Starbucks to close stores, lay off workers in $1 billion restructuring
In the message to employees Thursday, Niccol said the company had reviewed and identified stores where the company would be “unable to to create the physical environment our customers and partners expect, or where we don’t see a path to financial performance.” TD Cowen analyst Andrew Charles wrote in a note to clients that the […]
Walmart joins Spanish La Liga as presenting partner of ‘El Clásico’
Real Madrid’s Spanish defender #20 Francisco Garcia fights for the ball with Barcelona’s Spanish forward #19 Lamine Yamal during the Spanish league football match between FC Barcelona and Real Madrid CF at Estadi Olimpic Lluis Companys in Barcelona, on May 11, 2025. Lluis Gene | Afp | Getty Images Walmart is bringing its brand to […]
The Fed’s interest-rate cuts are fueling a stock market ‘melt-up’ — and ruin for some investors
A buildup in leverage would make the financial system more vulnerable and susceptible to shocks.
U.S. Latino immigrants generate $1.6 trillion in GDP, report says
People seen holding Puerto Rican flag during the annual Puerto Rican Day Parade on 5th Avenue in New York City. Sopa Images | Lightrocket | Getty Images U.S. Latino immigrants accounted for $1.6 trillion in GDP in 2023, according to a new research report by the Latino Donor Collaborative, contributing to an overall purchasing power […]
Trump wanted Jimmy Kimmel cancelled. He gave him his highest ratings in 10 years instead.
Jimmy Kimmel’s free-speech fight with the Trump administration has turned out to be a ratings bonanza.
‘Jimmy Kimmel Live!’ return draws 6.26 million viewers, ABC parent Disney says
File photo: “Jimmy Kimmel Live!” Randy Holmes | Disney General Entertainment Content | Getty Images “Jimmy Kimmel Live!” returned to air Tuesday night, generating 6.26 million total viewers despite significant preemptions across 23% of U.S. TV households, according to data from Nielsen shared by Disney. This viewership is exponentially higher than average. During the 2024-2025 season, a […]
NFL Commissioner Roger Goodell: International team possible
Fans are seen during the NFL London 2021 match between Miami Dolphins and Jacksonville Jaguars at Tottenham Hotspur Stadium on October 17, 2021 in London, England. Tottenham Hotspur Fc | Getty Images NFL Commissioner Roger Goodell is weighing the potential for an international team. “I would say that the markets outside the U.S. are very, […]
Costco’s earnings are due. The bar for growth is higher this time around.
As Costco prepares to report quarterly results Thursday, Wall Street analysts generally have had nice things to say — but some still question how long the company can keep investors happy.
Nexstar evaluating show status for ABC stations
JIMMY KIMMEL LIVE! “Jimmy Kimmel Live!” airs every weeknight at 11:35 p.m. ET and features a diverse lineup of guests that include celebrities, athletes, musical acts, comedians and human interest subjects, along with comedy bits and a house band. Randy Holmes | Disney General Entertainment Content | Getty Images Nexstar Media Group said Wednesday it […]
Here’s how stocks historically perform after Fed rate cuts when trading near record highs
The path for the U.S. stock market, which is trading near all-time highs, is probably higher after the Federal Reserve last week cut its benchmark interest rate, according to LPL Financial.
