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Retailers' Problems Get Real
Merchants are selling more stuff, but now it is often at lower prices. Source link
Morgan Stanley's Profit Falls, Hurt by Lower Trading Revenue
Results show that Wall Street-style businesses like investment banking and trading are still in the doldrums. Source link
Lockheed Martin Projects Higher Sales as War Boosts Orders
The defense giant raised its sales guidance as the war in Ukraine is driving orders for missiles. Source link
Shoppers Likely Spent More Last Month as Inflation Eased
Economists expect June retail sales growth to be the strongest since January. Source link
Restricting Chip Sales to China Could Backfire on U.S., Industry Group Says
The potential limits threaten to undermine new government investments in chip-making in the U.S., the Semiconductor Industry Association warns. Source link
H&M Now Wants to Sell You Makeup, Sofas and Crocs
The retailer is moving further beyond its clothing label, doubling down on beauty products, housewares and selling other brands to draw in more shoppers. Source
SEC's Crypto Strategy Stumbles in Ripple Case
A federal judge has ruled that some sales of the XRP token aren’t covered by a 77-year-old Supreme Court test that created a definition for
EV Charging Networks Prepare for Cyberattacks
As Europe and the U.S. push to ramp up development and sales of electric vehicles, researchers are concerned that cybersecurity is being neglected. In the
Conagra Sales Rise, Profit Falls as Inflation Eases
The food manufacturer said shoppers continued to stomach rising food prices, boosting its margins and sales. Source link
Frito-Lay's Flaming Hot Sales
As consumers pull back, snack sales remain a source of strength for Pepsi and others. Source link