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Aviation industry pushes Congress for air traffic improvements, more hiring

Aviation industry pushes Congress for air traffic improvements, more hiring

File photo shows the air traffic control tower at Chicago’s Midway International Airport. M. Spencer Green | AP Aviation industry members on Tuesday again urged lawmakers for newer air traffic control technology and more hiring of air traffic controllers as airlines continue to complain about longtime shortfalls, while air travel demand has boomed. Their testimony […]

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Target to expand online marketplace, boost product assortment as it aims for  billion in sales growth by 2030

Target to expand online marketplace, boost product assortment as it aims for $15 billion in sales growth by 2030

Target plans to double down on its third-party marketplace, media network and same day delivery services to drive more than $15 billion in revenue growth over the next five years, it said Tuesday at an investor meeting in New York City.  The retailer’s plans to grow its business and better compete against rivals like Walmart

Target to expand online marketplace, boost product assortment as it aims for $15 billion in sales growth by 2030 Read More »

Trump’s Mexico tariffs could raise produce prices in the next few days, Target CEO says

Trump’s Mexico tariffs could raise produce prices in the next few days, Target CEO says

Shoppers will likely see produce prices increase in the coming days due to President Donald Trump’s tariffs on Mexican imports, Target CEO Brian Cornell said Tuesday. The Trump administration’s 25% levies on goods from Mexico and Canada, along with an additional 10% duty on Chinese imports, took effect Tuesday. Cornell said Target relies heavily on

Trump’s Mexico tariffs could raise produce prices in the next few days, Target CEO says Read More »

Best Buy shares plunge as CEO warns price increases are ‘highly likely’ due to Trump tariffs

Best Buy shares plunge as CEO warns price increases are ‘highly likely’ due to Trump tariffs

Best Buy on Tuesday posted fourth-quarter earnings and revenue that topped expectations, but CEO Corie Barry projected that prices for U.S. consumers would rise as President Donald Trump’s tariffs on China and Mexico go into effect. On Best Buy’s earnings call, Barry said China and Mexico are the company’s top two supply-chain sources, with about

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Target will report earnings before the bell. Here’s what Wall Street expects

Target will report earnings before the bell. Here’s what Wall Street expects

Shoppers outside a Target store ahead of Black Friday in Clifton, New Jersey, on Nov. 26, 2024. Victor J. Blue | Bloomberg | Getty Images Target will report fiscal fourth-quarter earnings on Tuesday and show investors whether it is driving more full-price sales of discretionary merchandise, which has long been the retailer’s primary money maker. 

Target will report earnings before the bell. Here’s what Wall Street expects Read More »

Serena Williams joins WNBA ownership group in Toronto

Serena Williams joins WNBA ownership group in Toronto

Serena Williams, one of sport’s greatest champions, joins Canada’s first WNBA team as a managing partner. CNW Group | Toronto Tempo Tennis superstar Serena Williams is continuing her investment in women’s sports with a new ownership stake in the Women’s National Basketball Association’s Toronto Tempo, the team announced Monday. The Tempo, the WNBA’s first expansion

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Meet the investor behind billionaire Melinda French Gates’ bets on women-led funds and startups

Meet the investor behind billionaire Melinda French Gates’ bets on women-led funds and startups

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Melinda French Gates has committed $2 billion to promote women’s rights and economic mobility. In 2015, she set up her family

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From Ireland’s Primark to Spain’s Mango, foreign retailers are planting their flags in more U.S. malls and cities

From Ireland’s Primark to Spain’s Mango, foreign retailers are planting their flags in more U.S. malls and cities

ELMHURST, NY — One of the newest additions to Queens Center is a store that many local mallgoers may not recognize. Along with well-known mall staples like Macy’s, American Eagle and Bath & Body Works, the shopping center is now home to a Primark. The Ireland-based discount retailer, which sells clothing, shoes, purses and more,

From Ireland’s Primark to Spain’s Mango, foreign retailers are planting their flags in more U.S. malls and cities Read More »

Oscars 2025 live updates: ‘Wicked,’ ‘Emilia Pérez’ up for awards at Hollywood’s biggest night

Oscars 2025 live updates: ‘Wicked,’ ‘Emilia Pérez’ up for awards at Hollywood’s biggest night

An imitation of an Oscar statuette sits outside of a souvenir shop on Hollywood Boulevard as preparations continue for the 97th Academy Awards in Los Angeles, California, U.S. February 27, 2025.  Daniel Cole | Reuters The 97th Academy Awards are live from the Dolby Theater in Hollywood on Sunday, March 2 at 7 p.m. ET.

Oscars 2025 live updates: ‘Wicked,’ ‘Emilia Pérez’ up for awards at Hollywood’s biggest night Read More »

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