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Victoria Secret shares spike 40% after big earnings beat, raised sales outlook
Victoria’s Secret has been in the midst of a turnaround under CEO Hillary Super, who said the company is winning over young shoppers across all incomes.
Trump picks housing Dir. Bill Pulte as acting intelligence chief, replacing Tulsi Gabbard
Pulte will keep his existing titles as FHFA director and chairman of the mortgage groups Fannie Mae and Freddie Mac, Trump said in his announcement.
U.S. jury finds investor Andrew Left guilty of securities fraud
Authorities alleged Left manipulated the stock market and defrauded investors with misleading claims about his positions in stocks including Nvidia and Tesla.
McDonald’s unveils new global growth strategy to win over diners as competition rises
McDonald’s new growth plan comes as inflation and high gas prices mean restaurants are competing for a smaller pool of customers.
Trump administration plans to drop DOJ’s $1.8B ‘lawfare’ fund, reports say
The Trump administration plans to drop the Department of Justice’s $1.8 billion “Anti-Weaponization Fund” in the face of legal and political pushback to it, reports said Monday. Read more UAW union strike threatens General Motors truck production The fund was created as part of a settlement of President Donald Trump’s $10 billion lawsuit against the […]
UAW union strike threatens General Motors truck production
Nearly 1,000 workers at a Michigan supplier plant that notably makes parts for GM pickup trucks went on strike Monday after not reaching a new contract deal.
Trump tells CNBC: ‘I don’t care’ if Iran negotiations are over
President Trump spoke with CNBC’s Eamon Javers about the latest with the Iran war in an interview Monday.
Berkshire’s bet on Taylor Morrison suggests the housing market may have bottomed
Analysts say the deal between Berkshire Hathaway and Taylor Morrison signals that the housing market may have bottomed.
Schumer says Democrats will force Senate votes to block Trump’s DOJ ‘lawfare’ fund
Opposition to the $1.8 billion Justice Department fund, which critics call a “slush fund,” helped grind Senate floor action to a halt last month.
Retail had a ‘surprisingly robust’ first quarter, but the real test is ahead as tax refunds dry up
The retail industry saw strong first-quarter sales and profits, but high tax refunds and buy now, pay later helped mask underlying consumer weakness.