Wolfe Research downgraded JetBlue to underperform from peer perform, citing high costs and the potential deal for Spirit.
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Wolfe downgrades JetBlue, says proposed acquisition of Spirit makes little sense for airline
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As many retailers shrink their footprints, Dick’s Sporting Goods goes big
As many retailers look for ways to shrink store counts and square footage, Dick’s Sporting Goods is going bigger. The retailer is building more sprawling “House of Sport” stores, which typically come in at 120,000 to 150,000 square feet, more than double the 50,000 for its traditional locations. The sporting goods company believes it’s working. […]
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Starbucks Workers United set to vote on strike authorization
Starbucks Workers United is kicking off a strike authorization vote Friday, as the union representing baristas makes a bid to secure a contract with the coffee giant. The union also said it is planning a wave of rallies and pickets across the country with its baristas and allies. Voting on authorizing a strike at unionized […]
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Business
Walmart pauses H-1B visas for job candidates as Trump hikes fees
A Walmart store is shown in Oceanside, California, on May 15, 2025. Mike Blake | Reuters Walmart is pausing the hiring of job candidates who need H-1B visas to work in the U.S., according to a person familiar with the decision, an example of the ways the Trump administration’s immigration policies are shaping corporate strategy. […]
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