Target Will Cut Prices to Clear Out Unwanted Inventory, Taking a Profit Hit The move shows how inflation and changing consumer behavior are souring the business outlook for many retailers.
After a Bumper 2021, Companies Might Struggle to Increase Profits Businesses face headwinds as demand weakens, the Federal Reserve raises rates and government stimulus programs end.
How Jack Welch’s Reign at G.E. Gave Us Elon Musk’s Twitter Feed The onetime ‘manager of the century’ paved the way for C.E.O.s to moonlight as internet trolls.
Amazon Revenue Slows, and Costs Rise Amazon benefited from the coronavirus pandemic as people flocked to online shopping. Now, shoppers’ behavior has shifted.
Stocks drop 2.8%, led lower by tech, as April’s slump continues. Big technology companies are set to report earnings starting Tuesday. The S&P 500 has dropped nearly 8 percent this month, its worst monthly showing since March 2020.