Latest in Walmart hikes its outlook again as shoppers spend more outside the grocery aisles
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Walmart hikes its outlook again as shoppers spend more outside the grocery aisles
The discounter will deliver its latest sales results as inflation cools and the holiday season heats up.Business - CNBC - 2 hours ago -
Walmart sales beat again and outlook raised, as retailer cites ‘resilient’ US customers
Walmart’s stock headed for a record after another earnings beat, as general merchandise sales turned positive.Business - MarketWatch - 9 hours ago -
Taxes, spending and borrowing all higher as the new Labour government seeks to 'rebuild' the UK
British Treasury chief Rachel Reeves says taxes will rise by $52 billion to plug a hole in the public finances and provide new funding for the U.K.‘s cash-starved public services, as she announced ...World - ABC News - October 30 -
How to Attract Holiday Shoppers? Target and Walmart Say: Price Cuts and Throwbacks
Big-box retailers are rolling out discounts ahead of the winter shopping season.Business - Inc. - October 23 -
Asia needs to spend much more to adapt to climate change and limit its damage, bank study says
A study by the Asian Development Bank shows that countries in Asia will suffer worse damage from the climate crisis than other regions and they are not spending enough to limit the damage and adapt ...World - ABC News - October 30 -
STMicroelectronics Cuts Outlook Again on Continued Weak Demand
STMicroelectronics slashed its annual guidance for the third time this year after posting a slump in net profit and sales, as demand for chips in cars and industrial equipment remained weak.Business - The Wall Street Journal - October 31 -
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Outside spending eclipses $1 billion in the presidential race, setting a new record
Outside groups have poured a record-breaking $1.1 billion into the presidential race with less than two weeks to go before Election Day.Top stories - NBC News - October 24 -
Bristol Myers Squibb tops earnings estimates and hikes outlook, helped by Eliquis and new drugs
The pharmaceutical giant also raised its full-year revenue forecast to an increase of roughly 5%.Business - CNBC - October 31 -
Federal Reserve to Cut Rates Again Despite Unclear Post-Election Outlook
Two days after the election, the Federal Reserve will cut rates again.Business - Inc. - November 3 -
PayPal beat big on a profit metric, but here’s why its stock is falling
PayPal’s fourth-quarter revenue view came in below expectations. The company said it’s focusing on “profitable growth.”Business - MarketWatch - October 29 -
Russian central bank hikes interest rate to record-high 21%, to fight inflation fueled by military spending
Russian central bank hikes interest rate to record-high 21%, to fight inflation fueled by military spendingWorld - ABC News - October 25 -
Roblox updates its safety systems and parental controls under outside pressure
Under outside pressure, Roblox announced updates to its safety systems and parental controls today to protect children. In a blog post, Matt Kaufman, chief safety officer at Roblox said the updates ...Tech - VentureBeat - Yesterday -
Workers warned Budget tax rises will hit their wages
Economists say tax rises in the Budget will mean employers have less to give as pay rises.Top stories - BBC News - October 31 -
Defence chief calls for more spending on military
Treasury minister Darren Jones says defence spending should rise to 2.5% of GDP, but avoids saying by when.Top stories - BBC News - November 10 -
JetBlue’s stock tumbles as downbeat revenue outlook raises risk of more losses
JetBlue’s stock sinks after Q3 results beat expectations but the Q4 revenue outlook disappointed.Business - MarketWatch - October 29 -
EBay’s sales outlook comes in weaker, and stock falls more than 7%
EBay’s slightly better-than-expected quarterly earnings were no match for a weaker sales outlook.Business - MarketWatch - October 31 -
ADM Discloses More Accounting Issues, Cuts Profit Outlook
The agriculture company disclosed more accounting problems and will amend some past financial results while slashing its profit forecast for the year.Business - The Wall Street Journal - November 5 -
Starbucks shares slide after coffee chain says sales fell again, suspends outlook
The company's same-store sales slid for the third consecutive quarter, fueled by a 10% tumble in traffic to its North American stores.Business - CNBC - October 23 -
Walmart Is Testing a Smart New Idea, and Its Most Loyal Customers Will Be Very Happy
We’re not going back to how things were. But maybe the future can be better.Business - Inc. - November 9 -
Marqeta’s stock may shed a third of its value as these factors spur weak outlook
The fintech company’s forecast fell short of prior guidance as some customers are moving to in-house solutions and others are reacting to heightened banking regulations.Business - MarketWatch - November 5 -
Cisco sees product orders accelerate in the AI era, and its outlook moves higher
Networking company sees a 20% boost in product orders for the latest quarter.Business - MarketWatch - 5 days ago -
Taiwan again rejects South African demand to move its representative office
Taiwan has rejected South Africa’s demand that it move its representative office in the country from the capital, Pretoria, to the commercial center of JohannesburgWorld - ABC News - October 22 -
The average person will spend more than $100 on Halloween this year
This year, the average person will spend more than $100 on Halloween, with some decorating as early as June. Halloween is no longer one day of candy and costumes for kids.Top stories - CBS News - October 26 -
Wayfair customers are more price conscious, have cut spending as election nears
Wayfair’s stock turned lower as some downbeat comments about the home-goods seller’s customers followed an earnings beat.Business - MarketWatch - November 1 -
European countries are spending more on defense, a think tank says
European nations have boosted their defenses in response to the annexation of the Crimea Peninsula in 2014 and Russia’s full-scale invasion of Ukraine in 2022 but much remains to be done for them ...World - ABC News - November 8 -
Early 2025 Third Base Outlook: Mark Vientos' power provides difference-making potential, and more
Chris Towers highlights Jordan Westburg as one of his biggest rankings moversSports - CBS Sports - October 25 -
Intel Posts More Than $16 Billion Loss but Says Sales Outlook Is Improving
The chip maker attributed nearly $16 billion in charges to its sweeping restructuring efforts. The company’s rosy sales forecast sent shares up about 8% after hours.Business - The Wall Street Journal - October 31 -
Democrats call for investigation into grocery prices
Sen. Elizabeth Warren (D-Mass.) and Rep. Adam Schiff (D-Calif.) are calling on administration officials to investigate Albertsons and other major grocery chains for “predatory practices” they say ...Politics - The Hill - November 4 -
Only 8 monkeys remain free after more than a week outside a South Carolina compound
Authorities say Just eight monkeys remain free from the group who broke out of a South Carolina compound that breeds the primates for medical researchTech - ABC News - 5 days ago -
Lakers planning Pat Riley statue outside of arena as 'icon' will join Kareem Abdul-Jabbar, Magic Johnson, more
Riley, part of six championship-winning Lakers teams, will be the eighth person with a statue in 'Star Plaza'Sports - CBS Sports - Yesterday -
Amazon’s CEO Just Defended Its RTO Mandate Again. Employees Still Aren’t Happy
Andy Jassy argues that the company’s new rule slashing remote and hybrid work is a good thing. He’s said it’s all about workplace culture, but many workers say his words ring hollow.Business - Inc. - November 6 -
Indonesia's Mount Lewotobi Laki Laki erupts again as residents to relocate from its danger zone
Indonesia’s Mount Lewotobi Laki Laki has erupted again, spewing a column of hot clouds 2,500 meters up from its peak three days after a midnight eruption killed nine people and injured dozens of ...World - ABC News - November 6