Business
Found 604 articles
Lululemon Shares Slide as Retailer Trims Annual Outlook
A 40% stock plunge this year deepened on Thursday after Lululemon slashed its full-year revenue and earnings projections. Interim CEO Meghan Frank cited unspecified headwinds for the downward revision, signaling that the athletic apparel giant’s struggle to maintain its premium market position is hitting its bottom line harder than anticipated.
Global Millionaire Population Surges Amid Stock Market Rally
25.3 million people across the globe now hold millionaire status, as soaring equity markets added nearly 2 million new individuals to the ranks of the wealthy in 2025. This 7.9% jump in the global millionaire population accompanies a total wealth increase of 8.7%, reaching a record $98.3 trillion.
Trump’s Tax Overhaul Triggers Double Taxation Risk for Trusts
A technical oversight in recent congressional tax guidance threatens to burden trusts and estates with unexpected double taxation. Tax attorneys warn that the provision, which imposes a deduction cap on trust income, creates an algebraic trap that could force the liquidation of assets or reduce payouts to beneficiaries and charities alike.
Public Health Braces for World Cup Amid Infectious Disease Concerns
Eli Manning on the cost of athlete political activism
Honeywell Aerospace Eyes Growth Surge Following Corporate Spin-off
Home sellers abandon listings as market momentum fades
Scott Pelley Fired From 60 Minutes Amid Internal Turmoil
Morgan Stanley opens wealth management platforms to external AI agents
Eli Lilly eyes strategic expansion through aggressive dealmaking
Macy's Posts Best First Quarter in Years, Bolstering Fiscal Outlook
Ulta Beauty shares climb on earnings beat and raised outlook
Goldman Sachs CEO Sees Peak Optimism as AI Giants Eye IPOs
Audemars Piguet market value holds firm despite Swatch collaboration
Victoria’s Secret Shares Surge 40% After Sales Outlook Boost
McDonald's pivots to "NEXT" strategy to defend market dominance
UAW walkout at Michigan parts plant hits GM truck supply
Berkshire Hathaway bets $6.8 billion on Taylor Morrison recovery
Barry Diller Eyes Full Control of MGM Resorts in $18 Billion Bid
The Billion-Dollar Hangover: How AI Is Stranding Pre-ChatGPT Unicorns
Retailers brace for a spending slump as tax refund tailwinds fade
Trump pivots to fast-track psychedelic therapies for mental health
Ivonescimab trial data shows survival gains in lung cancer patients
Disney’s Advertising Push Centers on the Power of Fandom
South Asian Music Emerges as the Next Global Investment Frontier
Generation Z Emerges as the New Engine of Box Office Growth
Replimune revives melanoma drug bid after FDA leadership shift
Asian snack brands break out of the ethnic aisle
CVS Caremark Expands Obesity Drug Access with Zepbound Reinstatement
