Nike’s China sales continued to slow during its holiday quarter, but the retailer beat estimates on the top and bottom line, thanks to better than expected growth in North America and price changes. Here’s a … Read more
Lululemon recently reported its holiday earnings, sharing some exciting news as well as some challenges for the popular athletic apparel retailer. While earnings per share and revenue exceeded expectations, the company’s guidance for the future … Read more
Target Doubles Bonus Payments for Salaried Employees Target is set to double its bonus payments to salaried employees this year as the retail giant’s profits bounce back from a challenging two-year period. This increase in … Read more
Recently, the Walt Disney Company has been embroiled in a contentious battle between activist investor Nelson Peltz and CEO Bob Iger. Proxy advisory firm Institutional Shareholder Services (ISS) has recommended that Disney shareholders elect Peltz … Read more
Darden Restaurants Reports Mixed Quarterly Results and Acquisition of Ruth’s Hospitality Group In a surprising move, Darden Restaurants announced their acquisition of Ruth’s Hospitality Group, the parent company of Ruth’s Chris Steak House, for $715 … Read more
Sports Memorabilia Market Booms as Sotheby’s Expands Offerings Do you have a passion for sports memorabilia? If so, you’re not alone. The market for athletic collectibles is growing rapidly, and Sotheby’s is taking notice. The … Read more
George Lucas Backs Disney CEO Bob Iger in Proxy Battle In the ongoing proxy battle between Walt Disney and activist investor Nelson Peltz, filmmaker George Lucas has thrown his support behind Disney CEO Bob Iger. … Read more
JetBlue Airways announced major route cuts in an effort to reduce costs and improve financial performance. This decision was made following a failed attempt to acquire Spirit Airlines and an engine issue that grounded some … Read more
Nordstrom Considers Going Private Amid Struggles Shoppers exit the Nordstrom at the Westfield Topanga mall in Canoga Park, California, on Aug. 14, 2023. Christina House | Los Angeles Times | Getty Images Nordstrom shares jumped … Read more
The world of artificial intelligence is rapidly expanding, and it’s now making its way into the housing industry, particularly in the field of architecture. One company leading the charge is ICON, known for developing some … Read more