Home Depot is building out the facilities as it looks to pros, which make up about half its business, for revenue growth this year.
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Shares of Dick’s Sporting Goods soar 15% on holiday earnings beat, dividend raise
Dick’s Sporting Goods said its holiday quarter was the strongest sales period in the company’s history, leading it to raise its dividend by 10%.
Continue readingSpaceX’s Starship notches major flight test milestones, breaks up over Indian Ocean in final moments
SpaceX launched the third test flight of its Starship rocket on Thursday, as the company pushed development of the mammoth vehicle past new milestones.
Continue readingUnited to pause pilot hiring, citing Boeing’s delivery delays
United said it will pause pilot hiring in May and June because of delivery delays from Boeing.
Continue readingWalmart, Target and Kroger are racing to deliver groceries as competition heats up
Walmart, Target and Kroger are trying to stand out on grocery convenience, not just price.
Continue readingRivian shares surge as company reveals new EV models, including the R2 SUV
The R2 comes at a crucial time for Rivian as it attempts to expand its customer base and regain investor confidence following a collapse in […]
Continue readingAmerican Eagle unveils strategy to grow profits, takes $94 million in impairment charges for logistics business
American Eagle unveiled a new strategy to boost profitable growth over the next three years by focusing on building out its brands and optimizing operations.
Continue readingUnited Airlines launches Morocco, Colombia flights, beefs up China service
Major airlines are chasing a rebound in international travel, whose revenue has grown faster than domestic travel.
Continue readingBarbie is the blueprint as Mattel seeks to revitalize American Girl, Fisher-Price
Mattel is facing activist pressure from Barington Capital, particularly around its strategy with the Fisher-Price and American Girl brands.
Continue readingNYCB says it lost 7% of deposits in the past month, slashes dividend to 1 cent
NYCB had $77.2 billion in deposits as of March 5, NYCB said in an investor presentation tied to the capital raise, down from $83 billion […]
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