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.
Top Democrat proposes killing tax breaks for overseas oil production
Gas prices in the U.S. averaged $4.06 per gallon on Thursday — a major source of voter discontent heading into November’s midterm elections.
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.
Iran’s chief negotiator accuses Trump of ‘theater diplomacy’ with Hormuz traffic near standstill
The conflict is broadening across the region, with Gulf energy infrastructure and key shipping chokepoints under renewed threat.
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
Analysis: Trump treats Fed Chairman Kevin Warsh as an ally. That creates economic risks
Trump’s reported phone calls to the Fed chairman will complicate his efforts to prove he will act independently on inflation and interest rates.
Sweetgreen cuts full-year outlook as cyclospora fears weigh on sales
The salad chain has not been implicated in the ongoing cyclospora outbreak.
GAO finds Elon Musk’s DOGE inflated claims of $110 billion in savings for federal government
The nonpartisan watchdog found Elon Musk’s DOGE didn’t cut as much federal spending as it claimed and that it fell far short of its promised $2 trillion.
Sen. Mitch McConnell says he’s left rehab, will work from home
“On the advice of my doctors, I’ll maintain an intensive regimen of physical therapy from home during the state work period,” the 84-year-old McConnell said.
Rep. Jim Jordan, House Republicans raise alarms over new South Korean ‘fake news’ law
GOP members of the House Judiciary Committee on Thursday sent a letter to South Korean regulators raising concerns about a law they say will lead to censorship.