Business and Finance

financial news, stocks, investing, and market trends, as well as stories on major companies and their leaders.

Lionel Messi in Miami, boosting Major League Soccer ticket sales

[colabot8] Lionel Messi celebrates his second goal of the game between Honduras and Argentina at Hard Rock Stadium in Miami on September 23, 2022. Sportswire icon | Sportswire icon | Getty Images It’s been three days since soccer legend Lionel Messi shocked the soccer world by announcing his move to MLS club Inter Miami FC …

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What Tesla EV charging deals with Ford, GM means for the industry

[colabot8] TESLA logo on a charging station on May 26, 2023 in Merklingen, Germany. Harry Langer/ | Pictures of Defodi | Getty Images Within weeks, Ford Motor, General Motors And You’re here seem to have changed the course of electric vehicle charging infrastructure in North America. Tesla owners have long enjoyed reliable charging away from …

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DG, CRM, IA, CHWY and more

[colabot8] A sign is displayed outside a Dollar General store in Vallejo, California, March 17, 2022. Justin Sullivan | Getty Images Find out which companies are making the biggest moves at midday. General dollar – Shares fell nearly 20% after the company reported a first-quarter profit and revenue loss. The company also cut its outlook …

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Senate must consider bill, Schumer seeks to fast-track vote

[colabot8] U.S. Senate Majority Leader Chuck Schumer (D-NY) speaks during a press conference following the Senate Democrats Policy Luncheons at the U.S. Capitol in Washington, DC on May 31, 2023. Mandel Ngan | AFP | Getty Images WASHINGTON — Senate Majority Leader Chuck Schumer will try to push through the Senate on Thursday a bill …

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Trump discussed a classified document he kept after leaving the White House

[colabot8] Former U.S. President Donald Trump tours the driving range, meets fans and watches the second round of LIV Golf DC at Trump National Golf Club, Washington, DC in Sterling, Virginia on May 27, 2023. Kyle Mazza | Anadolu Agency | Getty Images A recording of former President Donald Trump shows him acknowledging that a …

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Walmart WMT will change packaging to reduce waste

[colabot8] Walmart is replacing plastic envelopes with paper envelopes that customers can recycle. walmart BENTONVILLE, Ark. —‎‏ Buyers who click the “buy” button on walmartThe website and curbside pickup will soon see a difference: new packaging. The nation’s largest retailer will implement changes to eliminate waste across its business, it announced on Thursday. Walmart will …

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Private sector payrolls rose by 278,000 in May, well above expectations, according to ADP

[colabot8] A customer walks past a hiring sign displayed outside a Ross Dress For Less store on April 7, 2023 in Novato, California. Justin Sullivan | Getty Images The U.S. labor market posted another month of surprising strength in May, as businesses added jobs at a rate well above expectations, according to a report released …

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Macy’s (M) Q1 2023 results

[colabot8] Macy’s beat Wall Street earnings expectations on Thursday but cut its full-year forecast after discretionary selling weakened significantly in March. The shares fell as much as 10% in premarket trading. The department store operator, which includes its namesake brand, Bloomingdale’s and beauty chain Bluemercury, said it now expects sales of $22.8 billion to $23.2 …

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OPEC excludes some journalists from the WSJ, Reuters and Bloomberg from the meeting

[colabot8] The OPEC logo is pictured at OPEC headquarters on October 4, 2022. In October last year, the oil cartel announced its decision to cut production by two million barrels a day. Joe Clamar | AFP | Getty Images OPEC reporters from three major news outlets were not invited to oil producer alliance meetings this …

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