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Amazon surpasses Walmart in revenue for the first time
Finance

Amazon surpasses Walmart in revenue for the first time

Amazon has dethroned Walmart in quarterly revenue for the first time ever. Amazon said earlier this month that it brought in $187.8 billion in revenue ...

February 22, 2025
Macy’s turnaround hinges on revamping some stores and closing others. It appears to be working.
Finance

Macy’s turnaround hinges on revamping some stores and closing others. It appears to be working.

Macy’s delivered another quarter of mixed results on Thursday as investors wait and see how quickly CEO Tony Spring can pull ...

March 7, 2025
All Quiksilver, Billabong and Volcom stores to close in U.S.
Finance

All Quiksilver, Billabong and Volcom stores to close in U.S.

All Quiksilver, Billabong and Volcom stores in the United States will close after their operator filed for bankruptcy protection.  Altogether ...

February 7, 2025
UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half
Finance

UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half

Shares of United Parcel Service plunged more than 15% Thursday after the company issued weak revenue guidance for the year and said ...

January 31, 2025
Starbucks to lay off 1,100 corporate workers as sales sag
Finance

Starbucks to lay off 1,100 corporate workers as sales sag

Starbucks will lay off 1,100 corporate employees and will not fill several hundred other open positions, the coffee chain’s CEO Brian ...

February 25, 2025

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