The auto company accelerated growth “at precisely the wrong time,” said analysts.
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Morgan Stanley downgrades Carvana, cuts price target by 70% as car seller faces serious challenges
Business
Yum Brands earnings top estimates, fueled by Taco Bell’s 8% same-store sales growth
Facade of a Taco Bell Cantina restaurant in Danville, California, Jan. 8, 2026. Smith Collection | Gado | Archive Photos | Getty Images Yum Brands on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by another strong quarter for Taco Bell. Here’s what the company reported compared with what Wall Street was expecting, based […]
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Business
Starbucks raises full-year outlook as turnaround takes hold — despite higher gas prices
Starbucks on Tuesday raised its full-year outlook for comparable earnings and same-store sales growth after reporting its second straight quarter of traffic growth. “This quarter marked a milestone for Starbucks – and the turn in our turnaround,” CEO Brian Niccol said in a video posted alongside the company’s fiscal second-quarter results. For fiscal 2026, Starbucks […]
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Business
First Vegas-style casino opens in New York City
New York City’s first full-scale casino with live table games opened to gamblers Tuesday, more than a decade after voters approved an expansion of gambling in the state. Resorts World, owned by Malaysia-based company Genting, beat out gaming giants such as Wynn Resorts, Las Vegas Sands, Caesars Entertainment and MGM Resorts to land one of […]
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