Bank of America downgrades Dick’s Sporting Goods after worst day on record
The firm cited headwinds and margin pressure ahead for the athletic retail company, on the back of its latest quarterly results. [...]
Starbucks adds third pumpkin drink to fall menu as chain celebrates 20 years of the pumpkin spice latte
This fall marks the 20th anniversary of the coffee chain's iconic pumpkin spice latte. [...]
Here are 6 stocks dominating the AI trade and 3 more that stand to benefit down the road
We surveyed the current artificial intelligence landscape — and with the help of a Goldman Sachs note, explored the AI trade after the trade. [...]
UPS workers approve massive new labor deal with big raises
The agreement is the largest collective bargaining agreement at a private-sector employer based on number of workers. [...]
Recalled baby products sold on Facebook draw the ire of powerful committee in Congress
The House Energy and Commerce Committee sent letters to over a dozen online retailers for details on compliance with consumer product safety standards [...]
Macy’s to open four more smaller stores, as strip mall experiment shows early signs of success
Macy's CEO Jeff Gennette said the smaller strip mall stores showed year-over-year growth, as the company's earnings report sent its stock tumbling. [...]
This industrial gets an upgrade but is ‘not managed the way I like,’ Jim Cramer says
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Macy’s shares slide as retailer says consumers will be cautious the rest of the year
Macy's topped adjusted earnings and sales estimates, but said revenue fell year over year and reiterated a cautious forecast. [...]
Dick’s shares fall 24% as retailer slashes outlook over theft concerns
Dick's Sporting Goods says it's grappling with an uptick in retail theft that contributed to a 23% drop in profits, prompting it to slash its full yea [...]
Recalled products linked to more than 100 infant deaths still for sale on Facebook, lawmakers say
Recalled baby products linked to more than 100 infant deaths, including Boppy pillows, are still being sold on Facebook Marketplace, lawmakers said. [...]