Tag: Breaking News: Business

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Home Depot earnings beat, but retailer offers a tepid outlook as sales slide

Home Depot's quarterly sales declined 3% from the year-ago period, but topped Wall Street's expectations as customers chipped away at more modest projects and...

Astra defaults on debt agreement, warns it may not be able to raise needed cash

The company's LV0010 rocket stands on the launchpad at Florida's Cape Canaveral ahead of the NASA TROPICS-1 mission.AstraStruggling space company Astra disclosed in a...

Big Food vs. Big Pharma: Companies bet on snacking just as weight loss drugs boom

The snack aisle is seen during a tour of a new Amazon Go store in the Capitol Hill neighborhood of Seattle, Washington, U.S., on...

Lululemon ups guidance after ‘strong’ growth in China boosts quarterly sales

A customer enters a Lululemon store on June 02, 2023 in Corte Madera, California.Justin Sullivan | Getty ImagesLululemon raised its full-year guidance Thursday after...

Aldi is getting bigger. Here’s why the no-frills German grocer is looking to the Southern U.S. for growth

No-frills discounter Aldi is the latest grocer to shake up the industry with big moves.The German retailer announced this week that it plans to...

ESPN launches sportsbook in partnership with Penn Entertainment

SportsCenter at ESPN Headquarters.The Washington Post | The Washington Post | Getty ImagesDisney's ESPN is launching a betting sportsbook, putting the sports entertainment unit...

Warner Bros. needs to stop copying Disney and let its superheroes fly solo

Ezra Miller stars as Barry Allen in Warner Bros.' "The Flash."Warner Bros. Discovery"The Flash" is a flop. "Black Adam" was a bust. And does...

Three industries ripe for automation, according to a robotics guru

A software and robotics machine called mGripAI from Massachusetts-based Soft Robotics sorts artifical pieces of chicken into trays for packaging at an automation conference...

Disney shares sink nearly 9% after the company reports streaming subscriber losses

The Disney+ logo is displayed on a TV screen in Paris, December 26, 2019.Chesnot | Getty ImagesDisney shares fell nearly 9% Thursday after the...

In renaming ‘HBO Max,’ Warner Bros. Discovery hedges its bets in streaming

JB Perrette, President and CEO of Warner Bros. Discovery Global Streaming and Games, speaks onstage during a Warner Bros. Discovery Streaming Press Event on...