Breaking News: Business
Best Buy cuts full-year sales and profit guidance as tariffs raise cost of electronics
Logo of Best Buy displayed outside a Best Buy store in Edmonton, Alberta, Canada, on March 22, 2025. Artur Widak | Nurphoto | Getty Images Best Buy on Thursday missed quarterly revenue expectations and cut its full-year sales and profit guidance as higher tariffs increase the costs of many consumer electronics that it sells. For […]
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United Airlines plans to return to JFK — again — in new partnership with JetBlue
A United Airlines plane takeoff as a JetBlue plane is landing at San Francisco International Airport (SFO) in San Francisco, California, United States on June 8, 2023. Tayfun Coskun | Anadolu Agency | Getty Images United Airlines has a new friend in Queens. The airline plans to return to New York’s John F. Kennedy International […]
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High school sports at PBS stations could be at risk with potential federal funding cuts
Iowa PBS covers the 2024 State Girls Softball Championships live from Fort Dodge, Iowa in July 2024. Courtesy: Iowa PBS High school sports games and related coverage have become some of the most popular local programs on PBS stations across the U.S., especially in states without professional sports. PBS stations in states like South Dakota, […]
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E.l.f. Beauty to acquire Hailey Bieber skincare brand Rhode in up to $1 billion deal
Hailey Bieber attends the Rhode UK launch party with Hailey Bieber at Chiltern Firehouse on May 17, 2023 in London, England. Dave Benett | Dave Benett Collection | Getty Images E.l.f. Beauty announced on Wednesday plans to acquire Hailey Bieber’s beauty brand Rhode in a deal worth up to $1 billion as the cosmetics company […]
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Joby Aviation shares pop 20% as electric air taxi maker closes $250 million Toyota investment
Attendees view a Joby Aviation electric vertical take-off and landing (eVTOL) aircraft during an event at Edwards Air Force Base in Edwards, California, US, on Monday, Sept. 25, 2023. Air taxi start-up Joby Aviation Inc. today announced it has delivered its first eVTOL to the US Air Force. Bloomberg | Bloomberg | Getty Images Joby […]
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Instacart names Chris Rogers as CEO after Fidji Simo’s exit for OpenAI
Instacart celebrates their IPO at the Nasdaq on Sept. 19th, 2023. Courtesy: Nasdaq Instacart on Wednesday appointed business chief Chris Rogers as its new CEO, less than a month after OpenAI announced CEO Fidji Simo as its new head of applications. Shares were last down about 2% in premarket trading. Rogers, who joined Instacart in […]
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Dick’s Sporting Goods stands by full-year guidance — even with tariffs looming
A sign is posted in front of a Dick’s Sporting Goods store on September 04, 2024 in Daly City, California. Justin Sullivan | Getty Images Dick’s Sporting Goods said Wednesday it’s standing by its full-year guidance, which includes the expected impact from all tariffs currently in effect. The sporting goods giant said it’s expecting earnings […]
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Abercrombie & Fitch soars 25% even as retailer slashes profit outlook due to tariffs
A Abercrombie & Fitch store is seen on April 09, 2025 in New York City. Michael M. Santiago | Getty Images Shares of Abercrombie & Fitch soared on Wednesday, even after the retailer slashed its profit outlook due to tariffs, which are expected to hit its business by $50 million. The company is now expecting […]
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GameStop shares rise as retailer meme stock buys first bitcoin batch, scooping up $500 million
In this article GME Follow your favorite stocksCREATE FREE ACCOUNT A general view of the GameStop logo on one of its stores in the city center of Cologne, Germany. Ying Tang | Nurphoto | Getty Images GameStop said Wednesday it has officially bought 4,710 bitcoins, worth more than half a billion dollars, as the video game […]
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Hybrid leader Toyota targets major growth in plug-in vehicles amid industry’s EV uncertainty
2023 Prius Prime on display, April 6, 2023. Scott Mlyn | CNBC PLANO, Texas — Twenty-five years after introducing many Americans to hybrid vehicles with the Prius, Toyota Motor is targeting significant growth in plug-in hybrid electric vehicles, or PHEVs. Such vehicles can function as an all-electric vehicle for a certain number of miles before […]
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