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Tag: Breaking News: Business

Intel CEO Gelsinger says he respects ‘skepticism’ from investors as chipmaker’s struggles persist

Pat Gelsinger, chief executive officer of Intel Corp., holds a wafer as he speaks at the Computex conference in Taipei, Taiwan, on Tuesday,...

Best Buy stock soars on a beat and raise. We think that’s just the beginning

Best Buy 's quarterly beat and guidance raise on Thursday was good for a 15% pop in the stock as investors rewarded better...

GM folding its all-electric BrightDrop vans into Chevrolet brand

Brightdrop EV600 vanSource: BrightdropDETROIT – General Motors is folding its all-electric BrightDrop commercial vans into the Chevrolet brand in an attempt to increase...

Gap shares halted after apparent early earnings release

Facade of GAP retail store with logo sign on sunny day, San Francisco, California, June 7, 2024. Nurphoto | Nurphoto | Getty ImagesGap shares...

Shohei Ohtani signs trading card deal with Fanatics-backed Topps

Dodgers designated hitter Shohei Ohtani, #17, watches his ball soar after hitting his first home run as a Dodger off of Giants pitcher...

American Eagle saw profits grow nearly 60% as costs come down

A shopper walks past the American clothing and accessories retailer American Eagle store in Hong Kong.Budrul Chukrut | Lightrocket | Getty ImagesAmerican Eagle...

Dollar General shares crater 20% as retailer cuts outlook, blaming ‘financially constrained’ customers

A sign hangs above a Dollar General store in Chicago on Aug. 31, 2023.Scott Olson | Getty ImagesDollar General shares tumbled on Thursday...

Best Buy raises full-year profit guidance after earnings and revenue beat

People walk into a Best Buy store in a Brooklyn mall on August 29, 2023 in New York City.Spencer Platt | Getty ImagesBest...

European food delivery giant Delivery Hero plans IPO of its Middle East unit

BERLIN, GERMANY - SEPTEMBER 04: The Delivery Hero office photographed on September 04, 2020 in Berlin, Germany. (Photo by Jeremy Moeller/Getty Images)Jeremy Moeller...

Appeals court revives Sarah Palin defamation lawsuit against New York Times — again

Sarah Palin, 2008 Republican vice presidential candidate and former Alaska governor, arrives for her defamation lawsuit against the New York Times, at the...

Ford joins list of companies walking back DEI policies

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,...

Nokia brand owner launches Barbie phone for $130 — with no internet

The HMD Barbie phone is a co-branded product with Mattel, the toymaking giant behind the franchise.HMDHMD, the company behind Nokia-branded phones, launched a...

Buffett’s Berkshire Hathaway hits $1 trillion market value, first U.S. company outside of tech to do so

Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska.David A. Grogan | CNBCWarren Buffett's Berkshire Hathaway reached...

Why the value meal is making a comeback

With fast-food customers revolting over higher prices, chains like McDonald's, Burger King and Wendy's are bringing back the value meal.Nearly 80% of Americans...

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