Tag: 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...

Ozempic, Wegovy may curb drinking, smoking and other addictive behaviors – here’s what we know

An Ozempic (semaglutide) injection pen is seen on a kitchen table in Riga, Latvia on 06 August, 2023. Jaap Arriens | Nurphoto | Getty ImagesHeather...

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...

Johnson & Johnson effort to resolve talc cancer lawsuits in bankruptcy fails a second time

In this photo illustration, a container of Johnson and Johnson baby powder is displayed on April 05, 2023 in San Anselmo, California. Justin Sullivan |...

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...

Space Force chief says U.S. is facing a ‘new era’ of threats beyond Earth

US Space Force General B. Chance Saltzman, Chief of Space Operations, testifies about the Fiscal Year 2024 Budget request during a Senate Armed Services...