Signage is displayed outside a permanently closed Bed Bath & Beyond retail store in Hawthorne, California, on May 1, 2023. Patrick T. Fallon | AFP | Getty ImagesInvestment firm JAT Capital sent a scathing letter to the board of the new Bed Bath & Beyond on Friday saying it has...
The upcoming closures of two of JPMorgan’s socially conscious exchange-traded funds are shining a spotlight on the vanishing appetite for environmental, social and governance products. An unprecedented $7.7 billion has left do-good ETFs this year following 10 straight years of inflows, Bloomberg Intelligence data show. Issuers have shut down a...
At first blush, a record $100 billion flood into actively managed exchange-traded funds this year raises a tantalizing prospect: A revival of stock picking even as only Big Tech names outperform the market. Yet a look under the hood of popular ETFs shows the boom is almost entirely taking...
Bob Iger, Disney, at Apple programSource: AppleIt's rare for Disney Chief Executive Bob Iger to acknowledge his company has had creative missteps. So when he does, it's probably wise to pay attention."As I've looked at our overall output, meaning the studio, it's clear that the pandemic created a lot...
It’s the season when people keep on giving, and financial planning organizations are asking advisors to talk to their clients about contributing to donor-advised funds. “One of the main reasons for the popularity of DAFs is just the simplicity in being able to create a donor-advised fund to have that...
T-Mobile is once again being accused of failing to protect sensitive consumer data after an employee at one of its retail stores stole nude images from a customer's phone when she came to trade in an old device, according to a lawsuit filed Friday. The incident is similar to at...
Members of the United Auto Workers union picket outside the Michigan Assembly Plant in Wayne, Michigan, on Sept. 26, 2023.Matthew Hatcher | AFP | Getty ImagesDETROIT – Union members at Ford Motor approved a tentative agreement Friday, concluding contentious contract negotiations between the United Auto Workers and Detroit automakers.UAW-Ford...
Check out the companies making headlines in midday trading. Gap — The apparel retailer saw shares surge 30% after it posted fiscal third-quarter results late Thursday that beat Wall Street's estimates due to strong sales at Old Navy and improvements at its namesake banner. Adjusted earnings of 59 cents...
Barbie dolls (R) are displayed for sale ahead of Black Friday at a Walmart Supercenter on November 14, 2023 in Burbank, California. Mario Tama | Getty Images News | Getty ImagesEarly Black Friday discounts were far higher this October compared to prior years, signaling retailers are concerned that demand could...