NEW YORK — Stocks that traded heavily or had substantial price changes Wednesday: Foot Locker Inc., down $6.56 to $16.64. The footwear and clothing retailer slashed its earnings and sales forecast for the year. Advance Auto Parts Inc., up $2.10…
What might persuade affluent 20- and 30-somethings to give to charity? Charity Navigator, which millions of Americans use to guide their giving, is betting it has an answer to that vexing question for nonprofits: a new online platform that promotes…
NEW YORK — NEW YORK (AP) — Carlos Ghosn, the former rock star businessman who fell from grace and fled authorities smuggled in a music instrument box, is getting what his dramatic story deserves — a multi-part documentary series. “Wanted:…
NEW YORK — NEW YORK (AP) — Carlos Ghosn, the former rock star businessman who fell from grace and fled authorities smuggled in a music instrument box, is getting what his dramatic story deserves — a multi-part documentary series. “Wanted:…
Peloton managed to beat sales expectations during its fiscal fourth quarter, but the exercise equipment maker reported a bigger loss than anticipated partly due to recall costs and a shift in consumer spending. Shares plunged more than 27% before the…
BERLIN — Germany plans to ease citizenship rules under legislation approved Wednesday by the Cabinet, a project that the government contends will bolster the integration of immigrants and help an economy that is struggling with a shortage of skilled workers.…
NEW YORK — Kohl’s reported on Wednesday that both profits and sales declined in the second quarter as the department store chain wrestles with shoppers’ cautious spending in a challenging economy. But the results beat Wall Street expectations as the…
Foot Locker is cutting its full-year outlook again and pausing its quarterly dividend as sales dropped in its fiscal second quarter with consumers continuing to be more cautious about their purchases. Shares tumbled more than 27% before the market open…
JOHANNESBURG — Leaders of some of the developing world’s most important economies turned Wednesday to the main business of their summit in South Africa, a day after a speech by Russian President Vladimir Putin gave the gathering an anti-Western tinge…
WASHINGTON — A year ago, Chair Jerome Powell delivered a stark warning: To fight persistently high inflation, the Federal Reserve would continue to sharply raise interest rates, bringing “some pain” in the form of job losses and weaker economic growth.…