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Under Armour is laying off workers as retailer says North America sales will plunge this year
Under Armour announced a broad restructuring plan on Thursday as it said sales in its largest market, North America, plunged 10%...
Read moreRent up, groceries down: Inflation cooled slightly in April, but consumers still face a mixed bag
The consumer price index, the most-watched inflation measurement put out by the U.S. government, declined slightly to 3.4% on a...
Read moreTesla’s Chinese rival Nio launches a new brand and car that undercuts the Model Y by $4,000
Chinese electric car company Nio revealed Wednesday that the first car for its new, lower-priced brand, Onvo, will be about $4,000 cheaper...
Read moreMcDonald’s $5 value meal is coming in June — and staying for just a month
McDonald’s is set to offer a $5 value meal in the U.S., but only for a limited time. The promotion will...
Read moreNetflix ad-supported tier has 40 million monthly users, nearly double previous count
Netflix’s cheaper, ad-supported tier has amassed 40 million global monthly active users, the company said Wednesday. That’s nearly double the...
Read moreWalmart says more diners are buying its groceries as fast food gets pricey
Forget the drive-thru. Walmart wants diners to find a value meal in its grocery aisles. As fast food gets pricier, the nation’s...
Read moreUnited Airlines says FAA cleared it to start adding new aircraft, routes after safety review
United Airlines said the Federal Aviation Administration has cleared it to start adding new aircraft and routes months after the regulator...
Read moreWalmart is laying off and relocating hundreds of corporate workers
Walmart is laying off hundreds of corporate workers across the country as it relocates many employees to its Arkansas headquarters. The...
Read moreMeme stock mania is back: Why everyone is talking about GameStop, AMC and more again
Meme stocks are back. One day after an account associated with the phenomenon posted for the first time in years...
Read moreNetflix inks deal to stream its first NFL games on Christmas Day
Netflix will stream its first NFL games on Christmas Day. The streaming giant announced Wednesday that it will feature both...
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Spirit Airlines, fresh from bankruptcy, is ready to take on the new Southwest, CEO says
Spirit Airlines is out of bankruptcy, hitting its target to emerge in the first quarter, after a crippling few years. CEO Ted...
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Donatella Versace steps down as head of Italian fashion house
Donatella Versace announced Thursday that she is stepping down as chief creative officer of Versace, ending her nearly 30-year-long stint at...
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Dollar General CEO warns consumers are cash-strapped and says 2025 won’t be better
Dollar General CEO Todd Vasos said on Thursday that inflation continues to hurt the discounter’s customers and that the macroeconomic environment...
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Chuck Schumer will vote to keep government open: ‘For Donald Trump, a shutdown would be a gift’
Senate Minority Leader Chuck Schumer, D-N.Y., says he will vote to keep the government open, warning that a shutdown has...
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