Posted inEconomy
What AI bubble? Nvidia’s strong earnings signal there’s more room to grow
U.S. stock markets were poised for lift off Thursday, after a strong earnings report from…
Posted inEconomy
Longtime Walmart CEO to step down in January
Walmart announced Friday that longtime CEO Doug McMillon will retire at the end of January…
Posted inEconomy
More than 1,000 Starbucks workers strike at 65 stores on Red Cup Day
More than 1,000 unionized Starbucks workers went on strike at 65 U.S. stores Thursday to…
Posted inEconomy
October monthly job cuts surged to a 22-year high
U.S.-based companies announced more than 153,000 job cuts in October, the research firm Challenger, Gray…
Posted inEconomy
Yum Brands begins strategic review for struggling Pizza Hut chain
Yum Brands said on Tuesday it was exploring strategic options for its Pizza Hut chain…
Posted inEconomy
Kimberly-Clark to buy Kenvue in $48.7 billion deal
Kimberly-Clark said on Monday it will buy Tylenol maker Kenvue KVUE.N in a cash-and-stock deal…
Posted inEconomy
Barbie, Monopoly toymakers see bright holiday season despite tariff pressure
President Donald Trump’s tariffs are hitting toy giants Mattel and Hasbro as the critical holiday…
Posted inEconomy
Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster
Target said Thursday that it is eliminating about 1,800 corporate positions in an effort to…
Posted inEconomy
Travis Kelce part of investor group aiming to revive struggling Six Flags
A group that includes activist investor Jana Partners and NFL player Travis Kelce says it…
Posted inEconomy
Trump’s Argentina beef import plan will harm U.S. ranchers, industry warns
The American cattle ranching industry is blasting President Donald Trump’s proposal to purchase beef from…