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Markets
Billionaire investor Bill Ackman starts fundraising for new US fund
Hedge fund manager Bill Ackman kicked off fundraising for a new U.S.-listed closed-end fund on…
Dollar General stock slides as earnings show soft consumer demand
Dollar General stock plunged 27% on Thursday after the company released second-quarter financial results that…
GM conducting layoffs in software and services division
General Motors is laying off staff in the company's software and services division. The layoffs…
Walmart beats Wall Street expectations as it offers more grocery discounts
Walmart, the largest retailer and private employer in the U.S., reported another strong quarter, surpassing…
Incoming Starbucks CEO Brian Niccol poised to get sizable compensation
Brian Niccol will receive a sizable pay package once he takes over as the CEO…
Walmart wins, Starbucks boots CEO and Trump and Harris duel on economy
Stocks wrap up the best week of 2024 on inflation, Federal Reserve outlook Vice President…
Plastic manufacturers push back after Biden administration agrees to support global goal to cap production
An industry organization is pushing back after the U.S. reportedly announced that it will support…
Wally Amos, founder of world famous cookies, dies at home in Hawaii: reports
The founder of Famous Amos cookies, a popular chocolate chip cookie, died on Tuesday at…
Legendary beauty products seller Avon files for bankruptcy
Avon Products filed for Chapter 11 bankruptcy on Monday as the beauty brand looks to…
JetBlue downgraded by S&P and Moody’s amid $3B debt raise
Ratings agencies S&P and Moody's downgraded JetBlue Airways after the carrier unveiled plans to raise…
Tesla halts orders for $61,000 Cybertruck, cheapest version now $100,000
Tesla stopped taking orders for the cheapest model of its Cybertruck electric pickup, which was…
Matt Cole: ‘A social and political agenda is being pushed into corporate America’ with investors’ money
Corporate America has increasingly been influenced by left-wing political movements, ESG-focused investing, DEI practices and…
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