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Tag: Breaking News: Business

Amgen starts two critical late-stage trials for weight loss drug MariTide

The Amgen logo is displayed outside Amgen headquarters in Thousand Oaks, California, on May 17, 2023.Mario Tama | Getty ImagesAmgen on Wednesday said...

Novo Nordisk offers Wegovy for less than half the price through new direct-to-consumer pharmacy

Novo Nordisk's Wegovy weight loss drug has seen a meteoric rise in popularity. Nurphoto | Getty ImagesNovo Nordisk on Wednesday said it will offer...

Abercrombie & Fitch shares fall after star retailer posts weak guidance for year ahead

Abercrombie & Fitch's growth story is starting to slow down.The apparel retailer issued weaker-than-expected guidance for its current quarter and fiscal 2025, and...

David’s Bridal taps new CEO as it looks to become media company, build online marketplace

David's Bridal has tapped a new CEO to lead the company as it looks to transform from a legacy retailer into a bridal...

Foot Locker results show the sneaker industry — and Nike — still have more pain ahead

Foot Locker store location on 34th street in New York City.Courtesy: Foot LockerFoot Locker said Wednesday it expects another year of deep discounts...

Adidas sales rise 19% in the fourth quarter, beating expectations

An Adidas flagship store at Nanjing Road Pedestrian Street in Shanghai, China.Cfoto | Future Publishing | Getty ImagesAdidas on Wednesday reported an uptick...

Wine consumption is changing. The industry hopes new trends will help it survive

Grapes are seen in a vineyard in Ruedesheim am Rhein, western Germany.Kirill Kudryavtsev | Afp | Getty ImagesGlobal wine consumption has been on...

Southwest Airlines closing 2 more crew bases in cost-cutting push

A Southwest Airlines aircraft at a gate at Austin-Bergstrom International Airport in Austin, Texas, Feb. 16, 2023.Jordan Vonderhaar | Bloomberg | Getty ImagesSouthwest...

Trump’s tariffs could cut North American auto production by 20,000 vehicles per day

Nissan's Smyrna Vehicle Assembly Plant opened in 1983, marking Tennessee's first major auto facility. The plant employs more than 7,000 people are produces...

Aviation industry pushes Congress for air traffic improvements, more hiring

File photo shows the air traffic control tower at Chicago's Midway International Airport.M. Spencer Green | APAviation industry members on Tuesday again urged...

We’re finally stepping into the market sell-off and buying these 3 stocks

Jim Cramer has been preaching patience. Now it's time to deploy our large cash position. Source link

Target to expand online marketplace, boost product assortment as it aims for $15 billion in sales growth by 2030

Target plans to double down on its third-party marketplace, media network and same day delivery services to drive more than $15 billion in...

Airline stocks tumble amid economic concerns

United airplanes are seen at the Newark Liberty International Airport in Newark, Unitted States on July 16, 2024. Jakub Porzycki | Nurphoto | Getty...

Starbucks poaches Nordstrom CFO as executive shake-up continues

File: Cathy Smith in 2019.Mark Lennihan | APStarbucks announced Tuesday that Nordstrom CFO Cathy Smith will join the company as its new chief...

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