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 ...
Tag: Breaking News: Business
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 ...
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 ...
Starbucks shares sink 12% as coffee chain slashes 2024 forecast amid same-store sales drag
A Starbucks coffee shop in Amsterdam.Nicolas Economou | Nurphoto | Getty ImagesStarbucks on Tuesday reported weaker-than-expected quarterly earnings and revenue, ...
This is the level where the 10-year Treasury yield becomes a ‘clear problem’ for stocks, Goldman study shows
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 29, 2024. Brendan ...
ISS endorses most of activist Ancora’s nominees for Norfolk Southern board
Influential proxy advisory firm Institutional Shareholder Services recommended on Tuesday that Norfolk Southern shareholders support five of activist Ancora's seven ...
Skydance extends final offer to Paramount as merger talks stick on a possible shareholder vote
Bob Bakish, CEO of Paramount, speaks with CNBC's David Faber on Sept. 6, 2023.CNBCIn what could easily be a plotline ...
Starbucks, Workers United made ‘significant progress’ in this week’s contract talks
A Starbucks worker boards the Starbucks union bus after Starbucks workers stood on the picket line with striking SAG-AFTRA and ...
American Airlines cuts some international flights into 2025, citing Boeing delivery delays
Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023. JanValls | Nurphoto ...
Digital ad market is finally on the mend, bouncing back from the ‘dark days’ of 2022
A view of Google Headquarters in Mountain View, California, United States on March 23, 2024. Tayfun Coskun | Anadolu | Getty ...
