Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat…
Canada Goose jumps 16% after the company reports growth surge in China
Shares of Canada Goose surged 16% on Thursday after the company reported earnings for the fiscal fourth quarter and announced…
Warren Buffett’s Berkshire Hathaway reveals insurer Chubb as confidential stock it’s been buying
Warren Buffett finally revealed his secret stock pick in a new regulatory filing, and it’s insurer Chubb. His conglomerate Berkshire…
Tesla’s Chinese rival Nio launches a new brand and car that undercuts the Model Y by $4,000
SHANGHAI — Chinese electric car company Nio revealed Wednesday that the first car for its new, lower-priced brand, Onvo, will…
Netflix to stream Christmas Day NFL games for three years
Netflix will stream Christmas Day National Football League games for the next three years, in its first true step into…
AMC completes $250 million stock sale during meme rally, shares jump 30%
AMC Entertainment raised about $250 million of new equity capital, completing the sale Monday during the revived meme stock craze…
Bronze bust honoring the late Charlie Munger wowed crowd in Omaha at Berkshire meeting
OMAHA, Neb. — A 24-inch tall, bronze bust sculpture of the late Charlie Munger became a conversation piece for guests…
Target says Pride collection will appear in ‘select’ stores, cuts LGBTQ apparel for kids
Target will limit which stores sell LGBTQ-themed products following last year’s firestorm over its decision to sell products designed for…
Jim Simons, billionaire quantitative investing pioneer who generated eye-popping returns, dies at 86
Jim Simons, a mathematician who founded the most successful quantitative hedge fund of all time, passed away on Friday in…
