Breaking News: Business Archives | Page 39 Of 142

Costco tops earnings, revenue estimates as warehouse club wins over younger members

A Costco store in Richmond, California, US, on Thursday, May 29, 2025. David Paul Morris | Bloomberg | Getty Images Costco on Thursday posted fiscal fourth-quarter earnings and revenue that topped analyst estimates. The warehouse club does not share an annual outlook with Wall Street. It will hold an earnings call at 5 p.m. ET. […]

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Existing home sales stall in August amid higher mortgage rates

Business News

A sold sign is posted in front of a home for sale on Aug. 27, 2025 in San Francisco, California. Justin Sullivan | Getty Images Sales of previously owned homes were essentially flat in August, coming in 4 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. That is

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Amazon reaches .5 billion settlement with FTC over ‘deceptive’ Prime program

Amazon reaches $2.5 billion settlement with FTC over ‘deceptive’ Prime program

Finance News

The Amazon Prime logo is displayed on the side of an Amazon delivery truck in Richmond, California, on June 21, 2023. Justin Sullivan | Getty Images Amazon will pay $2.5 billion to settle Federal Trade Commission allegations that the company duped users into paying for Prime memberships, the regulatory agency announced Thursday. The surprise settlement

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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

Business News

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

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

Business News

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.

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U.S. startup airline Breeze Airways plans first international flights

Business News

A Breeze Airways airplane on the tarmac at Tampa International Airport in Tampa, Florida, on May 27, 2021. Matt May | Bloomberg | Getty Images U.S. startup airline Breeze Airways is planning to fly internationally for the first time early next year, aiming to win over sun-seeking travelers as the carrier enters its fifth year

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

Business News

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

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China’s Xiaomi plans showrooms for 2027 EV launch in Europe, eyes local manufacturing later

Technology News

Key Points Xiaomi plans to open showrooms in Europe when it launches its electric cars in the region in 2027, a top executive at the Chiense tech giant told CNBC. Xu Fei, a vice president at Xiaomi, said the comapny could also manufacture cars locally in the future. Xu did not reveal which car Xiaomi

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New home sales soar 20% in August to a three-year high

Business News

Sales of newly built homes rose a much larger-than-expected 20.5% in August compared with July to the highest level since January 2022, according to the U.S. Census. It is also the largest one-month gain since August 2022. Sales were 15.4% higher than August 2024. This count is based on people out shopping in August and

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

Business News

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 »

Costco tops earnings, revenue estimates as warehouse club wins over younger members

Existing home sales stall in August amid higher mortgage rates

Amazon reaches $2.5 billion settlement with FTC over ‘deceptive’ Prime program

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

U.S. startup airline Breeze Airways plans first international flights

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

China’s Xiaomi plans showrooms for 2027 EV launch in Europe, eyes local manufacturing later

New home sales soar 20% in August to a three-year high

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

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