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Breaking News: Business

Costco (COST) earnings Q1 2025 earnings

by Tudur Aled
Costco (COST) earnings Q1 2025 earnings

A Costco Wholesale store in Connecticut. Lindsey Nicholsonp | Getty Images Costco on Thursday beat Wall Street’s quarterly earnings and sales estimates, as it got a boost in part from …

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FTC lawsuit says liquor distributor Southern Glazer’s favored Costco, Kroger

by Joseph Addison
FTC lawsuit says liquor distributor Southern Glazer’s favored Costco, Kroger

The Federal Trade Commission in a new lawsuit accuses the largest U.S. distributor of wine and spirits of illegal price discrimination that gave large chains — among them Costco, Kroger …

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Federal Aviation Administration head Michael Whitaker to step down

by Tudur Aled
Federal Aviation Administration head Michael Whitaker to step down

Federal Aviation Administration Administrator Mike Whitaker listens to a question during a news conference on the FAA’s work to hold Boeing accountable for safety and production quality issues, at the …

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WBD announces restructuring into linear, streaming units

by Tudur Aled
WBD announces restructuring into linear, streaming units

President and CEO of Warner Bros. Discovery, David Zaslav arrives for the world premiere of “The Flash” at Ovation Hollywood in Hollywood, California, on June 12, 2023. Michael Tran | …

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Gen Z shopping at malls rather than online

by Joseph Addison
Gen Z shopping at malls rather than online

Lindsey Hyams, 23, of Marlboro, NJ, likes to shop online, but she often ends up going to the mall to make purchases. She said she likes to skip the wait …

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Whoopi Goldberg’s All Women’s Sports Network aims to raise awareness

by Tudur Aled
Whoopi Goldberg’s All Women’s Sports Network aims to raise awareness

Hollywood icon Whoopi Goldberg hopes her newly launched All Women’s Sports Network will bring more attention to women’s sports. Goldberg started the network with George Chung, co-founder of international media …

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SpaceX valuation surges to $350 billion as company buys back stock

by Tudur Aled
SpaceX valuation surges to 0 billion as company buys back stock

SpaceX’s next-generation Starship spacecraft atop its powerful Super Heavy rocket is launched on its sixth test at the company’s Boca Chica launch pad in Brownsville, Texas, on Nov. 19, 2024. …

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Nike renews its contract with the NFL until 2038

by Tudur Aled
Nike renews its contract with the NFL until 2038

Nike football shoes are seen in a store in Krakow, Poland on August 29, 2024. Jakub Porzycki | Nurphoto | Getty Images Nike has renewed its partnership with the National …

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Buoyed by Trump, U.S. dealers optimistic on everything except EV sales

by Juhani Aho
Buoyed by Trump, U.S. dealers optimistic on everything except EV sales

Alex Tovstanovsky, owner of used-car dealer Prestige Motor Works, checks on inventory with his general manager Ryan Caton in Naperville, Illinois, May 28, 2020. Nick Carey | Reuters DETROIT — …

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Albertsons sues Kroger after judge rules against grocery merger

by Tudur Aled
Albertsons sues Kroger after judge rules against grocery merger

Traders work as screens display the trading information for Kroger Co. and Albertsons Companies Inc. on the floor of the New York Stock Exchange, Oct. 14, 2022. Brendan McDermid | …

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