Tag: Breaking News: Business
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Lululemon cuts annual outlook, citing ‘negative’ media commentary and disappointing product launches
Lululemon is expecting its situation to get a lot worse before it gets better, as it issued weak guidance for the full year.
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Ark Invest owns SpaceX in its venture ETF. It says Starlink alone supports $2 trillion value at IPO
Brett Winton said SpaceX’s Starlink satellite broadband network is the primary driver of ARK’s valuation thesis.
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Why institutional investors are returning to retail ‘in a very big way’
Investment transaction volumes reached more than $15 billion during the first quarter, an increase of 5% compared with Q1 2025, according to JLL.
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Eli Manning weighs in on Giants QB Jaxson Dart’s Trump rally fallout
Eli Manning spoke about political activities from athletes after Giants QB Jaxson Dart introduced President Donald Trump at a rally.
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Eli Manning’s private equity firm acquires licensing company for NFL Flag in bet on youth sports
Eli Manning’s Brand Velocity Capital announced a deal to acquire youth sports company RCX amid congressional bill to ban private equity from youth sports.
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As Honeywell Aerospace readies for its standalone debut, its CEO is forecasting big growth
By 2030 Honeywell is targeting annual earnings of at least $6.5 billion and full-year free cash flow of at least $4 billion.
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Uber slashes people division by nearly a quarter. CEO says ‘changes are necessary’
Uber said the cuts were not driven by AI, which has allowed many tech businesses to cut costs and automate workloads
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Sellers are pulling homes off the market at the fastest pace since 2020
Frustrated sellers are pulling their homes off the market at an increasingly high pace, as demand weakens and bidding wars wane.
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Mortgage rates are easing slightly, but homebuyers are retreating
Mortgage rates fell slightly last week, but neither current homeowners nor potential homebuyers were inspired. Demand for mortgages fell overall.
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