Business News Archives | Page 18 Of 161

DraftKings takes over ESPN sports betting partnership from Penn Entertainment

The ESPN Bet logo on a laptop arranged in New York, US, on Thursday, Feb. 22, 2024. Gabby Jones | Bloomberg | Getty Images Disney’s ESPN is swapping out its sports betting partner. In separate releases Thursday, the company said it was terminating its agreement with Penn Entertainment years earlier than planned and had signed […]

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Target’s sloppy stores are wearing on shoppers, and its turnaround could hinge on cleaning them up

Business News

The Target bullseye logo is seen on the outside of its store at the Lycoming Crossing Shopping Center. Paul Weaver | Lightrocket | Getty Images Customers used to hold up Target as an example of how to run large, yet sparkling stores. Yet in recent years, shopper complaints about sloppier aisles, longer checkout lines, locked-up

Target’s sloppy stores are wearing on shoppers, and its turnaround could hinge on cleaning them up Read More »

Peloton recalls 833,000 more bikes over seat post issue, two injuries reported

Business News

The entrance to the Peloton offices in Midtown Manhattan. Erik Mcgregor | Lightrocket | Getty Images Peloton is recalling its original Bike+ after receiving reports that the seat post broke and detached from the equipment during use, leading to two injuries, the Consumer Product Safety Commission said in a news release Thursday. The recall impacts

Peloton recalls 833,000 more bikes over seat post issue, two injuries reported Read More »

Eli Lilly to start late-stage trials on amylin obesity drug after it shows up to 20% weight loss in study

Business News

Eli Lilly Biotechnology Center is shown in San Diego, California, March 1, 2023. Mike Blake | Reuters Eli Lilly on Thursday said it will start late-stage trials on its experimental amylin obesity drug next month after it showed encouraging results in a mid-stage study. The highest dose of the weekly injection, called eloralintide, helped patients

Eli Lilly to start late-stage trials on amylin obesity drug after it shows up to 20% weight loss in study Read More »

Retailers are raising prices to meet tariffs. Amazon is hiking more than others

Business News

The Amazon Prime logo on a package in Manhattan, New York City, on Sept. 16, 2023. Michael Kappeler | Picture Alliance | Getty Images Tariffs imposed by the Trump administration have given the country’s retailers another cost to manage during a period of persistent inflation. While many are navigating the change with limited price increases,

Retailers are raising prices to meet tariffs. Amazon is hiking more than others Read More »

E.l.f. Beauty stock plunges 29% on weak guidance, tariff impact

Business News

Hailey Bieber’s cosmetics line Rhode is expected to increase E.l.f. Beauty‘s annual sales by $200 million this fiscal year, but its new parent company’s full-year guidance still fell below expectations, leading its stock to plunge 29% Wednesday. E.l.f., which declined to release full-year guidance last quarter, is expecting full-year revenue to be between $1.55 billion

E.l.f. Beauty stock plunges 29% on weak guidance, tariff impact Read More »

Starbucks union authorizes open-ended strike as busy holiday season begins

Business News

Starbucks baristas gather outside a Starbucks store as they protest against the company during a rally to demand a new contract in New York City, on October 28, 2025. The Starbucks Workers United is fighting for a new contract that delivers improved staffing hours, take-home pay, and on-the-job protections for baristas. (Photo by TIMOTHY A.CLARY

Starbucks union authorizes open-ended strike as busy holiday season begins Read More »

WBD targets Christmas deadline for announcing a sale or split, leaving Paramount in limbo

Business News

Paramount Skydance CEO David Ellison speaks during the Bloomberg Screentime conference in Los Angeles on October 9, 2025. Patrick T. Fallon | Afp | Getty Images Paramount Skydance has a clear holiday wish this year: acquiring Warner Bros. Discovery. Fittingly, it may have to wait until Christmas to find out if Santa Zaslav delivers. Warner

WBD targets Christmas deadline for announcing a sale or split, leaving Paramount in limbo Read More »

Air traffic controllers union president says it’ll take weeks to recover from shutdown impact

Business News

The head of the air traffic controllers’ union said Wednesday that it could take the industry “weeks to recover” from the impacts of the government shutdown. Nick Daniels, president of the National Air Traffic Controllers Association, said on CNBC’s “Squawk Box” that the holiday season will be especially affected by the shortage of air traffic

Air traffic controllers union president says it’ll take weeks to recover from shutdown impact Read More »

McDonald’s sales rise, but CEO expects low-income diners to spend less into next year

Business News

McDonald’s on Wednesday fell short of Wall Street’s earnings expectations, but the company’s U.S. restaurants reported better-than-expected same-store sales growth. CEO Chris Kempczinski said in a statement that the results are “a testament to our ability to deliver sustainable growth even in a challenging environment.” For more than a year, McDonald’s, long considered a bellwether

McDonald’s sales rise, but CEO expects low-income diners to spend less into next year Read More »

DraftKings takes over ESPN sports betting partnership from Penn Entertainment

Target’s sloppy stores are wearing on shoppers, and its turnaround could hinge on cleaning them up

Peloton recalls 833,000 more bikes over seat post issue, two injuries reported

Eli Lilly to start late-stage trials on amylin obesity drug after it shows up to 20% weight loss in study

Retailers are raising prices to meet tariffs. Amazon is hiking more than others

E.l.f. Beauty stock plunges 29% on weak guidance, tariff impact

WBD targets Christmas deadline for announcing a sale or split, leaving Paramount in limbo

Air traffic controllers union president says it’ll take weeks to recover from shutdown impact

McDonald’s sales rise, but CEO expects low-income diners to spend less into next year

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