CNN’s hiring of David Leavy as its new chief operating officer highlights the bond between CNN CEO Chris Licht and Warner Bros. Discovery CEO David […]
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Lululemon shares surge after reporting 24% sales growth, raising full-year guidance
Lululemon reported healthy first quarter profits that beat Wall Street’s estimates.
Continue readingPentagon awards SpaceX with Ukraine contract for Starlink satellite internet
The Pentagon declined to offer additional contract details, including the price, scope and timeline of the delivery.
Continue readingHere’s why Diddy is suing Diageo over his vodka and tequila brands
The rapper and entrepreneur claimed that the company typecast his brands as “urban” and favored other celebrity brands like George Clooney’s Casamigos.
Continue readingActor Mark Wahlberg lobbies to make Las Vegas a Hollywood in the desert
Actor Mark Wahlberg is pushing Nevada lawmakers to pass a package of tax credits worth $190 million annually to woo film production to Las Vegas.
Continue readingDollar General stock plunges as ‘challenging’ economic backdrop drives dismal earnings report
Dollar General said a worse than expected macroeconomic backdrop is impacting its customers spending, leading the discounter to slash its full year outlook.
Continue readingMost Americans say companies should publicly support LGBTQ+ community, new GLAAD survey finds
The study comes as retailers like Target, Kohl’s and PetSmart have come under attack for their annual LGBTQ Pride merchandise displays and ad campaigns.
Continue readingChewy shares surge after earnings beat on top and bottom lines
Chewy shares surged in extended trading after the company beat earnings estimates on the top and bottom lines.
Continue readingUAW union outlines lofty demands ahead of critical negotiations with Detroit automakers
UAW leaders publicly laid out their top bargaining issues, including a cost-of-living-adjustment, job security and the end of a tiered pay system.
Continue readingMany Walmart shoppers will soon see new packaging as retailer tries to cut waste
By the end of the year, Walmart, the nation’s biggest retailer, will also allow customers to opt out of plastic bags when using curbside pickup.
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