Tag
The Estée Lauder Cos. saw net sales slide 12 percent in its fourth quarter and the company expects tariff-related headwinds to impact fiscal 2026 profitability by about $100 million. For…
Brooks Running is breaking records — again. Brooks set another all-time quarterly high in revenue for the second consecutive quarter, this time achieving double-digit growth in every…
Apollo Capital Management reported record earnings from fees in the second quarter, driven by a boost in lending activity and a bump in managed assets, but reeled in less money from…
Trump Media & Technology Group, the parent company of Truth Social that is majority-owned by President Donald Trump, posted earnings results for the second quarter of 2025. The company…
Shein Group’s net income rose to over US$400 million and revenue was almost US$10 billion in the first quarter as consumers snapped up the fast-fashion retailer’s products ahead…
Chinese electric vehicle (EV) battery giant Contemporary Amperex Technology Co Limited’s (CATL) net profit growth picked up in the second quarter, even as it came under pressure from a…
Kraft Heinz beat estimates for quarterly results on Wednesday, helped by resilient demand for its pantry staples and condiments in the United States as consumers tried to stretch their…
Venture capital investments in the Greater Los Angeles region more than doubled to $5.8 billion in the second quarter, compared to a year ago, as investors poured money into the area’s…
Boeing’s second-quarter loss narrowed and revenue improved as the aircraft manufacturer delivered more commercial planes in the period. Boeing Co. lost $611 million, or 92 cents per share,…
General Motors’ second-quarter core profit fell 32% to $3 billion on Tuesday, as the automaker continued to confront challenging tariff policies, which it said sapped $1.1 billion from the…
LONDON – What a difference a year makes. Burberry’s focus on simplification, productivity and cash flow helped to narrow the double-digit sales declines of past months, with the company…
The quarterly results follow Trump’s latest barrage of tariffs and renewed threats to impose levies on pharmaceutical products and chips — …
The U.S. stock market completed a roller-coaster first half of the year at record-high levels, but a host of factors could knock equities off their perch over the rest of 2025. The…
The S&P 500 and Nasdaq opened at fresh record highs on Monday (Jun 30), as optimism over the United States striking trade deals with its key partners fuelled bullish momentum,…
The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump’s trade wars disrupted business, the Commerce Department reported Thursday in an…
Swedish fashion retailer H&M reported slightly stronger second-quarter profit on Thursday, an encouraging sign as CEO Daniel Erver tries to attract more shoppers with trendier clothes. H&M…
Last week, the nonprofit that runs New York City Pride revealed that around a quarter of its corporate donors have either canceled or diminished their support this year. The pullback has…
According to the U.S. Bureau of Labor Statistics, unemployment rates have not shifted much in recent years. The current unemployment rate is reported as being 4.2%—just a slight increase…
The company controls nearly 70% of China’s delivery market, but rising competition could drive up costs and squeeze margins, analysts say China’s leading food delivery group…
China’s Lenovo, the world’s largest personal computer manufacturer, on Thursday reported a worse-than-expected 64 per cent fall in fourth-quarter profit, which it said was mostly…
Most of BMW’s rivals, including Mercedes-Benz, Ford and Stellantis, have all pulled their 2025 forecasts German premium carmaker BMW on Wednesday (May 7) confirmed its 2025 outlook…
Beauty‘s first-quarter social media report cards are in. According to CreatorIQ, which uses earned media value to measure the value and engagement of influencer content about a brand,…
If you dare. Source link
Wall Street’s main indexes opened sharply lower on Wednesday (Apr 30) after data showed the world’s largest economy contracted in the first quarter, amplifying worries about the…
