Breaking News: Business
Burger King targets families through movie partnerships in latest stage of turnaround
Burger King’s “How to Train Your Dragon” menu items include the Dragon Flame-Grilled Whopper, Fiery Dragon Mozzarella Fries, Soaring Strawberry Lemonade and the Viking’s Chocolate Sundae. Source: Burger King As Burger King enters the next phase of its turnaround efforts, the fast-food chain is trying to lure families back to its restaurants with colored Whopper […]
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Lowe’s sticks by full-year forecast as sales from home professionals boost business
Lowe’s on Wednesday stood by its full-year forecast, as growing sales among home professionals helped offset slower demand from do-it-yourself customers. The home improvement retailer came in just shy of Wall Street’s expectations for quarterly sales, but beat earnings estimates. Shares of Lowe’s rose nearly 3% in premarket trading Wednesday. In the company’s news release, […]
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M&S cyberattack to wipe out nearly one-third of annual profits
A Marks & Spencer Group Plc (M&S) store in Kingston-upon-Thames, UK. Bloomberg | Getty Images British retailer Marks & Spencer said Wednesday that a recent cyberattack, which left food shelves bare and brought online sales to a standstill, will wipe out almost one-third in its annual profits. The company, known for its clothing, homeware and […]
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Target will report earnings before the bell. Here’s what to expect
A view of a Target store on March 5, 2025 in Novato, California. Justin Sullivan | Getty Images Target will report its fiscal first-quarter earnings Wednesday, as the Minneapolis-based cheap chic retailer tries to get back to growth. Here’s what Wall Street is expecting for the discounter, according to a survey of analysts by LSEG: […]
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Warby Parker pops 15% on $150 million Google smart glasses partnership
The Warby Parker store in Harvard Square in Cambridge, Massachusetts. Pat Greenhouse | Boston Globe | Getty Images Warby Parker shares surged more than 15% after Google announced a smart glasses partnership at its I/O developer conference. Google has committed up to $150 million to the project. The company has already put $75 million into […]
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Why Walmart decided to say it would raise prices — and risk Trump’s fury
A Walmart store is shown in Oceanside, California, U.S., May 15, 2025. Mike Blake | Reuters Last month, Walmart downplayed how much President Donald Trump’s tariffs would affect its business in front of a large audience of investors. CEO Doug McMillon pointed to other challenging times that the company had weathered — like the aftermath […]
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FDA outlines stricter Covid vaccine booster approval standards for healthy people
Brandon Guerrero, 34, of Compton, receives both a flu and COVID-19 vaccine at CVS in Huntington Park on August 28, 2024. Christina House | Los Angeles Times | Getty Images The Food and Drug Administration on Tuesday outlined new regulatory guidance for future Covid-19 vaccine boosters, setting stricter approval standards for healthy Americans. The FDA […]
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Cadillac’s EVs are attracting new buyers, including more customers trading in Teslas
A Cadillac all-electric 2025 Escalade IQ luxury SUV is displayed during press day of the North American International Auto Show in Detroit, Michigan, September 14, 2023. Rebecca Cook | Reuters DETROIT — Cadillac’s expanding all-electric vehicle lineup is attracting a notable number of new buyers to the American luxury brand, including an increase this year […]
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Retail investors bought the most stocks for a morning ever on Monday after Moody’s downgrade
Retail buyers came out in full force in the trading session following Moody’s downgrade of the U.S. credit rating, continuing their dip-buying pattern throughout recent volatility. Individual investors bought a net $4.1 billion worth of stocks on Monday from the open through 12:30 p.m. ET, the largest level ever for the time of day and […]
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Levi Strauss to sell Dockers to brand management firm Authentic Brands Group
The Levi’s brand logo on a store. Jens Kalaene | Picture Alliance | Getty Images Levi Strauss has agreed to sell Dockers to brand management firm Authentic Brands Group for $311 million, the companies announced Tuesday. Under the terms of the deal, Authentic will own Dockers’ intellectual property while Centric Brands will take on operations, […]
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