Ulta Beauty on Thursday issued weak guidance for the year ahead as it navigates a series of internal missteps, rising competition and what it called “consumer uncertainty.” The retailer, which appointed Kecia Steelman as its new CEO in January, said…
Steel and aluminum are ubiquitous in Americans’ lives. A stainless steel refrigerator holds aluminum soda cans. A stainless steel drum tumbles inside an aluminum washing machine. They’re the metals used in cars and airplanes, phones and frying pans, skyscrapers and…
Roomba vacuum cleaner maker iRobot, a former $1.4 billion buyout target of Amazon, raised concerns on Wednesday about its ability to stay in business. Shares of the company fell more than 35%, extending a multi-year decline from its pandemic-era peak.…
Chinese officials gave Walmart a dressing-down this week and warned of legal consequences after the retailer reportedly pressured China-based suppliers to bear the cost of tariffs, according to a report. Authorities summoned Walmart executives to meet with them on Tuesday…
Apple is preparing a major overhaul of its software, due later this year, which will change the look of the operating systems and the interface of the iPhone, iPad and Mac, Bloomberg News reported Monday, citing people familiar with the effort.…
Delta Air Lines on Monday slashed its first-quarter profit estimates by half, sending its shares down 14%, and its CEO said the environment had weakened due to US economic uncertainty. The Atlanta-based airline is the first major US carrier to report that…
LOS ANGELES (AP) — A jury on Monday quickly and completely rejected a man’s claim that Disney’s “Moana” was stolen from his story of a young surfer in Hawaii. The Los Angeles federal jury deliberated for only about 2 ½…
WASHINGTON (AP) — U.S. employers added solid 151,000 jobs last month, but the outlook is cloudy as President Donald Trump threatens a trade war, purges the federal workforce and promises to deport millions of immigrants. The Labor Department reported Friday…
WASHINGTON (AP) — Marc Rosenberg, founder and CEO of The Edge Desk in Deerfield, Illinois is getting ready to introduce a fancy ergonomic chair designed to reduce customers’ back pain and boost their productivity. He figures the most expensive one…
Broadcom CEO Hock Tan. Lucas Jackson | Reuters Broadcom reported first-quarter earnings on Thursday that topped analysts’ expectations, and the chipmaker offered strong guidance for the current quarter. The stock jumped 16% in extended trading. Here’s how the company did…