Business
Winning the Tech Race: Why American CEOs Must Lead, Not Follow
The summer of 2024 is making a run for one of the most tumultuous in American political and stock market history. One presidential candidate dramatically stepped down, another barely dodged...
Barely Afloat: Will Peloton Survive the Winter?
Peloton has taken many drastic measures recently to regain its footing, including outsourcing manufacturing, agreeing to sell its products on third-party platforms, and multiple rounds of layoffs. On Thursday, Peloton...
Downturn? Walmart Lowers Profits Outlook
On Monday, Walmart announced that it was lowering its profit outlook for the second quarter of the fiscal year 2023. The company now says that its operating margin will be...
NFL Plus: National Football League to Launch Streaming Service This Summer
Back in March, The Athletic reported that the NFL was considering launching its own streaming service, possibly to be called NFL Plus. According to a briefing delivered to NFL owners...
Best Buy Posts Lower Sales But Still Beats Expectations
This week, Best Buy posted an 8 percent decline in first-quarter, same-store sales from the same time last year. But, per CNBC, the company’s decline was actually less than the...
Broadband Booms as Pay-TV Subscriptions Plummet
The nation’s major pay-TV providers may have lost nearly two million subscribers in the first quarter of this year, but at the same time, they added about one million broadband...
AMC Revenue Jumped in the First Quarter, But Skepticism Remains
Movie theater chains are one of those businesses that there was doubt that it could survive the pandemic. The chains were closed for a long period in 2020, with many...
Best Buy Dips Its Toes Into Skincare Products and Outdoor Furniture
Best Buy announced last week its entrance into a pair of new product categories that are very different from what it has traditionally sold: beauty products and outdoor furniture, CNBC...
Tesla Posts a Huge Quarter, Reporting $18.76 Billion in Revenue
Elon Musk has been in the news in recent weeks for his quest to buy Twitter, but in the meantime, one of the companies he currently leads, Tesla, posted a...
Roku Revenue Falls Short of Expectations, What Now?
Roku released its quarterly earnings this week, with revenue of $865.3 million short of expectations of $894 million, per CNBC. The earnings announcement led shares to fall by 20 percent...
Why the Military and Business Worlds Don’t Understand Each Other
Here’s What You Need to Remember: Yes, business is a competitive endeavor—but not in the same sense as the profession of arms. Caveat emptor. That’s my advice to military officials beguiled...
The FDA’s Anti-competitive E-Cigarette Restrictions Are a Small Business Killer
The FDA is putting small vape shops out of business. The vaping industry is at an inflection point. The FDA was supposed to determine which e-cigarette products would remain on...