Yum China CEO says consumers are growing more ‘rational’ as rising costs cut dining budgets

A KFC restaurant in Wuhan, China. Source: Yum China While economists and investors fret over China’s…

Macy’s will close about 150 department stores, but open new locations of better performing chains

People shop at the Macy’s Herald Square store in New York City, Jan. 19, 2024. Michael…

Consumers are tired of inflation. But some retailers fear falling prices

A man with a paper bag of groceries looks surprised and upset at a receipt from…

Nvidia briefly surpasses $2 trillion in market cap during intraday trading

Jensen Huang speaks onstage during The New York Times Dealbook Summit 2023 at Jazz at Lincoln…

Warner Bros. Discovery shares drop 12% as company misses estimates, warns of 2024 cash flow headwinds

The exterior of the Warner Bros. Discovery Atlanta campus is pictured after the Writers Guild of…

Cellular outages hit thousands in U.S., AT&T users most affected

A worker climbs on a cellular communication tower in Oakland, California. Justin Sullivan | Getty Images…

Activist Arkhouse launches proxy fight at Macy’s, nominates nine directors

Customers visit the Macy’s Herald Square store in New York City on Dec. 17, 2023. Kena…

Roku tumbles as stiff competition from heavyweights dents outlook

A sign is posted in front of the Roku headquarters on February 18, 2022 in San…

In this fast-paced bull market, we’re increasing our Club price targets on 4 stocks

It’s been hard to keep up. That’s the story of the big stock winners this year.…

JetBlue resets with new CEO, industry veterans to run airline on time, and profitably

A JetBlue Airways plane prepares to depart New York’s LaGuardia Airport. Leslie Josephs | CNBC In…

Richard Branson and Oppenheimer’s grandson urge action to stop AI and climate ‘catastrophe’

Richard Branson believes the environmental costs of space travel will “come down even further.” Patrick T.…

Travelers ride the rails to save money (and the planet) as Amtrak chases pre-Covid ridership

Amtrak trains travel through Washington, DC, on September 15, 2022. Stefani Reynolds | AFP | Getty…

NYCB shares jump after bank names new chairman following credit rating downgrade

The New York Community Bank (NYCB) headquarters in Hicksville, New York, US, on Thursday, Feb. 1,…

Yum Brands disappoints as KFC, Taco Bell and Pizza Hut fall short of same-store sales expectations

KFC and Taco Bell restaurants along 118th Avenue in Edmonton, on January 21, 2024, in Edmonton,…

DocuSign to lay off 6% of workforce, or about 440 jobs

The DocuSign website is seen on a laptop in Dobbs Ferry, New York, April 1, 2021.…