Brown-Forman shares plummet as whiskey maker warns of tariff uncertainty
Bottles of the American whiskey Jack Daniel's are offered for sale in a liquor store on November 27, 2023 in...
Business
Wealthy inheritors plan to fire their parents' wealth advisors
Wide shot of friends and family enjoying dinner and sunset during destination wedding reception at luxury villa in MoroccoThomas Barwick...
Family office deals slow in May with bets on nuclear batteries and AI testers
Key PointsNuclear energy startups are gaining steam with private investment firms of the ultra-rich. Billionaire Barry Sternlicht's family office invested...
Nationwide coordinated retail crime crackdown results in hundreds of arrests, authorities say
A nationwide coordinated crackdown on retail crime — what authorities are calling the first of its kind — led to...
Dollar General is shaking off tariff fears and winning over higher-income consumers
Shares of Dollar General jumped nearly 16% on Tuesday after the discounter raised its outlook, saying it drew more middle-...
Hims & Hers to acquire European telehealth platform in global expansion
The Hims logo arranged on a smartphone in New York on Feb. 12, 2025.Bloomberg | Bloomberg | Getty ImagesHims &...
McDonald's is bringing back the snack wrap to U.S. restaurants next month
McDonald's Snack Wrap.Courtesy: McDonald'sMcDonald's snack wraps will return to U.S. restaurants next month as the fast-food giant looks to boost...
Ford reports 16% sales increase in May amid employee pricing, tariffs
DETROIT — Ford Motor on Tuesday reported a 16.3% year-over-year U.S. sales increase for May, as the automaker continues an...
Peloton launching resale market for used bikes, treadmills
A Peloton bike is displayed at a Dick's Sporting Goods store on May 08, 2024 in Daly City, California. Justin Sullivan...
Alaska Airlines to make Europe debut with Rome flights next year
An Alaska Airlines plane and a Hawaiian Airlines plane at Los Angeles International Airport in Los Angeles on Dec. 5,...
Private equity firm Roark Capital invests in fast-growing restaurant chain Dave's Hot Chicken
Private equity firm Roark Capital has bought a majority stake in Dave's Hot Chicken, the company announced on Monday.Financial terms...
Byron Allen puts broadcast TV stations up for sale
Byron Allen, founder, chairman and CEO of Allen Media Group, speaks during the Milken Institute Global Conference in Beverly Hills,...
SailGP launches sports betting with DraftKings and Bet365
Ticket holders on Governors Island, New York gather to watch SailGP races, Season 4, New York, Sunday 23rd June 2024.Katelyn...
Safer to stay home? European firms rethink travel policy over U.S. border control concerns
U.S. Customs and Border Protection in Newark Liberty International Airport.Nicolas Economou/NurPhoto via Getty ImagesSome European companies are growing wary about...
Here are the retailers raising prices as Trump tariffs take hold
A person picks out clothing in a store as retailers compete to attract shoppers and try to maintain margins on...
Caviar and privacy: Airlines' business-class wars are here
American Airlines new business-class suite.American AirlinesDALLAS — Armed with dollops of caviar and handfuls of Bang & Olufsen headphones, U.S....
Summer rentals in the Hamptons are down 30%
Key PointsSummer rentals in the Hamptons are down 30% from the same period in previous years, according to Judi Desiderio...
Costco tops earnings and revenue estimates as sales jump 8%, shares still dip
The sign on the side of a Costco is seen in Hawthorne, California, on April 4, 2025.Jay L Clendenin |...
American Eagle issues downbeat quarterly guidance as earnings miss expectations
American Eagle Outfitters reported quarterly earnings on Thursday that missed expectations, reflecting a $75 million write-down in spring and summer...
Gap shares plummet as retailer says tariffs could cost between $100 and $150 million
People walk past the entrance of a Gap store in Paris, France, July 1, 2021. Sarah Meyssonnier | ReutersGap said...
