NEW YORK — Target will stop selling its entire assortment of cereal with certified synthetic colors by the end of May. The move, announced Friday, underscores the acknowledgment…
Read more Target to stop selling cereals with certified synthetic colors by end of MayHome Depot’s fourth-quarter was muted by ongoing caution from American consumers in a weak housing market, but the home improvement retailer topped Wall Street expectations. The Atlanta company…
Read more Home Depot tops expectations in the fourth quarter, but customers pull back on spendingNEW YORK — Despite encouraging box office figures for the season’s first half, the financially strapped Metropolitan Opera scaled back its 2026-27 schedule with its fewest productions in…
Read more Met Opera’s 2026-27 season has 17 productions, its fewest in at least 60 yearsWendy’s is closing several hundred U.S. restaurants and increasing its focus on value after a weaker-than-expected fourth quarter. The Dublin, Ohio-based company said Friday that its global same-store…
Read more Wendy’s closes US restaurants and focuses on value to turn around falling salesMcDonald’s focus on value is paying off. The fast food giant said Wednesday that its global same-store sales — or sales at locations open at least a year…
Read more McDonald’s says focus on value is bringing back customersPizza Hut plans to close 250 U.S. restaurants in the first half of this year as its parent company considers a sale of the chain. Yum Brands said…
Read more Pizza Hut closing 250 US stores as parent company considers selling the brandNAIROBI, Kenya — Kenya plans to roll out new tax incentives to speed up adoption of electric vehicles, betting that lower costs for vehicle parts and charging stations…
Read more Kenya unveils tax breaks for EV parts and charging stationsNEW YORK — Shoppers increased their spending in November from October as holiday shopping kicked into full gear. Retail sales rose a better-than-expected 0.6% in November, following a…
Read more Retail sales rose a better-than-expected 0.6% in NovemberNEW YORK — Consumers stepped up their spending, particularly on items like gadgets and clothing, for the first seven weeks of the holiday shopping period. But the pace…
Read more Visa: Sales are up 4.2% for first 7 weeks of the holiday period; pace lags last yearChina Vanke’s 000002 -5.60%decrease; red down pointing triangle proposal to delay repayment of an onshore bond led to trading halts in three other local notes and triggered a…
Read more Vanke’s Bid to Delay Bond Payment Sparks Selloff in Chinese DevelopersThe U.K. government’s treasury chief said measures outlined in her latest budget aim to halt a rise in debt while helping to cool inflation. Speaking to lawmakers, Rachel…
Read more U.K. Treasury Chief Says Budget Measures Will Tackle Debt, InflationGermany’s largest arms manufacturer, Rheinmetall RHM -3.85%decrease; red down pointing triangle, expects its sales will be five times as much as they were last year by the end…
Read more Rheinmetall Turns to Former Auto Workers to Fuel Hiring SpreeUkraine agreed to buy 100 Rafale fighter jets as part of a larger military equipment deal that triggered a jump in the share price of the French aerospace…
Read more Dassault Aviation Rises After Ukraine Agrees to Buy 100 Rafale Fighter JetsSHANGHAI—Signs of weakness in China’s economy stretched into October, with one measure of investment notching the sharpest slowdown in years. The numbers Momentum in retail sales and industrial…
Read more China Registers Worst Investment Decline in Years as Slowdown ContinuesArnold Toynbee’s “Cities on the Move” (1970) documents the history of big cities around the world becoming impoverished and insolvent—some never to recover. Many of the patterns he…
Read more Opinion | Escape From Zohran Mamdani’s New YorkTwo years on, Israel’s war in Gaza might be finally drawing to a close. The conflict built an unprecedented arms pipeline from the U.S. to Israel that continues…
Read more The Gaza War Has Been Big Business for U.S. CompaniesRetail sales in the eurozone unexpectedly inched lower in September, contrasting with some of the rosier sentiment among consumers in recent months. Volumes fell back 0.1%, the same…
Read more Eurozone Retail Sales Edge Lower Despite Improving SentimentMcDonald’s sales got a lift from Snack Wraps and other value-oriented products in the third quarter. But McDonald’s Chairman and CEO Chris Kempczinski warned Wednesday that consumers in…
Read more McDonald’s boosts 3Q sales by emphasizing value, warns customers remain pressuredShortly before President Trump met Chinese leader Xi Jinping in South Korea, an urgent issue emerged. Trump wanted to discuss a request by Nvidia Chief Executive Jensen Huang…
Read more Exclusive | Trump Officials Torpedoed Nvidia’s Push to Export AI Chips to ChinaWhy investors are no longer rewarding earnings beats, according to Goldman Sachs Source link
Read more Why investors are no longer rewarding earnings beats, according to Goldman Sachs