JD.com Stock Slides as Walmart Sells Stake
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21Aug
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21Aug
Target CEO Brian Cornell weighs in on price gouging
There's no room for price gouging in an ultracompetitive business like retail, Target CEO Brian Cornell said Wednesday.In an interview on CNBC's "Squawk Box," the retail chief disputed campaign talking points accusing grocers of inflating prices. He said retailers have to be responsive to customers or risk losing business.He...
21Aug
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21Aug
Launch of VauldAction.org to Unite Creditors and Advocate for Their Rights
Singapore, Singapore, August 21st, 2024, FinanceWireVauldAction.org, a newly launched platform, is now live, dedicated to uniting creditors and supporting them in advocating for their rights. The website serves as a hub for information, resources, and updates to help creditors work together effectively.“VauldAction.org was created to bring creditors together, offering...
21Aug
As strength training grows, Peloton and Planet Fitness shift focus
Shauntil Cox lifts weights with the help of her trainer, Deano Troost, at a Planet Fitness in New Caney, Texas, on Sept. 19, 2023.Jason Fochtman | Houston Chronicle | Hearst Newspapers | Getty ImagesA growing share of gym users is looking to build muscle, leading major fitness companies to...
21Aug
Ford delays new EV plant, cancels electric three-row SUV
DETROIT – Ford Motor is delaying production of a new plant in Tennessee to produce a next-generation all-electric pickup truck and canceling plans for a three-row electric SUV, the company said Wednesday.Instead, Ford said it will prioritize the development of hybrid models, as well as electric commercial vehicles such...
21Aug
TJX Companies (TJX) earnings Q2 2025
A Marshalls and HomeGoods store entrance in Miami, Florida. Jeff Greenberg | Universal Images Group | Getty ImagesTJX Companies raised its full-year guidance on Wednesday after posting another quarter of strong sales, but its outlook still fell just short of Wall Street's expectations.The discounter behind Marshalls, HomeGoods and TJ Maxx...
21Aug
Macy’s (M) Q2 2024 earnings
Macy's cut its full-year sales forecast Wednesday, as the department store operator said it is contending with selective shoppers and more promotions.The retailer posted a mixed quarter, as it topped Wall Street's earnings expectations but missed on revenue.Macy's said it now anticipates net sales of between $22.1 billion and...
21Aug
Sesame to offer compounded Wegovy through weight loss program
Health-care marketplace Sesame on Wednesday announced a new clinical weight loss program that will help eligible consumers access compounded versions of Novo Nordisk's blockbuster obesity drug Wegovy for $249 per month.Sesame allows patients to book and pay for appointments with doctors and specialists directly through its website, so it...
21Aug
Israel Fintech Industry in 2024: A Year of Resilience
By Nir Netzer, a Venture Partner at Tenity and the Chairman of the Israeli Fintech Association – FinTech-Aviv.The global fintech sector is set for tremendous growth in 2024, driven by expanding market opportunities and new innovations. One major development is the integration of Generative AI into the fintech landscape....