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Starbucks expands test of coconut water beverages as it leans into health and wellness

Starbucks expands test of coconut water beverages as it leans into health and wellness

Business News

Starbucks’ Coco Matcha and Coco Cold Brew drinks. Courtesy: Starbucks Starbucks will expand its test of coconut water beverages to hundreds of more stores, as it leans further into health and wellness. Starting Thursday, the coffee giant will test its Coco Matcha and Coco Cold Brew drinks in more than 400 stores across major cities […]

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As Target chases a comeback, its new CEO must take on skeptical investors and customers

As Target chases a comeback, its new CEO must take on skeptical investors and customers

Business News

People walk by a Target store in midtown Manhattan in New York City, March 21, 2025. Kylie Cooper | Reuters When Target’s new CEO Michael Fiddelke steps into the role in early February, he will inherit a company facing slumping sales, faltering customer loyalty and skeptical investors. Its fiscal second-quarter results posted Wednesday illustrated the

As Target chases a comeback, its new CEO must take on skeptical investors and customers Read More »

TJ Maxx parent company TJX beats earnings expectations, raises full-year guidance despite tariff pressure

TJ Maxx parent company TJX beats earnings expectations, raises full-year guidance despite tariff pressure

Business News

TJX Cos. on Wednesday reported earnings and revenue that beat Wall Street’s expectations and raised its full-year guidance, as the discounter behind T.J. Maxx, Marshalls and HomeGoods said it assumes it can offset higher costs from tariffs. TJX now expects full-year fiscal 2026 earnings will be between $4.52 and $4.57 per share, up from its

TJ Maxx parent company TJX beats earnings expectations, raises full-year guidance despite tariff pressure Read More »

How hurricane resilience for commercial real estate is leveraging drones and AI

How hurricane resilience for commercial real estate is leveraging drones and AI

Business News

A screenshot of Site Technologies’ commercial real estate risk assessment tools. Courtesy of Site Technologies A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors

How hurricane resilience for commercial real estate is leveraging drones and AI Read More »

Microsoft and NFL announce multiyear partnership to use AI to enhance game day analysis

Microsoft and NFL announce multiyear partnership to use AI to enhance game day analysis

Business News

A referee reviews a play on a Microsoft Surface during the second half of the game between the Baltimore Ravens and the Cleveland Browns at M&T Bank Stadium on January 4, 2025 in Baltimore, Maryland. Scott Taetsch | Getty Images Microsoft and the NFL announced on Wednesday that they’re extending their partnership to bring real-time

Microsoft and NFL announce multiyear partnership to use AI to enhance game day analysis Read More »

Claire’s sells most of its North American business after filing for bankruptcy

Claire’s sells most of its North American business after filing for bankruptcy

Business News

Jewelry is displayed at a Claire’s store on June 23, 2025 in Novato, California. Justin Sullivan | Getty Images Claire’s announced Wednesday that it is selling most of its North American business to private equity firm Ames Watson, just weeks after the jewelry retailer declared bankruptcy. The companies did not disclose any financial details of

Claire’s sells most of its North American business after filing for bankruptcy Read More »

Target names longtime insider Michael Fiddelke its next CEO as retailer tries to break sales and stock slump

Target names longtime insider Michael Fiddelke its next CEO as retailer tries to break sales and stock slump

Business News

Target’s Chief Operating Officer Michael Fiddelke will take over as CEO from Brian Cornell. Courtesy of Target Target on Wednesday said that company veteran Michael Fiddelke will become its next CEO at a critical point in its effort to break out of a sales slump and win back Wall Street’s favor. Fiddelke, the company’s 49-year-old

Target names longtime insider Michael Fiddelke its next CEO as retailer tries to break sales and stock slump Read More »

Alaska Airlines launches 5 credit card in premium travel race, combines loyalty program with Hawaiian

Alaska Airlines launches $395 credit card in premium travel race, combines loyalty program with Hawaiian

Business News

An Alaska Airlines Boeing 737 MAX 9 departs Los Angeles International Airport en route to Puerto Vallarta on Sept. 19, 2024. Kevin Carter | Getty Images Alaska Airlines is getting into the industry’s race for high-end credit cards and creating a combined frequent flyer program, called Atmos Rewards, with Hawaiian Airlines, which it acquired last

Alaska Airlines launches $395 credit card in premium travel race, combines loyalty program with Hawaiian Read More »

Lowe’s beats on quarterly earnings, buys home pros business for .8 billion

Lowe’s beats on quarterly earnings, buys home pros business for $8.8 billion

Business News

An exterior view of a Lowe’s home improvement store in Selinsgrove. Paul Weaver | Lightrocket | Getty Images Lowe’s beat Wall Street’s earning expectations on Wednesday as demand for home projects picked up during the quarter. The retailer also announced its latest effort to attract more business from home professionals. It said on Wednesday that

Lowe’s beats on quarterly earnings, buys home pros business for $8.8 billion Read More »

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