Walmart beats estimates, raises outlook as it sees stable consumer health
Walmart raised its forecast for the year on Thursday, as quarterly revenue grew nearly 5%, the company's stores and website ...
Tag: Business
Cisco cutting 7% of workforce, reports earnings and revenue beat for quarter
Cisco CEO Chuck Robbins participates at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2023.Hollie Adams | Bloomberg ...
DraftKings reverses plans for a tax on customers as FanDuel parent Flutter wows Wall Street
Flutter reported phenomenal second-quarter earnings this week, wowing investors and sending shares up about 8% Wednesday as the company's FanDuel ...
Intel sells stake in UK chip designer Arm amid company-wide restructuring and cost cuts
A sign is posted in front of Intel headquarters on August 01, 2024 in Santa Clara, California. Justin Sullivan | Getty ...
Why Wall Street thinks Brian Niccol is the person to revive Starbucks — and end the Howard Schultz era
Brian Niccol, CEO of ChipotleAnjali Sundaram | CNBCWall Street believes Brian Niccol is the right choice to turn around Starbucks ...
Equinox Group-owned gym chain Blink Fitness files for bankruptcy protection
A Blink Fitness gym is seen on Flatbush Avenue on August 12, 2024 in the Flatbush neighborhood of the Brooklyn ...
Chinese business dispute allegedly sparked a bizarre U.S. plot with former U.K. and Australian military officials
Two former Los Angeles County sheriff’s deputies and two former foreign military officials have been charged with threatening a Chinese ...
DirecTV is pushing its pay TV bundle — without a satellite dish
The "For the Birds" ad campaign for DirecTV emphasizes customers don't need a satellite dish anymore for service. The pigeons ...
JPMorgan Chase is opening more small-town branches in middle America
Three years ago, JPMorgan Chase became the first bank with a branch in all 48 contiguous states. Now, the firm ...
Restaurant CEOs’ new favorite word is value as they aim to bring back customers
A sign advertises meal deals at a McDonald's restaurant in Burbank, California, on July 22, 2024.Mario Tama | Getty ImagesRestaurant ...
