It was a strong week for retail earnings. That doesn’t spell a consumer comeback
A Foot Locker, Inc. store. Courtesy of: Foot Locker, Inc.Retail’s biggest winners during first-quarter earnings aren’t thriving because consumers are suddenly spending…
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Pfizer’s drug for advanced lung cancer shows promising long-term trial results
CHICAGO — Pfizer on Friday said its drug for an advanced form of lung cancer showed promising long-term results in…
FDA approves Moderna’s RSV vaccine for seniors, the company’s second-ever product
The FDA has approved Moderna’s RSV vaccine for older adults.Courtesy: ModernaThe Food and Drug Administration on Friday approved Moderna’s vaccine…
AI cancer screening programs are booming, but you’ll likely have to pay for them yourself
Artificial intelligence for cancer screening has taken off.Yet most of those new programs aren’t covered by Medicare or private insurers,…
Jeep reveals all-electric Wagoneer S in EV offensive, starting at $72,000
2024 Jeep Wagoneer S EVJeepNEW YORK – The first all-electric Jeep SUV for the U.S. will be the 2024 Wagoneer…
Ulta Beauty CEO outlines plans to boost sales after first-quarter slowdown, shares jump 11%
Ulta Beauty on Thursday laid out plans to boost sales and gain market share after a first-quarter sales slowdown.Comparable sales,…
Nordstrom misses Wall Street’s earnings expectations as off-price chain Rack lifts sales
A Citi Bike docking station outside the Nordstrom flagship store in New York on Feb. 21, 2024.Bing Guan | Bloomberg…
Gap shares pop 20% as earnings beat on sales growth at all four brands
A Gap store in New York, US, on Monday, May 27, 2024. Gap Inc. is scheduled to release earnings figures…
Best Buy jumps 13% as cost-cutting preserves profits despite sluggish sales
Best Buy on Thursday missed Wall Street’s quarterly sales expectations but stressed higher profits and lower costs as softer demand…
FAA won’t clear Boeing to increase 737 Max production for several months, agency head says
Boeing 737 Max 8 fuselages manufactured by Spirit Aerosystems in Wichita, Kansas are transported on a BSNF train heading west…
Kohl’s stock plummets more than 20% after massive earnings miss
Shoppers walk in front of a Kohl’s store in Mount Kisco, New York.Scott Mlyn | CNBCKohl’s shares plummeted more than…
Foot Locker’s turnaround is showing signs of life, CEO sees consumers willing to pay full price
Foot Locker’s turnaround is starting to bear some fruit. The sneaker giant saw comparable sales decline 1.8% during its fiscal first…
Foot Locker stock surges 20% as turnaround shows signs of life
Foot Locker’s turnaround is starting to bear some fruit. The sneaker giant saw comparable sales decline 1.8% during its fiscal first…
Pending home sales in April slump to lowest level since the start of the pandemic
A “sale pending” sign is posted in front of a home for sale in San Anselmo, California, on Nov. 30,…
Foot Locker stock surges 30% as turnaround shows signs of life
Foot Locker’s turnaround is starting to bear some fruit. The sneaker giant saw comparable sales decline 1.8% during its fiscal first…
New basketball league Unrivaled lands star-studded investor lineup, aims to pay highest average salary in women’s pro league sports
Napheesa Collier #24 of the Minnesota Lynx shoots a free throw during the game against the New York Liberty on…
Foot Locker stock surges 13% as turnaround shows signs of life
Foot Locker’s turnaround is starting to bear some fruit. The sneaker giant saw comparable sales decline 1.8% during its fiscal first…
American Airlines shares tumble 13% after sales strategy backfires; carrier cuts growth
An American Airlines’ Embraer E175LR (front), an American Airlines’ Boeing 737 (C) and an American Airlines’ Boeing 737 are seen…
Nelson Peltz sells entire Disney stake weeks after losing proxy battle
Activist investor Nelson Peltz has sold his entire stake in Disney, a person familiar with the matter tells CNBC.Peltz sold…
American shares tumble 13% after sales strategy backfires; carrier cuts growth
An American Airlines’ Embraer E175LR (front), an American Airlines’ Boeing 737 (C) and an American Airlines’ Boeing 737 are seen…
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