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Starbucks to close stores, lay off workers in  billion restructuring plan

Starbucks to close stores, lay off workers in $1 billion restructuring plan

In the message to employees Thursday, Niccol said the company had reviewed and identified stores where the company would be “unable to to create the physical environment our customers and partners expect, or where we don’t see a path to financial performance.” Starbucks executives had previously said that the company would be slowing new openings

Starbucks to close stores, lay off workers in $1 billion restructuring plan Read More »

CarMax stock plummets 20% following ‘challenging’ quarter that missed Wall Street’s expectations

CarMax stock plummets 20% following ‘challenging’ quarter that missed Wall Street’s expectations

A sign is posted in front of a CarMax dealership on April 10, 2025 in Santa Rosa, California.  Justin Sullivan | Getty Images News | Getty Images DETROIT — Shares of CarMax were down by more than 20% in early trading Thursday after the used auto retailer missed Wall Street’s quarterly earnings and revenue expectations.

CarMax stock plummets 20% following ‘challenging’ quarter that missed Wall Street’s expectations Read More »

Walmart teams up with Spain’s La Liga, furthering the retailer’s investment in soccer

Walmart teams up with Spain’s La Liga, furthering the retailer’s investment in soccer

Real Madrid’s Spanish defender #20 Francisco Garcia fights for the ball with Barcelona’s Spanish forward #19 Lamine Yamal during the Spanish league football match between FC Barcelona and Real Madrid CF at Estadi Olimpic Lluis Companys in Barcelona, on May 11, 2025. Lluis Gene | Afp | Getty Images Walmart is bringing its brand to

Walmart teams up with Spain’s La Liga, furthering the retailer’s investment in soccer Read More »

Ford offers special financing to riskier F-150 buyers with lower credit scores

Ford offers special financing to riskier F-150 buyers with lower credit scores

Ford-150 pickup trucks are displayed for sale at a dealership on March 24, 2025 in Austin, Texas.  Brandon Bell | Getty Images DETROIT — Ford Motor is trying to boost sales of its crucial F-150 pickup truck before the end of the third quarter by offering special financing to consumers with less-than-perfect credit ratings. The

Ford offers special financing to riskier F-150 buyers with lower credit scores Read More »

Jimmy Kimmel returns after ABC suspension: ‘Never my intention to make light’ of Charlie Kirk’s murder

Jimmy Kimmel returns after ABC suspension: ‘Never my intention to make light’ of Charlie Kirk’s murder

“Jimmy Kimmel Live!” returned to air with an emotional monologue Tuesday night, roughly one week after the late-night show was suspended by Disney’s ABC broadcast network. The program was initially pulled “indefinitely” following comments by host Kimmel during a show monologue that criticized members of President Donald Trump’s MAGA movement for their reaction to conservative activist

Jimmy Kimmel returns after ABC suspension: ‘Never my intention to make light’ of Charlie Kirk’s murder Read More »

NFL Commissioner Roger Goodell says league could renegotiate media deals as soon as 2026

NFL Commissioner Roger Goodell says league could renegotiate media deals as soon as 2026

The NFL could begin renegotiating its media rights deals as soon as 2026, four years ahead of the current agreement’s opt-out clause, Commissioner Roger Goodell told CNBC in an exclusive interview. A new media rights deal could potentially add billions of Dollars to the league’s coffers. The league needs agreement from its current media partners

NFL Commissioner Roger Goodell says league could renegotiate media deals as soon as 2026 Read More »

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