A woman carries Nike shopping bags at the Citadel Outlet mall, as the global outbreak of the coronavirus disease (COVID-19) continues, in Commerce, California, U.S., December 3, 2020. Lucy Nicholson | Reuters Nike on Friday reported quarterly sales and earnings that topped analysts’ estimates, driven by triple-digit growth online in …
Read More »White House threatens to fire FDA chief unless Covid vaccine OKed Friday: reports
U.S. President Donald Trump and Stephen Hahn, Director of the Food and Drug Administration participate in the daily coronavirus task force briefing at the White House on April 24, 2020 in Washington, DC. Drew Angerer | Getty Images White House chief of staff Mark Meadows told the head of the …
Read More »Lululemon (LULU) reports Q3 2020 earnings, sales beat estimates
Lululemon Athletica store exterior, Ponce City Market. John Greim | LightRocket | Getty Images Lululemon on Thursday reported sales of $1.1 billion, up 22% from a year ago and beating analysts’ estimates, as shoppers frequented the retailer’s stores and website to buy workout apparel during the period. In North America, …
Read More »Boeing reports more 737 Max cancellations in November
Boeing 737 Max airplanes sit parked at the company’s production facility on November 18, 2020 in Renton, Washington. David Ryder | Getty Images Boeing on Tuesday said it logged more cancellations than orders for its 737 Max plane last month, just as carriers are preparing to return the jets to …
Read More »U.S. reports record 2,800 Covid deaths in a single day
El Paso County Medical Examiner’s Office staff lock-up the mobile morgues before moving bodies that are in bags labeled “Covid” from refrigerated trailers into the morgue office amid the coronavirus disease (COVID-19) outbreak, in El Paso, Texas, U.S. November 23, 2020. Ivan Pierre Aguirre | Reuters The United States reported …
Read More »Gap (GPS) reports Q3 2020 earnings, names new Banana Republic chief
A Gap store in New York, August 2, 2020. Scott Mlyn | CNBC Gap Inc. shares fell Tuesday after the company reported fiscal third-quarter earnings that fell short of expectations, as higher spending on marketing offset sales gains at Old Navy and Athleta, while the company’s namesake and Banana Republic …
Read More »Retail earnings reports to watch
Retail earnings are ramping up this week. Urban Outfitters reports on Monday, a day before Best Buy, Dick’s Sporting Goods, Abercrombie and Fitch, Dollar Tree, Nordstrom, Gap and American Eagle Outfitters. All of their stocks are in the green year to date except for Nordstrom, which is down almost 48%. …
Read More »U.S. reports nearly 200,000 new cases as more than 1,500 people die daily
A patient arrives outside Maimonides Medical Center, as the spread of the coronavirus disease (COVID-19) continues, in Brooklyn, New York, U.S., November 17, 2020. Brendan McDermid | Reuters The United States reported more than 195,500 new cases of the coronavirus on Friday, a record-high spike less than a week before …
Read More »U.S. reports record 187,833 new Covid cases as CDC warns against Thanksgiving travel
Medical workers wearing personal protective equipment (PPE) administer Covid-19 tests at a drive-thru testing site at the Alemany Farmers Market in San Francisco, California, U.S., on Thursday, Nov. 19, 2020. David Paul Morris | Bloomberg | Getty Images The United States reported 187,833 new Covid-19 cases on Thursday, yet another …
Read More »Consumer reports pans Tesla Models S and Y
Brand new Tesla Model S cars sit on front of a Tesla showroom on August 2, 2017 in Corte Madera, California. Tesla will report second-quarter earnings today after the closing bell. Justin Sullivan | Getty Images Consumer Reports is no longer recommending Tesla’s Model S and is panning the reliability …
Read More »Macy’s (M) reports Q3 2020 loss, sales decline
People walk past a Macy’s store in a Manhattan shopping district on August 12, 2020 in New York City. Following a massive drop in tourism due to the Covid-19 pandemic and a work culture that increasingly keeps people at home, New York City is seeing a large exodus of chain …
Read More »‘Wonder Woman 1984’ will debut in theaters and on HBO Max on Christmas, reports say
Gal Gadot stars as Wonder Woman in “Wonder Woman 1984.” Warner Bros. Warner Bros. is taking a page out of Universal’s theatrical playbook. On Wednesday, multiple media outlets reported that “Wonder Woman 1984” would arrive on its streaming service HBO Max on Dec. 25, the same day it hits theaters. The reports …
Read More »Lowe’s (LOW) reports Q3 2020 earnings miss
A shopper visits a Lowe’s hardware store in Philadelphia, Pennsylvania, November 4, 2020. Mark Makela | Reuters Lowe’s shares fell Wednesday after the home improvement retailer reported third-quarter earnings and a profit outlook slightly short of estimates, weighed down by higher labor costs and investments in its e-commerce business. Its …
Read More »Kohl’s (KSS) reports Q3 2020 earnings beat
A shopper prepares to pay for items at a Kohl’s department store in Peru, Illinois, May 16, 2019. Daniel Acker | Bloomberg | Getty Images Kohl’s on Tuesday reported a 13.3% decline in quarterly net sales, as the coronavirus pandemic limited the number of people visiting its stores to buy …
Read More »U.S. reports record Covid hospitalizations as states roll out restrictions again
Medical professionals treat a patient infected with the coronavirus disease (COVID-19) at United Memorial Medical Center in Houston, Texas, November 12, 2020. Callaghan O’Hare | Reuters The United States reported a record-high number of people hospitalized with Covid-19 on Friday as more states roll out fresh restrictions to slow the …
Read More »U.S. reports record 153,400 new Covid cases as Dr. Fauci urges Americans to be careful: ‘It is not futile’
Spc. Demetrie Barnett of the Nevada National Guard administers a COVID-19 test during a preview of a free drive-thru COVID-19 testing site in the parking garage of the Texas Station Gambling Hall & Hotel on November 12, 2020 in North Las Vegas, Nevada. Ethan Miller | Getty Images The United …
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