Business

In this article BBBY Follow your favorite stocksCREATE FREE ACCOUNT A person exits a Bed Bath & Beyond store in New York City, June 29, 2022. Andrew Kelly | Reuters Bed Bath & Beyond is betting on a drastic change in strategy and well-recognized brands to revive its struggling business.  But the retailer’s strained relationships

In this article FDX WMT TGT UPS Follow your favorite stocksCREATE FREE ACCOUNT A FedEx worker makes a delivery on September 16, 2022 in Miami Beach, Florida. Joe Raedle | Getty Images FedEx warned of weakening global shipping demand in a preliminary earnings report last week, leaving the market scrambling to determine whether the problems

Production is now set to begin at the former Detroit-Hamtramck assembly plant, less than two years after GM announced the massive $2.2 billion investment to fully renovate the facility to build a variety of all-electric trucks and SUVs. Photo by Jeffrey Sauger for General Motors DETROIT — General Motors will close reservations for its electric

Source: Getty Images Sales of previously owned homes fell 0.4% in August from July to a seasonally adjusted annualized rate of 4.80 million units, according to the National Association of Realtors. That is the slowest sales pace since May 2020, when activity stalled very briefly due to the start of the pandemic. Outside of that,

In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford F-150 Lightning at the 2022 New York Auto Show. Scott Mlyn | CNBC DETROIT – Ford Motor’s stock suffered its worst day in more than 11 years, after the automaker pre-released part of its third-quarter earnings report and warned investors of $1 billion in

In this article BYND Follow your favorite stocksCREATE FREE ACCOUNT Beyond Meat said its operating chief Doug Ramsey has been suspended, effective immediately, after he was arrested Saturday evening for allegedly punching a man and biting his nose. The company said in a statement on Tuesday afternoon that Jonathan Nelson, the company’s senior vice president

In this article PTON Peloton Rowing Machine Courtesy: Peloton Peloton is adding rowing machines to its lineup as the company works through a restructuring to expand its customer base and return to a profit. The fitness-machine maker said on Tuesday it’s launching Peloton Row, which starts at $3,195 and is now available for preorder on

In this article SONY Viola Davis stars in Sony’s “The Woman King.” Sony During a lull in the movie calendar, Gina Prince-Bythewood’s “The Woman King” is generating the kind of buzz — and ticket sales — that the box office desperately needs. Theaction-packed film about an all-female regiment of warriors brought in $19 million at

In this article F 2023 Ford F-150 Raptor R Ford DETROIT – Ford Motor on Monday warned investors that the company expects to incur an extra $1 billion in costs during the third quarter due to inflation and supply chain issues. Ford said supply problems have resulted in parts shortages affecting roughly 40,000 to 45,000

In this article HLT LMT Concept art of a “Starlab” space station Nanoracks PARIS — Hotel giant Hilton has signed on to design astronaut facilities for the private space station Starlab, currently under development by Voyager Space Holdings and Lockheed Martin, the companies told CNBC on Monday. In addition to designing hospitality suites and sleeping

In this article 8604.T-JP Rice production in India has fallen by 5.6% year on year as of September in light of below-average monsoon rainfall, which has affected harvest, Nomura said. Rebecca Conway | Getty Images News | Getty Images India, the world’s largest rice exporter, has banned shipments of broken rice — a move that

In this article FDX AZO GIS LEN KBH COST CNBC’s Jim Cramer on Friday said that FedEx‘s warning of worsening economic conditions suggests the Federal Reserve is doing better in its inflation effort than expected — meaning the central bank could take a step back after its meeting next week. “If Fed chief Jay Powell

In this article FDX HD Home Depot‘s business has remained strong even as turbulent economic conditions pinch consumers’ wallets, CEO Ted Decker told CNBC’s Jim Cramer on Friday. His comments were in response to Cramer questioning him about whether he has seen the same signs of recession that FedEx CEO Raj Subramaniam warned of on

Loading chart… Albemarle Corp: “I suggest that you wait for it to come down a little, but I do like the situation very much.” Loading chart… Nikola Corp: “I think that stock is lethal, frankly. … I don’t want to own it.” Loading chart… ICL Group Ltd: “I like this company.” Loading chart… Cheniere Energy

Water tender crews monitor a backfire during the Mosquito fire in Foresthill, an unincorporated area of Placer County, California on September 13, 2022. Josh Edelson | AFP | Getty Images As a massive wildfire chewed through tens of thousands of acres in California over the past week, smoke and ash billowed into nearby towns including

Source: CANELA.TV An upstart Spanish-language streamer is taking a big step into original content. Canela Media will debut a daily entertainment news show, “¡Ponle Canela!,” on its streaming platform, Canela.TV, on Oct. 10. “Secretos De Villanas,” a reality series that puts some well-known telenovela actresses under one roof to reveal secrets about their lives and

British Airways Airbus A319 aircraft takes off from Heathrow Airport in London, Britain, May 17, 2021.  John Sibley | Reuters London’s Heathrow Airport will change about 15% of its Monday flights to avoid noise during Queen Elizabeth II’s funeral. “As a mark of respect, operations to and from the airport will be subject to appropriate

In this article IPAX The Nova-C lunar lander seen on April 26, 2022 during assembly for the IM-1 mission. Intuitive Machines PARIS — Lunar-focused space company Intuitive Machines announced Friday it will go public via a SPAC in a deal that values the venture at about $1 billion. The merger with special purpose acquisition company

In this article F Ford Chair Bill Ford and President and CEO Jim Farley converse in front of newly revealed Mustang Dark Horse at The Stampede in downtown Detroit on Sept. 14, 2022. Ford DETROIT – Ford Motor CEO Jim Farley was in his element Wednesday night, surrounded by gearheads and the automaker’s new 2024

In this article BBBY Bed Bath & Beyond has announced dozens of the roughly 150 stores it plans to close. The struggling home goods retailer released its plans last month to shutter the “lower producing” locations, representing about 20% of its namesake stores. The closures are part of a broader plan to try to stabilize