CNBC to wade further into live sports with 11 simulcast WNBA games

by News Feed Editor | Jun 17, 2026 | Business

In this articleVSNTFollow your favorite stocksCREATE FREE ACCOUNTThe WNBA is expanding its footprint to CNBC.CNBC parent Versant announced Wednesday that the business news network will simulcast 11 WNBA games this season. The matchups will also air on Versant’s...

How Roku fits into Fox’s future — and what investors are missing about the deal 

by News Feed Editor | Jun 16, 2026 | Business

In this articleROKUFOXFollow your favorite stocksCREATE FREE ACCOUNTThe Fox Corp. headquarters are seen on June 15, 2026, in New York City.Michael M. Santiago | Getty ImagesThe media industry has long been preparing for consolidation and mega deals. And yet Fox...

Rivian laying off hundreds of workers amid R2 launch

by News Feed Editor | Jun 16, 2026 | Business

In this articleRIVNFollow your favorite stocksCREATE FREE ACCOUNTRivian electric vehicles are parked in front of a Rivian service center on April 30, 2026 in Los Angeles, California. Justin Sullivan | Getty ImagesRivian said Tuesday it was laying off hundreds of...

General Motors announces new defense partnership with Lockheed Martin

by News Feed Editor | Jun 16, 2026 | Business

In this articleGMLMTFollow your favorite stocksCREATE FREE ACCOUNTCourtesy: GMAutomaker General Motors on Tuesday announced a new partnership with defense company Lockheed Martin to scale manufacturing and expand production capabilities.The deal was facilitated by the...

Carvana is expanding into new vehicles. The implications could reshape the U.S. automotive retail market

by News Feed Editor | Jun 16, 2026 | Business

In this articleCVNASTLASTLAFollow your favorite stocksCREATE FREE ACCOUNTA Carvana sign and signature vending machine in Tempe, Arizona.Michael Wayland | CNBCAfter growing to become one of the largest used car retailers in the U.S., Carvana is expanding into the new...

Yum Brands sells Pizza Hut to private equity firm LongRange Capital and Yum China for $2.7 billion

by News Feed Editor | Jun 16, 2026 | Business

In this articleYUMDPZYUMCYUMCFollow your favorite stocksCREATE FREE ACCOUNTA sign hangs above the front of a Pizza Hut restaurant on Feb. 9, 2026 in Chicago, Illinois. Scott Olson | Getty ImagesYum Brands on Tuesday announced it is selling Pizza Hut to private equity...