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Starbucks to lay off 1,100 corporate workers as sales sag
Starbucks will lay off 1,100 corporate employees and will not fill several hundred other open positions, the coffee chain’s CEO Brian Niccol said Monday.NBC News - Feb. 24 -
Starbucks to lay off 1,100 corporate workers as sales sag
Starbucks made the layoff announcement after four straight quarters of falling same-store sales.CNBC - Feb. 24 -
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Fyre Festival 2 tickets go on sale after spectacular flameout in 2017
Event organizer Billy McFarland went to prison for fraud after the first Fyre Festival epically failed. Now he's ready to get the party started — again.CBS News - Feb. 24 -
Tesla sales slid by nearly 50% across Europe at the start of 2025
A drop in new registrations for Tesla came even as sales of battery-electric vehicles rose an overall 34% in the region, with Volkswagen and SAIC Motor increasing their market share.MarketWatch - Feb. 25 -
Fyre festival 2: tickets go on sale for follow-up to infamous disaster
No musical line-up has been confirmed but tickets to the Mexican sequel are now available with prices up to $1.1m. Tickets to the second Fyre festival have gone on sale this week, promising a more ...The Guardian - Feb. 25 -
Why did Tesla sales fall for the first time in 12 years?
Elon Musk's company, Tesla, saw its sales fall by 1% in 2024, despite global electric vehicle sales rising 7.3%. It marked the first time the company's annual sales have fallen in 12 years. CBS ...CBS News - Feb. 25 -
Here’s why more than $1 billion in sales was not enough for Grocery Outlet
Grocery Outlet Holding Co.’s sales topped $1 billion in the fourth quarter, slightly above Wall Street expectations, but weaker quarterly profits and 2025 guidance dragged the stock down more than ...MarketWatch - Feb. 26 -
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Tesla shares falling as European sales drop. Is Musk to blame?
Tesla's shares dropped by more than 9% as sales in at least five European countries disappoint. CBS News' Ramy Inocencio reports on the potential correlation to Elon Musk.CBS News - Feb. 26 -
Lowe's beats Wall Street expectations as it starts to break out of sales slump
Lowe's followed rival Home Depot in reporting better-than-expected quarterly sales.CNBC - Feb. 26 -
Tesla’s Tumbling European Sales Could Foreshadow Trouble Domestically
The EV maker’s sales fell 45 percent amid CEO Elon Musk’s ongoing involvement in political affairs in the U.S. and abroad.Inc. - Feb. 26 -
Nvidia sales grow 78% on AI demand, company gives strong guidance
Nvidia reported fourth-quarter earnings that beat Wall Street expectations. The company also provided strong guidance for the current quarter.CNBC - Feb. 26 -
Nvidia revenues jump almost 80% on booming AI chip sales
Chief Jensen Huang says demand remains strong despite worries China’s DeepSeek could stymie growthFinancial Times - Feb. 27 -
Pending home sales drop to the lowest level on record in January
Home prices nationally are still higher than they were a year ago.CNBC - 6d -
Dell forecasts $15 billion of AI server sales this year
Dell said that it sold about $10 billion of AI-optimized servers in its fiscal 2025, and expects to sell about $15 billion in AI system sales this year.CNBC - 6d -
Trump administration approves nearly $3 billion arms sale to Israel
The arms sale approval comes as the first phase of the ceasefire between Israel and Hamas is set to expire on Saturday.CBS News - 5d -
Trump administration approves nearly $3 billion arms sale to Israel
The Trump administration approved a nearly $3 billion arms sale to Israel on Friday, bypassing the normal congressional review by declaring the war against Hamas an "emergency." The State ...NBC News - 5d -
Singapore probes suspected fraud in sales of US-controlled Nvidia chips
Arrests made in city-state after raids on 22 locationsFinancial Times - 3d -
Walgreens’ breakup looms as $10 billion sale to go private is reportedly in the works
Drugstore chain Walgreens Boots Alliance Inc. is closing in on a roughly $10 billion deal to sell itself to Sycamore Partners, a private-equity firm, which would then take Walgreens private and ...MarketWatch - 2d -
For sale by owner: Federal office buildings can help the housing crisis
The Trump administration is considering selling or canceling leases on thousands of empty federal buildings to help solve the dual problems of a surplus of empty federal office buildings and the ...The Hill - 2d -
Target’s Sales Forecast Is Down Thanks to Tariffs and a Customer Spending Slump
CEO Brian Cornell says that tariffs on imports from Mexico, Canada, and China could increase prices “over the next couple of days.”Inc. - 2d -
Ontario halts US alcohol sales as Trump tariffs take hold
Liquor bottles are flying off the shelves in Canada, but not because they are being sold. The Liquor Control Board of Ontario says it is pulling American-made spirits in response to the U.S. and ...The Hill - 1d -
Joann store closures: See the list of nearly 800 locations headed for sale
After more than 80 years, national fabric and craft retailer Joann is another step closer to being erased from shopping centers across the U.S. after the release of nearly 800 locations going up ...The Hill - 1d -
Foot Locker’s sales recovery continues, but consumer pressures hurt outlook
Foot Locker’s stock was tripped up by downbeat full-year outlook, which offset continued sales improvements.MarketWatch - 1d -
Tesla has another bad month in Germany as sales tumble 76%
Tesla has its second straight difficult month in Germany, as data released Wednesday showed that vehicle registrations fell 76% in February in Europe’s largest economy.MarketWatch - 1d -
Tesla for Sale: Buyer’s Remorse Sinks In for Elon Musk’s E.V.-Owning Critics
The backlash against the electric vehicle company has intensified as the billionaire ally of President Trump exerts his power over the federal government.The New York Times - 1d -
Asus ROG Ally Extreme Bundle Is Back On Sale For Only $450
Asus ROG Ally Z1 Extreme + Official Travel Case $450 (was ...GameSpot - 21h -
Tesla’s EU Sales Drop as Anger Toward Elon Musk Grows
February numbers show the U.S. electric-car maker is struggling to attract buyers in the region. Mr. Musk’s politics aren’t helping.The New York Times - 20h -
Zelda Master Sword Replica On Sale For Big Discount At Amazon
One of the coolest The Legend of Zelda collectibles is on sale for a substantial discount at Amazon. The 42-inch Master Sword Proplica is up for grabs for $160 (was $200) . The 20% discount ...GameSpot - 2h -
BJ’s Wholesale stands out by not warning on sales due to tariffs. Stock soars.
Tariffs will raises prices for Americans, but BJ’s will use it’s ‘muscle’ when negotiating with suppliers to keep inflation down.MarketWatch - 1h -
Government finances in surplus but pressure builds on Reeves
Chancellor faces a rising challenge to keep her tax and spending plans on track after missing forecasts.BBC News - Feb. 21 -
DOGE Sparks Surveillance Fear Across the US Government
The US government has increased the use of monitoring tools over the past decade. But President Donald Trump’s employee purges are making workers worry about how their data could be abused.Wired - Feb. 21 -
Judge allows Trump's government workforce cuts to continue
A federal judge will allow the Trump administration's cuts to the government workforce to continue after declining a request from labor unions for relief. The judge says he lacks jurisdiction and ...CBS News - Feb. 21 -
Why Republicans are at odds about how to fund the government
The Republican-controlled Senate adopted a $340 billion budget blueprint. Next week, the GOP-led House will advance its own proposal. There are some differences in strategy, and President Trump ...CBS News - Feb. 21 -
Trump touts efforts to reshape government in CPAC speech
President Trump spoke at the Conservative Political Action Conference in Washington, D.C., on Saturday, marking his first address to the conservative gathering since the beginning of his second ...NBC News - Feb. 23 -
China government spending on citizens lags economic peers
Relatively low expenditure that directly supports individual consumption could undermine growth effortsFinancial Times - Feb. 23 -
Germany has voted. But what kind of government will it have?
The country faces weeks or even months of coalition negotiations after no party won a majority. It has been a extraordinary election in Germany, and the result has been keenly awaited around the ...The Guardian - Feb. 23 -
How will Germany’s Merz build his coalition government?
CDU leader has vowed to seal negotiations with the Social Democrats by AprilFinancial Times - Feb. 25