Procter & Gamble shares were down sharply early in Friday's session after the consumer products giant reported a mixed quarter. We viewed the action as a bit of profit-taking — and not a reflection of the results. The stock entered the session on a four-day winning streak while the...
Lululemon is planning to shut down its Washington distribution center and lay off 128 employees after opening a massive new warehouse outside of Los Angeles, the company confirmed Friday.The athletic apparel retailer filed a WARN notice with the state's Employment Security Department on Thursday, notifying it of its plans...
Autonomous delivery drone startup Zipline said Friday that it hit its 1 millionth delivery to customers and that it's eyeing restaurant partnerships in its next phase of growth.The San Francisco-based startup designs, builds and operates autonomous delivery drones, working with clients that range from more than 4,700 hospitals, including...
An American Airlines Airbus A319 airplane takes off past the air traffic control tower at Ronald Reagan Washington National Airport in Arlington, Virginia, January 11, 2023Saul Loeb | AFP | Getty ImagesThe head of the Federal Aviation Administration on Friday said the agency will increase the required amount of...
Xinhua News Agency | Xinhua News Agency | Getty ImagesCalling the state of the U.S. jobs market these days stable seems like an understatement considering the latest data coming out of the Labor Department.That's because most of the past several weeks have shown that first-time claims for unemployment benefits...
Check out the companies making headlines in midday trading. Ulta Beauty — Ulta Beauty shares fell 3% after Jefferies downgraded the beauty retailer to a hold from a buy rating, citing rising competition. Netflix — The streaming giant sank more than 7% after saying it will stop reporting subscriber...
