Retail industry

Peloton (PTON) earnings Q2 2024

Business
Jessica Roberts

Peloton shares plummeted about 20% in morning trading Thursday. Here’s how Peloton did in its fiscal second quarter compared with what Wall ...

Shoppers deal with holiday debt

Business
Jessica Roberts

But now that January has arrived and the other installments are starting, Andersen isn’t sure how she’s going to pay them off. ...

Trial canceled in Berkshire Hathaway suit by Haslam family

Business
Jessica Roberts

Jimmy Haslam, CEO of Pilot Flying J. and Warren Buffett, Chairman and CEO of Berkshire Hathaway. Lacy O’Toole | CNBC A billion-dollar ...

Buy now, pay later is a troublesome type of phantom debt, experts say

Business
Jessica Roberts

Some types of debt can haunt you. “Buy now, pay later” loans, especially, can be hard to track, making it easier for more ...

Reckitt Benckiser unit recalls possibly contaminated baby formula powder, FDA says

Business
Jessica Roberts

Enfimil infant formula, made by Mead Johnson Nutrition Co., sits on display in a supermarket in New York, U.S. Daniel Acker | ...

Nike (NKE) earnings Q2 2024

Trending
Sarah Wilson

A customer enters a Nike store along the Magnificent Mile shopping district in Chicago on Dec. 21, 2022. Scott Olson | Getty ...

McDonald’s investor day highlights and top risks in 2024

Business
Jessica Roberts

McDonald’s investor day focused on the company’s long-term future, but the near term could bring more turbulence. Low-income consumers are spending less, ...

McDonald’s to open first CosMc’s spinoff restaurant this week

Business
Jessica Roberts

McDonald’s plans to open 10 locations of CosMc’s, a new spinoff brand, to test whether the concept could work across the U.S. ...

Aims to open nearly 9,000 restaurants

Business
Jessica Roberts

A McDonald’s store sign in Austin, Texas, Oct. 30, 2023. Brandon Bell |Getty Images McDonald’s wants to open more than 8,800 locations ...

Mars accused of using child labor in cocoa supply chain

Business
Jessica Roberts

Detail of a recently opened cocoa pod in Asikasu on Dec. 19, 2020. Cristina Aldehuela | Afp | Getty Images Candy giant ...