A person walks past a sales advertisement at Saks Off 5th department store ahead of the Thanksgiving holiday sales in Washington, D.C., on Nov. 21, 2023.Saul Loeb | AFP | Getty ImagesIn the months before Bed Bath & Beyond declared bankruptcy last April, the former home goods titan was...
Ford CEO Jim Farley at a battery lab for the automaker in suburban Detroit, announcing a new $3.5 billion electric vehicle battery plant in the state to produce lithium iron phosphate batteries, Feb. 13, 2023.Michael Wayland/CNBCDETROIT – Ford Motor is delaying production of a new all-electric large SUV and...
Bob Iger, CEO, Disney at the Allen & Company Sun Valley Conference on July 11, 2023 in Sun Valley, IdahoDavid A. Grogan | CNBCDisney shareholders overwhelmingly voted to keep the company's current board intact during Wednesday's annual meeting, suggesting they believe current CEO Bob Iger has a plan to...
Levi Strauss, which has long relied on wholesalers like Macy's and Kohl's to drive its business, is now doing nearly half of its sales through its own website and stores, the company said Wednesday when reporting fiscal first quarter earnings. In the three months ended Feb. 25, direct-to-consumer sales made...
Bob Iger poses with Mickey Mouse attends Mickey's 90th Spectacular at The Shrine Auditorium on October 6, 2018 in Los Angeles.Valerie Macon | AFP | Getty ImagesDisney shareholders on Wednesday reelected the media conglomerate's full board, preliminary results show, handing a stinging defeat to activist Nelson Peltz and former...
People walk past an Ulta Beauty store in the Manhattan borough of New York City, New York, U.S., March 8, 2022. Carlo Allegri | ReutersUlta Beauty shares tumbled about 13% on Wednesday as CEO Dave Kimbell warned of cooling demand for beauty products.Other stocks in the segment, including E.L.F. Beauty,...
Bob Iger, CEO of The Walt Disney Company, speaks during the grand opening ceremony of Shanghai Disney Resort's Zootopia-themed attraction at Shanghai Disney Resort on December 19, 2023 in Shanghai, China.Visual China Group | Getty ImagesDisney's largest shareholder, index-fund manager Vanguard, plans to support management over Nelson Peltz's Trian...
The 2024 Buick Envista.GMDETROIT — General Motors on Tuesday reported a 1.5% decline in first-quarter U.S. vehicle sales compared to a year ago, as the overall auto industry normalizes after years of disruptions and volatile results.The Detroit automaker said the decline to 594,233 vehicles sold during the first three...
Ariel Emanuel, Chief Executive Officer, Endeavor, at the New York Stock Exchange, April 29, 2021.Source: NYSEPrivate equity firm Silver Lake announced Tuesday that it's acquiring entertainment company Endeavor Group Holdings for $27.50 a share.Endeavor's stock rose more than 2% Tuesday afternoon after a brief halt ahead of the announcement....
Caitlin Clark, #22 of the Iowa Hawkeyes, celebrates after beating the Lousiana State University Tigers 94-87 in the Elite Eight round of the NCAA Women's Basketball Tournament at MVP Arena in Albany, New York, on April 1, 2024.Andy Lyons | Getty ImagesThe superstar women's college basketball matchups Monday night...