Business Archives - Page 31 of 92

Cryptocurrency ‘pig butchering’ scam wrecks Kansas bank, sends ex-CEO to prison for 24 years

The former CEO of a small Kansas bank was sentenced to more than 24 years in prison for looting the bank of $47...

Microsoft will release controversial Windows Recall AI search feature to testers in October

Microsoft Chair and CEO Satya Nadella speaks on the company's campus in Redmond, Washington, on May 20, 2024.Jason Redmond | AFP | Getty...

As strength training gets more popular, Peloton and Planet Fitness shift focus

Shauntil Cox lifts weights with the help of her trainer, Deano Troost, at a Planet Fitness in New Caney, Texas, on Sept. 19,...

Target CEO Brian Cornell weighs in on price gouging accusations in retail

Brian Cornell, Chairman and Chief Executive Officer of the Target Corporation.Anjali Sundaram | CNBCThere's no room for price gouging in a ultra-competitive business...

Ford delays new EV plant, cancels electric three-row SUV

Ford Mustang Mach-E and F-150 Lightning on display at the New York International Auto Show on March 28, 2024.Danielle DeVries | CNBCDETROIT – Ford...

TJX Companies raises full-year guidance, posts 5.6% sales gain for the most recent quarter

A Marshalls and HomeGoods store entrance in Miami, Florida. Jeff Greenberg | Universal Images Group | Getty ImagesTJX Companies raised its full-year guidance on...

Macy’s cuts sales forecast as department stores struggle to draw shoppers

Macy's logo is seen on a store in Manhattan, New York, United States of America, on July 5th, 2024. Beata Zawrzel | Nurphoto |...

Inflation has led to a strong U.S. dollar. But that’s not always a good thing.

In 2022, the dollar reached its highest level since the early 2000s, after experiencing a decade of sustained growth. The dollar has appreciated...

Health-care system Sesame to offer compounded versions of Wegovy through new $249 weight loss program

Health-care marketplace Sesame on Wednesday announced a new clinical weight loss program that will help eligible consumers access compounded versions of Novo Nordisk's...

These are the 10 best ‘workcation’ cities in the world for hybrid workers

Have you been searching for a location where you can combine work and leisure? Look no further.The Hungarian capital of Budapest has topped...

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

A Target store stands in Manhattan, New York City, on March 5, 2024.Spencer Platt | Getty ImagesTarget will report quarterly earnings on Wednesday...

Shein sues Temu over copyright infringement, alleges rival loses money on every sale

Shein and Temu.Yuki Iwamura | Bloomberg | Stefani Reynolds | AFP | Getty ImagesChinese-linked fast fashion giant Shein is suing rival Temu, alleging...

Mynaric stock tanks after space lasers company slashes revenue guidance, announces CFO departure

A rendering of the company's laser communications system on satellites in orbit.MynaricSpace stock Mynaric tanked in trading Tuesday after the company announced heavy...

GMC expects to outsell its electric truck competitors as it launches new Sierra pickup

2024 Sierra EV Denali Edition 1Source: General MotorsMILFORD, Mich. — General Motors' premium GMC brand wants to become the leader in all-electric truck...

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