Starbucks innovation farms will help climate-proof its coffee
A sign outside of the Starbucks headquarters is seen at Starbucks Center on July 3, 2024 in Seattle, Washington. David Ryder | Getty Images More than a decade ago, Starbucks bought its first coffee farm, in Costa Rica. Now the coffee giant has added two more to its portfolio. The Seattle-based company said Thursday that […]
Why the ‘debasement trade’ lifting bitcoin and gold may continue, says JPMorgan
The financial alternatives to the dollar may have further room to run, says a JPMorgan team.
Ford’s third-quarter sales up 0.7% as GM overtakes it in EVs
A banner advertises the Ford Mustang Mach-E electric vehicle at a Ford dealership on August 21, 2024 in Glendale, California. Mario Tama | Getty Images DETROIT – Ford Motor lost its lead in electric vehicle sales to crosstown rival General Motors during the third quarter, as the automaker’s EV growth slowed. Ford on Wednesday reported […]
Rents are out of control. These tenants are trying a new tactic to fight back.
Striking renters are calling on the federal government to bring what they call neglectful landlords in line.
Diamond Sports to drop MLB teams from Bally Sports regional networks
A microphone with the Bally logo is used for a post game interview following the Atlanta Braves 3-0 victory over the Minnesota Twins at Truist Park on June 28, 2023 in Atlanta, Georgia. Todd Kirkland | Getty Images Major League Baseball is out of here. Diamond Sports — the owner of Bally Sports-branded regional sports […]
Levi (LEVI) earnings Q3 2024
Justin Sullivan | Getty Images Denim-crazed consumers are turning to Levi Strauss & Co for new jeans, but the company’s overall business is being dragged down by its Dockers brand, which the company is now considering selling off, it announced Wednesday. Sales at Levi’s brand were up 5% during its fiscal third quarter — the […]
Levi’s tempers forecast and weighs sale of Dockers — ‘This is all about focus,’ CEO says
Shares of Levi Strauss & Co. slid after hours on Wednesday after the jeans maker tempered its full-year sales forecast, even as management said its core Levi’s brand was leading the way toward improvement and called out potential gains from its new partnership with Beyoncé.
Costco adds platinum bars to its precious metals lineup
Zoom In IconArrows pointing outwards Costco continues to chip away at the gold mine that is the precious metals market. The wholesaler is adding Swiss-made platinum bars to its selection. Costco on Wednesday announced the 1-ounce platinum bars, on sale for $1,089.99 on its website alongside its now-famed gold bars and silver coins. The bars […]
Here’s why 1 in 3 people now turn down wedding invitations
It costs a lot more to throw a wedding than it did a few years ago. The price to attend a wedding has gone up even more, percentage-wise.
Stellantis U.S. auto sales extend free fall in third quarter
Jeep vehicles are delivered to a dealership on June 20, 2024 in Chicago, Illinois. Scott Olson | Getty Images DETROIT — Stellantis‘ U.S. new vehicle sales continued a yearslong free fall during the third quarter, despite CEO Carlos Tavares’ attempts to correct what he has called “arrogant” mistakes. The trans-Atlantic carmaker reported U.S. sales Wednesday […]
