Treasury says it won’t have to increase coupon auction sizes for ‘next several quarters’
Annual federal government budget deficits are likely to remain in the neighborhood of $2 trillion or more for the foreseeable future, one analyst notes.
Merck (MRK) earnings report Q2 2025
Merck & Co. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Tuesday, April 8, 2025. Michael Nagle | Bloomberg | Getty Images Merck on Tuesday said it will slash $3 billion in costs by the end of 2027 to be fully reinvested to support new product launches […]
UBS says savings from Credit Suisse deal reach $9.1 billion as profit tops forecast
UBS said it’s now achieved $9.1 billion of gross savings from its purchase of Credit Suisse as the Swiss banking giant reported stronger-than-forecast second-quarter earnings.
Nike loses head of North America women’s business to Athleta
A Nike and Athleta store. Kylie Cooper | Reuters | Michael Brochstein | SOPA Images | LightRocket | Getty Images Gap’s Athleta has tapped the head of Nike’s women’s business in North America as its next CEO, delivering a blow to the sneaker company as it tries to win back more female shoppers. Maggie Gauger, […]
Starbucks rolls out Green Apron Service ahead of earnings
As companies lean into value offerings and buzzy beverages to lure price-sensitive consumers, Starbucks is doubling down on its plans to get back to basics by leaning into hospitality at its cafes. The coffee giant aims to stand out on guest experience in a cutthroat consumer environment as it tries to boost lackluster sales. Last […]
Why a California law to protect office workers could resonate nationally after the NYC shooting
Some safety experts are saying new legislative initiatives are needed in other states following the deadly Midtown Manhattan incident
Starbucks (SBUX) Q3 2025 earnings
Starbucks on Tuesday reported its sixth straight quarter of same-store sales declines as the company implements a turnaround strategy. CEO Brian Niccol said in a statement that the company’s comeback is ahead of schedule, based on his past experience, which includes turning around Chipotle Mexican Grill after a series of food-safety scandals. “While our financial […]
‘He spent every dime’: My daughter’s husband is in prison. Is she responsible for his debts?
“He opened credit cards in his name and spent every dime he could get his hands on, gambling and buying vehicles.”
United Airlines flight attendants vote down contract
United Airline flight attendants picketed outside Terminal B at Logan Airport Thursday morning seeking a new contract. John Tlumacki | Boston Globe | Getty Images United Airlines flight attendants voted down a new labor contract that called for immediate raises of at least 26% and other quality-of-life improvements, their union said Tuesday. The flight attendants’ […]
Royal Caribbean stock gets rocked despite higher demand for cruises. Here’s why.
Royal Caribbean’s stock falls as a slight revenue miss and disappointing current-quarter outlook offset a profit beat and raised full-year outlook.
