Browsing: Business
CVS Health on Friday replaced CEO Karen Lynch with David Joyner, a CVS veteran who retired before returning to the company last year, after investors including activist Glenview Capital pressured the…
Former Target Vice Chairman Gerald Storch on Thursday warned that holiday spending will likely disappoint this year as inflation-battered consumers run low on savings and scrimp on spending due to…
Starbucks’ new CEO Brian Niccol is facing stressed-out baristas who gripe they are being thrown into “skeleton” crews as they scramble to meet a barrage of coffee orders, according to…
Expedia shares soared Thursday on news that Uber discussed a takeover bid for the travel booking giant, according to reports. Expedia shares rose as much as 8.4% Wednesday evening after…
One of Amazon’s top executives defended the new, controversial 5-day-per-week in-office policy on Thursday, saying those who do not support it can leave for another company. Speaking at an all-hands meeting for…
Streaming video pioneer Netflix picked up 5.1 million subscribers in the third quarter, topping Wall Street estimates by more than 1 million users, the company said in its earnings report on Thursday.…
Harvard University warned that donations to its endowment have nosedived as outraged alumni cut ties with the school over its feeble response to on-campus antisemitism. Cash gifts to the Ivy…
Wall Street is “very convinced” that former President Donald Trump is going to win the 2024 presidential election, according to a billionaire investor who formerly managed money for George Soros.…
Google is “very likely” to be barred from paying billions of dollars each year to Apple to ensure its search engine is enabled by default on iPhones after its stunning…
Amazon is the latest tech giant to embrace nuclear energy as it scrambles to supply electricity-hogging artificial intelligence programs. Amazon Web Services, the Seattle-based e-retailer’s cloud computing unit, said Wednesday…