In this article MCD Follow your favorite stocksCREATE FREE ACCOUNT Noam Galai | Getty Images Entertainment | Getty Images McDonald’s is planning job cuts and a reorganization as the company refocuses its priorities to accelerate restaurant expansion, CEO Chris Kempczinski told employees Friday. The fast-food giant said the job cuts aren’t a cost-cutting measure but
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New Jeeps on display at a New York City car dealership on Oct. 5, 2021. Spencer Platt | Getty Images DETROIT — Automakers are hopeful last year’s new vehicle sales — the worst in more than a decade — will mark a bottom for the market, at least in the near term. Industry estimates range
In this article WBA Follow your favorite stocksCREATE FREE ACCOUNT A top Walgreens executive on Thursday acknowledged the company may have overblown concerns about thefts in their stores after shrinkage stabilized over the last year. During an earnings call, the company’s chief financial officer, James Kehoe, said shrinkage was about 3.5% of sales last year
In this article WWE Follow your favorite stocksCREATE FREE ACCOUNT Vince McMahon attends a press conference to announce that WWE Wrestlemania 29 will be held at MetLife Stadium in 2013 at MetLife Stadium on February 16, 2012 in East Rutherford, New Jersey. Michael N. Todaro | Getty Images Vince McMahon is staging a comeback at
In this article BBBY Follow your favorite stocksCREATE FREE ACCOUNT A Bed Bath & Beyond store is seen on June 29, 2022 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images Bed Bath & Beyond warned Thursday it’s running out of cash and is considering bankruptcy. The retailer, citing worse-than-expected sales, issued
A ‘For Sale’ sign stands in a vacant lot near new homes in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images After a brief reprieve in the first half of December, mortgage interest rates shot up again to end the year, weighing on mortgage demand. Mortgage application volume was down 13.2% at the end
In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT Employees work on an assembly line at startup Rivian Automotive’s electric vehicle factory in Normal, Illinois, April 11, 2022. Kamil Krzaczynski | Reuters Shares of Rivian Automotive notched a new 52-week low on Wednesday after the company missed its 25,000-unit production target for last year.
In this article GM 7203.T-JP Follow your favorite stocksCREATE FREE ACCOUNT 2022 GMC Sierra 1500 Denali Ultimate GM DETROIT – General Motors reclaimed its U.S. sales crown from Toyota Motor last year as the Detroit automaker eked out a slight gain in its annual U.S. vehicle sales despite supply chain problems. GM said Wednesday it
In this article EDR Follow your favorite stocksCREATE FREE ACCOUNT Dana White appears at the UFC 282 post-fight press conference on December 10, 2022, at the T-Mobile Arena in Las Vegas, NV. Amy Kaplan | Icon Sportswire | Getty Images Media and entertainment company Endeavor saw its shares fall on Tuesday after a video showing
In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT Pristine Floyde searches for a friend’s suitcase in a baggage holding area for Southwest Airlines at Denver International Airport on December 28, 2022 in Denver, Colorado. Michael Ciaglo | Getty Images Southwest Airlines stabilized its schedule over the weekend after about 16,000 cancellations since late
In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the Warner Bros. Discovery logo is displayed on a smartphone screen and in the background, the HBO Max and Discovery Plus logos. Rafael Henrique | Lightrocket | Getty Images Warner Bros. Discovery has signed a deal with VideoAmp to measure its
In this article TGT WMT Follow your favorite stocksCREATE FREE ACCOUNT A shopper goes through shirts in the kids section at Old Navy in Denver, Colorado. Brent Lewis | Denver Post | Getty Images January is typically an overlooked month for retailers. Shoppers make returns and exchanges. They come to stores with gift cards in
When starting a business, it’s sometimes hard to know what to prioritize, and going at it alone can be overwhelming. But there are strategies you can use to avoid common pitfalls. My mission is to teach people how to earn money from their passions. It’s what I did: I went from living on food stamps
Saltwater wetland, Waquoit Bay Estuarine Research Reserve, Mass. Photo: Ariana Sutton-Grier, CC BY-ND The Biden administration on Friday issued a rule that defines which types of waterways in the U.S. will receive federal water quality protections under the 1972 Clean Water Act, repealing a Trump-era rule that federal courts rejected and that environmental groups argued left waterways open
Gilnature | Istock | Getty Images The Covid omicron XBB.1.5 variant is rapidly becoming dominant in the U.S. because it is highly immune evasive and appears more effective at binding to cells than related subvariants, scientists say. XBB.1.5 now represents about 41% of new cases nationwide in the U.S., nearly doubling in prevalence over the
Portuguese football star Cristiano Ronaldo poses for a photo with the jersey after signing with Saudi Arabia’s Al-Nassr Football Club in Riyadh, Saudi Arabia on December 30, 2022. Al Nassr Football Club / Handout/Anadolu Agency via Getty Images Soccer superstar Cristiano Ronaldo is joining Saudi Arabian club team Al Nassr in a deal that will
The start of ‘Dry January,’ a month when many people avoid drinking alcohol, typically brings a heightened level of attention to non-alcoholic drinks. But the CEO of one of the leading non-alcoholic beer companies said that the demand for non-alcoholic brews is booming well beyond a single month. “This is the moment we’ve been waiting
U.S. President Joe Biden holds out his pen to U.S. Senator Joe Manchin (D-WV) as Senate Majority Leader Chuck Schumer (D-NY) and U.S. House Majority Whip James Clyburn (D-SC) look on after Biden signed “The Inflation Reduction Act of 2022” into law during a ceremony in the State Dining Room of the White House in
Brazilian football legend Pele poses with the FIFA World Cup trophy on March 9, 2014 in Paris. Franck Fife | AFP | Getty Images Pelé, the Brazilian soccer icon who brought the World Cup trophy to his home country three times, becoming an international superstar and the highest-paid team athlete in the world at the
In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT Travelers at Baltimore Washington International airport deal with the impact of Southwest Airlines canceling more than 12,000 flights around the Christmas holiday weekend across the country and in Baltimore, Maryland, December 27, 2022. Michael McCoy | Reuters Southwest Airlines’ holiday meltdown will “certainly” hit its