Business

Prince William delivers a speech in London on June 4, 2022. In his speech, the Duke of Cambridge said “decades of making the case for taking better care of our world” meant environmental issues were “now at the top of the global agenda.” Daniel Leal | AFP | Getty Images Prince William issued a rallying

Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., May 20, 2022.  Andrew Kelly | Reuters Small business owners are among the Americans most likely to fall behind on saving for retirement. Investing back into a business is more often a priority for entrepreneurs with

In this article ABT Shelves normally meant for baby formula sit nearly empty at a store in downtown Washington, DC, on May 22, 2022. Samuel Corum | AFP | Getty Images Abbott Nutrition on Saturday resumed baby formula production at its Sturgis, Michigan, plant, a move toward addressing a nationwide shortage. The company has been

In this article SBUX A protester waves a sign that read "unionize" near the Country Club Plaza Starbucks store where dozens of Starbucks employees and union supporters protested alleged anti-union tactics by the company Thursday, March 3, 2022. Jill Toyoshiba | Tribune News Service | Getty Images The union backing organizing efforts at Starbucks is

Doug McMillon, president and CEO of Walmart Inc. Corporation, participates in a Business Roundtable discussion on the”Future of Work in an Era of Automation and Artificial Intelligence”, during a CEO Innovation Summit, on December 6, 2018 in Washington, DC. Mark Wilson | Getty Images FAYETTEVILLE, Ark. — Thousands of Walmart employees gathered at a huge

In this article KSS The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images The drawn-out bidding process for Kohl’s doesn’t appear to be coming to an end any time soon. It could take several weeks, if not longer, for

In this article ULCC SAVE A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Frontier Airlines‘ parent company on Thursday said it would pay a $250 million reverse breakup fee to Spirit Airlines if regulators don’t

BENTONVILLE, Arkansas — Walmart’s cavernous stores are known for aisles of low-priced groceries, paper towels and apparel. Now, those big boxes are hubs for its e-commerce business, serving as launch pads for delivery drones, automated warehouses for online grocery orders and departure locations for direct-to-fridge drop-offs. Eventually, they will help pack and ship goods for

In this article UAL A United Airlines passenger aircraft prepares to leave its gate and taxi to the runway at San Francisco International Airport in San Francisco, California. Robert Alexander | Getty Images United Airlines plans to break ground Wednesday on an expansion of its training center in Denver, an initiative aimed at getting thousands

A “For Sale” sign outside a house in Crockett, California, on Tuesday, May 31, 2022. David Paul Morris | Bloomberg | Getty Images Mortgage rates rose sharply this week, after pulling back over the last three weeks. The 30-year fixed hit 5.36% Monday and then moved higher again Tuesday to 5.47%, according to Mortgage News

In this article VSCO Shoppers are seen inside a shopping mall in Bethesda, Maryland on February 17, 2022. Mandel Ngan | AFP | Getty Images Victoria’s Secret reported a quarterly profit that topped Wall Street expectations on Tuesday, but warned that it could continue to face supply chain and sales challenges for the remainder of

In this article CRM Salesforce co-founder and co-CEO Marc Benioff told CNBC’s Jim Cramer on Tuesday that the rising value of the dollar played a part in the software company lowering revenue guidance in its latest quarter. “Our guidance is really impacted by foreign exchange,” Benioff said in an interview on “Mad Money.” “We have

Bob Iger poses with Mickey Mouse attends Mickey’s 90th Spectacular at The Shrine Auditorium on October 6, 2018 in Los Angeles. Valerie Macon | AFP | Getty Images Former Disney CEO Bob Iger has acquired a stake in Australian design company Canva and agreed to be an advisor to the closely held company. “We’re incredibly

In this article PARA Tom Cruise in “Top Gun: Maverick” Source: Paramount LOS ANGELES – “Top Gun: Maverick” soared to $124 million during its opening weekend, earning Tom Cruise his highest domestic debut. The prolific actor, who has made a name for himself as a fearless stuntman, has generated more than $4.2 billion at the

In this article NFLX Reed Hastings, Co-CEO, Netflix speaks at the 2021 Milken Institute Global Conference in Beverly Hills, California, U.S. October 18, 2021. David Swanson | Reuters The media and entertainment industry prides itself on its mastery of classical storytelling’s three acts: the setup, the conflict and the resolution. It’s safe to declare the

A help wanted sign is displayed in the window of a Brooklyn, New York business. Spencer Platt | Getty Images Cracks are forming in the U.S. labor market as some companies look to curb hiring while others are desperate for employees. Microsoft, Twitter, Wayfair, Snap and Facebook-parent Meta recently announced they plan to be more

Tracy McGrady Source: Ones Basketball League This time, Tracy McGrady is trusting his ideas. The basketball Hall of Famer has funded real estate projects, he’s backed a sports and entertainment agency, and committed to a cryptocurrency partnership before the sector lost billions in value. Now, McGrady is investing in his own company, Ones Basketball League,

Virgin Orbit’s modified 747 jet “Cosmic Girl” releases the company’s LauncherOne rocket for a mission on January 13, 2022. Virgin Orbit Space companies reported results for the first quarter of the year over the past several weeks – with many CEOs complaining of supply chain disruptions pushing back hardware deliveries and launch schedules. “Everyone’s getting

Tom Cruise in “Top Gun: Maverick” Source: Paramount This weekend Tom Cruise has a chance to do something he’s never done before — open a film to more than $100 million at the domestic box office. The prolific actor, who has made a name for himself as a fearless stuntman, has generated more than $4.2

In this article GPS ULTA URBN JWN M A Nordstrom employee fixes a floral dress on a mannequin in one of the retailer’s department stores. Ben Nelms | Bloomberg | Getty Images Out with sweatpants, in with blazers, lipstick and eye-popping prints on dresses. Americans are sprucing up their wardrobes and spending more on dressier

Test tubes labelled “Monkeypox virus positive and negative” are seen in this illustration taken May 23, 2022.  Dado Ruvic | Reuters A recent monkeypox outbreak across the U.S., Europe, Australia and the Middle East has baffled health experts and is raising concerns of a wider outbreak. As of Wednesday, there were 346 confirmed and suspected

Rep. Joaquin Castro (D-TX) speaks at a press conference on immigration on Capitol Hill on November 18, 2021 in Washington, DC. Anna Moneymaker | Getty Images Texas Democratic Rep. Joaquin Castro on Thursday asked the FBI to investigate the timeline of the Uvalde elementary school massacre and the police response to it as controversy grew

In this article KSS The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Kohl’s shares surged more than 15% Wednesday, after being briefly halted, following a report that bidders competing to acquire the retailer are preparing to make binding

In this article MCD Signage outside a McDonald’s Corp. fast food restaurant in Louisville, Kentucky, U.S., on Friday, Oct. 22, 2021. Luke Sharrett | Bloomberg | Getty Images McDonald’s shareholders meeting on Thursday morning will mark the climax of a proxy fight waged by activist investor Carl Icahn, who is pushing for two seats on

In this article WEN A drive-thru window of a Wendy’s restaurant in Peoria, Illinois. Daniel Acker | Bloomberg | Getty Images Shares of Wendy’s surged roughly 15% in extended trading Tuesday after a filing revealed hedge fund Trian Partners, its largest shareholder, is exploring a potential deal with the company. Trian, along with its partners,

Charging port for a Ford Motor Co. Mustang during the Washington Auto Show in Washington, D.C., on Friday, Jan. 21, 2022. Al Drago | Bloomberg | Getty Images As gas prices hit record highs, some Americans might be tempted to go electric and ease the pain at the pump. But finding a shiny, new electric vehicle

In this article SBUX A woman drinks coffee in a Starbucks in a mall in Khimki outside Moscow. Alexander Natruskin | Russia After 15 years operating in Russia, Starbucks will exit the market, joining companies like McDonald’s, Exxon Mobil and British American Tobacco in withdrawing from the country completely. The coffee giant announced Monday that

SpaceX CEO Elon Musk participates in a postlaunch news conference inside the Press Site auditorium at NASA’s Kennedy Space Center in Florida on May 30, 2020, following the launch of the agency’s SpaceX Demo-2 mission to the International Space Station. NASA/Kim Shiflett SpaceX President and COO Gwynne Shotwell defended Elon Musk in an email to

Twenty20 People are changing their spending habits as prices surge at rates not seen in four decades, making choices that favor experiences. That means big demand for live sports. Demand for sports attendance is usually “unresponsive to price changes,” said Dennis Coates, a sports economics professor at the University of Maryland, Baltimore County. “Good times,

Cars and trucks are wedged together after a deadly multi-vehicle pileup on the ice covered I-35 in a still image from video in Fort Worth, Texas, February 11, 2021. NBC5 | via Reuters New vehicles on sale in the U.S. today are the safest and most advanced ever made, yet roadway fatalities last year reached