RH Shares Tumble as Furniture Retailers Grapple With Slower Spending
Furniture sellers are preparing for a sharp downturn in consumer spending this year as mortgage rates rise and people pull back on purchases of goods such as sofas and beds.…
Micron Shares Slump on Muted Sales Forecast
Memory-chip maker Micron Technology issued a subdued revenue outlook, spooking investors even as it reported a strong rise in earnings for its latest quarter. “Recently, the industry demand environment has…
Just Eat Says Grubhub Sale Still Possible as Shares Slide
Shares of Just Eat Takeaway.com N.V. hit an all-time low Wednesday after the head of its U.S. division said a sale wasn’t a definite outcome for the company’s Grubhub online…
Bed Bath & Beyond CEO Mark Tritton Exits as Sales Plunge
When Mark Tritton took the helm of Bed Bath & Beyond in 2019, he moved quickly to overhaul the home-goods chain by cleaning up crowded aisles, scaling back coupons and…
Just Eat Says Grubhub Sale Still Possible as Shares Slide
Shares of Just Eat Takeaway.com N.V. hit an all-time low Wednesday after the head of its U.S. division said a sale wasn’t a definite outcome for the company’s Grubhub online…
Elon Musk Expected to Reiterate Desire to Own Twitter in Meeting Thursday
Elon Musk is expected to confirm his desire to own Twitter Inc. TWTR 2.07% when he speaks to the social-media company’s employees on Thursday, according to a person familiar with…
Elon Musk Expected to Reiterate Desire to Own Twitter in Meeting Thursday
Elon Musk is expected to confirm his desire to own Twitter Inc. TWTR 2.07% when he speaks to the social-media company’s employees on Thursday, according to a person familiar with…
Lucid, Rivian Each Awarded CEOs More Than $400 Million in Pay Last Year
The chief executives of electric-vehicle startups Lucid Group and Rivian Automotive each received pay packages last year valued at over $400 million, as both companies raced to public markets and…
Target CEO Says Unloading Excess Inventory Is a Necessary Pain
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Spotify Targets One Billion Listeners by 2030 Amid Profitability Concerns
Spotify Technology SA defended the company’s strategy Wednesday and outlined plans to expand into new businesses to address investors fears that the audio market opportunity is limited. At its first…
