The Latest Breaking News from CNBC

Xbox head Phil Spencer said value is more important to the company right now.

Rapper and designer Kanye West, who goes by "Ye," has terminated his Yeezy brand partnership with Gap Inc (NYSE: GPS) two years after the deal was announced.

CNBC reports that Tesla still lacks the room or resources to bring all its employees back to the office, with even simple supplies being in short supply.

The rapper’s company claims Gap failed to fulfill obligations outlined in their contact

After Walt Disney Co (NYSE: DIS) CEO Bob Chapek swatted investor calls for an ESPN spinoff over the weekend and noted that plans are in place for the future of the sports network, one investor jumped in and bought shares of the media giant. 

Apple, Microsoft, Google, Amazon and Meta shedded nearly $500 billion in combined market cap during Tuesday's selloff.

The death of Queen Elizabeth II on Sept. 8 beaconed a new era for the UK, coming on the heels of Elizabeth Truss taking office as prime minister and heralding the proclamation of King Charles as the new monarch. 

Adding NFL Sunday Ticket is a surefire way for a potential streamer to add millions of subs, new study suggests.

Tesla (TSLA) is eyeing the prospect of building a lithium processing facility in Texas, as the company looks to take more control over key manufacturing components amid rising prices. Tesla stock was up on the news. In documents submitted to the Texas Comptroller's Office, Elon Musk's electric vehicle giant is…

Bloomberg When The Bank Error Is Not In Your Favor: Pay Back $500 Million

Republican Pennsylvania Senate candidate Dr. Mehmet Oz owns shares of two companies he publicly supported, touting their drugs as potential Covid-19 treatments — even though the drugs weren't approved by the U.S. Food and Drug Administration (FDA).