McDonald’s (MCD) Q2 2025 earnings
McDonald’s on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations as buzzy promotions helped its U.S. restaurants rebound. Despite the chain’s improved performance this quarter, executives are still worried about the economic health of the low-income consumer. McDonald’s is working with its U.S. franchisees on ways to make its core menu items more […]
Trump’s new tariffs start today. Here’s who’s getting hit, and by how much.
“Reciprocal” levies are due to kick in Aug. 7 — with some exceptions.
ESPN streaming service to launch August 21
A general view of the ESPN Monday Night Countdown booth prior to the game between the Jacksonville Jaguars and the Cincinnati Bengals at EverBank Stadium in Jacksonville, Florida, on Dec. 4, 2023. Mike Carlson | Getty Images ESPN will launch its new flagship streaming service — also named ESPN — on Aug. 21. Disney’s ESPN […]
Warren asks FTC to consider blocking Dick’s-Foot Locker merger
Foot Locker and Dick’s Sporting Good stores. Reuters Sen. Elizabeth Warren is calling on the FTC and DOJ to consider blocking Dick’s Sporting Goods’ proposed acquisition of Foot Locker, writing in a letter to the agencies that the merger could cut jobs, raise prices and reduce competition. The missive, sent Tuesday evening, asks the agencies […]
Why Nvidia and other chip stocks are shrugging off Trump’s latest tariff threat
Trump vowed to impose roughly 100% tariffs on semiconductors unless companies build in the U.S. Is it the latest installment of the “TACO” trade?
E.l.f. Beauty (ELF) earnings Q1 2026
E.l.f. Beauty’s profits fell 30% in its fiscal first quarter as new tariffs on Chinese imports begin to impact the cosmetic company’s bottom line. In the three months ended June 30, E.l.f.’s net income fell to $33.3 million, down 30% from $47.6 million a year ago. The company, which sources about 75% of its products […]
Moderna’s stock takes a hit as RFK Jr. backs out of some mRNA vaccine deals
Moderna Inc. shares are selling off Wednesday, after the Trump administration took aim at the science behind the biotechnology company’s vaccines and said it would cancel some contracts and stop funding mRNA drug development.
Candy giant Mars partners with biotech firm to gene-edit cocoa supply
Packages of M&M’s milk chocolate candy are stacked at a Costco Wholesale store on July 12, 2025 in San Diego, California. Kevin Carter | Getty Images News | Getty Images Candy maker Mars said Wednesday it’s partnered with biotech company Pairwise to speed up the development of more resilient cocoa using CRISPR-based gene editing technology. […]
Claire’s files for bankruptcy again as debt pile looms
People walk by a Claire’s store on December 11, 2024 in San Rafael, California. Justin Sullivan | Getty Images News | Getty Images Tween retailer Claire’s filed for bankruptcy protection for the second time in seven years on Wednesday in the hopes it can reorganize its business and stave off liquidation. The mall-based boutique, long […]
‘Historical trends are no longer working.’ This strategist says retail investors are completely baffling Wall Street.
Nationwide strategist Mark Hackett says the battle to control Wall Street is so far veering in favor of retail investors.
