Ex-CEO Howard Schultz says Starbucks needs to revamp its stores after big earnings miss
Howard Schultz, former chief executive officer of Starbucks Corp., drinks from a Starbucks mug during a Senate Health, Education, Labor,…
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Star Wars was the first Lego license — 25 years later, it’s stronger than ever
Star Wars Lego models are seen at the Bricks & Figs museum in Krakow, Poland, on April 15, 2023.Anadolu |…
Dave & Buster’s plan to allow betting on arcade games draws scrutiny
A Dave & Buster’s location in the Gateway Center shopping complex in the Brooklyn borough of New York, US, on…
Amgen stock soars on weight loss injection progress as Novo Nordisk, Eli Lilly shares slide
Amgen‘s stock rose more than 12% on Friday after the drugmaker teased positive initial data on its experimental weight loss…
Berkshire Hathaway’s big mystery stock wager could be revealed soon
Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska.David A. Grogan | CNBCBerkshire Hathaway,…
Skydance bid for Paramount hinges on Shari Redstone as special committee ends exclusive talks
Shari Redstone, chair of Paramount Global, attends the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on…
Amgen scraps experimental weight loss pill, moves forward with injection
The Amgen logo is displayed outside Amgen headquarters in Thousand Oaks, California, on May 17, 2023.Mario Tama | Getty ImagesAmgen…
Wayfair shares surge after furniture retailer cuts losses by more than $100 million
Wayfair’s sales slid during its first quarter, but the online furniture retailer reduced its losses after cutting 13% of its…
Sony and Apollo send letter expressing interest in $26 billion Paramount buyout as company mulls Skydance bid
Shari Redstone, Paramount Global, attends the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, July 11, 2023.David…
Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff as it looks to refinance debt
Barry McCarthy, president and CEO of Peloton Interactive, walks to a morning session at the Allen & Company Sun Valley…
Wayfair shares surge 17% after furniture retailer cuts losses by more than $100 million
Wayfair’s sales slid during its first quarter, but the online furniture retailer reduced its losses after cutting 13% of its…
Moderna loses less than expected as Covid vaccine sales beat estimates, cost cuts take hold
Nikos Pekiaridis | Nurphoto | Getty ImagesModerna on Thursday posted a narrower-than-expected loss for the first quarter as the company’s…
Viking shares rise 8% after cruise line operator’s market debut
A trader works inside a booth, as screens display Viking cruise company logo, on the floor of the New York…
Carvana shares spike 30% as used car retailer posts record first quarter
Vehicles are seen on display at a Carvana dealership in Austin, Texas, on Feb. 20, 2023.Brandon Bell | Getty ImagesShares…
Pfizer beats earnings estimates, raises outlook on cost cuts and smaller-than-feared drop in Covid drug sales
Jakub Porzycki | Nurphoto | Getty ImagesPfizer on Wednesday reported first-quarter revenue and adjusted profit that beat expectations and hiked…
Bally Sports regional networks go dark for Comcast cable customers
A Bally Sports display is shown in the eighth inning of the game between the Houston Astros and Minnesota Twins…
Long-predicted consumer pullback finally hits restaurants like Starbucks, KFC and McDonald’s
It’s finally here: the long-predicted consumer pullback.Starbucks announced a surprise drop in same-store sales for its latest quarter, sending its…
CVS shares plummet as health company slashes profit outlook on higher medical costs
CVS Health on Wednesday reported first-quarter revenue and adjusted earnings that missed expectations and slashed its full-year profit outlook, citing…
NYCB shares jump 30% after CEO gives two-year plan for ‘clear path to profitability’
A New York Community Bank stands in Brooklyn, New York City, on Feb. 8, 2024.Spencer Platt | Getty ImagesNew York…
Yum Brands earnings miss estimates as Pizza Hut, KFC sales disappoint
A Pizza Hut store is seen on November 01, 2023 in Austin, Texas.Brandon Bell | Getty ImagesYum Brands on Wednesday…
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