Gap’s largest brand, Old Navy, marked a significant achievement in its holiday quarter, returning to growth for the first time in over a year. The retailer delivered earnings that exceeded Wall Street’s expectations, with sales at Old Navy rising by ...

General Motors is reintroducing its new Chevrolet Blazer EV to the market at a reduced price after a temporary halt in sales to address software issues. The 2024 Blazer EV models will now start at $50,195, which is $6,520 lower ...

Novo Nordisk CEO Lars Fruergaard Jørgensen expressed optimism on Friday regarding the potential of the company’s experimental weight loss pill, amycretin, suggesting it could emerge as a leading treatment for obesity. The Danish pharmaceutical giant is strategically advancing its position ...

Ulta Beauty CEO Dave Kimbell recently addressed concerns regarding organized retail crime, attributing part of the issue to e-commerce platforms. In response to revealing a professional network of thieves utilizing Amazon to resell stolen cosmetics, Kimbell highlighted the challenges posed ...

On Tuesday, several airline CEOs voiced concerns over Boeing’s latest Max crisis, indicating a need to reassess growth plans for the current year and potentially beyond. Their remarks underscore the impact Boeing’s challenges are having on its major customers, including ...

Southwest Airlines announced on Tuesday that it will need to adjust its capacity plans and reassess its financial projections for the year due to delivery delays from Boeing, its primary aircraft supplier. According to the Dallas-based carrier, Boeing informed Southwest’s ...

General Motors (GM) is undergoing significant changes in its leadership, with the retirement of its long-standing head of manufacturing and the hiring of a former Tesla and Google executive to assume the role. Gerald Johnson, who served as the executive ...

The video game industry remains deeply entwined with microtransactions, serving as a primary revenue stream for major players like Electronic Arts and Take-Two Interactive, as revealed in their recent earnings reports. Microtransactions encompass various purchases made within games using real ...

In her address to the China Development Forum, International Monetary Fund (IMF) Managing Director Kristalina Georgieva emphasized the potential for significant growth in China through a comprehensive set of pro-market reforms. Georgieva outlined that these reforms could lead to a ...

A diminutive electric vehicle is causing a significant stir in the global automotive sector, not for its innovative design or advanced features, but for its remarkably low price and the potential disruption it poses to established domestic auto industries worldwide. ...