A UPS worker sorts packages in New York on Dec. 18, 2017.Adam Jeffery | CNBCOnline spending rose 4.9% year over year, setting a record for e-commerce during the holiday season, as shoppers pounced on discounts and leaned on buy now, pay later to cover more of their purchases, according...
2024 Ford F-150 PowerBoost Platinum hybridFordDETROIT – Ford Motor's U.S. sales increased about 7% last year, marking the automaker's best sales since 2020 but coming in lower than the overall industry's growth.Ford on Thursday reported sales of nearly 2 million vehicles in 2023, a 7.1% increase from the previous...
Peloton has launched a partnership with TikTok.Courtesy of: PelotonPeloton launched a partnership with TikTok on Thursday as part of its strategy to change its public perception and attract a broader array of customers as sales and profits fall. The partnership will create a new fitness hub on the social media...
A worker at a restaurant at Grand Central Market in Los Angeles, California, US, on Thursday, Nov. 2, 2023. Eric Thayer | Bloomberg | Getty ImagesHiring in the private sector rose at a faster than expected pace in December, closing out a strong 2023 for the resilient U.S. jobs market,...
Drugmaker Eli Lilly announced on Thursday a new website that will allow patients to get a weight loss drug prescription through a telehealth provider — a move, the company says, that will improve access to the extremely popular and effective drugs, including its recently approved drug, Zepbound.The new website, called LillyDirect, joins a...
Check out the companies making headlines in premarket trading. Walgreens — Walgreens shares were up more than 2% in the premarket after the pharmacy operator posted fiscal first -quarter earnings and revenue that beat analyst expectations. To be sure, Walgreens cut its quarterly dividend to 25 cents per share...
A man walks near a Walgreens pharmacy on March 09, 2023 in New York City. Leonardo Munoz | Corbis News | Getty ImagesWalgreens reported fiscal first-quarter adjusted earnings and revenue that topped expectations on Thursday, but cut its quarterly dividend nearly in half. The retail pharmacy giant slashed its dividend to...
The Ford F-150 Lightning Electric Truck.John Tlumacki | Boston Globe | Getty ImagesDETROIT – Ford Motor is increasing the price of some 2024 F-150 Lightning models, while lowering the costs of its most expensive models.The Detroit automaker confirmed Wednesday that new starting prices for the pickup will range from...
The Maersk Sentosa container ship sails southbound to exit the Suez Canal in Suez, Egypt, on Thursday, Dec. 21, 2023.Stringer | Bloomberg | Getty ImagesAttacks on ships in the Red Sea continue to push ocean freight rates higher, triggering warnings of inflation and delayed goods. To avoid strikes by...
Check out the companies making headlines in midday trading. Xerox – Xerox shares sank more than 9% after the digital printing company announced plans to cut 15% of its workforce in the first quarter as part of a broader restructuring effort. SoFi Technologies — The financial technology stock tumbled...