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Category Archives: Uncategorized

Target shares jump more than 17% after retailer posts big earnings beat, even as sales fall again

Target is still catering to shoppers who are hungry for deals and aren’t buying much more than the necessities.

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TJX Cos. raises guidance again, says it expects a strong holiday as shoppers hunt for deals

TJX Cos. raised its full-year guidance again and said it’s expecting a strong holiday as inflation-weary consumers continue to flock to its stores.

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Red Bull’s F1 dominance is translating to higher energy drink sales, team’s principal says

Red Bull has won 19 of the 20 Grand Prix weekends so far this season, led by world champion driver Max Verstappen.

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Thanksgiving dinner will be cheaper this year thanks to lower turkey costs, survey shows

While Thanksgiving food costs less than it did a year ago, it’s still much more expensive than it was before the pandemic.

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Citigroup begins layoffs as part of CEO Jane Fraser’s corporate overhaul

Under pressure to improve Citigroup’s performance, the bank will announce layoffs starting Wednesday, CNBC has learned.

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Judge sides with Paramount on some claims in Warner Bros. ‘South Park’ streaming lawsuit

The judge’s ruling leaves intact parts of Warner Bros. Discovery’s lawsuit over a “South Park” streaming deal.

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Target’s new favorite buzzword is ‘value’

Target is riffing off the playbook of rivals like Walmart this holiday shopping season.

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FAA clears SpaceX to launch second Starship flight

SpaceX posted on the social media platform X shortly after the greenlight that it was “targeting Friday, November 17 for Starship’s second flight test.”

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Target CEO claims customers are saying ‘a big thank you’ for locking up merchandise

Target CEO Brian Cornell spoke about the retailer’s moves to lock up items as it reported better-than-expected earnings for the fiscal third quarter.

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GM-UAW deal back on track for ratification after major plant approves pact

As of Wednesday afternoon, the deal had the support of about 54% of the roughly 30,700 autoworkers whose votes had been finalized by the union.

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