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Banks are in limbo without a crucial lifeline. Here’s where cracks may appear next
19/03/2024

Banks are in limbo without a crucial lifeline. Here’s where cracks may appear next

High interest rates and rising losses on commercial real estate threaten hundreds of U.S. banks, mostly smaller regional lenders and community institutions.

Novo Nordisk’s Wegovy wins FDA approval for cutting heart disease risks, in move that could expand insurance coverage
11/03/2024

Novo Nordisk’s Wegovy wins FDA approval for cutting heart disease risks, in move that could expand insurance coverage

That decision could widen insurance coverage for the drug and similar treatments for obesity, which has been a major barrier to access for patients.

Target will report its earnings before the bell. Here’s what to expect
05/03/2024

Target will report its earnings before the bell. Here’s what to expect

The big-box retailer has stressed lower prices and higher-frequency categories, such as groceries, as shoppers buy fewer discretionary items.

Tiger Woods signs apparel and footwear deal with TaylorMade following his split with Nike
13/02/2024

Tiger Woods signs apparel and footwear deal with TaylorMade following his split with Nike

Woods' relationship with TaylorMade dates back to a 2017 equipment deal that has him playing with the brand's driver, fairway woods, irons and wedges.

The buy now, pay later holiday debt hangover has arrived, as consumers wonder how they’ll pay bills
22/01/2024

The buy now, pay later holiday debt hangover has arrived, as consumers wonder how they’ll pay bills

Buy now, pay later helped fuel record holiday spending online in 2023, but now that those bills are coming due, consumers aren't sure how they'll pay them.

Sweetgreen wants to be the ‘McDonald’s of its generation.’ This rival salad chain could beat it
22/01/2024

Sweetgreen wants to be the ‘McDonald’s of its generation.’ This rival salad chain could beat it

Salad and Go wants to provide a healthier, cheap fast-food option with its $7 salads and wraps.

Starbucks tells union it wants to resume contract talks in January
11/12/2023

Starbucks tells union it wants to resume contract talks in January

The potential restart of talks could open a window to resolve a stalemate in one of the most high-profile labor disputes in the U.S. in recent years.

Black Friday weekend shopping turnout soars to a record, as consumers seek bargains
29/11/2023

Black Friday weekend shopping turnout soars to a record, as consumers seek bargains

The strong turnout could reflect shoppers' hunger for deals or a reversion to a pre-pandemic pattern of holiday shopping.

Disney CEO Bob Iger tells employees he wants to start building again during town hall
29/11/2023

Disney CEO Bob Iger tells employees he wants to start building again during town hall

Disney CEO Bob Iger told employees he looks forward to building again after cuts and "fixes" defined 2023.

With Black Friday deals and flashy displays, retailers try to convince reluctant shoppers to spend
27/11/2023

With Black Friday deals and flashy displays, retailers try to convince reluctant shoppers to spend

Retailers have turned to more and earlier Black Friday deals, and flashy events, to drive sales as consumers are reluctant to spend.

Small music venues fight to keep prices affordable as inflation eats into profits
27/11/2023

Small music venues fight to keep prices affordable as inflation eats into profits

Inflated operating costs mean some owners are struggling to keep ticket prices affordable and take chances on lesser-known artists.

Nordstrom sales come up short, echoing broader retail industry pressures
24/11/2023

Nordstrom sales come up short, echoing broader retail industry pressures

Nordstrom stressed progress it's made by clearing through inventory and reducing markdowns.

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