Walgreens results top estimates as drugstore chain works to slash costs
Walgreens maintained its fiscal 2025 adjusted earnings guidance, but did not include a sales outlook in its release.
Wayfair to exit Germany, cut 730 jobs as it looks to focus on physical retail
Wayfair, an early e-commerce disruptor, wants to focus more on physical retail and has decided to exit the German market and cut 730 jobs as a result.
Delta outlook tops estimates as CEO expects 2025 to be airline's ‘best financial year in our history'
Delta said it expects to generate more than $4 billion in free cash this year, up 18% from 2024 and in the mid-point of its ...
Auto giants are struggling to find palatable solutions in the race to avoid hefty emissions fines
The prospect of steep fines for failing to comply with the EU’s emissions standards has sparked a heated debate within the ...
Tesla launches refreshed Model Y in China to fend off domestic rivals
The Model Y, which Tesla announced in China, will start at 263,500 Chinese yuan ($35,935), with deliveries set to begin in March.
10-year Treasury yield hovers close to highest level since April as investors await key jobs data
U.S. Treasury yields hovered close to its highest level since April on Friday, as investors anxiously awaited the release of key jobs data.
Why China's central bank has stopped bond purchases
The bank halted its government bond purchases Friday in an attempt to slow a one-way bonds trade that’s put unwanted downward ...
CNBC Daily Open: Spike in long-term borrowing costs isn't just about the UK economy
The borrowing cost for the U.K. government is at an almost three-decade high. But it’s not a localized problem like the one caused by Liz Truss’ “mini-budget.” ...
European markets set to open mixed after UK borrowing costs hit multi-decade highs
European markets are set to open mixed on Friday, as investors monitor economic data and ongoing turbulence in the U.K.’s debt markets.
World's biggest chipmaker TSMC beats sales estimates as AI boost continues
The world's largest chip manufacturer reported fourth-quarter revenue of 868.5 billion New Taiwan dollars ($26.3 billion), ...
Death toll climbs to 10 in Southern California wildfires
The number of deceased people has increased to 10 as authorities and the medical examiner continue to respond to reported ...
Notre Dame beats Penn State 27-24 in Orange Bowl, reaches National Championship
Notre Dame on Thursday trailed early but came back to beat Penn State 27-24 in the Orange Bowl, sealing its spot in the National Championship contest.