Business

On Thursday, Ulta Beauty released its fiscal third-quarter results, showcasing a performance that unexpectedly surpassed Wall Street’s expectations despite rising competition and a downturn in makeup and skincare demand. This strong showing prompted the retailer to slightly adjust its full-year outlook, indicating a net sales projection between $11.1 billion and $11.2 billion, exceeding an earlier
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In a noteworthy development, U.S. airline executives are preparing to face a Senate subcommittee that has raised serious concerns about what it calls “junk” fees associated with airline seating selections. The discussion is centered on the substantial revenue these charges generate, amounting to a staggering $12.4 billion from 2018 to 2023. Major carriers such as
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The automotive industry is on the brink of a significant transformation, with electric vehicles becoming increasingly prevalent. British car manufacturer Jaguar has taken a noteworthy step in this direction by unveiling its innovative concept car, the “Type 00.” This vehicle is more than just a new model; it represents a pivotal shift in Jaguar’s branding
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In a surprising turn of events, Stellantis, the automaker born from the 2021 merger between Fiat Chrysler Automobiles and PSA Groupe, has seen its CEO, Carlos Tavares, resign from his position. This significant leadership change highlights the complexities of managing a global automotive entity in an evolving market landscape, marked by differing perspectives and financial
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As the festive season approaches, the retail landscape presents a stark contrast of fortunes among companies vying for consumer wallets. While some brands are experiencing windfalls as shoppers prepare for holiday celebrations, others are grappling with disappointing earnings. This article dissects the current state of holiday retailing as outlined in numerous recent reports and examines
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As the Thanksgiving weekend approaches, the domestic box office emerges on the brink of a significant revival, marking what could be the most lucrative holiday period since the onset of the pandemic. With a lineup that includes Disney’s much-anticipated “Moana 2”, Universal’s musical adaptation “Wicked”, and Paramount’s action-packed sequel “Gladiator II”, the expectations are stratospheric.
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In recent months, Walmart has made headlines for its decision to scale back various initiatives aimed at promoting diversity, equity, and inclusion (DEI) within its corporate structure. As the largest employer in the United States, employing around 1.6 million workers, this shift raises significant questions regarding the future of corporate responsibility in fostering inclusive environments.
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In a significant move that underscores the growing importance of women’s sports, State Farm has announced two strategic partnerships aimed at empowering female athletes and enhancing the visibility of women’s sports. The insurance giant revealed its endorsement of rising college basketball star JuJu Watkins through a name, image, and likeness (NIL) deal, alongside its role
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