Wayfair store in Wilmette, Illinois.Courtesy: WayfairWhat retail apocalypse?Online home goods retailer Wayfair is opening its first namesake store, near Chicago, following a string of other digitally native companies that have turned to brick-and-mortar for growth. In an ironic twist for a company that became a $12 billion powerhouse by persuading...
EasyJet Plc passenger aircraft on the tarmac at London Southend Airport in Southend-on-Sea, UK, on Friday, May 3, 2024.Bloomberg | Getty ImagesShares of EasyJet fell more than 7% on Thursday after the low-cost airline posted a slightly larger-than-expected loss in the first half of the fiscal year and announced...
ZHEJIANG, CHINA - MARCH 16 2023: A view of the logo of ERNIE Bot, an AI chatbot service developed by Chinese search engine Baidu, March 16, 2023.Long Wei | Future Publishing | Getty ImagesChina's Baidu beat analysts' estimates for first-quarter revenue on Thursday, driven by a recovery in advertising...
15 November 2023, Bavaria, Munich: Flags with the word "Siemens" in front of the company's headquarters.Karl-Josef Hildenbrand | Picture Alliance | Getty ImagesGerman technology giant Siemens on Thursday reported a drop in profit at its industrial business in the fiscal second quarter and said its automation division had slowed.The...
People walk near the entrance of a Walmart store in Miami, Florida, on May 14, 2024.Joe Raedle | Getty ImagesWalmart will report earnings on Thursday, as investors look to the nation's largest retailer to gauge the health of American consumers and the strength of the industry.Here is what Wall...