The retailer Ulta Beauty did not provide guidance for next fiscal year and said it expects near-term challenges to continue.
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FDIC unveils rule forcing banks to keep fintech customer data in aftermath of Synapse debacle
The rule, aimed at accounts opened by fintech firms that partner with banks, makes the institution maintain records of who owns the account and daily […]
Continue readingSpaceX Starlink has 2,500 airplanes under contract after United megadeal, director says
SpaceX nearly doubled its backlog of Starlink in-flight Wi-Fi orders with last week’s United Airlines deal.
Continue readingUAW union files unfair labor charges against Stellantis, accuses automaker of violating contract
The charges are the latest action by the union against Stellantis, which has drawn the ire of UAW leaders for production cuts, layoffs and other […]
Continue readingIn federal trial, Michael Kors says it’s harder to sell handbags in TikTok and Taylor Swift era
It is one of the latest testimonies in the Federal Trade Commission’s lawsuit to block the merger of Coach’s owner Tapestry and Michael Kors’ owner […]
Continue readingBoeing warns strike will ‘jeopardize’ recovery, hurt aircraft production
Brian West said the financial impact of the strike will depend on how long it lasts, but it will affect the company’s production of its […]
Continue readingU.S. lawmakers introduce bill to put regulations on sports betting operators
The proposed legislation would focus on affordability, advertising and artificial intelligence.
Continue readingUnited Airlines to offer free Wi-Fi using Starlink from Elon Musk’s SpaceX
Starlink has already signed deals with Hawaiian Airlines and semi-private operator JSX.
Continue readingPfizer says its experimental drug for deadly condition that causes appetite and weight loss in cancer patients shows positive trial results
The results could pave the way for Pfizer’s drug ponsegromab to become the first-ever approved treatment specifically for cancer cachexia.
Continue readingShein and Temu prices are set to get a lot higher as Biden takes aim at retailers linked to China
Critics say Shein and Temu are able to offer low prices because they evade import duties under the de minimis exemption — a loophole that […]
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