business
Bed Bath & Beyond Quarterly Loss Narrows, Expects Revenue Growth Next Year
Bed Bath & Beyond’s loss narrowed in its latest quarter and the retailer said it expects revenue growth next year. Shares rose in after-hours trading. Source link
Whirlpool’s Sales Edge Higher
Jim Peters, the company’s chief financial and administrative officer, said he expects the momentum to continue, as items—including a refreshed lineup of KitchenAid appliances—secure the company more space on retail floors. Source link
‘CBS Evening News’ Co-Anchor John Dickerson Leaving Network
The move comes after Bari Weiss started as editor in chief of CBS News earlier this month. Source link
Tech, Media & Telecom Roundup: Market Talk
Find insight on CAE, CSE Global, Nuix and more in the latest Market Talks covering technology, media and telecom. Source link
Exxon Mobil Sues California Over Looming Climate Disclosure Rules
The oil giant says the Golden State’s requirements rely on a framework that unduly blames big companies such as itself for climate change. Source link
Janus Henderson Gets $46-Per-Share Offer From Trian, General Catalyst
Trian Fund Management and General Catalyst offered to acquire Janus Henderson for $46 a share in cash, claiming the asset manager would operate better as a private company. Source link
Lululemon Athletica, NFL Launch Team-Branded Apparel Collection
Lululemon Athletica and the National Football League are launching an apparel collection covering all 32 teams in the league. Source link
Keurig Dr Pepper Turns to Private Equity to Back $18 Billion Deal
The financing would aid Keurig Dr Pepper’s takeover of JDE Peet’s and eventual split into two companies. Source link
Carter’s to Reduce Office Workforce by 15% as Tariffs Hit Earnings
Carter’s said it would close about 150 stores in North America and reduce its office workforce by about 15%, cutting roughly 300 positions as tariffs drag down its earnings. Source link
American Water Works, Essential Utilities to Combine to Create $40 Billion Utility
American Water Works and Essential Utilities agreed to merge in an all-stock deal, creating a water-and-wastewater utility company with a combined market capitalization of about $40 billion. Source link