Liza Lecher works out on her Peloton Tread+ treadmill on May 24, 2021 in Williamstown, New Jersey. Michael Loccisano | Getty Images Peloton agreed to extend a refund period for its recalled Tread+ for...
Tag: Business
Semafor debuts in tough media environment
Ben Smith, left, and Justin Smith Source: Semafor Semafor, a new digital media company with a focus on global news for college-educated readers, debuted Tuesday with intentions to bring transparency a...
Target to sell Caraway cookware in stores
Some of Caraway’s pots and pans are now sold by Target stores. About 350 of the big-box retailer’s locations are carrying the products in time for the holidays. Courtesy of Caraway Online ...
Retirement can mean a loss of identity — how to bring happiness to your next act
For many people transitioning into retirement, the famous lines from the start of “A Chorus Line” resonate: “Who am I anyway? Am I my résumé? That is a picture of a person I don’t know!” Struggling wi...
Dan Loeb’s Third Point builds stake in Colgate, sees value in pet food business in potential spinoff
Daniel Loeb Simon Dawson | Bloomberg | Getty Images Dan Loeb’s Third Point has built a sizeable stake in consumer giant Colgate-Palmolive, according to CNBC’s David Faber. Loeb sees hidden...
Creating A Better Franchisor/Franchisee Relationship
Franchising is a proven way to grow a business and get it off the ground. However, many entrepreneurs don’t realize that the relationship between franchisor and franchisee is just as important a...
Johnson & Johnson, Goldman Sachs, fuboTV and more
Here are the companies making headlines before the bell: Johnson & Johnson (JNJ) – Johnson & Johnson shares rose 1.4% in the premarket after beating top and bottom line estimates for the third...
3 reasons why selling the JPY at current levels is risky business
The Japanese Yen (JPY) tumbled in 2022. After breaking above 116, a level that offered stiff resistance, the USD/JPY exchange rate did not look back anymore and now threatens to move above 150. In oth...
GM’s Cadillac Celestiq EV costs $300,000 and is customizable
2024 Cadillac Celestiq Cadillac DETROIT – Cadillac is testing the limits of its brand allure and pricing power with the 2024 Celestiq – a large, bespoke electric car that will start at more than $300,...
Jim Cramer says to buy Wells Fargo stock to capitalize on the Fed’s rate hikes
CNBC’s Jim Cramer on Monday advised investors to add Wells Fargo to their shopping lists. “Wells Fargo has now taken the lead as the best net interest margin play in the group, and their m...
Wait for Texas Roadhouse to come down
Warner Bros Discovery Inc: “I can’t. I like profitable companies with good balance sheets. That is the definition of not that.” Veru Inc: “A lot of people bet against it, so it...
Jim Cramer says bank stocks could be the new market leaders
CNBC’s Jim Cramer on Monday said that financial stocks are replacing tech names as the new market leaders. “I always thought the group had the potential to become a leader again, but the b...
Kanye West agrees to buy Parler, company says
Kanye West arrives at the Vanity Fair Oscar Party on Feb. 9, 2020, in Beverly Hills, Calif. Evan Agostini | Invision | AP Kanye West, the superstar rapper who has made several inflammatory and antisem...
White House Covid czar calls on seniors to get omicron booster now
White House COVID-19 response coordinator Ashish Jha addresses the daily press briefing at the White House in Washington, U.S. July 25, 2022. Jonathan Ernst | Reuters A top White House health official...
American Airlines pilot union prepares to seek federal mediation in contract talks
American Airlines jet parked at LaGuardia International Airport in New York. Adam Jeffery | CNBC American Airlines‘ pilot union is taking steps toward seeking federal mediation in contract nego...
XPO Logistics (XPO) releases preliminary 3Q results
The XPO Logistics Inc. logo on a truck departing the company’s distribution hub in Barcelona, Spain, on Thursday, May 12, 2022. Angel Garcia | Bloomberg | Getty Images Trucking company XPO Logis...
WWE stock hits 52-week high in Vince McMahon scandal aftermath
Vince McMahon attends a press conference to announce that WWE Wrestlemania 29 will be held at MetLife Stadium in 2013 at MetLife Stadium on February 16, 2012 in East Rutherford, New Jersey. Michael N....
Binance to Launch Cloud Mining Business in November
The move opens a front of competition with Jihan Wu’s Bitdeer, a cloud mining operator that also launched a $250 million fund to buy distressed assets in late September. Wu is the ousted co-foun...
Stellantis debuts electric Jeep, pledges new energy target
The Stellantis CEO Carlos Tavares photographed next to a Jeep Avenger at the Paris Motor Show on October 17, 2022. Nathan Laine | Bloomberg | Getty Images The CEO of Stellantis told CNBC Monday that t...
Roblox, Continental Resources, Fox Corp and more
Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making the biggest moves midday: Roblox — Roblox shares shot up 21% after the online gaming company reported metrics ...
Alibaba and Other China Stocks Jump as President Xi Reassures on Tech
Shares in U.S.-listed Chinese companies were moving higher Monday as investors smiled on comments from a high-profile speech by President Xi Jinping that was supportive of the country’s technology sec...
The top 25 market events of the last 25 years
On an October morning 25 years ago, MarketWatch started providing real-time news and market data to the general public on the internet. Individuals were fleeing their stockbrokers for new online platf...
Kroger-Albertsons Merger Would Create a Big Player in Retail Advertising
The proposed merger of Kroger Co. and Albertsons Cos. would reshape the U.S. supermarket industry by combining its two largest operators. It also would create a big player in so-called retail media, o...
Neiman Marcus’ Cultural Transformation Proves Luxury Is A Relationship Business
“NMG is a relationship business,” said Geoffroy van Raemdonck, Neiman Marcus Group CEO. Photo credit Jesse Crimes, courtesy of Neiman Marcus Group Everyone in retail has heard the apocryphal story abo...
These 11 stocks can lead your portfolio’s rebound after the S&P 500 ‘earnings recession’ and a market bottom next year
This may surprise you: Wall Street analysts expect earnings for the S&P 500 to increase 8% during 2023, despite all the buzz about a possible recession as the Federal Reserve tightens monetary pol...