Tag: Business
How unaffordable the housing market is and where it’s getting worse
Ever since the epic run on housing in the first years of the pandemic, fueled by record-low mortgage rates, the market has been plagued by low supply [...]
Cava (CAVA) Q1 2025 earnings
A customer exits a Cava restaurant in New York City on June 22, 2023.Brendan McDermid | ReutersCava on Thursday reported better-than-expected sales in [...]
Bombas taps Jason LaRose as new CEO
Bombas Socks in store.Courtesy: BombasBombas founder David Heath is stepping down from his role as CEO as the socks and apparel company looks to expan [...]
Walmart to increase some prices due to Trump tariffs
Price increases are coming soon to a Walmart near you.On Thursday, Walmart CFO John David Rainey warned investors that even the retail giant known for [...]
Dick’s Sporting Goods to acquire Foot Locker for $2.4 billion
Dick's Sporting Goods said Thursday it plans to acquire rival Foot Locker as it looks to expand its international presence, win over a new set of cons [...]
Walmart (WMT) Q1 2026 earnings
People shop at a Walmart in Rosemead, California, on April 11, 2025. Frederic J. Brown | Afp | Getty ImagesWalmart will report its quarterly earnings [...]
New York AG James sues Capital One after Trump’s CFPB drops claims
The logo for consumer lending firm Capital One Financial Corp. is seen on its headquarters in McLean, Virginia, on Jan. 20. 2023.Win Mcnamee | Getty I [...]
Netflix ad tier has 94 million monthly active users
Netflix said Wednesday its cheaper, ad-supported tier now has 94 million monthly active users — an increase of more than 20 million since its last pub [...]
Video podcasts are the next big pitch
Jason and Travis Kelce with Dunkin Donuts on the New Heights podcast.Courtesy: WonderyAmazon's second-ever Upfronts pitch to advertisers this week fea [...]
WBD renaming Max as HBO Max
Scene from season 3 of White Lotus.Source: HBOHBO became HBO Max became Max. Now, it will be HBO Max once more. Warner Bros. Discovery is renaming its [...]
GM unveils new EV battery tech, aims to be first to market
General Motors battery technician Steven Petty Jr. focuses on aligning electrodes on an anode sample for a prototype LMR battery cell in the making. P [...]
American Eagle withdraws 2025 guidance, says Q1 worse than expected
A customer enters an American Eagle store on April 4, 2025 in Miami, Florida. Joe Raedle | Getty ImagesAmerican Eagle on Tuesday said it's writing off [...]
YouTube will stream NFL Week 1 game in Brazil for free
Patrick Mahomes #15 of the Kansas City Chiefs throws a pass in the first quarter against the Philadelphia Eagles during Super Bowl LIX at Caesars Supe [...]
Hertz shares plummet after weak Q1, $250 million stock offering
DETROIT — Shares of Hertz Global plummeted Tuesday morning after the embattled rental car company reported disappointing first-quarter earnings and a [...]
Carvana, a Used Car Retailer, Thinks Tariffs Could be Good for Business
The chief executive of Carvana, which sells used cars online, said President Trump’s tariffs could help his company by increasing demand for its vehic [...]