Lululemon cuts annual outlook and issues rough Q2 guidance, citing undisclosed 'headwinds'
Lululemon's troubles are far from over. The athletic apparel retailer lowered its full-year guidance and issued a weak current quarter outlook...
Business
Trump's 'big beautiful bill' has a 'double taxation' trap for top earners, tax experts say
Late evening view of US Capitol building in Washington DC, USARichard Sharrocks | Moment | Getty ImagesA version of this...
Soaring stocks created 2 million new millionaires around the world last year
Aerial view of yachts moored in the Port Vell marina of Barcelona, SpainBusà Photography | Moment | Getty ImagesA version...
Macy's posts strongest Q1 growth in four years, raises guidance despite consumer worries
Macy's posted its strongest fiscal first-quarter comparable sales performance in four years on Wednesday, as the legacy department store's turnaround...
As Honeywell Aerospace readies for its standalone debut, its CEO is forecasting big growth
SCOTTSDALE, ARIZONA — For Honeywell Aerospace CEO Jim Currier, it's time to show investors what his company can do as...
CBS fires veteran correspondent Scott Pelley amid turmoil over direction of '60 Minutes'
CBS News has fired high-profile "60 Minutes" correspondent Scott Pelley amid debate about the direction of the show, which has...
Stocks making the biggest moves premarket: Blackstone, Marvell Technology, Palo Alto Networks & more
Check out the companies making the biggest moves premarket: Private equity firms — The group fell after Bloomberg News reported...
U.S. proposes fresh tariffs on 60 economies over forced labor trade practices
People watch as the Doris Ocean container ship departs from the Port of Los Angeles on May 28, 2026 in...
Ulta shares pop as beauty retailer beats Wall Street expectations and hikes earnings outlook
An Ulta Beauty store in Colma, California, US, on Wednesday, Dec. 3, 2025. David Paul Morris | Bloomberg | Getty...
Audemars Piguet's watch prices remain stable after controversial Swatch collab
The Royal Pop watches from Audemars Piguet and Swatch. Courtesy: SwatchWhen the famed luxury watch brand Audemars Piguet announced a...
Victoria Secret shares spike 40% after big earnings beat, raised sales outlook
Shoppers may be feeling gloomy about high prices at the pump, but they're still shelling out for new bras and...
Retail had a 'surprisingly robust' first quarter, but the real test is ahead as tax refunds dry up
The retail industry emerged from a choppy first quarter relatively unscathed, but higher than usual tax refunds and an uptick...
Stocks making the biggest moves midday: MGM Resorts, Zoom Communications, Nvidia, Viasat, IBM & more
These are the stocks posting the largest moves midday. Source link
McDonald's unveils new global growth strategy to win over diners as competition rises
People walk by a McDonald's restaurant on March 11, 2026 in Las Vegas, Nevada. Kevin Carter | Getty ImagesMcDonald's on...
UAW union strike threatens General Motors truck production
Members of the United Auto Workers rally for better wages as contract negotiations begin with Dauch Corp. in Three Rivers,...
Barry Diller's People offers to buy casino giant MGM Resorts for $48.30 per share
Barry Diller's People Inc. has offered to buy casino giant MGM Resorts for $48.30 per share in cash. MGM is...
AI revolution is '50x bigger' than the dotcom boom: SoftBank's Masayoshi Son to CNBC
The AI revolution is 50 times bigger than the dotcom revolution in the 2000s, SoftBank CEO Masayoshi Son told CNBC...
Berkshire Hathaway to buy Taylor Morrison for $8.5 billion in housing push
A Berkshire Hathaway HomeServices real estate office in San Francisco, California, U.S.Bloomberg | Bloomberg | Getty ImagesBerkshire Hathaway has agreed...
Disney is poised to ramp its already booming advertising business. Rita Ferro is behind the push
Rita Ferro at Disney Upfront 2026.Courtesy: Disney Co.As Rita Ferro, Disney president of global advertising, prepared to take the stage...
Investors and labels are buying into the growing South Asian music business in the U.S.
When music executive Anjula Acharia began launching superstar actress Priyanka Chopra Jonas into Hollywood in the early 2000s, her label...
