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Tag: Breaking News: Business

H&M shares tumble 7% on profit miss and scrapped margin target

The logo of Swedish clothing retailer H&M hangs over one of its stores on March 28, 2018 in Berlin, Germany.Sean Gallup | Getty...

American Eagle sues Amazon over alleged ‘knock-offs’ of Aerie products

A shopper walks by an American Eagle store on November 21, 2023 in Glendale, California. Justin Sullivan | Getty ImagesAmerican Eagle Outfitters is suing...

New Starbucks CEO Brian Niccol commits to working with union as talks move forward

A Starbucks worker wears a t-shirt and button promoting unionization on April 7, 2022, in Chicago. John J. Kim | Chicago Tribune | Tribune...

Southwest Airlines to cut service and staffing in Atlanta to slash costs

A Southwest Airlines plane takes off from Hollywood Burbank Airport on July 25, 2024 in Burbank, California. Mario Tama | Getty ImagesSouthwest Airlines is...

How birria took over restaurant menus across the country

Birria burrito surrounded by birria tacos, birria munchwrap, birria loaded fries and birria consommé at Little Miner Taco in North Bethesda, Maryland.Laura Chase...

Meet the Latin American e-commerce platform that’s outperforming Amazon this year

One of the world's largest e-commerce companies is emerging as a top pick on Wall Street as investors look for tech opportunities beyond...

Why Nvidia stock is surging, and the lesson to be learned from Home Depot’s rally

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last...

Justice Department accuses Visa of debit network monopoly that impacts price of ‘nearly everything’

Justin Sullivan | etty ImagesThe U.S. Justice Department on Tuesday sued Visa, the world's biggest payments network, saying it propped up an illegal...

Nvidia shares pop as CEO may be done selling shares after hitting preset plan limit

Nvidia CEO Jensen Huang talks onstage with Salesforce CEO Marc Benioff during Salesforce's Dreamforce on September 17, 2024 in San Francisco, California. Justin Sullivan...

Elliott to call for Southwest special meeting ‘as soon as next week’

A Southwest Airlines Boeing 737 departs Los Angeles International Airport en route to Las Vegas on September 19, 2024 in Los Angeles, California. Kevin...

Warner Bros. Discovery partners with Google for AI-generated captions on ‘Max’ streaming service

Jakub Porzycki | Nurphoto | Getty ImagesWarner Bros. Discovery is partnering with Google to integrate the internet giant's AI technology into its Max...

Levi’s teases Beyoncé collaboration as denim trend takes hold

Beyoncé at the 2024 iHeartRadio Music Awards held at the Dolby Theatre in Los Angeles on April 1, 2024.Michael Buckner | Billboard |...

Boeing sweetens labor proposal in ‘best and final’ offer as strike enters second week

Striking Boeing workers hold rally at the Boeing Portland Facility on September 19, 2024, in Portland, Oregon. Jordan Gale | AFP | Getty ImagesBoeing...

How a U.S. crackdown on cheap Chinese imports could help Amazon but challenge Meta

The White House wants to close a trade loophole exploited by Chinese discount e-retailers — a move that would have a ripple effect...

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