Dodgers designated hitter Shohei Ohtani, #17, watches his ball soar after hitting his first home run as a Dodger off of Giants pitcher Taylor Rogers, # 33, in the seventh inning at Dodger Stadium in Los Angeles Wednesday, April 3, 2024. Allen J. Schaben | Los Angeles Times | Getty Images Several months after Fanatics … Read more
A sign hangs above a Dollar General store in Chicago on Aug. 31, 2023. Scott Olson | Getty Images Dollar General shares tumbled Thursday after the discount retailer slashed its sales and profit guidance for the full year, suggesting its lower-income customers are struggling in this economy. Shares of the retailer, which caters to more … Read more
People walk into a Best Buy store in a Brooklyn mall on August 29, 2023 in New York City. Spencer Platt | Getty Images Best Buy raised its fiscal-year profit guidance Thursday after exceeding earnings and revenue expectations for the most recent quarter. The retailer now expects to see full-year adjusted earnings per share in … Read more
BERLIN, GERMANY – SEPTEMBER 04: The Delivery Hero office photographed on September 04, 2020 in Berlin, Germany. (Photo by Jeremy Moeller/Getty Images) Jeremy Moeller | Getty Images Entertainment | Getty Images European food delivery firm Delivery Hero says it plans to spin off its Middle East business Talabat and float it on the Dubai stock … Read more
Joe Kiani, CEO of Masimo. Scott Mlyn | CNBC Earlier this month, Masimo subpoenaed proxy advisors ISS and Glass Lewis for their private communications with investors about the upcoming proxy contest with activist Politan Capital, according to people familiar with the matter. The unusual move comes after the medical device company delayed its annual meeting … Read more
The new Ford F-150 and the all-new Ranger trucks are launched at a celebratory event at the Ford Dearborn Plant on April 11, 2024 in Dearborn, Michigan. Bill Pugliano | Getty Images Ford Motor is the latest company to walk back some of its commitments to diversity, equity and inclusion initiatives. The automaker has taken … Read more
Sarah Palin, 2008 Republican vice presidential candidate and former Alaska governor, arrives for her defamation lawsuit against the New York Times, at the United States Courthouse in the Manhattan borough of New York City, U.S., February 14, 2022. Eduardo Munoz | Reuters A federal appeals court on Wednesday for the second time overturned the dismissal … Read more
Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska. David A. Grogan | CNBC Warren Buffett’s Berkshire Hathaway reached a $1 trillion market capitalization on Wednesday, the first nontechnology company in the U.S. to score the coveted milestone. Shares of the Omaha, Nebraska-based conglomerate have rallied more than 28% … Read more
The HMD Barbie phone is a co-branded product with Mattel, the toymaking giant behind the franchise. HMD HMD, the company behind Nokia-branded phones, launched a Barbie-branded phone Wednesday that comes with calls, texts, and a classic “flip” design — but no internet or social media apps. The HMD Barbie Phone is a hot pink device … Read more
A Dollar General store in Germantown, New York, on Nov. 30, 2023. Angus Mordant/Bloomberg via Getty Images Three of the nation’s largest retailers — Dollar General, Dollar Tree and Kroger — charge fees to customers who ask for “cash back” at check-out, amounting to more than $90 million a year, according to the Consumer Financial … Read more
