‘Twitter philanthropy’ reveals chasms in social safety net
Single father Billy Price was already struggling to make ends meet before someone broke into his Michigan storage unit, stole…
Kohl’s cuts annual forecast, as it gets stung with inflation
NEW YORK (AP) — Kohl’s Corp. cut its annual earnings and sales forecast, as the department store chain joins a…
McDonald’s era in Russia coming to a close, restaurants sold
McDonald’s is selling all of its restaurants in Russia 30 years after the burger chain became a powerful symbol of…
Cisco Falls On Dismal Outlook As Supply Shortage Bites
(Reuters) – Cisco Systems Inc shares were down 10% premarket on Thursday after the company warned of persisting shortages in…
Spirit tells shareholders to reject hostile bid from JetBlue
Spirit Airlines is advising shareholders to reject a tender offer for shares from JetBlue three days after it went hostile…
Grab Says Worst Of Pandemic Over, Forecasts Rebound In Business
By Nivedita Balu (Reuters) -Grab Holdings Ltd, Southeast Asia’s No. 1 ride-hailing and food delivery firm, on Thursday forecast a…
More Americans apply for jobless benefits last week
WASHINGTON (AP) — More Americans applied for jobless aid last week, but the total number of Americans collecting unemployment benefits…
McDonald’s To Sell Russia Business To Current Licensee
(Reuters) – McDonald’s Corp said on Thursday it has agreed to sell its Russian business to current licensee Alexander Govor,…
Canada Goose Forecasts Strong Year On Resilient Luxury Demand
(Reuters) -Canada Goose Holdings Inc forecast annual earnings and revenue above Wall Street expectations after reporting a surprise quarterly profit…
Kohl’s Becomes Latest Retailer To Warn Of Inflation Eating Into Profits
(Reuters) – Kohl’s Corp cut its full-year earnings forecast on Thursday, joining some of America’s biggest retailers in warning that…