Business
Found 355 articles
Peloton Secures First Annual Profit Amid Stagnant Growth Forecasts
Peloton has finally crossed into profitability, posting its first full year of net income in fiscal 2026. CEO Peter Stern described the turnaround as a landmark shift for the brand, yet the company simultaneously warned that revenue is expected to decline in the coming year as demand for its hardware remains muted.
Burger King Revitalization Drives Restaurant Brands Profit Beat
Burger King surged past its domestic rivals this quarter, posting a robust 8.5% increase in U.S. same-store sales. This turnaround, bolstered by aggressive renovations and a sharpened menu strategy, propelled Restaurant Brands International to beat Wall Street earnings expectations, even as sister chains faced mounting pressure from value-conscious diners.
Spider-Man: Brand New Day Hits Billion-Dollar Milestone
Sony and Marvel’s Spider-Man: Brand New Day has officially crossed the billion-dollar mark, becoming the fourth film this year to reach the coveted global box office threshold. This recovery signals a major return to pre-pandemic form for the theatrical industry, as high-grossing blockbusters dominate the current release calendar.
Flutter Stumbles as Profit Targets Drop and CEO Departs
Tanger Outlets Cites World Cup Surge for Summer Sales Boost
Salad and Go files for bankruptcy and shutters all locations
Disney Parks Defy Global Tourism Slump with Record Revenue
Disney mulls free streaming tier as Super Bowl ad inventory sells out
Bank of America faces $250 million annual bill for GLP-1 weight loss drugs
BofA CEO warns of leveraged market risks after AI hedge fund fire sale
Eli Lilly Raises Annual Outlook as Mounjaro and Zepbound Sales Explode
CVS Health Beats Second-Quarter Estimates as Aetna Stabilizes
Disney Investors Eye Streaming and Park Growth Amid Economic Headwinds
General Motors and SAIC Extend China Partnership to 2047
Paramount Skydance Lifts Profit Outlook After Streaming Gains
Lucid Struggles Through Operational Reset After Missing Earnings Targets
Chipotle Shares Slide After Jalapeno Recall
Novo Nordisk Shares Tumble as Guidance Fails to Impress
Procter & Gamble Expands Wellness Portfolio With Thorne Acquisition
Ford Frames 10% Sales Dip as Strategic Pivot
Foreign Buyers Retreat from U.S. Residential Market
McDonald’s Taps Skye Anderson to Revive Sluggish U.S. Sales
Pfizer Beats Quarterly Estimates as Non-Covid Sales Offset Slump
Skye Anderson Takes Helm of McDonald’s U.S. Amid Sales Slump
Merck Raises Revenue Forecasts Amid Acquisition-Driven Profit Dip
Larry Berg to Succeed Don Garber as MLS Commissioner
FAA Clears Boeing 737 Max 7 for Service After Decade of Delays
Michigan Reports First Fatalities in Cyclospora Outbreak
Spider-Man: Brand New Day Shatters All-Time Domestic Opening Record
