Category: Business
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BJ’s Wholesale Club to Raise Annual Membership Cost, Ups Guidance
The bulk retailer raised its earnings guidance after announcing it would increase its annual membership fee for the first time in seven years and add more fresh food to its shelves.
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Intuit Maintains Full Year Guidance; CEO Says Trump Administration Won’t Build Tax-Filing App
President-elect Donald Trump’s incoming administration doesn’t “want to add to the bureaucracy and they don’t want to add investments to create something…that already exists,” said Chief Executive Sasan Goodarzi.
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Energy & Utilities Roundup: Market Talk
Read about oil prices, Iberdrola, Technip Energies and more in the latest Market Talks covering energy and utilities.
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Financial Services Roundup: Market Talk
Find insight on Citadel CEO Ken Griffin, the Bank of Canada, Singapore Exchange, BBVA and more in the latest Market Talks covering financial services.
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Temu Owner PDD Misses Forecasts as Revenue Growth Slows
The Chinese e-commerce company missed sales and profit expectations, highlighting the growing challenges at home and abroad.
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Auto & Transport Roundup: Market Talk
Find insight on Qube Holdings, Volkswagen, Jet2 and more in the latest Market Talks covering the auto and transport sector.
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Gap Raises Full-Year Outlook With Strong Start to Holiday Season
The apparel retailer said it now expects full-year sales to grow between 1.5% and 2%. Gap had most recently guided for sales to be up slightly.
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An Immigration Crackdown Risks Sapping Farms’ Vital Source of Labor
Agriculture companies and laborers fear raids; 42% of crop farmhands aren’t legally authorized to work in the U.S.
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Allegiant Travel Unit Extends Boeing Aircraft-Delivery Agreement to 2027
The amended agreement also provides for other benefits and considerations related to delivery delays in 2024, Allegiant disclosed in a Securities and Exchange Commission filing.
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Beyond Casts Doubt on $40M Investment in The Container Store
Beyond said it has concerns regarding The Container Store’s ability to reach an agreement with lenders based on the financing proposals presented thus far.