2014
2015
2016
2017
2018
2019
2020
2021
2022
1190 articles
- Avery Hartmans for Business InsiderMay 27 ’22
Department stores like Macy’s and Nordstrom are bucking gloomy retail trends, and it shows inflation hasn’t slowed spending for a large swath of Americans
Macy's and Nordstrom reported strong earnings and upped their financial guidance for the year. They have upscale shoppers to thank, who haven't slowed spending despite record inflation. But analysts warn of a retail downward spiral after Walmart, Tar…
- Avery Hartmans for Business InsiderMay 19 ’22
Ex-Wells Fargo exec says the company held ‘fake interviews’ with women and people of color for jobs already filled to inflate its diversity efforts
Wells Fargo employees conducted "fake interviews" with diverse job candidates, The NY Times reports. One former executive said he was fired after complaining about the practice, which Wells denied. The bank says it takes the allegations seriously, vo…
- Avery Hartmans for Business InsiderMay 18 ’22
CEOs are warning of a recession. Here’s what they’re saying, and their advice on how to prepare.
Some of the top CEOs in the US are predicting that the economy is headed toward recession. Elon Musk advises businesses to have capital reserves to make it through "irrational times." David Solomon says start considering your risk appetite and preppi…
- Avery Hartmans for Business InsiderMay 17 ’22
Walmart and Amazon aren’t seeing a labor shortage — they’ve had too many workers, and now it’s taking a financial toll
Walmart said it was overstaffed during the most recent quarter, denting profits. Amazon faced the same overstaffing issue in its warehouses during the first quarter. It's a unique problem for two of the nation's largest employers after months of a US…
- Avery Hartmans for Business InsiderMay 16 ’22
Snap CEO Evan Spiegel and supermodel Miranda Kerr surprised 285 art-school students with a graduation gift: paying off their college debt
Evan Spiegel and Miranda Kerr paid off the student-loan debt of 285 graduates of an LA art college. Spiegel took summer classes at the school, Otis College of Art and Design, as a high schooler. Student-loan debt is a $1.7 trillion crisis in the US, …
- Avery Hartmans for Business InsiderMay 14 ’22
Disney CEO boasts that people are spending 40% more at its parks. Here’s what’s driving up costs.
Disney said visitor spending at its US parks is up 40% from pre-pandemic levels. Guests are spending big on tickets, hotels, food and beverage, and merchandise. New, paid services that let visitors skip lines are also paying off for Disney, the compa…
- Avery Hartmans for Business InsiderMay 13 ’22
Peloton is finally launching its long-rumored rowing machine
Peloton finally teased its upcoming rowing machine, which has been rumored since 2020. The company still hasn't revealed the name, price, or release date. The announcement comes after bleak quarterly earnings and a tough few months for Peloton.
Peloto…
We found this article at:
- Avery Hartmans for Business InsiderMay 12 ’22
Celebs like Matt Damon and Tom Brady have been hawking crypto in high-profile ads — but if you invested when they told you to, you’d be seeing major losses as crypto nosedives
Celebrities began hawking crypto in earnest last fall as bitcoin was hitting record highs. But if you invested then, you'd be seeing losses over 50% right now. Cryptocurrencies plummeted for the second day Thursday after the collapse of a major stabl…
- Avery Hartmans for Business InsiderApr 09 ’22
Crocs bought a little-known Italian shoe brand. Wall Street doubted it, but teens have been quietly obsessed with it for years.
When Crocs announced in December it was buying shoe brand Hey Dude, shares slumped 12%. But the brand — known for its comfortable, lightweight shoes — has legions of diehard fans. The latest Piper Sandler Gen Z survey found its one of teens' top 10 f…
- Avery Hartmans for Business InsiderApr 07 ’22
Nuclear power could transform the US energy grid — but decades of roadblocks and rising prices are standing in the way
Nuclear power is the answer to reducing US reliance on fossil fuels, some experts say. But critics argue that it's still too costly and dangerous after high-profile meltdowns. Investors like Bill Gates are working to make nuclear plants cheaper and e…
