on one of the world’s biggest tech companies.

The department will ask the judge, who ruled in August that Google illegally monopolized the search market, to require...Read more

Comcast Corp. is cleaving off a huge chunk of its television portfolio to create a new company composed of its cable channels, including MSNBC and CNBC.

The Philadelphia-based cable giant plans to unveil the spinoff as well as a new corporate structure for NBCUniversal on Wednesday morning, according to three people familiar with the matter who...Read more

Flanked by dozens of union members, a group of Colorado Democrats unveiled legislation Tuesday to remove a unique barrier to union organizing in the state.

The proposal, which will not be introduced until the legislative session starts in early January, would repeal an 81-year-old requirement that unions in Colorado pass a second election to ...Read more

President-elect Donald Trump’s incoming administration is looking to slash fuel-efficiency requirements for new cars and light trucks as part of plans to unwind Biden policies he’s blasted as an “EV mandate,” according to people familiar with the matter.

Trump advisers plan to reexamine fuel economy requirements that were finalized in ...Read more

Donald Trump’s second term as president could spell higher costs for Walmart shoppers.

The retail giant’s CFO told CNBC that if the tariffs Trump spoke about on the campaign trail are actually implemented, prices on some products may be impacted.

“We never want to raise prices,” executive John David Rainey confessed Tuesday. “But ...Read more

Alphabet Inc.’s Chrome browser could go for as much as $20 billion if a judge agrees to a Justice Department proposal to sell the business, in what would be a historic crackdown on one of the world’s biggest tech companies.

The department will ask the judge, who ruled in August that Google illegally monopolized the search market, to require...Read more

It took billions of dollars in losses, a company-wide overhaul, cost-cutting and price hikes to get there, but Bob Iger and Walt Disney Co. appear to have reached a long-awaited turning point in the streaming business.

Disney direct-to-consumer operations — a combination of Disney+, Hulu and ESPN+ — have been profitable two straight ...Read more

In a cooling U.S. labor market, recent college graduates are among those feeling the chill most.

The gap between the unemployment rate for recent graduates and the overall rate for Americans with a college degree widened to 2.8 percentage points in September, according to data published Tuesday by the Federal Reserve Bank of New York. That’s...Read more