With Donald Trump’s legal liabilities growing and a presidential campaign to run, losing control of his company couldn’t have come at a worse time. After a New York…
Read more Trump is backed further into a financial corner after losing control of his companyEtsy Inc., once known as a quirky marketplace for handmade, artisanal and vintage items, seems to be moving further away from its origins amid a much tougher e-commerce…
Read more Etsy drifts further away from its roots with first Super Bowl adTesco on Friday said it was selling the retailing banking business of Tesco Bank to Barclays for £600 million initially, and then another £100 million after the settlement…
Read more Barclays to buy retail banking arm of supermarket chain Tesco for £600 millionBy Joe Hoppe British American Tobacco said it swung to a pretax loss, driven by a previously reported write-down of its U.S. cigarette brands, but backed forecasts for…
Read more British American Tobacco Swings to Pretax Loss on U.S. Cigarette Write-Down — UpdateToy maker Mattel Inc. on Wednesday reported fourth-quarter results that missed expectations, with the company saying it plans to cut costs this year while continuing to buy back…
Read more Mattel announces cost cuts after fourth-quarter results miss expectationsWalt Disney Co.’s ESPN, Fox Corp. and Warner Bros. Discovery Inc. are teaming to create a joint sports streaming service. The as-yet unnamed service, which could be available…
Read more Disney, Fox and Warner Bros. team up to launch new sports streaming serviceSmall businesses in sectors like software and manufacturing are panicking over the expiration of a critical tax deduction that they say could lead to mass layoffs and business…
Read more Small businesses are paying 100%+ of profits to Uncle Sam after tax-law changeMcDonald’s Corp.’s stock fell 1.3% in premarket trading on Monday after the fast-food giant missed Wall Street analysts’ estimates for revenue and same-store sales, while citing an impact…
Read more McDonald’s misses revenue target as it cites impact from Middle East warAs the U.S. Federal Reserve’s three-year reign in the headlines potentially comes to an end, an analysis of this year’s market themes can offer valuable insights for predicting…
Read more How to navigate market risk from interest rates, the economy and politics in 2024Mark Zuckerberg delighted Meta shareholders and Wall Street this week with news of the social media giant’s first-ever dividend. The IRS may also be happy, now that it’s…
Read more Mark Zuckerberg could pay millions to the IRS on Meta dividends. He still might be getting ‘a major break’.There’s a common belief that “overbought” is a technical condition for a stock, but in practice it seems to be more of an ability. Meta Platforms Inc.’s stock…
Read more Meta’s stock is the most overbought in 11 years, but that could be a good thingFormer President Donald Trump on Friday criticized Federal Reserve Chair Jerome Powell and said he’s playing politics with interest-rate policy. “It looks to me like he’s trying to…
Read more Trump says Powell is being ‘political’ with interest ratesTesla Inc. will pay $1.5 million to settle a lawsuit filed earlier this week by 25 California counties accusing the electric-vehicle maker of mishandling hazardous waste. San Francisco…
Read more Tesla settles California hazardous-waste lawsuit for $1.5 millionInvestors bought up shares of Etsy Inc. on Thursday after the online crafts marketplace added to its board of directors a partner of hedge fund Elliott Investment Management…
Read more Etsy’s stock is having its best day in seven months after Elliott takes ‘sizable’ stakeBy Christian Moess Laursen Shell’s annual profits fell last year, although by less than the market had expected, as the European energy sector grapples with lower oil and…
Read more Shell Earnings Beat Forecasts on Strong Gas Trading; Launches $3.5 Bln Buyback — UpdateWalt Disney Co.’s lawsuit against Florida’s Republican Gov. Ron DeSantis and others, alleging they retaliated against the company for publicly criticizing a controversial parents-rights education law backed by…
Read more Judge dismisses Disney’s free-speech lawsuit against DeSantisGoogle parent Alphabet Inc.’s stock was tumbling late Tuesday, as a rebound in digital advertising fell short of analysts’ lofty expectations. The search-engine powerhouse reported a jump in…
Read more Alphabet’s stock dips because advertising was good, but not good enoughFlutter Entertainment, the parent company of FanDuel, started trading on the New York Stock Exchange for the first time Monday, as the company tries to narrow the valuation…
Read more As FanDuel parent Flutter starts trading on NYSE, CEO expects Super Bowl bets to ‘break records’By Anthony O. Goriainoff Ryanair Holdings said third-quarter adjusted profit after tax fell as higher fuel costs offset revenue gains, and narrowed its guidance for the year. The…
Read more Ryanair 3Q Rev EUR2.70BWith a rough 2023 in the rearview mirror, Levi Strauss & Co. this year is trying to tackle its problems with new pants. That includes pants with lighter-weight…
Read more Denim pioneer Levi’s is rolling out ‘tech pants’ and other new offerings this year. But will retailers stock them?
