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A series of tour cancellations and changes by big-name artists has sparked questions about whether the post-pandemic live music boom could be cooling, as...
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- Business
American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory
Fintech company Chime files for Nasdaq IPO
Microsoft to cut 3% of its workforce
UnitedHealth CEO suddenly steps down for ‘personal reasons’
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Business
American Eagle on Tuesday said it is writing off $75 million in spring and summer merchandise and withdrawing its full-year guidance as it contends with...
Business
Financial technology company Chime on Tuesday filed paperwork to go public on the Nasdaq. The company intends to file under the ticker symbol “CHYM.”...
Business
Microsoft on Tuesday said that it’s laying off 3% of employees across all levels, teams and geographies. “We continue to implement organizational changes necessary to...
Business
UnitedHealth Group announced a new chief executive Tuesday, a sudden and surprising change following the fatal shooting in December of its UnitedHealthcare subsidiary’s leader. Andrew Witty stepped...
Business
Ulta Beauty on Thursday laid out plans to boost sales and gain market share after a first-quarter sales slowdown. Comparable sales, a metric that tracks...
Business
Retail’s biggest winners during first-quarter earnings aren’t thriving because consumers are suddenly spending more on discretionary goods — it’s because they’re executing well and cash-strapped shoppers...
Business
Tesla is recalling 125,227 vehicles in the United States due to a malfunction in its seat belt warning system that can increase the risk of...
Business
Signed sales contracts on existing homes dropped 7.7% in April compared to March, the slowest pace since April 2020, according to the National Association...
Business
New York Federal Reserve President John Williams on Thursday said inflation is still too high, but he is confident it will start decelerating later...
Business
The pace of hiring remains strong for lower-earning Americans, holding steady above its pre-pandemic baseline even as the demand for higher-income workers has waned slightly, according...
Business
Shares of U.S. Cellular popped nearly 6% Tuesday after T-Mobile announced that it plans to acquire most of the company, including the wireless operator’s stores, some of its spectrum...
Business
American Eagle on Wednesday said it’s making gains in boosting profitability as it works to improve its product assortment and tweak operations. Still, its fiscal...
Business
After a brief pullback during much of May, mortgage rates began rising again last week. That had an immediate impact on what had been...
