Tag: Breaking News: Business
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Levi’s, The North Face and Columbia are turning to women to fuel their next phase of growth
Legacy apparel brands including VF Corp., Levi’s, and Columbia are investing more heavily in women’s products and marketing.
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Sandwich chain Jersey Mike’s files for IPO, reports 50% same-store sales growth in recent years
Jersey Mike’s has nearly 3,300 locations, making it the second-largest hoagie sandwich chain in the U.S. behind Subway.
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Premier Lacrosse League plans to bring in team owners by 2028 ‘or soon thereafter,’ co-founder says
Paul Rabil told CNBC he’s banking on the 2028 Los Angeles Summer Games, where lacrosse will return as an Olympic sport, to shine a spotlight on the PLL.
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Led by Buc-ee’s and new rival Dolly Parton, America’s gas station chains are in a mega-sizing era
Gas station chains led by Buc-ee’s are coming closer to rivaling America’s big box stores in size, and Dolly Parton is getting in on the retail trend.
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Ford Q2 sales drop 10.3% due to F-Series supplier issue, falling EV demand
Ford said its EV sales fell by 40.7% during the quarter compared with a year earlier, while sales of its F-Series trucks, including the F-150, fell 11%.
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Tesla deliveries jump 25% over last year, blowing past expectations
Tesla is trying to recover from consecutive annual declines in vehicle sales that were partly caused by a consumer backlash against CEO Elon Musk.
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Rivian raises 2026 delivery outlook while Lucid misses Wall Street expectations for second quarter
Rivian is increasing its delivery outlook to between 65,000 and 70,000 EVs, up from 62,000 to 67,000 units.
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Ford CEO wants level playing field with Toyota, GM imports as USMCA trade talks reopen
Ford reports it assembled more than 2 million vehicles in the U.S. last year – more than any other auto manufacturer, including 311,000 units for export.
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Volkswagen braces for boardroom showdown over historic cost-cutting plan
Volkswagen is poised for a boardroom showdown following reports that the auto giant is weighing up shutting four factories and implementing 100,000 job cuts.
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Jim Cramer says to use Wednesday’s market rotation to your advantage. Here’s how he’d play it
CNBC’s Jim Cramer said investors should use the latest market rotation to buy some of the biggest winners they may have missed.
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