Business

Compilation of Target, Walmart, Lowe’s and Home Depot stores. Reuters High food prices. Low unemployment. And eye-popping spending on concert tickets and European trips. Retailers are chasing shoppers as they navigate contradictory dynamics like cooling inflation, rising interest rates and pandemic-induced jolts to the way people live, work and shop. That has made it tricky

People walk on the campus of the University of North Carolina Chapel Hill on June 29, 2023 in Chapel Hill, North Carolina. Eros Hoagland | Getty Images Over the past few years, Alicia Browne has noticed a change in what college students haul out of cars on move-in days at the University of Alabama. Along

In this article TSAT-CA Follow your favorite stocksCREATE FREE ACCOUNT A rendering of Telesat’s low earth orbit broadband constellation Telesat Shares of Canadian telecommunications satellite operator Telesat surged on Friday after the company announced it would swap suppliers for its planned Lightspeed global internet network. Canadian space company MDA will now build the Lightspeed satellites,

In this article ILMN Follow your favorite stocksCREATE FREE ACCOUNT A building on the campus at the world headquarters of Illumina is shown in San Diego, California, September 1, 2021. Mike Blake | Reuters The Securities and Exchange Commission is investigating Illumina over its controversial $7.1 billion acquisition of cancer test developer Grail, the DNA

Major retailers and brands have driven $14 billion in revenue to Black-owned businesses since May 2020. In the last three years, Nordstrom, Macy’s, Sephora, Ulta Beauty and 25 others have partnered with nonprofit organization Fifteen Percent Pledge. The group asks companies to reflect the Black community that makes up 15% of the U.S. population by

In this article FOXA Follow your favorite stocksCREATE FREE ACCOUNT People walk by the News Corporation headquarters, home to Fox News, on April 18, 2023 in New York City. Spencer Platt | Getty Images Fox Corp. Chief Legal and Policy Officer Viet Dinh will step down from his post, months after the company agreed to

This is the final part of a three-part series on organized retail crime. The stories examine the claims retailers make about how theft is impacting their business and the actions companies and policymakers are taking in response to the issue. Read the first story here and the second here. Pedestrians walk past a vacant storefront along the

In this article SBGI NXST GTN SSP Follow your favorite stocksCREATE FREE ACCOUNT Christian Petersen | Getty Images Sport | Getty Images Tensions are building among broadcast station owners and pay-TV providers as the local rights to air NBA, NHL and MLB games go up for grabs. Broadcast station owners including E.W. Scripps Co., Gray

Nikola Jokic of the NBA’s Denver Nuggets prepares to be interviewed by ESPN’s Lisa Salters after the fourth quarter of the Nuggets’ 113-111 Western Conference finals game 4 win over the Los Angeles Lakers at Crypto.com Arena in Los Angeles, May 22, 2023. Aaron Ontiveroz | Denver Post | Getty Images It’s clear to the

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images Disney is joining the streaming fight against password sharing. CEO Bob Iger said on Wednesday’s earnings call that

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Members of the Writers Guild of America and the Screen Actors Guild walk the picket line outside of Disney Studios in Burbank, California, on July 18, 2023.  Robyn Beck | AFP | Getty Images When the markets close Wednesday, all eyes will be on Bob

Rocket Lab Rocket Lab on Tuesday reported second-quarter results that largely met Wall Street’s expectations, and the company said it added contracts for 10 more launches in 2023 and 2024. “The second quarter saw strong performance across Rocket Lab’s launch and space systems businesses with three successful Electron [rocket] launches, more than 17 spacecraft featuring

In this article STLA GM F Follow your favorite stocksCREATE FREE ACCOUNT During a Facebook Live on Aug. 8, 2023, UAW President Shawn Fain Screenshot The leader of the United Auto Workers on Tuesday adamantly defended lofty demands for the union’s members who work for the Detroit automakers, while calling recent contract proposals from Stellantis

In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Electric vehicle maker Rivian Automotive on Tuesday reported a loss for the second quarter that was narrower than expected and raised its production guidance for the

In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT When Dr. Tra’chella Johnson Foy greets her patients, she sits across from them facing away from the computer in the exam room. Then, she pulls out her phone, and asks for permission to record the appointment. “It listens in on our visit so I can

There’s no denying automation will eliminate certain jobs in the coming years. But as companies adopt robots on manufacturing floors, in kitchens and on delivery routes, workers have a growing opportunity to join the ranks in helping to build and implement the technology. Both humanoid and nonhumanoid robots are set to reduce employment in the

Affirmative action supporters and counterprotesters shout at each other outside the U.S. Supreme Court building in Washington, D.C., June 29, 2023. Kent Nishimura | Los Angeles Times | Getty Images Even before the Supreme Court‘s ruling on affirmative action policies in college admissions, the nation’s top business leaders expressed concern over how the decision could

In this article GS Follow your favorite stocksCREATE FREE ACCOUNT David Solomon, Chairman and CEO, Goldman Sachs, participates in a panel discussion during the annual Milken Institute Global Conference at The Beverly Hilton Hotel on April 29, 2019 in Beverly Hills, California. Michael Kovac | Getty Images Entertainment | Getty Images Goldman Sachs is known

Shoppers at Brickell City Centre in Miami, Florida, US, on Wednesday, June 14, 2023.  Eva Marie Uzcategui | Bloomberg | Getty Images It’s not your imagination: Companies are getting stingier with customer rewards. Airlines are making it harder to earn elite status. Retailers have tightened return windows and tacked on fees. Dunkin’ and Sephora are

In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Barbie The Movie Courtesy: Warner Bros.  “Barbie” is less than $100 million away from topping $1 billion at the global box office. Heading into the weekend, the bubblegum pink flick from Warner Bros. Discovery and Mattel has tallied $916.1 million. It’s expected to hit the