https://auntresodamid.com/iJugHxINePLH1VY/96561

Breaking News: Business

Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada

Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada

Business News

A carrier trailer transports Toyota cars for delivery while queuing at the border customs control to cross into the U.S., at the Otay border crossing in Tijuana, Mexico May 31, 2019. Jorge Duenes | REUTERS DETROIT – Shares of automakers General Motors and Stellantis fell Tuesday morning after President-elect Donald Trump threatened to put 25% […]

Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada Read More »

Senate report slams airlines for raking in billions in seat fees

Senate report slams airlines for raking in billions in seat fees

Business News

A Delta Air Lines cabin. Leslie Josephs/CNBC A Senate subcommittee on Tuesday slammed U.S. airlines large and small over fees to pick seats on flights. Between 2018 and 2023 American, Delta, United, Spirit and Frontier brought in $12.4 billion in seating fees, including for seats with extra legroom as well as those in “preferred” locations

Senate report slams airlines for raking in billions in seat fees Read More »

Best Buy cuts full-year sales forecast due to softer demand for consumer electronics

Best Buy cuts full-year sales forecast due to softer demand for consumer electronics

Business News

A Best Buy store in Woodbridge, Virginia, on May 21, 2024. Nathan Howard | Bloomberg | Getty Images Best Buy on Tuesday cut its full-year sales forecast as it missed Wall Street’s quarterly revenue expectations and a fresh batch of iPhones and AI-enabled laptops weren’t enough to drive higher sales. The consumer electronics retailer said

Best Buy cuts full-year sales forecast due to softer demand for consumer electronics Read More »

Abercrombie expects a strong holiday quarter as growth run continues

Abercrombie expects a strong holiday quarter as growth run continues

Business News

An Abercrombie & Fitch store stands in midtown Manhattan on October 24, 2024 in New York City.  Spencer Platt | Getty Images Abercrombie & Fitch isn’t giving up its crown any time soon.  The apparel company issued strong holiday guidance on Tuesday after posting its sixth straight quarter of double-digit sales growth and another quarter

Abercrombie expects a strong holiday quarter as growth run continues Read More »

Dick’s Sporting Goods posts robust holiday guidance

Dick’s Sporting Goods posts robust holiday guidance

Business News

The Dick’s Sporting Goods logo is displayed on the floor of a store on September 04, 2024 in Daly City, California.  Justin Sullivan | Getty Images Dick’s Sporting Goods raised its full-year guidance on Tuesday after what CEO Lauren Hobart called an “excellent” back-to-school shopping season and better-than-expected comparable sales for its third quarter.  The

Dick’s Sporting Goods posts robust holiday guidance Read More »

Kohl’s CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan

Kohl’s CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan

Business News

Incoming Kohl’s CEO Ashley Buchanan and current CEO Tom Kingsbury. Courtesy: Michael’s | Kohl’s Kohl’s is getting a new CEO, its third since 2018. The off-mall department store’s current CEO Tom Kingsbury is stepping down effective Jan. 15. He will leave the position he held first on an interim basis starting in late 2022, and

Kohl’s CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan Read More »

Starbucks baristas can’t view their schedules after ransomware attack on vendor

Starbucks baristas can’t view their schedules after ransomware attack on vendor

Business News

The Starbucks logo is displayed above one of its cafes in London on Aug. 13, 2024. Hollie Adams | Reuters A ransomware attack on one of Starbucks‘ software vendors has disrupted how the coffee chain’s baristas view and manage their schedules, the company said on Monday. Starbucks said it’s working closely with the vendor to

Starbucks baristas can’t view their schedules after ransomware attack on vendor Read More »

The auto industry is pulling back on its ‘capital junkie’ tendencies after unprecedented spending on EVs, self-driving

The auto industry is pulling back on its ‘capital junkie’ tendencies after unprecedented spending on EVs, self-driving

Business News

Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Lucid DETROIT — The auto industry has an addiction. It’s a “capital junkie” that’s been on a yearslong binge of unprecedented spending on all-electric and autonomous vehicles. And now,

The auto industry is pulling back on its ‘capital junkie’ tendencies after unprecedented spending on EVs, self-driving Read More »

Macy’s says quarterly sales dropped, delays full earnings release due to accounting issue

Macy’s says quarterly sales dropped, delays full earnings release due to accounting issue

Business News

A shopper carries a Macy’s bag on Market Street in San Francisco, California, US, on Wednesday, Nov. 13, 2024.  David Paul Morris | Bloomberg | Getty Images Macy’s on Monday posted preliminary third-quarter results and said it would delay its full earnings release as it completes an investigation of an accounting issue. The company was

Macy’s says quarterly sales dropped, delays full earnings release due to accounting issue Read More »

‘Wicked’ tallies million in previews, as ‘Gladiator II’ team-up heads for 0 million opening weekend

‘Wicked’ tallies $19 million in previews, as ‘Gladiator II’ team-up heads for $200 million opening weekend

Business News

Posters for Wicked and Gladiator II Sources: Universal (L), Paramount (R) The box office this weekend will be painted pink and green, with a splash of red. Universal’s “Wicked” and Paramount’s “Gladiator II” arrive ahead of the Thanksgiving holiday and are expected to tally more than $200 million in combined ticket sales this weekend. “‘Wicked’

‘Wicked’ tallies $19 million in previews, as ‘Gladiator II’ team-up heads for $200 million opening weekend Read More »

Stay Connected

Facebook-f Reddit Pinterest

Subscribe

Subscribe
Subscribe

Don’t miss latest news!

Select list(s):

We don’t spam! Read our [link]privacy policy[/link] for more info.

Scroll to Top