Shares of Ulta Beauty are trading lower after the company's fourth quarter earnings report revealed higher-than-expected adjusted EPS but lower comparable sales and operating margins forecast, although the company's expansion into Mexico and growing skincare category are positive developments.
US media giants Paramount and Disney are selling their stakes in India's Viacom18 and restructuring their India assets respectively, as they face challenges in monetizing and competing with local rivals who have ample cash reserves, leading to a retreat from the Indian market.
The Federal Communications Commission (FCC) has voted to raise the benchmark for broadband speeds to at least 100Mbps download and 20Mbps upload, replacing the previous standard of 25Mbps down and 3Mbps up.
Keurig plans to release 100% plastic-free coffee pods, called K-Rounds, which are compostable and will require a new machine, the Keurig Alta, for brewing.
A panel of advisers to the FDA has supported the benefits of Geron's blood disorder drug, imetelstat, for the treatment of transfusion-dependent anemia in patients with myelodysplastic syndromes, despite concerns over safety and lack of clarity in data.
Americans' spending increased slightly in February but at a weaker pace than expected, indicating growing caution with money amid inflation concerns and reduced savings.
PayPal (NASDAQ: PYPL) received positive comments from its CFO and was included in the Motley Fool's list of 10 best stocks, making it a promising investment option.
Target is launching express self-checkout lanes at nearly 2,000 stores, allowing customers to purchase 10 items or less, during busy shopping times.
Tech billionaire Marc Benioff has been quietly buying large amounts of land in a small residential town in Hawaii, sparking concerns among local residents about his intentions.
Macy's Considers $6.6 Billion Buyout Offer Less Than Compelling As Activist Investor Pushes For Sale
Private equity firm Arkhouse Management and its partner Brigade are working on a confidentiality agreement with Macy's, as their bid to take over the department store chain continues. Macy's board has indicated that they find Arkhouse's offer "less than compelling" but are willing to negotiate a confidentiality agreement for due diligence.
The Federal Communications Commission (FCC) has raised the broadband speed requirements to 100 Mbps downloads and 20 Mbps uploads, aiming to improve internet service in the US, particularly in rural areas and Tribal lands, and prevent ISPs from falsely marketing their services as broadband.
The Disney Board of Directors is considering four executives, Dana Walden, Josh D'Amaro, Alan Bergman, and Jimmy Pitaro, to succeed CEO Bob Iger, with plans to appoint a Chief Operating Officer or President before the end of Iger's tenure.
Digital media and marketing software firm Adobe beat Wall Street's expectations for its fiscal first quarter, but its lackluster forecast for the current period caused its stock to fall.
The FDA Oncologic Drugs Advisory Committee has voted in favor of imetelstat, a potential treatment for transfusion-dependent anemia in adult patients with low-to-intermediate-1 risk myelodysplastic syndromes who have not responded to or are ineligible for current treatment options.
The U.S. Food and Drug Administration has approved Rezdiffra (resmetirom) as a treatment for adults with noncirrhotic non-alcoholic steatohepatitis (NASH) with moderate to advanced liver scarring, alongside diet and exercise, marking the first medication available for these patients.
Citadel's move to Miami is attracting more finance professionals to the city, offering a unique combination of a rigorous work environment and a thriving metropolitan lifestyle with activities, events, and outdoor opportunities.
President Biden opposes a $15 billion deal that would allow Japan's Nippon Steel to take over U.S. Steel, citing the importance of maintaining strong American steel companies powered by American workers.
The Dallas-Fort Worth Metroplex experienced the largest metropolitan population growth in the US last year, adding approximately 418 residents a day, surpassing 8 million total residents.
The FCC has passed new rules requiring cable and satellite providers to clearly disclose the full price of subscriptions in their promotional materials, aiming to eliminate hidden fees and make it easier for consumers to compare services.
Former US Treasury Secretary Steve Mnuchin plans to rally investors to buy TikTok amid concerns over user privacy and national security, stating that the app should be owned by US businesses rather than its China-based parent company ByteDance.
The US Energy Department plans to offer a $2.3 billion loan to Lithium Americas to boost domestic production of lithium, a key mineral used in electric vehicle batteries, in an effort to support the country's clean energy goals and reduce reliance on other countries.
The El Niño weather pattern is weakening and is expected to be replaced by a La Niña phenomenon by the summer, which could have significant impacts on global weather patterns.
Wholesale prices in the United States rose in February, indicating that inflation pressures remain elevated and may not cool as quickly as expected by the Federal Reserve or the Biden administration.
Microsoft's stock reached a new record high after the company announced the launch of its latest artificial intelligence assistant, Microsoft Copilot for Security, which will help security and IT professionals protect their operations from cybercriminals.
President Joe Biden and Commerce Secretary Gina Raimondo will unveil a multi-billion-dollar award for Intel to expand chip production in the United States, aiming to increase domestic semiconductor production and reduce reliance on Asia.
JPMorgan is facing fines totaling nearly $350 million from bank regulators for operating a trade surveillance program with gaps in coverage and inadequate data controls.
America's first commercial-scale offshore wind farm, South Fork Wind, has officially opened, marking a turning point for the industry and paving the way for more large wind farms to address climate change.
Outdoor Voices, the athleisure company, is shutting down all of its 16 stores and transitioning to an exclusively online business.
A San Francisco-bound United Airlines flight encountered a hydraulic leak but was able to land safely, adding to a series of recent incidents involving the airline.
Federal air safety officials are investigating tire problems on American Airlines and United Airlines flights, raising concerns about safety and putting pressure on Boeing to address these issues.
Dollar Tree's planned closure of 1,000 locations presents an opportunity for competitors like Walmart, Dollar General, and discount grocers to gain additional foot traffic, although the impact may not be significant due to the smaller size of the targeted stores.
A major internet outage in west and central Africa has left much of the region without internet service due to multiple subsea cable failures, causing disruptions to international transits and potentially affecting essential services in affected countries.
Lithium Nevada has been given a $2.26 billion loan from the US Department of Energy to fund a lithium carbonate processing plant, which will become North America's largest source of lithium for electric vehicle (EV) batteries once operational, producing enough lithium carbonate for up to 800,000 EVs annually.
Royal Caribbean has suspended its cruise calls to Haiti for at least the next week due to the country's violence and political turmoil.
Restaurants like Pizza Hut, Taco Bell, and BJ's Restaurant & Brewhouse are offering deals and discounts on Pi Day, March 14, including free pizzas and discounted prices on various menu items.
Car insurance rates in the US have increased by nearly 21% in the past year, the largest increase in almost 50 years, significantly impacting many Americans.
Thousands of Insignia Air Fryers and Air Fryer Ovens sold at Best Buy are being recalled due to fire and burn hazards.
Paramount Sells Part of Viacom18 Stake to Reliance for $517M, Retreats from Challenging India Market
Paramount Global is selling its 13% stake in Viacom18 to Reliance Industries for over $500 million, as part of its ongoing efforts to improve its financials and delever its balance sheet in the streaming space.
US stocks slid following the release of higher-than-expected wholesale inflation data, raising questions about the Federal Reserve's potential interest rate cuts.
Tesla is currently the worst-performing stock in the S&P 500, with analysts predicting a decline in growth and further decrease in its stock value due to increasing competition and slowing demand for electric vehicles.
The EV boom may be fading temporarily, but there is still reason for optimism due to upcoming models like Rivian's R3 and Telo's new plans.
Tesla CEO Elon Musk plans to bring production of the Tesla Semi, the company's electric semi truck, to Gigafactory Berlin, but volume production will likely start in the US first due to challenges and delays in the program.
Under Armour founder Kevin Plank will replace Patrik Frisk as CEO, effective April 1, making Plank the fourth CEO in four years for the struggling sportswear company.
Altria Group, the parent company of Marlboro cigarettes, is selling over $2 billion worth of shares in Anheuser-Busch InBev, leading to a decline in AB InBev stock price. AB InBev also plans to buy back $200 million worth of these shares.
El Niño is expected to dissipate soon as sea-surface temperatures in the central Pacific continue to cool, with a high likelihood of transitioning into a La Niña phase by summer, potentially fueling an active Atlantic hurricane season.
A recent study found that 11 percent of 12th graders in the United States have used delta-8-tetrahydrocannabinol (delta-8), the first nationally documented instance of teenage usage of the drug, with 90 percent of those users also reporting marijuana usage.
Nvidia's 2024 GTC conference will showcase new tech such as the RTX 50-series "Blackwell" GB203 and GB205 GPUs, while Webush analysts raised their price target on Nvidia's stock from $850 to $1,000 per share.
A U.K. judge has ruled that Craig Wright is not Satoshi Nakamoto and did not create Bitcoin, in a case brought against him by the Crypto Open Patent Alliance (COPA).
Former Treasury Secretary Steven Mnuchin is forming a group of U.S. investors to purchase TikTok, stating that it is a valuable business that should be owned by American companies.
Former US Treasury Secretary Steven Mnuchin is reportedly considering a purchase of TikTok from its Chinese parent company, ByteDance, in order to ensure its ownership by a US business and address concerns over Chinese government influence.
