Target taps Shopify to add sellers to its third-party marketplace
Target is turning to Shopify to add new and trendier brands to its website. Starting Monday, the Minneapolis-based discounter said companies that work with Shopify can apply to join Target Plus, its third-party marketplace. Some of Shopify’s customers are smaller or up-and-coming brands that use the e-commerce platform to build and operate a website. Target […]
Trump beats Biden for ‘king of debt’ title as market braces for crush of federal bonds
Excluding COVID stimulus money, President Trump approved $4.8 trillion in new debt to President Biden’s $2.2 trillion.
Paramount+ to increase prices for its streaming plans
Paramount Global is hiking the price of its flagship streaming service as the company looks to turn around its business. The company said Monday it will raise the price of the Paramount+ with Showtime plan by $1 to $12.99 a month, and the price of its Paramount+ Essential option will increase by $2 to $7.99 […]
‘My mother is being catfished’: She fell ‘madly in love’ with a man over Facebook. How do I convince her that it’s a scam?
“My sister and I found loads of evidence online that this is a fake account. There are actually numerous fake accounts on various platforms that use this guy’s images.”
Novo Nordisk to boost output of Wegovy, Ozempic with new NC facility
Novo Nordisk’s new manufacturing facility in Clayton, North Carolina. Courtesy: Novo Nordisk Novo Nordisk on Monday said it will spend $4.1 billion to build a new manufacturing plant in Clayton, North Carolina, in a bid to boost the supply of its blockbuster weight loss drug Wegovy, diabetes treatment Ozempic and other injectable therapies. Demand for […]
Summer is here — but pool demand less so, Pool Corp. says
Swimming-pool gear distributor Pool Corp. on Monday slashed its profit outlook for this year, citing “persistently weak” demand for new pool construction, sending shares sharply lower in after-hours trade.
Disney Pixar ‘Inside Out 2’ could top $1 billion at box office
Disney and Pixar’s “Inside Out 2” could be the first film since Warner Bros.’ “Barbie” to top $1 billion at the global box office. The animated feature has tallied $724.4 million worldwide as of Sunday, making it the highest-grossing film of 2024. Warner Bros. and Legendary Entertainment’s “Dune: Part Two” previously held this year’s record […]
Ferrari CEO Benedetto Vigna: All-electric model preserves ’emotion’
Ferrari’s all-electric model won’t be launched for over a year, but early tests indicate it has all the driving traits and emotion of a true Ferrari, according to Ferrari CEO Benedetto Vigna. “The final judge will be the client,” Vigna told CNBC during the opening of the company’s new E-Building in Maranello, Italy. “More people […]
Expect the stock market’s winners to keep on winning — until this happens, Morgan Stanley’s top strategist says
There has been a stark divide in the U.S. stock market recently between winners and losers. Morgan Stanley’s top equity strategist, Michael Wilson, expects the winners to keep on winning — and he is recommending that clients keep their portfolios positioned accordingly.
Shein confidentially files for London IPO
Shein sign during its opening, at ABC Serrano, on 26 April, 2024 in Madrid, Spain. Alejandro Martinez Velez | Europa Press | Getty Images Shein, the fast fashion giant with links to China, has confidentially filed for a public listing in London as it faces backlash in the U.S., a person familiar with the matter […]
