Starbucks has a new accessible store design. Take a look inside
The exterior of Starbucks’ new Union Market location Source: Starbucks Starbucks has unveiled a new store design focused on accessibility and inclusion, with fresh light fixtures and open floor plans. The coffee giant opened the first location with the new design on Friday in Washington, D.C.’s Union Market. “Designing for disabilities is just good design […]
Oatly’s stock slides 10% after loss more than doubles and it warns of a bad 2024
Oatly Inc.’s stock fell 10% Thursday to hover close to its all-time low, after the oat-milk maker’s fourth-quarter loss more than doubled from a year prior and its revenue fell far short of analyst estimates. The Sweden-based company OTLY, -10.37% posted a net loss of $298.7 million, or 50 cents a share, for the quarter […]
Intuitive Machines (LUNR) stock pops as first moon mission begins
A SpaceX Falcon 9 rocket carrying the Nova-C lander for the IM-1 mission launches from pad 39A at the Kennedy Space Center at 1:05 a.m. EDT on February 15, 2024 in Cape Canaveral, Florida. Paul Hennessy | Anadolu | Getty Images Shares of Intuitive Machines spiked in trading on Thursday, as the space company began […]
Shake Shack (SHAK) earnings Q4 2023
The Chicken Shack sandwich from Shake Shack. Shake Shack Stock Chart IconStock chart icon Shake Shack stock. Here’s how the company performed during the period, compared with estimates from LSEG, formerly known as Refinitiv: Earnings per share: 2 cents vs. 1 cent expected Revenue: $286.2 million vs. $280.3 million expected For the last three months of 2023, […]
Investors will have to wait awhile for interest-rate cuts, Fed’s Bostic says
Investors will have to wait until at least July for those widely expected interest-rate cuts, according to one Federal Reserve president’s outlook. Atlanta Fed President Raphael Bostic said rate cuts probably wouldn’t be suitable until the third quarter given the current strength of the economy. That’s a quarter earlier than he originally… Master your money. […]
DraftKings posts 44% revenue growth, but falls short of estimates
In this photo illustration the DraftKings logo seen displayed on a smartphone. Rafael Henrique | Sopa Images | Lightrocket | Getty Images DraftKings on Thursday posted quarterly results that missed Wall Street estimates on the top and bottom line, but it increased its revenue by 44%. Here’s what DraftKings reported compared with what Wall Street […]
Why high-yield bond ETFs may deliver ‘surprise’ outperformance in fixed income
Hello! For this week’s ETF Wrap, I caught up with Michael Arone, State Street’s chief investment strategist, at the Exchange ETF conference in Miami. He shared his take on bonds as ETF investors look for clues as to when the Federal Reserve may cut interest rates. Please send feedback and tips to christine.idzelis@marketwatch.com or isabel.wang@marketwatch.com. […]
Wells Fargo says consent order tied to 2016 scandal lifted
Wells Fargo President and CEO Charlie Scharf attends The Future of Everything presented by The Wall Street Journal at Spring Studios in New York City, on May 17, 2022. Steven Ferdman | Getty Images Entertainment | Getty Images Wells Fargo said Thursday one of its primary regulators has lifted a key penalty tied to its […]
Borrowers facing hardship could get student-debt relief under new Biden plan
Borrowers facing significant challenges repaying their student loans, including also having high medical, caretaking or other essential bills, could be eligible for cancellation of their student loans under the Biden administration’s new debt-relief plan. The Department of Education said Thursday that it would include borrowers experiencing hardship repaying their student loans in its second stab […]
Forget Tesla, ‘Pro’ unit is auto industry’s future
Ford Motor Co., CEO Jim Farley gives the thumbs up sign before announcing Ford Motor will partner with Chinese-based, Amperex Technology, to build an all-electric vehicle battery plant in Marshall, Michigan, during a press conference in Romulus, Michigan February 13, 2023. Rebecca Cook | Reuters DETROIT – Ford Motor CEO Jim Farley on Thursday urged […]
