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Retail

Food safety scandals continue to haunt Chipotle

Chipotle (CMG) was still recovering from a string of food safety lapses that occurred in 2015. The prolonged crisis had…

P&G reports mixed results for Q4, shares drop

The Procter & Gamble Company (PG) beat analyst expectations on earnings but missed out on revenue for its final quarter…

Walmart takes a step closer towards building video streaming service

There were rumor mills suggesting that Walmart (WMT) is mulling a subscription streaming video service to battle with peers Netflix…

Earnings preview: Market bullish on Shopify ahead of Q2 results

There are multiple factors that make Shopify (SHOP) a distinctive entity in the Wall Street, such as its diverse product…

Overseas sales boost Under Armour topline in Q2

On Thursday, Under Armour (UA, UAA) witnessed a surge in its share price after the company beat top-line estimates during…

Loyalty members, sales push Starbucks profit higher in Q3

Coffee-shop chain Starbucks posted third-quarter earnings on Thursday, with net revenue jumping 11% to a record $6.3 billion. Profit was…

Face-Off: Amazon’s facial recognition tool really messed up this time

Amazon’s (AMZN) facial recognition tool Rekognition misidentified 28 Congress members as illegal suspects. The tool was tested by the American…

LIVE BLOG: Amazon Q2 2018 earnings call

Amazon shares are up about 3.2% at 6 PM ET Conference call ends Seeing good traction in Prime memberships Amazon's…

Amazon stock climbs as profit hits new high in Q2

Amazon.com Inc. (AMZN) posted second-quarter earnings on Thursday, riding way past analyst expectations. Sales numbers, however, slightly missed the mark.…

McDonald’s earnings soar 12% in Q2 2018

McDonald’s Corporation (MCD) beat analyst expectations for its second quarter 2018 results despite posting a 12% decrease in revenues. Consolidated…