Check out the companies making headlines in midday trading: Lululemon — The athleisure retailer soared more than 18% after topping Wall Street’s estimates for the fiscal third quarter and issuing in-line guidance for the holiday season. Petco — Shares jumped more than 16.7% after the pet retailer reported a smaller-than-expected loss for the third quarter. … Read more
WASHINGTON — Entrepreneurs Elon Musk and Vivek Ramaswamy have an ambitious agenda to cut federal spending with the help of their outside advisory council, the Department of Government Efficiency (DOGE). But on their first joint visit to Congress on Thursday, the pair also likely saw some of the limits of outside influence on the workings … Read more
The United States Postal Service unveils two of its battery-powered vehicles at an event announcing its plan on implementing electric vehicles, at the Postal Service Headquarters on December 20, 2022 in Washington, DC. Kevin Dietsch | Getty Images Donald Trump’s transition team is considering canceling the United States Postal Service’s contracts to electrify its delivery … Read more
Mithrl is among a wave of startups coming back to San Francisco and working in person four days or more each week. Courtesy: Mithrl When Noah Jackson began his search for a new software engineering job at the start of 2024, there was one quality he knew he wanted in his next employer: office culture. … Read more
The jobs report for November came in better than expected, and that growth came from several different areas of the U.S. economy, according to the data. Health care and social assistance led the way yet again last month, seeing 72,300 new positions added in that area, per the Bureau of Labor Statistics. This comes after … Read more
A federal appeals court on Friday upheld a law requiring China-based ByteDance to sell TikTok or face an effective ban in the United States. The ruling by a three-judge panel of the U.S. Court of Appeals in Washington, D.C., rejected TikTok’s argument that the ban, signed into law by President Joe Biden in April, is … Read more
PANTONE 17-1230 Mocha Mousse, Color of the Year 2025. Courtesy: Pantone “Mocha Mousse” was dubbed 2025’s color of the year, according to the Pantone Color Institute, which it described as “a warming, brown hue imbued with richness.” Leatrice Eiseman, executive director Pantone Color Institute, described the shade as “sophisticated and lush, yet at the same … Read more
Shopify could surge thanks to its use of artificial intelligence for merchants, according to Loop Capital. The firm upgraded the e-commerce stock to buy from hold in a Friday note and raised its price target to $140 from $110. Loop’s forecast calls for nearly 23% upside from Thursday’s close. SHOP YTD mountain Shopify stock. Analyst … Read more
Signage is displayed on an oil storage tank at the BP-Husky Toledo Refinery in Oregon, Ohio, U.S Luke Sharrett | Bloomberg | Getty Images BP is seeking buyers for a stake in its U.S. natural gas pipeline network, four people with knowledge of the matter said. The British energy company could raise up to $3 … Read more
Watch Robinhood stock as the company embarks on an ambitious growth plan, Goldman Sachs said. The bank upgraded online brokerage to buy from neutral. Its $46 per share price target, up from $40, implies 18% upside from Thursday’s close. Robinhood held its first ever investor day on Wednesday, which was viewed largely positively from analysts … Read more