Costco beat on quarterly earnings and revenue, though some dings muted investor enthusiasm Friday. Overall, we considered Costco’s fiscal fourth quarter , ending Aug. 31, solid. But as Jeff Marks, director of portfolio analysis for the Club, wrote Thursday evening, the results were not perfect. Same-store sales, referred to as comparable sales or comps in…
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024. Brandon Bell | Getty Images Spirit Airlines told staff Friday that it’s suspending about 40 routes, finalizing a 25% cut to its November schedule as it scrambles to slash costs in bankruptcy and…
Shares of Electronic Arts jumped 15% on Friday following a report in the Wall Street Journal that the video game company is nearing a roughly $50 billion deal to go private. Investors including Saudi Arabia’s Public Investment Fund and Silver Lake could announce the deal as soon as next week, the report said. The deal…
On Tuesday, May 13, 2025 at North Javits in New York City, an incredible roster of all-star talent will tout their connections to storytelling, Disney, and each other while showcasing their latest projects for the upcoming year. Michael Le Brecht | Disney General Entertainment Content | Getty Images Sinclair is returning “Jimmy Kimmel Live!” to…
A sign for the CDC sits outside of their facility at the Centers for Disease Control and Prevention Roybal campus in Atlanta, Georgia, U.S., May 30, 2025. Megan Varner | Reuters More than a dozen pages on the Centers for Disease Control and Prevention website related to sexual and gender identity, health equity, and other…
Boeing 737 Max planes sit at the airport in Renton, Washington. Leslie Josephs | CNBC Boeing can sign off on some of its 737 Max and 787 Dreamliner planes before they’re handed over to customers, the Federal Aviation Administration said Friday, the latest sign the manufacturer is regaining confidence from its regulator after years of…
Zohran Mamdani grabbed the national spotlight midyear when he won New York City’s Democratic mayoral primary, defeating former Gov. Andrew Cuomo. As the city prepares for the mayoral election in November, voters are closely watching the promises Mamdani is making to win support. One of Mamdani’s key campaign promises is the creation of city-owned grocery stores….
INGLEWOOD, CALIFORNIA – NOVEMBER 17: A detail view of a NBC Sunday Night Football video camera during the first half between the Cincinnati Bengals and the Los Angeles Chargers at SoFi Stadium on November 17, 2024 in Inglewood, California. Ric Tapia | Getty Images Sport | Getty Images YouTube TV subscribers may soon be without…
Shelf of pharmaceutical products. D3sign | Moment | Getty Images President Donald Trump announced Thursday that the U.S. will impose a 100% tariff on “any branded or patented Pharmaceutical Product” entering the country from Oct. 1. The measure will not apply to companies building drug manufacturing plants in the U.S., Trump added. He said that…
A Costco store in Richmond, California, US, on Thursday, May 29, 2025. David Paul Morris | Bloomberg | Getty Images Costco on Thursday posted fiscal fourth-quarter earnings and revenue that topped analyst estimates as the warehouse club posted double-digit gains in both membership income and its e-commerce business. The warehouse club does not share an…
