The low-end consumer ‘is really being stretched,’ says Five Below CEO
While inflation is showing signs of easing, consumers in the country may still be feeling its effects for quite some…
GameStop shares jump more than 40% as ‘Roaring Kitty’ schedules YouTube livestream for Friday
Shares of GameStop shot to session highs Thursday after meme stock leader “Roaring Kitty” scheduled a livestream on YouTube, which…
Salesforce to open new AI center in London as part of $4 billion UK investment
LONDON — Enterprise tech giant Salesforce is opening an artificial intelligence center in London, making a bullish bet on the…
Payhawk, a $1 billion corporate card startup, plans M&A shopping spree after 86% sales growth
AMSTERDAM — Corporate payments startup Payhawk told CNBC it is planning mergers and acquisitions to grow its footprint in the corporate spend…
Sternlicht defends gating Starwood REIT withdrawals, hopes it will be a ‘6-month thing’ as rates fall
Barry Sternlicht, Starwood Capital Group chairman and CEO, defended his decision to cap how much money investors could pull from…
Alphabet taps Eli Lilly’s Anat Ashkenazi as new CFO
Eli Lilly Chief Financial Officer Anat Ashkenazi will become Alphabet’s new CFO effective July 31, Google’s parent company saidTuesday, almost…
