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Tag: Breaking News: Business

Lowe’s beats Wall Street expectations as it starts to break out of sales slump

A Lowe's store stands in Brooklyn on February 27, 2024 in New York City. Spencer Platt | Getty ImagesLowe's topped Wall Street's quarterly earnings...

Target strikes deal with sportswear brand Champion, as it tries to rev up apparel sales

Target will soon have another brand to dangle as the discounter tries to convince more shoppers to buy clothing and other discretionary merchandise...

Lucid CEO steps down; EV maker plans to more than double production in 2025

Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, 2024.Justin Sullivan |...

More traders turn bullish in first quarter even as market shows signs of fatigue, Schwab survey says

Traders work on the New York Stock Exchange (NYSE) floor on Feb. 20, 2025 in New York City.Spencer Platt | Getty ImagesAn expensive...

Here’s why Home Depot remains a buy after retailer clears lowered earnings bar

Home Depot on Tuesday reported better-than-expected fourth-quarter results, but high interest rates continue to cloud its outlook for the year. Net sales in...

How digitally native companies like Rothy’s are growing profitably in a new era for retail

Direct-to-consumer footwear brand Rothy's just recorded its best year on record after the company appointed retail veteran Jenny Ming, one of the co-founders...

How private equity played a role in Red Lobster and TGI Fridays bankruptcies

Private equity has expanded its influence on the bar and restaurant industry, investing $94.5 billion between 2014 and 2024, according to data from...

Eli Lilly is selling higher-dose vials of Zepbound at a lower price to boost weight loss drug access

An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023.Brendan McDermid | ReutersEli...

Home Depot will report earnings before the bell. Here’s what to expect

A Home Depot store in Louisville, Kentucky, on Aug. 14, 2023.Jon Cherry | Bloomberg | Getty ImagesHome Depot will report its fiscal fourth-quarter...

These are the 2025 CNBC Changemakers: See the full list of women transforming business

The second annual CNBC Changemakers list of women who are transforming business and philanthropy showcases biotech breakthroughs, AI advances, women's health, and both...

Starbucks to lay off 1,100 corporate workers as sales sag

Starbucks' corporate headquarters seen in Seattle. The company announced its Q2 earnings on 27th Apr 2021. Toby Scott | Lightrocket | Getty ImagesStarbucks will...

Berkshire shares rise on surge in operating earnings, but questions linger about cash

Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. David A. Grogen |...

Europe’s luxury sector is showing signs of revival — but China weakness and tariff threats loom

A Gucci luxury goods store in the Galleria Vittorio Emanuele shopping mall in Milan, Italy.Bloomberg | Bloomberg | Getty ImagesEurope's troubled luxury sector...

MSG Networks reaches deal with Altice USA to bring back New York Knicks, Rangers games

Jalen Brunson, #11 of the New York Knicks, drives to the basket during the game against the Indiana Pacers in Round 2, Game...

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