Media giants are making their annual pitches to advertisers this week against the backdrop of significant disruption in the industry.   The Hollywood writers and actors strikes are over, meaning Upfronts will likely be star-studded once again, major cost cutting is largely in the rear view mirror and streaming has fully embraced advertising models. Still, […]

The Women’s National Basketball Association regular season opens Tuesday night with breakout star Caitlin Clark making her debut as point guard for the Indiana Fever. The game will be streamed on Disney+, the service’s first live sports event. As the NCAA’s all-time leading scorer for both men’s and women’s basketball, Clark helped draw a record

Patients taking Novo Nordisk ’s obesity drug Wegovy maintained an average of 10% weight loss for up to four years, according to a new analysis published Tuesday from the longest clinical trial to date on the treatment.   The highly popular drug also reduced the risk of heart disease regardless of a patient’s weight, a

Walgreens on Wednesday said it will offer its own cheaper version of the over-the-counter opioid overdose reversal spray naloxone. The drug is available online and will be in all stores at the end of the month.  The drugstore retailer aims to boost the availability of the lifesaving medication in the U.S. as the nation grapples

McDonald’s is set to offer a $5 value meal in the U.S., but only for a limited time. The promotion will include four items for $5 — a McChicken or McDouble, four-piece chicken nuggets, fries and a drink — and will run for roughly a month, beginning on June 25, according to a person familiar

Netflix’s cheaper, ad-supported tier has amassed 40 million global monthly active users, the company said Wednesday.   That’s nearly double the 23 million figure the streaming giant shared in January.   The company also said it would launch its own advertising platform and no longer partner with Microsoft for that technology. The tech giant will

Walmart will report earnings on Thursday, as investors look to the nation’s largest retailer to gauge the health of American consumers and the strength of the industry.   Here is what Wall Street expects for the discounter, based on a survey of analysts by LSEG:   Earnings per share: 52 cents adjusted expected Revenue: $159.50

Sweetgreen shares surged nearly 34% on Friday after the company topped Wall Street’s revenue expectations for the fiscal first quarter and raised its full-year forecast. The salad chain also announced earlier this week an expansion to add meat to its menu for the first time. The salad chain reported $158 million in revenue, beating the

LONDON — The boss of U.K. stock trading service Freetrade is stepping down and leaving the company with immediate effect, the company told CNBC exclusively Monday.   Adam Dodds, who co-founded the company with business partners Davide Fioranell and Viktor Nebehaj in 2016, will be replaced by Nebehaj, currently Freetrade’s chief operating officer, as CEO,

GameStop and AMC shares fell Wednesday as the meme stock trading frenzy showed signs of fizzling. The brick-and-mortar video game retailer declined nearly 19%, while the movie theater chain dropped 20%. Before Wednesday, GameStop and AMC were up 179% and 135% this week, respectively. The sell-off in AMC shares came after the company announced a