Business lesson

20/11/2023

Black Friday came early this year, signaling worries about holiday demand

Both the depth of discounts and the total amount of items on sale were higher in October compared to the past four years.

20/11/2023

Investor JAT Capital sends scathing letter to new Bed Bath & Beyond board over CEO ouster, vacancy

Investment firm JAT Capital sent a scathing letter to the new Bed Bath & Beyond board on Friday saying it has refused to answer questions from shareholders.

15/11/2023

PGA Tour says it will offer players equity ownership after it seals deal with investors

The PGA Tour is in talks with Saudi Arabia's Public Investment Fund to complete a framework aagreement they reached earlier this year.

15/11/2023

Here’s why the UAW’s record deals with GM, Ford and Stellantis aren’t getting full support

The deals, which were recommended for ratification by UAW leaders, are each currently on pace to pass. Yet they've received notable rejections at Ford and GM.

14/11/2023

As Target shutters some stores, retailer looks to prove it can grow and avoid new setbacks

Target is gearing up for the holiday season, after dealing with slowing sales, backlash to its Pride collection and losses from theft.

14/11/2023

Stellantis offers buyouts to roughly half of U.S. salaried workers

This marks the second round of salaried buyouts this year for Stellantis and comes weeks after a tentative deal with the UAW covering unionized workers.

03/11/2023

favorite drawing

03/11/2023

Starbucks unveils plan to add 17,000 locations by 2030, cut $3 billion in costs

The announcement marks the latest stage in the company's broader "reinvention" strategy, which was laid out by former CEO Howard Schultz.

03/11/2023

Paramount stock rises after strong earnings report, adding to blockbuster day

The media conglomerate reported a 38% increase in revenue and 63 million subscribers on Paramount+.