May 16, 2023
“Home Depot on Tuesday reported its biggest revenue miss in more than 20 years and lowered its forecast for this year, as consumers delay large projects and buy fewer big-ticket items like patio sets and grills… Home Depot said it now… Continue Reading…
May 15, 2023
“America’s love affair between the automobile and AM radio — a century-long romance that provided the soundtrack for lovers’ lanes, kept the lonely company with ballgames and chat shows, sparked family singalongs and defined road trips — is on the… Continue Reading…
May 15, 2023
“…Nearly half of the Russell 1000 (43%) discloses that it uses ESG-related key performance indicators in executive compensation metrics, according to data from Just Capital, a nonprofit that measures corporate stakeholder performance. That percentage of Russell 1000 companies linking ESG… Continue Reading…
May 2, 2023
“…Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Restaurant Brands reported first-quarter net income of $277 million, or 61 cents per share, up from $270 million, or 59… Continue Reading…
April 27, 2023
“BP is bracing itself for a shareholder revolt at its annual general meeting on Thursday — some of the U.K.’s biggest pension funds are planning to ratchet up the pressure on the oil major after it rolled back its emission… Continue Reading…
April 27, 2023
“Gap will lay off about 1,800 employees as part of a broad effort to cut costs and streamline operations, the company said Thursday. The cuts, first revealed on Tuesday, are more than three times larger than the 500 layoffs it… Continue Reading…
April 27, 2023
“Comcast topped analyst expectations with its first-quarter earnings report Thursday, despite the cable and media giant’s residential broadband business’s slowing growth and mounting Peacock losses. Shares of the company rose more than 4% in premarket trading. The stock is up… Continue Reading…
April 26, 2023
“On Friday, Anheuser-Busch InBev, the parent company of Bud Light, placed two of its marketing executives on leave after public outcry from conservative corners over the beer brand’s partnership with a transgender influencer. The move follows weeks of controversy, including… Continue Reading…
April 26, 2023
“Britain’s top competition regulator on Wednesday moved to block Microsoft’s acquisition of video game publisher Activision Blizzard. The measure marks a major blow for the U.S. tech giant, as it seeks to convince authorities that the deal will benefit competition.… Continue Reading…
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