Business
Found 606 articles
Dick's Sporting Goods trims outlook as Foot Locker sales slump
A 3.6% decline in comparable sales at Foot Locker has forced Dick's Sporting Goods to dial back its annual financial projections. While the retailer’s core business remains resilient, the company now anticipates a tougher path forward, lowering its annual net sales outlook to a range of $21.9 billion to $22.2 billion.
Lego Hits Record Revenue as Strategic Diversification Pays Off
Lego reported a 21% revenue surge to 41.9 billion Danish kroner—roughly $6.54 billion—during the first half of the year. The toy giant’s record-breaking performance, bolstered by an aggressive expansion into sports partnerships and digital integration, proves that demand remains resilient across both budget-friendly sets and high-end collectible models.
Main Street Sports Sues Comcast and Charter Over Licensing Fees
Main Street Sports, the operator currently winding down its operations, has filed separate lawsuits against Comcast and Charter Communications in Delaware Superior Court. The company alleges the nation’s two largest pay-TV providers breached their contracts by underpaying licensing fees for NBA and NHL game broadcasts earlier this year.
David Ellison faces antitrust blockade in $110 billion WBD acquisition
Goldman Sachs partner warns of cognitive atrophy from AI reliance
Rob Bonta Scraps Paramount Merger Talks Over Leaked Negotiations
UPS Commits $2 Billion to Reshape Global Logistics Networks
Media merger chill deepens as antitrust scrutiny freezes deal flow
United Airlines faces seat inventory crisis over delayed Boeing 737 Max 10
Wells Fargo and Citigroup Signal Potential M&A Spree
Scott Kirby’s decade of aggressive expansion at United Airlines
Coca-Cola Pivots to Automated Customization to Win Over Gen Z
Trump Recruits Former JPMorgan Executive Zames for SSA Overhaul
American Brands Face a Reckoning in the Chinese Market
The Uncertain Middle: Why Vaccine Hesitancy is Growing
New York Overtakes San Francisco as Tech Talent Hub
California AG Demands Structural Changes for Paramount Merger Settlement
Managing the Succession Crisis: Wealthy Families and Aging Parents
South Carolina Leads U.S. Commercial Real Estate Demand Forecasts
Walmart Earnings Test Consumer Resilience Amid Economic Cooling
Genesis Unveils GV90 Electric SUV to Challenge Luxury Market Leaders
Lowe's Trims Forecast as Consumer Spending Stalls
Target Faces Growth Test in Second-Quarter Earnings Report
Hims & Hers CEO Dismisses FTC Lawsuit as Regulatory Misunderstanding
ABC Sues FCC Over Alleged Political Retaliation
American Airlines Reverses Course on Seatback Screens
Brunswick pivots to AI navigation to rescue cooling boat demand
Home Depot beats earnings expectations despite housing market stall
Synchrony integrates OpenAI models into consumer commerce platforms
