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…
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Eli Lilly plans at least $27 billion in new U.S. manufacturing investments
A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March 17, 2024.Scott…
GM raises quarterly dividend, initiates $6 billion stock buyback
DETROIT – General Motors is raising its quarterly dividend and initiating a new $6 billion share repurchase program as the…
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,…
Democrat senators question what Elon Musk plans to do with sensitive CFPB data
Sens. Elizabeth Warren, D-Mass., center, Amy Klobuchar, D-Minn., and Senate Minority Leader Charles Schumer, D-N.Y., conduct a news conference after…
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…
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…
Home Depot earnings beat Wall Street estimates, as retailer breaks comparable sales losing streak
Home Depot on Tuesday topped Wall Street’s quarterly sales expectations, even as elevated interest rates and housing prices dampened consumer…
Jamie Dimon calls U.S. government ‘inefficient’ and says Elon Musk’s DOGE effort ‘needs to be done’
JPMorgan Chase CEO Jamie Dimon on Monday said the U.S. government is inefficient and in need of work as the…
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 |…
Shortage of Novo Nordisk’s Wegovy and Ozempic drugs is resolved, FDA says
Boxes of Ozempic and Wegovy made by Novo Nordisk are seen at a pharmacy.Hollie Adams | ReutersThe long-running U.S. shortage…
Once high-flying Bluebird Bio sells itself to private equity after tough times for the gene therapy maker
Sopa Images | Lightrocket | Getty ImagesBluebird Bio will sell itself to private equity firms Carlyle and SK Capital for…
Yankees throw out one of baseball’s most notorious traditions: Players can now grow beards
Anthony Volpe, Jasson Domínguez and Paul Goldschmidt of the New York Yankees talk during spring training at George M. Steinbrenner…
UnitedHealth’s rough stretch continues, with buyouts, a reported DOJ probe and a 23% drop in three months
FILE PHOTO: The logo of Down Jones Industrial Average stock market index listed company UnitedHealthcare is shown in Cypress, California…
IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company’s history
General atmosphere during an IMAX private screening for the movie “First Man” at an AMC theater in New York City…
Home sales drop sharply as prices hit an all-time high for January
A “For Sale” sign on a house in Philadelphia, Pennsylvania, US, on Friday, Aug. 16, 2024. Joe Lamberti | Bloomberg |…
Hims & Hers to offer at-home blood draws, lean into ‘peptide innovations’ with new acquisitions
The New York Stock Exchange with a Hims & Hers Health banner is pictured in the Manhattan borough of New…
The family-office gold rush is spurring a conference craze — with one notable comeback
From left, the Trump Royale, The Trump Palace and the Trump International Beach Resort are shown in Sunny Isles Beach,…
Rivian beats Wall Street’s fourth-quarter expectations, but expects lower deliveries in 2025
2025 Rivian R1SRivianRivian Automotive beat Wall Street’s fourth-quarter earnings expectations and achieved its first gross quarterly profit – a target…
Hasbro says it’s taking steps to offset China tariff effects
Toy and gaming giant Hasbro took an optimistic tone Thursday on the potential effect of Chinese tariffs on its business,…
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