Forever 21 seeks rent concessions, facing financial struggles

A Forever 21 store is pictured in London on Sept. 30, 2019.Alberto Pezzali | NurPhoto | Getty ImagesForever 21 is asking landlords for a break on rent as the legacy fast-fashion player's sales decline and it struggles to keep up with savvier competitors, CNBC has learned.The retailer, which has...

Read more...

SpaceX unveils ‘Starlink Mini’ satellite internet antenna for $599

Starlink Mini promotional image.SpaceX customer email sent June 19, 2024.SpaceX is rolling out a compact version of its Starlink antennas called "Mini," which the company is advertising as a mobile option for its satellite internet customers."Starlink Mini is a compact, portable kit that can easily fit in a backpack,...

Read more...

Gilead PrEP lenacapavir succeeds in Phase 3 trial

The logo of Gilead Sciences pharmaceutical company is seen in Oceanside, California, April 29, 2020.Mike Blake | ReutersGilead's experimental twice-yearly medicine to prevent HIV was 100% effective in a late-stage trial, the company said Thursday.None of the roughly 2,000 women in the trial who received Gilead's shot lenacapavir had...

Read more...

Darden Restaurants (DRI) Q4 2024 earnings

Olive Garden Italian restaurant sign showing company logo, Spokane Valley, Washington, owned by Darden Restaurants Incorporated headquartered in Florida. Universal Images Group | Getty ImagesDarden Restaurants on Thursday reported mixed quarterly results as Olive Garden's same-store sales fell for the second consecutive quarter.Shares of the company rose more than 1%...

Read more...