Best Buy posts mixed 1Q results but gadget slump will bottom out as shoppers replace their devices.
Best Buy turned in a first-quarter profit that beat Wall Street expectations, while the nation’s largest consumer electronics chain continued to wrestle with weak consumer demand for gadgets
1970-01-01 08:00
Twitter's launch of DeSantis' presidential bid underscores platform's rightward shift under Musk
While shaky and skewered by critics, Twitter’s forum for Florida Gov. Ron DeSantis to announce his presidential run nevertheless underscored the platform’s unmistakable shift to the right under new owner Elon Musk
1970-01-01 08:00
Companies are finding it's not so simple to leave Russia. Some are quietly staying put
When Russia invaded Ukraine, companies were quick to respond, some announcing they would get out of Russia immediately
1970-01-01 08:00
Nvidia stuns markets and signals how artificial intelligence will reshape technology sector
Shares of Nvidia, already one of the world’s most valuable companies, are skyrocketing after the chipmaker forecast a huge jump in revenue, signaling how vastly the broadening use of artificial intelligence could reshape the tech sector
1970-01-01 08:00
Supreme Court limits federal power over wetlands, boosts property rights over clean water
The Supreme Court has made it harder for the federal government to police water pollution
1970-01-01 08:00
Office landlords squeezed by falling occupancy rates, refinancing difficulties. Here's why
The failure of several large lenders earlier this year and the banking turmoil that followed have fueled worries for owners of office space
1970-01-01 08:00
One of Britain's Only Female Bank Bosses Is Stepping Down
Starling Bank founder Anne Boden is stepping aside as chief executive officer, saying the move is to avoid
1970-01-01 08:00
How the end of the COVID health emergency affects your Medicare
The COVID-19 public health emergency that started in January 2020 ended on May 11, 2023
1970-01-01 08:00
Companies are finding it's not so simple to leave Russia. Others are quietly staying put
When Russia invaded Ukraine, companies were quick to respond, some announcing they would get out of Russia immediately
1970-01-01 08:00
Best Buy reports declines in 1Q profits and sales as gadget spending remains weak
Best Buy reported declines in fiscal first-quarter sales and profits as the nation’s largest consumer electronics chain continues to wrestle with a consumer spending slowdown in gadgets
1970-01-01 08:00
More Americans apply for jobless benefits but labor market remains tight
U.S. applications for jobless claims rose slightly last week but remain at healthy levels as companies seem reticent to let go of employees in a tight labor market
1970-01-01 08:00
US economic growth for last quarter is revised up to a still-tepid 1.3% annual rate
The U.S. economy grew at a lackluster 1.3% annual rate from January through March as businesses wary of an economic slowdown trimmed their inventories, the government said Thursday, a slight upgrade from its initial estimate
1970-01-01 08:00