Business - CNBC

1. Nike results top estimates even as China sales drop 12%; retailer expects $986 million tariff refund

2. American Airlines brings grab-and-go lounge to New York's JFK

3. Medicare will start covering obesity drugs for the first time. Here's what patients should know

4. Comcast's NBCUniversal spinoff raises hope for more deals. There may not be good options

5. Eli Lilly, Regeneron among first companies selected for FDA initiative to speed review of new manufacturing facilities

6. Seniors in Medicare are about to get landmark obesity drug coverage — but many may not know it yet

7. A 'perfect storm' points to a much smaller U.S. auto market by 2040

8. How Kohl's lost its way — and is trying to become relevant again

9. A surprisingly strong summer box office could mean Hollywood's first $10 billion year since the pandemic

10. Walmart heir Lukas Walton buys minority stake in the Chicago Bulls and United Center

11. The brands winning with World Cup advertising may not be the sponsors

12. Rise in memory chip costs puts pressure on retailers of laptops and smartphones

13. Estrogen patches are hard to find, and it may not be resolved any time soon

14. GM reveals 2027 GMC Sierra pickup with new V-8 engines, redesigned styling

15. Luxury spending now driven by experiences and 'inheritourism'

16. JPMorgan names Doug Petno and Troy Rohrbaugh co-presidents as longtime exec Marianne Lake exits

17. TikTok and YouTube are reinventing sports viewership. Broadcasters are taking note

18. Darden Restaurants earnings beat estimates but Olive Garden growth weakens

19. U.S. giving topped $600 billion for the first time last year. Megadonors and bequests are to thank

20. JPMorgan Chase unveils $50 billion buyback, Goldman Sachs raises dividend after Fed stress test