admin
Media

New Starbucks CEO to commute from California home to Seattle HQ

Starbucks is allowing its incoming CEO Brian Niccol to commute to work from his Southern California home — and he will have the

Read More
Media

Red Lobster buyer taps former PF Chang’s chief as CEO

The group seeking court approval to purchase Red Lobster has selected former P.F. Chang’s CEO Damola Adamolekun to run the faltering seafood chain

Read More
Media

Nvidia sales likely doubled, but it may not impress investors

Nvidia is likely to report on Wednesday that its second-quarter revenue more than doubled. But investors used to its blockbuster results will be

Read More
Media

Kroger-Albertsons merger heads to trial

The Federal Trade Commission (FTC) on Monday kicked off a trial amid its push to block Kroger’s $25 billion merger with Albertsons by

Read More
Media

Fed delivers, stocks jump, Walmart, Target price wars

Federal Reserve Chair Jerome Powell didn’t disappoint… Wall Street loved it.  Vice President Kamala Harris formally accepted the nomination for president at the

Read More
Media

Peloton to charge sizable ‘activation fee’ for used equipment purchases

Consumers in the United States and Canada who buy used Peloton exercise machines will face a “used equipment activation fee.” The fitness company,

Read More
Media

Peloton sales rise in latest quarter, but will the turnaround plan continue?

High-end fitness company Peloton seems to be making progress with its turnaround plan, as it reported its first sales increase in nine quarters

Read More
Media

Walmart and Burger King partnering for exclusive deals

Walmart is rolling out Burger King deals as a new perk for its Walmart+ paid membership. The new dining benefit, available through a

Read More
Media

BlackRock’s support of ESG resolutions falls to record low

BlackRock, the world’s largest asset manager, appears to be backing further away from the environmental, social and governance (ESG) moment. The investment giant

Read More
Media

Ford cancels plans for electric three-row SUV

Ford is backing away from its planned all-electric three-row SUV. The automaker said Wednesday that it will not produce the vehicle, and instead

Read More
This material is for informational purposes is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The opinions expressed are as of date of publication and are subject to change. Reliance upon information in this material is at the sole discretion of the reader. Past performance is not indicative of current or future results. This information provided is neither tax nor legal advice and investors should consult with their own advisors before making investment decisions. Investment involves risk including possible loss of principal.