Business

A view of a Shein pop-up store at a mall in Singapore on April 4, 2024. Edgar Su | Reuters Shein’s ultracheap clothes can remain affordable as long as proposed tariffs from President Donald Trump are “applied equally,” the company’s executive chairman Donald Tang said Thursday.  “Affordability is a big anchor. … It’s the whole

In this article ADS-DE Follow your favorite stocksCREATE FREE ACCOUNT Adidas shoes are displayed at a DSW store in Novato, California, on Jan. 31, 2024. Justin Sullivan | Getty Images Adidas plans to cut as many as 500 jobs in a bid to simplify its business, a person familiar with the matter confirmed to CNBC

In this article MRNA Follow your favorite stocksCREATE FREE ACCOUNT A researcher works in the lab at the Moderna Inc. headquarters in Cambridge, Massachusetts, US, on Tuesday, March 26, 2024. Adam Glanzman | Bloomberg | Getty Images Norovirus is raging across the U.S. this winter. Moderna might soon have a vaccine for it.  A large

In this article AAL UAL DAL ALK Follow your favorite stocksCREATE FREE ACCOUNT Travelers walk through O’Hare International Airport in Chicago on Dec. 20, 2024. Kamil Krzaczynski | AFP | Getty Images Higher airfare is in store this year as strong demand, even during the dead of winter, and limited capacity growth prompt airlines to

Shoppers seek closeout sale discounts at Party City in Stamford, Conn. July 3, 2023.  Tyler Sizemore | Albany Times Union | Hearst Newspapers | Getty Images Store closures in the U.S. last year hit the highest level since the pandemic — and even more locations are expected to shutter this year, as shoppers’ dollars increasingly

In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Adrian Brody in “The Brutalist” Source: A24 Two films facing controversy over their use of artificial intelligence led the nominees for the Academy Awards announced Thursday. “The Brutalist,” a drama about a Hungarian-Jewish architect who survives the Holocaust and flees to the U.S., garnered 10

In this article UNH Follow your favorite stocksCREATE FREE ACCOUNT UnitedHealthcare signage is displayed on an office building in Phoenix, Arizona, on July 19, 2023. Patrick T. Fallon | Afp | Getty Images UnitedHealthcare on Thursday tapped company veteran Tim Noel as its new CEO following the targeted killing of its former top executive, Brian

In this article CMCSA Follow your favorite stocksCREATE FREE ACCOUNT A still from the film “Wicked.” Source: Universal Studios Universal is hoping the excitement around “Wicked” can hang around — for good. The movie studio faces a unique challenge: promote and release two build-on films just one year apart. Part one of the “Wicked” cinematic

In this article NKLA Follow your favorite stocksCREATE FREE ACCOUNT U.S. Nikola’s logo is pictured at an event held to present CNH’s new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin, Italy, on Dec. 3, 2019. Massimo Pinca | Reuters DETROIT — Shares of Nikola closed Thursday down 27.8%

In this article BA Follow your favorite stocksCREATE FREE ACCOUNT Boeing 737 Max aircraft are assembled at the company’s plant in Renton, Washington, on June 25, 2024. Jennifer Buchanan | Via Reuters Boeing is embarking on another rebuilding year. A year ago, the company was thrust back into the spotlight for concerns over safety and

In this article PENN CHDN Follow your favorite stocksCREATE FREE ACCOUNT Horse race At the harness racing week on the Freehold Raceway in New Jersey: a reverse race with the sulky fixed in front of the horse – 1930. Robert Sennecke | Ullstein Bild | Getty Images America’s oldest horse racetrack is closing after running

In this article WEN DIN DENN NDLS Follow your favorite stocksCREATE FREE ACCOUNT A rough year for the restaurant industry led many chains to close underperforming locations in 2024, as they try to improve their sales in the years to come. Inflation-weary consumers pulled back their restaurant spending in 2024 and instead sought value and

In this article ALK UAL DAL Follow your favorite stocksCREATE FREE ACCOUNT Travelers view the arrival and departure boards at the Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, U.S., on Tuesday, Dec. 21, 2021. Elijah Nouvelage | Bloomberg | Getty Images Air travel demand continued to surge in 2024, led by a bounce back

In this article CVNA Follow your favorite stocksCREATE FREE ACCOUNT CFOTO | Future Publishing | Getty Images Noted short seller Hindenburg Research disclosed a bet against Carvana on Thursday, claiming the online used car retailer’s recent turnaround is a “mirage” that’s being propped up by unstable loans and accounting manipulation. The report centers on Carvana’s

In this article TAP ABI-BE Follow your favorite stocksCREATE FREE ACCOUNT A customer drinks a glass of beer at the Saxton Pub in Austin, Texas, April 5, 2023. Brandon Bell | Getty Images The U.S. surgeon general issued a new advisory warning Friday about the link between alcohol consumption and increased cancer risk, and pushed

In this article DKNG Follow your favorite stocksCREATE FREE ACCOUNT Sports betting company DraftKings’ logo is displayed on a smartphone screen. Budrul Chukrut | Lightrocket | Getty Images DraftKings is upping the ante. The sportsbook is testing out a new subscription service called DraftKings Sportsbook+ designed to provide paying customers a boost in odds. The

In this article JBLU Follow your favorite stocksCREATE FREE ACCOUNT JetBlue Airways aircraft are pictured at departure gates at John F. Kennedy International Airport in New York on June 15, 2013. Fred Prouser | Reuters The Department of Transportation fined JetBlue Airways $2 million for “chronically delayed flights,” the first penalty of its kind, the

In this article F GM Follow your favorite stocksCREATE FREE ACCOUNT Attendees view the 2025 Ford Bronco Stroppe Special Edition during the AutoMobility LA 2024 auto show at the Los Angeles Convention Center on November 21, 2024. Robyn Beck | Afp | Getty Images DETROIT – Both General Motors and Ford Motor on Friday reported

In this article TPR CPRI Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians walk past a Michael Kors store on August 10, 2023 in Chicago, Illinois.  Scott Olson | Getty Images Capri and Tapestry called off their merger on Thursday after the Federal Trade Commission successfully sued to block the megadeal. The two U.S.-based luxury houses

In this article WYNN Follow your favorite stocksCREATE FREE ACCOUNT The new Wynn Casino and Lisboa Casino in Macao, China. Bob Henry | Universal Images Group | Getty Images Billionaire Tilman Fertitta has increased his ownership stake in Wynn Resorts to 9.9%, according to a filing with the U.S. Securities and Exchange Commission. The filing