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Categories Business

Retailers saw a dismal fall quarter. The election seems to be turning things around.

November 28, 2024

Many U.S. retailers are hoping to put the fall quarter behind them. The decisive outcome of this month’s presidential election, which showed

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Categories Business

Drone company’s stock soars after appointing Donald Trump Jr. to advisory board

November 28, 2024

Shares in a little-known drone company soared Wednesday after announcing that Donald Trump Jr. had joined its advisory board. Unusual Machines, an Orlando,

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Categories Business

‘Moana 2’-led Thanksgiving box office could be best in post-pandemic era

November 28, 2024

The domestic box office is poised for its biggest Thanksgiving haul since the pandemic thanks to a Polynesian princess, a pair of

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Categories Business

Reddit targets international users for ad growth, teases bolstered search feature

November 28, 2024

Reddit is ramping up efforts to attract more users outside of the U.S., putting countries like India and Brazil in focus as it

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Categories Business

Kohl’s CEO Tom Kingsbury to step down and be replaced by Michaels CEO Ashley Buchanan

November 27, 2024

Kohl’s is getting a new CEO, its third since 2018. The off-mall department store’s current CEO Tom Kingsbury is stepping down effective Jan. 15.

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Categories Business

U.S. charges former Wamco executive Kenneth Leech with fraud

November 27, 2024

Kenneth Leech, the former co-chief investment officer of Western Asset Management Co, was charged by U.S. authorities on Monday with running a

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Categories Business

Walmart pulls back on DEI efforts, removes some LGBTQ merchandise from website

November 27, 2024

Walmart on Monday confirmed that it’s ending some of its diversity initiatives, removing some LGBTQ-related merchandise from its website and winding down a

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Categories Business

Spanish retailer Mango to open 60 new U.S. stores as it looks to elevate the brand

November 27, 2024

Spanish retailer Mango is embarking on a bold expansion plan in the U.S. as it looks to shed its fast-fashion image and

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Categories Business

Abercrombie expects a strong holiday quarter as growth run continues

November 27, 2024

Abercrombie & Fitch isn’t giving up its crown anytime soon.  The apparel company issued strong holiday guidance on Tuesday after posting its sixth straight

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Categories Business

SEC issues summons for Gautam Adani, nephew on bribery allegations

November 26, 2024

The U.S. Securities and Exchange Commission has issued a summons to Indian billionaire Gautam Adani, indicted on U.S. bribery allegations related to a bombshell federal

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