Shein says it is profitable as IPO rumors swirl
Customers hold shopping bags outside the Shein Tokyo showroom in Tokyo, Nov. 13, 2022. Noriko Hayashi | Bloomberg | Getty Images Shein notched its highest […]
Breaking News: Business
Ford pushes back EV target, warns of wider losses
Ford CEO Jim Farley poses for a photo at the launch of the all-new electric Ford F-150 Lightning pickup truck at the Ford Rouge Electric […]
‘Barbie’ box office dominates Monday, Tuesday
Barbie The Movie Courtesy: Warner Bros. It’s Barbie’s world and we’re just living in it. The Warner Bros. flick based on Mattel’s iconic fashion doll […]
Volkswagen, Xpeng to develop two new electric vehicles for China
Volkswagen and Xpeng will jointly develop two new VW-brand EVs for China based on Xpeng’s electric G9. Chen Dongqiu | Visual China Group | Getty […]
Chipotle Mexican Grill (CMG) Q2 2023 earnings
A Chipotle restaurant in New York, US, on Monday, July 3, 2023. Jeenah Moon | Bloomberg | Getty Images Chipotle Mexican Grill on Wednesday reported […]
Boeing has lost $1.5 billion developing Starliner spacecraft for NASA
Boeing’s Starliner spacecraft is seen before docking with the International Space Station on May 20, 2022 during the uncrewed OFT-2 mission. NASA Boeing on Wednesday […]
Gap taps Mattel executive Richard Dickson to be its new CEO
Pedestrians walk past Old Navy and GAP stores in Times Square, New York City. Drew Angerer | Getty Images Gap announced Wednesday it’s poached a […]
Boeing (BA) Q2 2023 earnings
An employee walks past a Boeing 737 Max aircraft seen parked at the Renton Municipal Airport in Renton, Washington, January 10, 2020. Lindsey Wasson | […]
Jeep, Dodge maker Stellantis posts first-half revenue jump, confirms 2023 guidance
Carmaker Stellantis on Wednesday posted a 12% year-on-year jump in net revenues and 37% spike in net profit for the first half of 2023, boosted by higher […]
LVMH says luxury customers not shopping as much
Luxury behemoth LVMH on Tuesday reported a surprising drop in U.S. sales in the second quarter, as its chief financial officer said «aspirational customers are […]