Shopping bags in front of the Macy’s Inc. flagship store in the Herald Square area of New York, US, on Monday, Nov. 13, 2023. US holiday sales will grow at a slower pace this year amid economic headwinds such as higher interest rates, the National Retail Federation said. Bing Guan …
StubHub is eyeing a summer initial public offering, a person familiar with the matter told CNBC. The online ticketing service is aiming for a valuation of at least $16.5 billion, which is what it was valued at in late 2021 during its latest round of private funding. The company has …
Boulder is the No. 2 U.S. city for quality of life, according to U.S. News and World Report. Denistangneyjr | E+ | Getty Images This story is part of CNBC’s quarterly Cities of Success series, which explores cities that have transformed into business hubs with an entrepreneurial spirit that has …
The F-150 Lightning on display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC DEARBORN, Mich. — Ford Motor is lowering the starting prices of some all-electric F-150 Lightning pickup trucks as it prepares to resume shipping the vehicles after quality issues. The included …
Amazon CEO Andy Jassy on Thursday published his annual shareholder letter, where he pledged to keep looking for ways to keep costs in check even as the company doubles down on investing in new growth areas like artificial intelligence. “I think every one of us at Amazon believes that we …
Macy’s flagship store in Herald Square in New York, Dec. 23, 2021. Scott Mlyn | CNBC Department store Macy’s on Wednesday said it had settled its proxy fight with real estate investor Arkhouse, and that it would add two new directors to its 15-person board. The reshuffle moves Macy’s closer …
A customer uses a credit card to pay for items January 28, 2022 at a retail shop in New York City. Robert Nickelsberg | Getty Images Department stores like Macy’s and Kohl’s have long used store-branded credit cards to drive purchases and get a cut of cash. Starting this spring, …
2025 Toyota 4Runner TRD Pro Toyota Toyota Motor revealed a new 4Runner SUV for the first time in nearly 15 years — completing a recent redesign of the automaker’s current trucks and SUVs. Aside from its new looks, which are similar to the recently redesigned Toyota Tacoma pickup, the 2025 …
A former executive at Bowlero, the world’s largest owner and operator of bowling centers, has asked a court’s permission to countersue his former employer for extortion and retaliation, after an executive on a recorded call threatened to report him to the FBI if he didn’t admit to spilling company secrets, …
Denver Beer Co. Courtesy: Denver Beer Co. This story is part of CNBC’s new quarterly Cities of Success series, which explores cities that have been transformed into business hubs with an entrepreneurial spirit that has attracted capital, companies and workers. Alcohol-free beverage options have skyrocketed over the past few years, …
