Business News Archives | Page 130 Of 142

Walmart pulls back on DEI efforts, removes some LGBTQ merchandise from website

Walmart Supercenter in Burbank onThursday, Nov. 21, 2024. Allen J. Schaben | Los Angeles Times | Getty Images Walmart on Monday confirmed that it’s ending some of its diversity initiatives, removing some LGBTQ-related merchandise from its website and winding down a nonprofit that funded programs for minorities. The nation’s largest employer, which has about 1.6 […]

Walmart pulls back on DEI efforts, removes some LGBTQ merchandise from website Read More »

Constellation Brands’ stock falls as Trump tariff plan threatens to make Modelo and Corona more expensive

Business News

Packages of Modelo Especial beer are displayed for sale in a grocery store on June 14, 2023 in Los Angeles, California. Mario Tama | Getty Images Shares of Constellation Brands fell 4% in morning trading after President-elect Donald Trump announced plans to place a 25% tariff on Mexican imports once he’s inaugurated. Constellation imports all

Constellation Brands’ stock falls as Trump tariff plan threatens to make Modelo and Corona more expensive Read More »

Amgen says obesity drug caused up to 20% weight loss after a year, but shares drop 10%

Business News

The Amgen logo is displayed outside Amgen headquarters in Thousand Oaks, California, on May 17, 2023. Mario Tama | Getty Images Amgen on Tuesday said its experimental weight loss injection helped patients with obesity lose up to 20% of their weight on average after a year in a critical mid-stage trial, as the company races

Amgen says obesity drug caused up to 20% weight loss after a year, but shares drop 10% Read More »

Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada

Business News

A carrier trailer transports Toyota cars for delivery while queuing at the border customs control to cross into the U.S., at the Otay border crossing in Tijuana, Mexico May 31, 2019. Jorge Duenes | REUTERS DETROIT – Shares of automakers General Motors and Stellantis fell Tuesday morning after President-elect Donald Trump threatened to put 25%

Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada Read More »

Senate report slams airlines for raking in billions in seat fees

Business News

A Delta Air Lines cabin. Leslie Josephs/CNBC A Senate subcommittee on Tuesday slammed U.S. airlines large and small over fees to pick seats on flights. Between 2018 and 2023 American, Delta, United, Spirit and Frontier brought in $12.4 billion in seating fees, including for seats with extra legroom as well as those in “preferred” locations

Senate report slams airlines for raking in billions in seat fees Read More »

Best Buy cuts full-year sales forecast due to softer demand for consumer electronics

Business News

A Best Buy store in Woodbridge, Virginia, on May 21, 2024. Nathan Howard | Bloomberg | Getty Images Best Buy on Tuesday cut its full-year sales forecast as it missed Wall Street’s quarterly revenue expectations and a fresh batch of iPhones and AI-enabled laptops weren’t enough to drive higher sales. The consumer electronics retailer said

Best Buy cuts full-year sales forecast due to softer demand for consumer electronics Read More »

Abercrombie expects a strong holiday quarter as growth run continues

Business News

An Abercrombie & Fitch store stands in midtown Manhattan on October 24, 2024 in New York City. Spencer Platt | Getty Images Abercrombie & Fitch isn’t giving up its crown any time soon. The apparel company issued strong holiday guidance on Tuesday after posting its sixth straight quarter of double-digit sales growth and another quarter

Abercrombie expects a strong holiday quarter as growth run continues Read More »

Dick’s Sporting Goods posts robust holiday guidance

Business News

The Dick’s Sporting Goods logo is displayed on the floor of a store on September 04, 2024 in Daly City, California. Justin Sullivan | Getty Images Dick’s Sporting Goods raised its full-year guidance on Tuesday after what CEO Lauren Hobart called an “excellent” back-to-school shopping season and better-than-expected comparable sales for its third quarter. The

Dick’s Sporting Goods posts robust holiday guidance Read More »

Kohl’s CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan

Business News

Incoming Kohl’s CEO Ashley Buchanan and current CEO Tom Kingsbury. Courtesy: Michael’s | Kohl’s Kohl’s is getting a new CEO, its third since 2018. The off-mall department store’s current CEO Tom Kingsbury is stepping down effective Jan. 15. He will leave the position he held first on an interim basis starting in late 2022, and

Kohl’s CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan Read More »

Starbucks baristas can’t view their schedules after ransomware attack on vendor

Business News

The Starbucks logo is displayed above one of its cafes in London on Aug. 13, 2024. Hollie Adams | Reuters A ransomware attack on one of Starbucks‘ software vendors has disrupted how the coffee chain’s baristas view and manage their schedules, the company said on Monday. Starbucks said it’s working closely with the vendor to

Starbucks baristas can’t view their schedules after ransomware attack on vendor Read More »

Walmart pulls back on DEI efforts, removes some LGBTQ merchandise from website

Constellation Brands’ stock falls as Trump tariff plan threatens to make Modelo and Corona more expensive

Amgen says obesity drug caused up to 20% weight loss after a year, but shares drop 10%

Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada

Senate report slams airlines for raking in billions in seat fees

Best Buy cuts full-year sales forecast due to softer demand for consumer electronics

Abercrombie expects a strong holiday quarter as growth run continues

Dick’s Sporting Goods posts robust holiday guidance

Kohl’s CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan

Starbucks baristas can’t view their schedules after ransomware attack on vendor

Stay Connected

Subscribe

Business News

Stay Connected

Subscribe

Don’t miss latest news!

Relax!

Put your feet up and let us do the hard work for you. Sign up to receive our latest news directly in your inbox.