Browsing: Business
Deckers Outdoor shares jumped as much as 17% on Friday, after multiple brokerages raised their price targets following the company’s bet on full-price sales of its hot-selling Hoka running shoes and UGG…
Stop & Shop said Friday that it was temporarily closing all of its store delis after the federal government ordered a recall of Boar’s Head meat products due to fears…
Pershing Square USA, a fund managed by billionaire Bill Ackman, has postponed its initial public offering, according to a notice on the New York Stock Exchange’s website on Friday. The billionaire’s new…
General Motors revealed its most powerful Corvette ever — with a top speed of some 215 mph and an eye-watering price tag to match. The 2025 Corvette ZR1 will feature…
Media mogul Barry Diller hinted on Friday that his company IAC was no longer in the race to buy Paramount Global, CNBC reported on Friday. The chairman and senior executive…
Cracker Barrel CEO Julie Felss Masino rolled out a new three-year plan to revive the struggling Southern-themed chain after she admitted the brand was “just not as relevant.” The down-home…
Famed New York City hotspot Gotham Restaurant, an institution in Greenwich Village for four decades, filed for bankruptcy — two months after a $45,000 cyberscam forced the owner to shutter…
Wall Street bounced back on Friday as megacap tech and chip stocks recovered from the week’s pummeling, while a largely in-line key inflation reading kept bets for an early start to interest-rate…
The Federal Reserve’s preferred measure of inflation increased 2.5% in June compared to a year ago, in line with market expectations — boosting hopes for a September rate cut. The…
Kamala Harris’ allies in the tech industry have reportedly been lobbying behind the scenes for wealthy donors’ support since President Joe Biden bowed out of the race on Sunday —…