The beauty retailer Ulta’s CEO Dave Kimbell said sales are still growing, but at a slower-than-expected rate.
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Disney’s largest shareholder Vanguard reportedly backing management over Peltz in board fight
Vanguard has voted for Disney management ahead of Wednesday’s shareholder meeting, Bloomberg News reported citing people familiar with the matter.
Continue readingPrivate equity firm Silver Lake to take entertainment company Endeavor private at $27.50 a share
Private equity firm Silver Lake announced Tuesday that it’s acquiring entertainment company Endeavor Group Holdings for $27.50 a share.
Continue readingGM U.S. vehicle sales fall 1.5% during the first quarter, underperforming other major automakers
The Detroit automaker said the decline was largely due to a 22.9% year-over-year decline in sales to fleet customers.
Continue readingHere’s what upgrading to a nicer home could cost you, and why it’s locking up the market
The average homeowner with a near record-low mortgage rate would see their monthly payment shoot up 132% in order to move up to a 25% […]
Continue readingHome Depot is acquiring specialty distributor SRS for $18.25 billion in huge bet on growing pro sales
Home Depot is making the largest acquisition in its history as its sales growth stagnates.
Continue readingTwo Warner Bros. Discovery directors resign after antitrust probe
Steven Miron and Steven Newhouse resigned from the Warner Bros. Discovery board of directors, effective immediately.
Continue readingCalifornia fast-food workers are now making $20 an hour. Other businesses might have to catch up
Fast-food workers in California will start earning $20 an hour. Other businesses may raise their own wages to keep up.
Continue readingUnited asks pilots to take unpaid time off, citing Boeing’s delayed aircraft
United previously paused pilot hiring because of late-arriving aircraft from Boeing.
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