Target plans to hire 100,000 seasonal workers for the holidays and start deals early

In this article WMT TGT Follow your favorite stocksCREATE FREE ACCOUNT A hiring sign is posted i front of a Target store on February 05, 2021 in San Rafael, California. Justin Sullivan | Getty Images Target announced Thursday that it will hire 100,000 seasonal workers for the holidays and start offering markdowns the first week…

Phoenix Suns and Mercury owner Robert Sarver to sell teams after damning harassment report

Phoenix Suns and Mercury owner Robert Sarver attends Game Two of the 2021 WNBA Finals at Footprint Center on October 13, 2021 in Phoenix, Arizona. Christian Petersen | Getty Images Phoenix Suns and Mercury owner Robert Sarver said he would begin the process to sell both professional basketball teams after a damning report detailed nearly…

GM to close reservations for electric Hummer pickup, SUV after topping 90,000

Production is now set to begin at the former Detroit-Hamtramck assembly plant, less than two years after GM announced the massive $2.2 billion investment to fully renovate the facility to build a variety of all-electric trucks and SUVs. Photo by Jeffrey Sauger for General Motors DETROIT – General Motors will close reservations for its electric…

FedEx’s bleak warning could reflect global economy − and company’s own shortcomings

In this article FDX WMT TGT UPS Follow your favorite stocksCREATE FREE ACCOUNT A FedEx worker makes a delivery on September 16, 2022 in Miami Beach, Florida. Joe Raedle | Getty Images FedEx warned of weakening global shipping demand in a preliminary earnings report last week, leaving the market scrambling to determine whether the problems…

Ford stock suffers worst day since 2011 after cost warning, shedding $7 billion in market value

In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford F-150 Lightning at the 2022 New York Auto Show. Scott Mlyn | CNBC DETROIT – Ford Motor’s stock suffered its worst day in more than 11 years, after the automaker pre-released part of its third-quarter earnings report and warned investors of $1 billion in…

Beyond Meat suspends operating chief after arrest for allegedly biting man’s nose

In this article BYND Douglas Ramsey Source: Washington County, Arkansas Beyond Meat said its operating chief Doug Ramsey has been suspended, effective immediately, after he was arrested Saturday evening for allegedly punching a man and biting his nose. The company said in a statement on Tuesday afternoon that Jonathan Nelson, the company’s senior vice president…

Peloton adds $3,195 rowing machine to fitness machine lineup

In this article PTON Peloton Rowing Machine Courtesy: Peloton Peloton is adding a line of rowing machines to its lineup as the company works through a restructuring to expand its customer base and return to a profit. The fitness machine maker said on Tuesday it’s launching Peloton Row, which starts at $3,195 and is now…

Ford warns investors of an extra $1 billion in supply chain costs during the third quarter

In this article F 2023 Ford F-150 Raptor R Ford DETROIT – Ford Motor on Monday warned investors that the company expects to incur an extra $1 billion in costs during the third quarter due to inflation and supply chain issues. Ford said supply problems have resulted in parts shortages affecting roughly 40,000 to 45,000…

‘The Woman King’ poised for big box-office run after surprisingly strong opening weekend

In this article SONY Viola Davis stars in Sony’s “The Woman King.” Sony During a lull in the movie calendar, Gina Prince-Bythewood’s “The Woman King” is generating the kind of buzz — and ticket sales — that the box office desperately needs. Theaction-packed film about an all-female regiment of warriors brought in $19 million at…

5 things to know before the stock market opens Monday

Traders on the floor of the NYSE, Sept. 14, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Bad morning for stocks U.S. equities markets were on track to open lower Monday morning, adding to the misery lingering from last week’s losses. Investors are looking…

India’s rice export ban: The Asian countries set to be hit hard — and those that’ll profit

In this article 8604.T-JP Rice production in India has fallen by 5.6% year on year as of September in light of below-average monsoon rainfall, which has affected harvest, Nomura said. Rebecca Conway | Getty Images News | Getty Images India, the world’s largest rice exporter, has banned shipments of broken rice — a move that…

Home Depot’s customers have been resilient despite economic headwinds, CEO says

In this article FDX HD Home Depot‘s business has remained strong even as turbulent economic conditions pinch consumers’ wallets, CEO Ted Decker told CNBC’s Jim Cramer on Friday. His comments were in response to Cramer questioning him about whether he has seen the same signs of recession that FedEx CEO Raj Subramaniam warned of on…