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 […]
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
A sign is posted in front of a Hertz car sales and rental car office on August 8, 2017 in South San Francisco, California. Getty Images Hertz on Wednesday announced it will start selling pre-owned vehicles on Amazon Autos, a move meant to bolster the car rental company’s retail operations as it looks to bring
Hertz to sell used vehicles online through Amazon Autos partnership Read More »
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 »
Woman with Signos wearable and app Source: Signos The Food and Drug Administration on Wednesday approved the first-ever glucose monitoring system specifically for weight loss from the startup Signos, establishing a new option for Americans to manage their weight. Current treatment options for losing weight – popular drugs like GLP-1s and surgical interventions – are
FDA approves first-ever glucose monitoring system for weight loss from Signos Read More »
General view of a Home Depot store in Midtown Manhattan on February 26, 2025 in New York City. Eduardo Munoz Alvarez | Corbis News | Getty Images Home Depot stuck by its full-year outlook on Tuesday, even as the company came in slightly shy of Wall Street’s expectations for quarterly earnings and revenue. The home
Home Depot stock rises 3% as retailer maintains full-year forecast Read More »
If it feels like there are a lot of new drinks on restaurant menus, it’s because there are. Driven by younger consumers who crave customized, cold beverages, chains from Dunkin’ to Dutch Bros, Starbucks and McDonald’s are answering the call. The number of beverages offered by the top 500 chains has increased by more than
From sweet treats to protein boosts, chains are banking on beverages to drive sales Read More »
Matt Duffer and Ross Duffer attend “Stranger Things” and Award Presentation To The Duffer Brothers (Variety Showrunner Award) during Day 1 of the 13th SCAD TVfest on February 05, 2025 in Atlanta, Georgia. Paras Griffin | Getty Images Entertainment | Getty Images The masterminds behind the hit Netflix series “Stranger Things” have inked a new
The logo of Robinhood Markets is seen at a pop-up event on Wall Street after the company’s initial public offering in New York City on July 29, 2021. Andrew Kelly | Reuters Robinhood announced Tuesday that the online broker is launching new prediction markets for professional and college-level football. Customers will now be able to
Robinhood launches NFL and college football prediction markets Read More »
Shares of Viking Therapeutics fell 40% on Tuesday after the company released mid-stage trial data on its obesity pill that disappointed investors. The results could be a blow to Viking, which was once seen as a hot M&A target as pharmaceutical companies scramble to join the booming market for obesity and diabetes drugs. It could
Viking Therapeutics shares fall 40% on disappointing obesity pill trial data Read More »
