Latest in Target says its holiday sales were better than expected — but its profits weren't
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Altadena comedy club PDA burned down, but owners say its love hasn't burned out
The 35-seat venue that was home to local comics and big acts, such as Maria Bamford, Alex Borstein and Fred Armisen, was destroyed in the Eaton fire. Owners already have plans to rebuild.Los Angeles Times - 17m -
Target says its holiday sales were better than expected — but its profits weren't
The big-box retailer's report indicates that deals and promotional events motivated shoppers.CNBC - 2h -
Bank of America tops estimates on better-than-expected investment banking, interest income
The company said fourth-quarter profit more than doubled to $6.67 billion, or 82 cents per share, from a year earlier.CNBC - 4h -
Target’s holiday sales show a rebound from third-quarter doldrums
Target raised guidance for a key metric in an update on its holiday sales after achieving records for both Black Friday and Cyber Monday promotional events.MarketWatch - 3h -
TSMC cuts profitability target as cost of diversifying supply chains bites
World’s biggest chipmaker faces less efficient operations in US and Japan but gets boost from AI demandFinancial Times - 9h -
Macy’s stock slides as retailer warns Q4 sales could be weaker than expected
Macy’s gave its fourth-quarter update just days after announcing a slate of store closures.MarketWatch - 2d -
Lululemon’s stock jumps as strong holiday sales show demand is improving
Lululemon’s stock rallies toward a 10-month high after guidance for profit, revenue and gross margin were raised.MarketWatch - 3d -
Congo says several towns recaptured from rebels but fighting intensifies in its east
The Congolese army says several towns that fell to armed groups in the eastern North Kivu and South Kivu provinces have been recaptured by government forcesABC News - 3d -
Stock market plunges after better-than-expected December jobs report
The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 more than expected. The unemployment rate also fell to 4.1%. CBS News ...CBS News - 5d -
Nordstrom raises sales outlook after holiday season was better than feared
CEO Erik Nordstrom credited the company's "efforts to remain competitive in the promotional environment and the strength of our offering."CNBC - 5d -
DOGE’s Anti-Regulatory Offensive May Have Merit but Mistakes Its Target
The Elon Musk-led government-slashing initiative seeks to eliminate thousands of costly federal agency regulations, but needs to fix a broken Congress to succeed.Inc. - 6d -
Sainsbury's Christmas Sales Grew; Expects Profit in Line With Market Views
The grocer reported sales volume growth for the key Christmas period and expects to deliver retail operating profit for its fiscal year in line with market consensus.The Wall Street Journal - 6d -
Costco’s holiday-season sales jump was not just about food, analyst says
Costco Wholesale Corp. on Wednesday reported a 9.9% year-over-year sales gain through the final stretch of the holiday-shopping season, marked by a big jump in online sales.MarketWatch - Jan. 8 -
Meta says it's ending its fact-checking program and replacing it with a community-driven system
Meta founder and CEO Mark Zuckerberg announced Tuesday that the social media company is getting rid of its fact-checking program. Instead, it will rely on a community-driven system where users ...CBS News - Jan. 8 -
Eli Lilly's lead in the obesity race has grown. Its recent stock performance says otherwise
Eli Lilly has been one of the worst-performing Club stocks over the past six months.CNBC - Jan. 8 -
Private sector companies added 122,000 jobs in December, less than expected, ADP says
Job creation eased more than expected in December while wages grew at the slowest pace in nearly 3½ years.CNBC - Jan. 8 -
Bench’s Jilted Customers Say the Accounting Startup’s Problems Began Long Before Its Abrupt Shutdown
The tax startup’s recent collapse and subsequent acquisition by Employer.com has left customers unsure about where to turn.Inc. - Jan. 8 -
U.S. Says Sudan’s R.S.F. Committed Genocide and Sanctions Its Leader
A force fighting Sudan’s army in a brutal civil war committed massacres and rape that amount to genocide, the Secretary of State said, two decades after a finding of genocide in the same region.The New York Times - Jan. 7 -
Tesla faces more risk than its stock reflects, prompting a downgrade
Tesla Inc.’s stock slipped 3.4% Tuesday, after Bank of America downgraded the stock to neutral from buy, arguing that it already reflects the long-term potential of such items as robotaxi and ...MarketWatch - Jan. 7 -
J&J says its lung cancer drug combination keeps people alive longer
Johnson & Johnson said its lung cancer regimen – Rybrevant plus Lazcluze – keeps people alive for at least a year longer than AstraZeneca's Tagrisso.CNBC - Jan. 7 -
The UN says more than 5,600 people were killed in Haiti last year as gangs rampage
Officials say more than 5,600 people were reported killed in Haiti last year as a U.N.-backed mission led by Kenya struggles to contain rampant gang violenceABC News - Jan. 7 -
McDonald’s is ‘retiring’ its DEI goals. Why more companies are expected to do the same.
Companies like Walmart, Harley-Davidson and Lowe’s have also changed their diversity initiativesMarketWatch - Jan. 7 -
TGL’s success will ride on its players, not its technology
Technology will draw curious eyeballs, but there has to be a human component to keep viewers coming back.Yahoo Sports - Jan. 7 -
McDonald's says it is rolling back some of its diversity practices
McDonald's joins other major corporations in unwinding its diversity, equity and inclusion efforts.CBS News - Jan. 6 -
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'Liverpool were flustered and rattled - but still weren't beaten'
MOTD2 pundit Alan Shearer explains why there is no need for Premier League leaders Liverpool to panic after their thrilling draw with Manchester United.BBC News - Jan. 6 -
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Russian newspaper says its reporter killed by Ukraine drone strike
Moscow accuses Ukraine's military of deliberately targeting journalist Alexander Martemyanov.BBC News - Jan. 5 -
Quiz: Were these champions older or younger than Littler?
Luke Littler is another of sport's teenage prodigies, but is he younger or older than some of his peers when they first conquered the world?BBC News - Jan. 4 -
Jeff Bezos says everything on Earth is better than it was 50 years ago—except for 1 thing
Amazon founder Jeff Bezos says the "good old days" are a myth, and everything is getting better — except for the state of Earth's natural environment.CNBC - Jan. 3 -
Paul Goldschmidt, joining Yankees, says of his 2024 season with Cardinals: ‘I’m better than this’
Paul Goldschmidt went through a miserable first four months last year, including a career-worst 0-for-32 slide that ended with a May 11 ninth-inning single to avoid his first five-strikeout game.Yahoo Sports - Jan. 3 -
Rivian meets its 2024 vehicle production target after lowering projections
Rivian on Friday said it produced 49,476 electric vehicles last year.CNBC - Jan. 3 -
Tesla Saw Its First Annual Sales Decline in a Dozen Years
Tesla saw a 1.1 percent decrease from 2023 sales.Inc. - Jan. 2 -
Tesla sales dropped 1.1% in 2024, its first annual decline in a dozen years
Tesla’s global annual sales fell for the first time in more than a dozen years, a blow to a stock that has soared since Donald Trump's election and its CEO billionaire became a top policy adviser ...ABC News - Jan. 2 -
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Brompton profits almost wiped out after lower UK and Europe sales
British folding bike specialist cites economic headwinds and sector’s challenges as earnings drop below £5,000Financial Times - Jan. 2
