2024-11-21

Target (TGT) Q3 2024 earnings

People are seen at the parking lot of a Target store in Selinsgrove.  Paul Weaver | Lightrocket | Getty Images Target on Wednesday missed Wall Street’s quarterly earnings and revenue expectations and posted only a slight uptick in customer traffic, despite the discounter’s price cuts on thousands of items and its early holiday sale.  The big-box retailer reversed course…

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2024-11-20

CVS, UnitedHealth, Cigna sue to block FTC case over insulin prices

CVS Pharmacy logo is seen in Washington DC, United States on July 9, 2024. Jakub Porzycki | Nurphoto | Getty Images CVS Health, UnitedHealth Group and Cigna sued the Federal Trade Commission on Tuesday, claiming that the agency’s case against drug supply chain middlemen over high insulin prices in the U.S. is unconstitutional.  The complaint, filed in the U.S….

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2024-11-20

Stellantis delays Ram electric pickup truck until 2025

Stellantis’ Ram 1500 Revolution battery-electric concept pickup truck is introduced during a keynote address by Stellantis CEO Carlos Tavaras during CES 2023 at The Venetian Resort Las Vegas on January 05, 2023 in Las Vegas, Nevada.  Ethan Miller | Getty Images DETROIT — Stellantis is delaying the launch of its Ram all-electric pickup truck from this year until the…

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2024-11-19

Super Micro hires new auditor to maintain Nasdaq listing; shares pop

Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, June 5, 2024. Annabelle Chih | Bloomberg | Getty Images Embattled server maker Super Micro Computer said on Monday that it’s hired BDO as its new auditor and submitted a plan to Nasdaq detailing its efforts to regain compliance with the exchange….

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2024-11-19

McDonald’s, Starbucks aim to improve

A McDonald’s restaurant in El Sobrante, California, on Oct. 23, 2024. David Paul Morris | Bloomberg | Getty Images After a tough year for the restaurant industry, executives can’t wait for 2025 to start. “I don’t know about you guys, but I’m ready for ’24 to be behind us, and I think ’25 is going to be a great…

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2024-11-15

Amazon Prime Video to stream Diamond regional sports networks

Sopa Images | Lightrocket | Getty Images Diamond Sports reached a deal with Amazon’s Prime Video that will allow its 16 regional sports networks to be made available on the streaming platform. As part of the deal, Diamond’s networks will be made available as an add-on subscription to Prime customers living within each team’s designated geographic area. Further details,…

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2024-10-25

Boeing machinists reject new labor contract, extending more than 5-week strike

Boeing workers from the International Association of Machinists and Aerospace Workers District 751 attend a rally at their union hall during an ongoing strike in Seattle, Washington, U.S. October 15, 2024.  David Ryder | Reuters Boeing machinists voted against a new labor deal that included 35% wage increases over four years, their union said Wednesday, extending a more than…

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2024-10-24

CDC notified about outbreak last week

A customer walks out of a McDonald’s restaurant in Omaha, Nebraska, on Oct. 23, 2024. Mario Tama | Getty Images The Centers for Disease Control and Prevention told McDonald’s late last week about a potential link to an E. coli outbreak, company spokespeople said Wednesday. At that time, the number of connected cases was smaller than it is now,…

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