Check out the companies making headlines before the bell: Deere (DE) – The heavy equipment maker reported quarterly earnings of $2.14 per share, a penny a share above estimates. Revenue also topped forecasts, however Deere said its results continue to be affected by lingering trade tensions and ongoing uncertainties in the agriculture sector. Boeing (BA)
0 Comments
Getty Forget “OK Boomer” memes. The generational conflicts are really going to heat up when the next recession hits. Gallup polling shows increasing numbers of Americans are worried about a recession. Global trade numbers released Monday and the third quarter report from the International Monetary Fund indicate people may be right—there are serious signs of
0 Comments
There’s nothing like being there in person. The Japanese sport of sumo has been around for more than 1,000 years. It was originally performed to entertain Shinto deities and then became a court entertainment before gaining popularity among the general public in the Edo era in the 17th and 18th centuries. Even in modern Japan,
0 Comments
Customers exit an Abercrombie & Fitch store in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Abercrombie & Fitch fell short of quarterly same-store sales estimates on Tuesday, hit by sluggish demand for the teen apparel retailer’s surfwear-themed Hollister clothing line. Sales at established stores were flat in the third quarter ended
0 Comments
China successfully launched satellites to space last week but a shower of rocket debris after the launch crushed buildings in the Sichuan province, captured in a video shared widely on social media. Before the government launched a Long March 3B rocket from the Xichang Satellite Launch Center on Friday evening, it warned residents with a
0 Comments
(Photo via Smith Collection/Gado/Getty Images). Getty Images Residential real estate seems to have regained health of late, and in more ways than one. On the macro side, activity, after months of stagnation and decline, has turned upward again. Alone, this change has lifted the specter of recession. Still more encouraging, lower-priced housing has begun to appreciate
0 Comments
Melanie Whelan is resigning from her position as chief executive officer of SoulCycle, effective Tuesday, the company told CNBC Make It. Whelan is also vacating her position as the director on the company’s board. Both sides felt it was time for a leadership transition, according to a person briefed on the decision who asked not to
0 Comments