Business
Bob’s Discount Furniture to start trading on NYSE as consumers seek value
The Bob’s Discount Furniture logo is seen above the entrance to its store at the Paxton Town Center near Harrisburg. Sopa Images | Lightrocket | Getty Images Bob’s Discount Furniture will start trading on the New York Stock Exchange Thursday after pricing its initial public offering at $17 per share. That price came in within […]
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Where billionaires’ investment firms placed their bets in January
Key Points Investment firms of the ultra-rich started the new year with buzzy investments, including in a motorcycle racing team. But 2026 is hardly off to a roaring start, with family offices making 32% fewer direct investments in January on an annual basis, according to Fintrx. While family offices are making fewer bets, their appetite […]
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Peloton posts weak holiday quarter after splashy product overhaul fails to land
Peloton posted a worse-than-expected holiday quarter on Thursday after shoppers failed to shell out for its new AI-driven product line and turned away from higher subscription prices. The connected fitness company missed Wall Street’s estimates on the top and bottom lines and fell short of its own internal sales targets in the three months ended […]
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E.l.f. Beauty posts earnings beat, raises full-year guidance
Elf Beauty cosmetics Courtesy: e.l.f Beauty E.l.f. Beauty reported a huge earnings beat Wednesday and raised its guidance for the fiscal year. E.l.f. stock was up as much as 15% in after-hours trading before losing the majority of those gains. Here’s what the company reported for the third fiscal quarter, compared with analyst estimates from […]
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Terrell Owens calls Hall of Fame process ‘broken’ after Belichick, Kraft snubs
NFL Hall of Famer Terrell Owens said Wednesday that the recent snubs of New England Patriots owner Robert Kraft and former coach Bill Belichick from the institution show the system is flawed, and someone needs to be held accountable. “It’s just plain dumb” Owens told CNBC Sport in an interview in San Francisco ahead of […]
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Eli Lilly’s GLP-1 growth is only getting started as Novo Nordisk braces for a decline in 2026
The Eli Lilly and Novo Nordisk logos. Mike Blake | Tom Little | Reuters It’s a tale of two drugmakers in the red-hot obesity drug market. Both Novo Nordisk and Eli Lilly are grappling with lower prices in the U.S., but their 2026 outlooks are diverging sharply: While Novo is bracing for a sales decline, […]
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Corporate DEI index sees 65% drop in participation from Fortune 500 companies
People hold flags outside the US Supreme Court on December 4, 2024 in Washington, DC, during oral argument on whether states can ban certain gender transition medical treatments for young people. Roberto Schmidt | AFP | Getty Images New research from the LGBTQ+ group Human Rights Campaign showed a drastic drop in Fortune 500 companies […]
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A surprising share of homeowners have high mortgage rates. Here’s the breakdown
An aerial view of homes in San Francisco, Aug. 27, 2025. Justin Sullivan | Getty Images The share of U.S. homeowners with high rates on their mortgages has jumped sharply in just the last few years. That’s having a marked impact on the refinance market and a somewhat more muted impact on home sales. Rates […]
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Eli Lilly blows past quarterly estimates, posts strong outlook as Zepbound and Mounjaro sales soar
Eli Lilly and Company’s logo is displayed during a press conference in Houston, Texas, U.S., Sept. 23, 2025. Antranik Tavitian | Reuters Eli Lilly on Wednesday posted fourth-quarter earnings and revenue and 2026 guidance that blew past estimates, as demand for its blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro soars. The pharmaceutical giant […]
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Yum Brands posts mixed quarter, Taco Bell shines
A customer enters a Taco Bell restaurant in El Cerrito, California, US, on Tuesday, April 29, 2025. David Paul Morris | Bloomberg | Getty Images Yum Brands on Wednesday reported mixed quarterly results, despite strong demand for Taco Bell. Here’s what the company reported for the period ended Dec. 31 compared with what Wall Street […]
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