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Investing

Home Depot earnings beat Wall Street estimates as retailer breaks comparable sales losing streak

Home Depot on Tuesday topped Wall Street’s quarterly sales expectations, even as elevated interest rates and housing prices dampened consumer demand for large remodels and…
Investing

Joann to shutter all 800 fabric stores after failing to find a buyer to save its locations

Fabrics outlet Joann will shutter all of its approximately 800 locations after failing to find a buyer who would keep its stores…
Investing

JPMorgan Chase CEO Jamie Dimon says DOGE ‘needs to be done’ to fix government inefficiency

JPMorgan Chase CEO Jamie Dimon on Monday said the U.S. government is inefficient and in need of work as the Trump administration terminates thousands of federal employees…
Investing

How digitally native companies like Rothy’s are growing profitably in a new era for retail

Direct-to-consumer footwear brand Rothy’s just recorded its best year on record after the company appointed retail veteran Jenny Ming, one of the co-founders…
Investing

Denny’s says some locations will start charging extra for eggs amid nationwide shortage

Denny’s is the latest nationwide restaurant chain to announce surcharges for meals that include eggs in response to a nationwide shortage that…
Investing

Robinhood app says SEC dismissed crypto investigation in sign of easier industry regulation

The Securities and Exchange Commission is dropping its investigation into Robinhood’s crypto arm, the company revealed Monday. Robinhood said it received a letter…
Investing

Apple boosts U.S. investment plans with $500 billion pledge amid Trump tariff threat

Apple on Monday reaffirmed a commitment to invest hundreds of billions of dollars in the U.S. over the coming years amid pressure…
Investing

Starbucks to lay off 1,100 corporate workers as sales sag

Starbucks will lay off 1,100 corporate employees and will not fill several hundred other open positions, the coffee chain’s CEO Brian Niccol said…
Investing

IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company’s history

An “embarrassment of riches” at the box office could fuel a $1.2 billion year for IMAX, CEO Rich Gelfond told CNBC on Friday….
Investing

CEOs want workers back in offices—this company is giving workers a $10,000 raise to do it

Cameo wants workers back in the office more often, and it’s paying them each $10,000 to show up. Starting this week, workers…
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