Weight loss drugs haven't hurt Pepsi's business, CEO says
Snack and beverage maker PepsiCo has so far seen "negligible" impact on its business from drugs used for weight loss or diabetes, CEO Ramon Laguarta said during an analyst call Tuesday.
2023-10-11 00:59
Gap reports mixed second quarter and decline in sales across all brands
Gap saw soft sales across all four of its brands in the latest quarter.
2023-08-25 08:54
Peloton stock plunges after 20,000 members canceled subscriptions while waiting for recall
A Peloton recall involving the adjustable seat on more than two million bikes is becoming a bigger headache than expected.
2023-08-23 21:18
Disney reports lower-than-expected revenue for its fiscal third quarter
The Walt Disney Company reported slightly lower than expected revenue for its fiscal third quarter on Wednesday.
2023-08-10 04:24
Apple's sales fall for the third consecutive quarter
Apple said Thursday that its revenue slipped 1% to $81.8 billion for its quarter ending July 1, marking the third consecutive year-over-year drop in quarterly revenue for the world's most valuable company.
2023-08-04 05:55
Amazon sales surged 11% in the second quarter
E-commerce behemoth Amazon increased its net sales 11% to $134.4 billion in the second quarter as analysts monitor consumer spending in both the cloud and retail markets.
2023-08-04 04:20
Wage growth cools in a positive sign for the Fed
Wages gains cooled in the second quarter, showing some easing of inflationary pressures, according to data from the Bureau of Labor Statistics released on Friday.
2023-07-28 20:57
The US economy grew stronger than expected in the second quarter, but consumers are pulling back
The US economy picked up steam in the second quarter despite punishing rate hikes and still-high inflation, the Commerce Department reported Thursday.
2023-07-27 23:48
Tesla beats expectations with second quarter production and deliveries
Tesla beat expectations in the second quarter of 2023, announcing Sunday it produced nearly 480,000 vehicles and delivered over 466,000.
2023-07-03 01:45
Analysis-HSBC dumps London tower for smaller office as real estate reckoning unfolds
By Iain Withers and Chiara Elisei LONDON HSBC's move to ditch its 45-floor Canary Wharf tower in favour
2023-06-27 07:26