The Chicken Shack sandwich from Shake Shack.Shake ShackShares of Shake Shack surged 20% Thursday morning after the burger chain delivered strong fourth-quarter earnings results.With Thursday morning's gains, the stock reached a new 52-week high of $95.80 and is up more than 50% in the last twelve months.Stock Chart IconStock...
A monopoly game sits under the Hasbro logo during Brand Licensing Europe at ExCel on November 18, 2021 in London, England.John Keeble | Getty ImagesToy company Hasbro reported a more than 20% hit to its fourth-quarter revenue and issued a downbeat 2024 forecast Tuesday morning. Shares of the company...
Amtrak trains travel through Washington, DC, on September 15, 2022.Stefani Reynolds | AFP | Getty ImagesAs domestic travel rebounds from pandemic lows and prices soar, some travelers opting for trains over planes.For many, the tradeoffs are simple: Trains are often cheaper, provide more leg room and are better for...
The Warner Music Group logo is displayed on a smartphone.Sopa Images | Lightrocket | Getty ImagesWarner Music is laying off 600 employees, or about 10% of its workforce, according to a Wednesday filing.The company said the layoffs are part of a broader restructuring plan aimed at saving costs to...
A United Parcel Service truck searches for a house driving along the coast of Cape Cod on July 24, 2023 in Orleans, Massachusetts. Robert Nickelsberg | Getty ImagesUPS fell short of Wall Street revenue estimates Tuesday, reporting drops in shipping volume, both internationally and domestically, in its fourth-quarter earnings report....
Starbucks is launching its beverages called Oleato in all U.S. stores.Courtesy: StarbucksStarbucks is launching its olive oil-infused drinks in all U.S. stores beginning Tuesday, the company said.The beverages, named Oleato, debuted in Italy in February 2023 after former CEO Howard Schultz visited the country and noticed locals drinking olive...
A "For Sale" sign stands outside a home following a snow fall in Geneseo, Illinois, U.S., on Monday, Jan. 20, 2020. The National Association Of Realtors is scheduled to release Existing Homes Sales figures on January 22. Photographer:Bloomberg | Bloomberg | Getty ImagesSevere winter weather is hindering home sales...
Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023. JanValls | Nurphoto | Getty ImagesAmerican Airlines on Thursday posted a $19 million profit for the last three months of 2023, topping Wall Street estimates on the top and bottom lines.Shares of...
A Birkenstock banner hangs outside the New York Stock Exchange in New York on Oct. 11, 2023, as Birkenstock launches an initial public offering.Angela Weiss | Afp | Getty ImagesBirkenstock shares slumped nearly 10% Thursday after the company warned about its 2024 outlook during its first earnings report since...
A Redfin sign in front of a home for sale in Atlanta on Nov. 10, 2022.Elijah Nouvelage | Bloomberg | Getty ImagesThis year was the least affordable year for homebuying in at least in the past 11 years, according to a Thursday report from real estate company Redfin.In 2023,...