Business

Traders work on the floor at the New York Stock Exchange on Feb. 1, 2024. Brendan McDermid | Reuters Here’s how big of a surprise corporate profits have been this earnings season: The fourth quarter is now shaping up to be the best of 2023. Despite ongoing macroeconomic concerns that have hampered demand and weighed

In this article M Follow your favorite stocksCREATE FREE ACCOUNT Tony Spring speaks at an event unveiling the Macy’s new women’s apparel brand, On 34th, in July. Spring is former CEO of Bloomingdale’s and begins as Macy’s CEO in February 2024, succeeding longtime Macy’s CEO Jeff Gennette, right. Melissa Repko | CNBC Inside its headquarters

In this article MCD Follow your favorite stocksCREATE FREE ACCOUNT A man drinks a coke and eats a Big Mac at a McDonald’s in Cologne, Germany, on May 25, 2015. Oliver Berg | picture alliance | Getty Images McDonald’s has upgraded its burgers — but it’s unclear if its sales will get the same boost.

In this article SPOT Follow your favorite stocksCREATE FREE ACCOUNT Podcaster and comedian Joe Rogan. Vivian Zink | SYFY | NBCUniversal Spotify has signed a new blockbuster deal with polarizing podcaster and comedian Joe Rogan, but this time, his show won’t be exclusive to Spotify, the company announced Friday in a news release. The multiyear

In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT Shari Redstone, president of National Amusements, speaks at the WSJ Tech Live conference in Laguna Beach, California, on Oct. 21, 2019. Mike Blake | Reuters Paramount Global nonexecutive chair and controlling shareholder Shari Redstone has been talking to potential buyers interested in acquiring her media

In this article MC-FR Follow your favorite stocksCREATE FREE ACCOUNT Luxury giant LVMH is making a push to gain share of the global luxury watch business, with a newly formed watch division and an array of new, higher-priced models. Sales of luxury watches worldwide are estimated at about $30 billion this year, according to market

Construction workers erect a building in downtown Miami, Florida, on June 14, 2023. Jim Watson | AFP | Getty Images At Ample’s manufacturing facilities in the Bay Area, employees work on the floor alongside robots, making battery packs and other parts for its EV battery swapping technology. The job is clean, high-tech and skilled –

In this article MAT Follow your favorite stocksCREATE FREE ACCOUNT The Mattel Inc. logo is displayed outside the headquarters of the toy company known for products including Barbie and Hot Wheels in El Segundo, California, on June 8, 2023. Patrick T. Fallon | AFP | Getty Images Activist investor Barington Capital is pushing Mattel to

Nick Laham | Getty Images The NFL is holding the Super Bowl in the gambling capital of the U.S. for the first time, but Commissioner Roger Goodell is reminding team personnel that they are not allowed to take part in the action. Goodell sent out a memo on Thursday ahead of Super Bowl LVIII in

In this article RACE RACE-IT Follow your favorite stocksCREATE FREE ACCOUNT Car key for the Ferrari Purosangue SUV. Adam Jeffery | CNBC Luxury sports car manufacturer Ferrari topped Wall Street’s top- and bottom-line earnings expectations for the fourth quarter to finish off a record year of profits. The automaker reported a net profit of 1.26

Wilson products at the Paragon Sports store in the Chelsea neighborhood of New York on Jan. 4, 2024. Jeenah Moon | Bloomberg | Getty Images Amer Sports, the Finnish athletic company behind the Wilson tennis racket and Arc’teryx, debuted on the public markets Thursday with a 5% pop after pricing its IPO at a discount.

In this article MRK Follow your favorite stocksCREATE FREE ACCOUNT The logo for Merck & Co. is displayed on a screen at the New York Stock Exchange (NYSE) in New York City, New York, U.S., November 17, 2021.  Andrew Kelly | Reuters Merck on Thursday reported fourth-quarter revenue and adjusted earnings that topped estimates as

In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT A customer exits a Starbucks store in Manhattan on Jan. 30, 2024, in New York City. Spencer Platt | Getty Images Wall Street is shaking off Starbucks’ weak quarterly report, seemingly taking executives at their word that the company’s challenges are “transitory.” The coffee giant’s

In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT Byron Allen, founder, chairman and CEO of the Allen Media Group, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022. Patrick T. Fallon | AFP | Getty Images Byron Allen, the media mogul offering $14 billion for Paramount Global,

In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT Walmart Inc. President and CEO Doug McMillon delivers a keynote address during CES 2024 at The Venetian Resort Las Vegas on January 9, 2024 in Las Vegas, Nevada. Ethan Miller | Getty Images Walmart already has a huge U.S. footprint. But the retail giant sees

In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT A worker carries bananas inside the Walmart Supercenter in North Bergen, New Jersey. Eduardo Munoz Alvarez | AP Walmart announced a three-for-one stock split on Tuesday as the retailer’s shares sit just below their all-time high. The company said the additional shares will be payable

In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT A Starbucks coffee cup sits on a table at one of the coffee chain’s locations in Miami, Florida, on June 11, 2021. Joe Raedle | Getty Images News | Getty Images Starbucks on Tuesday reported quarterly earnings and revenue that missed Wall Street’s expectations as

In this article UPS Follow your favorite stocksCREATE FREE ACCOUNT A United Parcel Service truck searches for a house driving along the coast of Cape Cod on July 24, 2023 in Orleans, Massachusetts.  Robert Nickelsberg | Getty Images UPS fell short of Wall Street revenue estimates Tuesday, reporting drops in shipping volume, both internationally and

In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT Starbucks is launching its beverages called Oleato in all U.S. stores. Courtesy: Starbucks Starbucks is launching its olive oil-infused drinks in all U.S. stores beginning Tuesday, the company said. The beverages, named Oleato, debuted in Italy in February 2023 after former CEO Howard Schultz visited

As retailers tried to win shoppers and boost sales in recent years, they made their online return policies more lenient than ever. But those changes have come at a cost. As more consumers shop online and send back more of those orders, retailers have moved to crack down on fraud. In some cases, shoppers can