News
PepsiCo raises revenue forecast amid price hikes, smaller sizes
PepsiCo raised its revenue outlook for the year Tuesday, as inflation pushed up prices and people paid more for its...
Canoo stock jumps after Walmart agrees to buy 4,500 EV delivery vans
Electric vehicle startup Canoo announced Tuesday that Walmart has agreed to buy at least 4,500 of its upcoming electric delivery vans. Shares of...
GameStop launches NFT marketplace in hunt for digital growth
GameStop announced the long-awaited debut of its online marketplace for nonfungible tokens, or NFTs, Monday in a bid to reinvent...
Summer box office receipts near pre-pandemic levels
Audiences are no longer satisfied just sitting on the couch to watch movies. Not only are they returning to movie...
Gap CEO Syngal to step down, effective immediately
Gap CEO Sonia Syngal is stepping down, effective immediately, the company announced on Monday, as the apparel retailer battles supply chain...
U.S. Homebuyers Canceling Deals Grow in June
U.S. home buyers are canceling deals at the highest rate since the start of the Covid pandemic. According to a...
Big U.S. Banks Profits Expected to Tumble
Big U.S. banks profits are expected to fall sharply in the second quarter from a year earlier on increased loan...
Ford reports worst quarterly sales in China since pandemic began
Ford Motor joined General Motors in reporting its worst quarterly sales in China since the onset of the coronavirus pandemic,...
WWE Chairman Vince McMahon paid more than $12m to settle sexual misconduct charges, report says
WWE’s Vince McMahon paid more than $12 million to four women over the past 16 years to suppress allegations of...
Twitter Stock Drops After Musk Looks to Terminate Deal
Twitter shares plunged in premarket trade Monday after Elon Musk said he is terminating his $44 billion bid to take...
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