Abercrombie & Fitch’s stock extends record run after Q1 sales top $1 billion
Abercrombie & Fitch’s stock was set to continue their record run on Wednesday after the apparel and accessories retailer reported quarterly profit that beat expectations by a wide margin, as sales rose to a record for the first quarter.
AST SpaceMobile, Verizon partner on satellite internet
The company’s Block 1 BlueBird satellites undergoing thermal vacuum testing in preparation for launch. AST SpaceMobile Satellite-to-phones service provider AST SpaceMobile announced a partnership with Verizon on Wednesday, adding to the company’s recent deal with AT&T to provide remote coverage across the United States. AST SpaceMobile is building satellites to provide broadband service to unmodified […]
I wish Grandma would help with 529 college savings instead of buying our baby even more toys. How do I get her and others to contribute?
At 31, this mom is too stressed from struggling to repay her own college loans to think about what’s coming up for her kid in 17 years.
New Jersey to get $125 million from Orsted after offshore wind projects halted
Orsted will pay New Jersey $125 million after the Danish energy company decided to cease development on the Ocean Wind 1 and Ocean Wind 2 projects, according to the state’s Board of Public Utilities.
McDonald’s CosMc’s chain expansion
The purple coloring of CosMc’s Tropical Spiceade comes from the mix of lemonade, pineapple flavoring and dragonfruit. Amelia Lucas | CNBC Nearly six months since McDonald’s opened its first CosMc’s location, the hours-long drive-thru lines have died down, but the chain is just getting started. The burger giant created the spinoff using one of its […]
American Airlines cuts outlook, says chief commercial officer is leaving
American Airlines passenger jets are lined up at the gates at Ronald Reagan Washington National Airport in Arlington, Virginia, on Feb. 10, 2024. J. David Ake | Getty Images American Airlines slashed its sales outlook on Tuesday and said its chief commercial officer, Vasu Raja will leave the company next month. American said it expects […]
Room for gold, oil and copper to rise, keeping commodity rally alive, UBS says
Commodity prices still have room to rally, according to UBS Global Wealth Management.
Starbucks union negotiations set to resume
People picket outside of a Starbucks store in New York’s East Village on Nov. 16, 2023. Spencer Platt | Getty Images When Starbucks and its baristas union resume contract bargaining this week, workers may have renewed momentum at their backs — courtesy of the company’s own CEO. The coffee giant last month found itself reporting […]
U.S. Cellular enters $4.4 billion deal to sell T-Mobile its wireless operations
The deal includes $2 billion in debt and a license agreement on the use of more than 2,000 towers.
Porsche 911 hybrid sports car revealed for $164,900
2025 Porsche 911 Targa 4 GTS hybrid sports car Porsche Porsche on Tuesday revealed the first-ever production hybrid version of its iconic 911 sports car, with a starting price of $164,900. The 2025 911 Carrera GTS hybrid marks a significant change to the iconic German sports car amid the automotive industry’s focus on increasing electrified […]
