Target Walmart DEI decisions could hurt Black founders
Brown Girl Jane’s sales have more than doubled since the brand got picked up by Sephora last year. The beauty retailer took the 15 Percent Pledge, an effort to add more Black-owned brands to shelves. Courtesy: Brown Girl Jane Fragrance brand Brown Girl Jane’s perfume bottles sit on shelves at Sephora near some of the […]
Moderna looks to pipeline to restore battered stock after quarterly loss
COVID-19 vaccine sales topped consensus but RSV sales remain modest
Restaurant Brands International (QSR) Q4 2024 earnings
Restaurant Brands International on Wednesday reported same-store sales growth of 2.5%, fueled by the better-than-expected performance from Burger King’s and Popeyes’ restaurants. Shares of the company were roughly flat in morning trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: 81 […]
TikTok returns to Apple and Google app stores. Here’s why that’s a risky move.
TikTok was restored to app stores run by Apple Inc. and Alphabet Inc. on Thursday, after the tech giants were reportedly reassured by the Trump administration that they would not face legal ramifications for doing so.
Zelle payments top $1 trillion in 2024
The Zelle icon is displayed on a phone screen. Jakub Porzycki | Nurphoto | Getty Images Zelle, the payments network run by banks-owned Early Warning Services, crossed $1 trillion in total volumes last year, which it said was the most ever for a peer-to-peer platform. The firm said Wednesday that its user base jumped 12% […]
‘Rates are going to stay where they are’
Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means the Federal Reserve will probably hold off on cutting its benchmark interest rate. The bank’s retail customers are spending about 6% more money in the first 40 days of this year compared with the same period in 2024, […]
Palo Alto Networks’ stock is falling. Here’s what was missing from earnings.
The cybersecurity company says its ‘platformization’ strategy is working, but its latest report lacked oomph on a bookings metric.
CVS earnings: (CVS) stock rises
The CVS pharmacy logo is displayed on a sign above a CVS Health Corp. store in Las Vegas, Nevada, on Feb. 7, 2024. Patrick T. Fallon | AFP | Getty Images After a dismal 2024, CVS Health could be starting to turn itself around. Some investors seem convinced, especially after the retail drugstore chain on […]
Trump unveils plan for reciprocal tariffs. Investors are relieved they’re not immediate.
President Donald Trump unveiled a plan Thursday that could lead to new reciprocal tariffs on U.S. trading partners.
As Trump ups tariffs, GM and Hyundai increase South Korean imports
President Donald Trump welcomes South Korea’s President Moon Jae-In at the White House in Washington, U.S., May 22, 2018. Carlos Barria | Reuters DETROIT — As President Donald Trump threatens to further increase tariffs on U.S. trading partners, the greatest impact for the auto industry outside of North America would be additional levies on South […]
