5news.U.S. news, all in one place

BREAKING

› We stopped using aluminum foil for cooking and you should too. Here's what to use instead › The beloved Dyson Supersonic hair dryer is at its lowest price ever › Everything you need to know about Way Day 2023, Wayfair's biggest sale of the year › The 10 best Amazon deals to shop this week › The 2024 presidential alternative many voters will want › Dominion still has pending lawsuits against election deniers such as Rudy Giuliani and Sidney Powell › Russia is 'going backwards' in equipment and deploying post WWII-era tanks, according to Western officials › Podcast: One country musician is calling for other artists to oppose assault rifles › Bidets save you money and reduce waste — we tested the best options out there › 50+ products to make your life easier and our planet cleaner › We stopped using aluminum foil for cooking and you should too. Here's what to use instead › The beloved Dyson Supersonic hair dryer is at its lowest price ever › Everything you need to know about Way Day 2023, Wayfair's biggest sale of the year › The 10 best Amazon deals to shop this week › The 2024 presidential alternative many voters will want › Dominion still has pending lawsuits against election deniers such as Rudy Giuliani and Sidney Powell › Russia is 'going backwards' in equipment and deploying post WWII-era tanks, according to Western officials › Podcast: One country musician is calling for other artists to oppose assault rifles › Bidets save you money and reduce waste — we tested the best options out there › 50+ products to make your life easier and our planet cleaner

Business

Gap shares jump 12% after company names new Old Navy CEO to revive struggling brand

CNBC · August 27, 2026 at 4:46 PM

Gap announced a new CEO for Old Navy on Thursday as the brand reported a decline in comparable sales for the most recent quarter.

Read the full article on CNBC ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.cnbc.com — the content belongs to CNBC.

More from CNBC

Stocks making the biggest moves after hours: Gap, Workday, Autodesk and more

CNBC · 7 min ago

UAE ‘spy sheikh’ backs 49% stake in Trump family’s crypto bank venture, WSJ reports

CNBC · 17 min ago

What Warsh will say and how the market will react, according to prediction markets

CNBC · 22 min ago

Trump signs order to rename Lake Ontario 'Lake America' amid Canada trade war

CNBC · 23 min ago

More in Business

Stocks making the biggest moves after hours: Gap, Workday, Autodesk and more

CNBC · 7 min ago

UAE ‘spy sheikh’ backs 49% stake in Trump family’s crypto bank venture, WSJ reports

CNBC · 17 min ago

What Warsh will say and how the market will react, according to prediction markets

CNBC · 22 min ago

Trump signs order to rename Lake Ontario 'Lake America' amid Canada trade war

CNBC · 23 min ago

A former NFL player says Warren Buffett taught him 2 lessons about success that he still follows years later

Business Insider · 25 min ago

Marvell is boosting its forecasts, but that’s not enough to lift its stock

MarketWatch · 28 min ago