Paramount Global told its employees this week that it’s ending numerous diversity, equity and inclusion policies, according to a memo obtained by CNBC.…
Investing
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Electric vehicle maker Lucid Group on Tuesday said CEO Peter Rawlinson is stepping down as the company expects to more than double vehicle production…
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Investing
Musk loses more than $100B as Tesla gives up trillion-dollar company status amid sell-off
by adminElon Musk’s status as the world’s wealthiest person is in no danger of changing. But since mid-December, the tech titan’s net worth…
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McDonald’s is leaning into its reputation as a breakfast value offering, vowing to reject a surcharge on meals with eggs while announcing…
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Investing
Home Depot earnings beat Wall Street estimates as retailer breaks comparable sales losing streak
by adminHome Depot on Tuesday topped Wall Street’s quarterly sales expectations, even as elevated interest rates and housing prices dampened consumer demand for large remodels and…
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Nvidia is scheduled to report fourth-quarter financial results on Wednesday after the bell. It’s expected to put the finishing touches on one of…
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Investing
JPMorgan Chase CEO Jamie Dimon says DOGE ‘needs to be done’ to fix government inefficiency
by adminJPMorgan Chase CEO Jamie Dimon on Monday said the U.S. government is inefficient and in need of work as the Trump administration terminates thousands of federal employees…
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Investing
How digitally native companies like Rothy’s are growing profitably in a new era for retail
by adminDirect-to-consumer footwear brand Rothy’s just recorded its best year on record after the company appointed retail veteran Jenny Ming, one of the co-founders…
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Investing
Denny’s says some locations will start charging extra for eggs amid nationwide shortage
by adminDenny’s is the latest nationwide restaurant chain to announce surcharges for meals that include eggs in response to a nationwide shortage that…
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Investing
Joann to shutter all 800 fabric stores after failing to find a buyer to save its locations
by adminFabrics outlet Joann will shutter all of its approximately 800 locations after failing to find a buyer who would keep its stores…