Bed Bath & Beyond relaunches first store in Nashville
Signage is displayed outside a permanently closed Bed Bath & Beyond retail store in Hawthorne, California, on May 1, 2023. Patrick T. Fallon | AFP | Getty Images Bed Bath & Beyond is back — kind of. The bankrupt home goods chain is being resurrected by the owners and licensees of its intellectual property, which […]
Wendy’s says U.S. sales were weak, because people were confused by too many promotions
CEO Ken Cook said the company has “more work to do” to improve its U.S. business, which saw sales fall for a second straight quarter.
Sweetgreen cuts outlook for second time in two quarters
People walk past a Sweetgreen restaurant in Manhattan. Jeenah Moon | The Washington Post | Getty Images Sweetgreen shares dropped more than 25% on Friday after the salad chain cut its 2025 outlook for the second quarter in a row, citing issues with its loyalty program, weak consumer sentiment, tariff headwinds and store challenges. For […]
Crocs reducing orders in the second half due to cautious consumer
Inside a Crocs store at Queens Center in New York. Ryan Baker | CNBC Casual footwear company Crocs plans to reduce orders for the second half of the year amid what its CEO called a “concerning” environment for the consumer. “We see the U.S. consumer behaving cautiously around discretionary spending. They are faced with current […]
U.S. Open prize money this year is the most ever given out at a tennis tournament: $90 million
The men’s and women’s singles winners will each earn $5 million at the 2025 U.S. Open
Eli Lilly (LLY) Q2 2025 earnings report
Eli Lilly on Thursday hiked its 2025 guidance and posted second-quarter earnings that topped estimates on strong demand for its blockbuster weight loss and diabetes drugs. The company raised its fiscal 2025 sales guidance to $60 billion to $62 billion, from a previous outlook of $58 billion to $61 billion on underlying strength across its business. […]
It’s a new era of central-bank dissent with a whiff of stagflation in the air
It’s an era of unprecedented central bank dissension — and agreement is hard to find when the goals are in conflict.
Warner Bros. Discovery film studios lift second-quarter results
Warner Bros. Discovery’s earnings got a boost from its film studios after a handful of box-office hits during the second quarter. The period from April though June saw the releases of “A Minecraft Movie,” “Sinners,” “Final Destination: Bloodlines” and “F1,” which together generated $2 billion in the global box office to date, the company said […]
‘Billions’ in Medicare waste? Read the fine print.
Yet another investigation into federal government spending has found that “waste, fraud and abuse” is a lot less than some people say.
Eli Lilly obesity pill orforglipron led to 12% weight loss
Eli Lilly on Thursday said the highest dose of its daily obesity pill helped patients lose almost 12% of their body weight, or roughly 27 pounds, at 72 weeks in a late-stage trial, paving the way for its entrance into the market. The pill’s weight loss was 11.2% when analyzing all patients regardless of discontinuations. […]
