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Historic retailer gets lifeline after warning it could collapse

Historic retailer gets lifeline after warning it could collapse

Once a destination for some of the world's most selective luxury shoppers, an iconic retailer is facing one of the biggest turning points in its nearly two-century history.Years of financial losses and mounting challenges have

Politics
Pandora opens unexpected box as silver price drops

Pandora opens unexpected box as silver price drops

Pandora (PNDORA) just told investors it will keep replacing silver in its jewelry, even though silver's price has fallen significantly from its record high.That decision surprised some market watchers. When the price of a material

Politics
Discontinued Costco member favorite returns to shelves

Discontinued Costco member favorite returns to shelves

There's a reason so many people liken shopping at Costco to going on a treasure hunt. When you roam the aisles, you never quite know what you're going to find.Costco's own executive team uses the

Politics
BofA sends warning on Target stock before earnings

BofA sends warning on Target stock before earnings

Target’s improving sales trends are giving investors more reason to believe the retailer’s turnaround is taking hold, but Bank of America still sees a difficult setup for the stock heading into second-quarter earnings.Target (TGT) is

Politics
Target makes big AI move that points to a new retail reality

Target makes big AI move that points to a new retail reality

Target (TGT) has spent the past year trying to convince shoppers and investors that its turnaround is real. On Tuesday, it made a move to prove it.The retailer named its first-ever chief artificial intelligence officer,

Politics
Wells Fargo sends strong signal on Dick’s Sporting Goods

Wells Fargo sends strong signal on Dick’s Sporting Goods

Dick's Sporting Goods stock (DKS) got a fresh vote of confidence from Wall Street this week, and the timing is unusual.The upgrade landed just two weeks before the company reports earnings that the same analyst

Politics
The eBay deal Ryan Cohen swore he wanted is falling apart

The eBay deal Ryan Cohen swore he wanted is falling apart

Is Ryan Cohen giving up on eBay? Not according to Bloomberg’s Monday, Aug. 10, report, but the ambition has clearly shrunk. Six weeks ago, Cohen told Bloomberg TV he was coming for eBay “one way

Politics
Restaurant Brands’ stock jumps as star franchise beats Wendy’s

Restaurant Brands’ stock jumps as star franchise beats Wendy’s

Burger King is back in second place.The chain has passed Wendy's to become the second-largest US burger brand by systemwide sales, a spot it lost six years ago. McDonald's still holds first place by a wide

Politics
Starbucks rival, 7 Brew, finally launches an app

Starbucks rival, 7 Brew, finally launches an app

When 7 Brew opened a few miles down the road from our home, my son and I were there on opening day. He's a fan of their "Fizz" sodas, while I enjoy the "Sweet and

Politics
113-year-old discount grocery chain closes more stores

113-year-old discount grocery chain closes more stores

When your local grocery store closes, it doesn't matter to impacted residents that the chain is adding locations in other markets.My family owns a vacation home in Jaffrey, New Hampshire, and the closest grocery store