Business News

Lululemon to shutter Washington warehouse, lay off 128 employees

Lululemon is planning to shut down its Washington distribution center and lay off 128 employees after opening a massive new warehouse outside of Los Angeles, the company confirmed Friday.The athletic apparel retailer filed a WARN notice with the state's Employment Security Department on Thursday, notifying it of its plans...

Business News

Autonomous drone startup Zipline hits 1 million deliveries

Autonomous delivery drone startup Zipline said Friday that it hit its 1 millionth delivery to customers and that it's eyeing restaurant partnerships in its next phase of growth.The San Francisco-based startup designs, builds and operates autonomous delivery drones, working with clients that range from more than 4,700 hospitals, including...

Business News

FAA will require more rest time for air traffic controllers

An American Airlines Airbus A319 airplane takes off past the air traffic control tower at Ronald Reagan Washington National Airport in Arlington, Virginia, January 11, 2023Saul Loeb | AFP | Getty ImagesThe head of the Federal Aviation Administration on Friday said the agency will increase the required amount of...

Economy

Something strange has been happening with jobless claims numbers lately

Xinhua News Agency | Xinhua News Agency | Getty ImagesCalling the state of the U.S. jobs market these days stable seems like an understatement considering the latest data coming out of the Labor Department.That's because most of the past several weeks have shown that first-time claims for unemployment benefits...

Market Insider

ULTA, NFLX, AXP, IBTA and more

Check out the companies making headlines in midday trading. Ulta Beauty — Ulta Beauty shares fell 3% after Jefferies downgraded the beauty retailer to a hold from a buy rating, citing rising competition. Netflix — The streaming giant sank more than 7% after saying it will stop reporting subscriber...

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Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.

Fintech Review

With years of experience dissecting and evaluating the evolving fintech landscape, Fintech Review has become a trusted name in providing insightful, comprehensive, and unbiased reviews of tech-related financial products and services. From the latest advancements in blockchain and cryptocurrencies to cutting-edge payment platforms, robo-advisors, and beyond, Fintech Review keeps a pulse on the innovations that are redefining the financial industry.

ULTA, NFLX, AXP, IBTA and more

Check out the companies making headlines in midday trading. Ulta Beauty — Ulta Beauty shares fell 3% after Jefferies downgraded the beauty retailer to a hold from a buy rating, citing rising competition. Netflix — The streaming giant sank more than 7% after saying it will stop reporting subscriber...

Procter & Gamble (PG) Q3 2024 earnings

In this photo illustration, Pantene and Head & Shoulders hair products are displayed on July 28, 2023 in San Anselmo, California. Justin Sullivan | Getty ImagesProcter & Gamble on Friday reported mixed quarterly results but raised its full-year earnings outlook.Shares of the company were roughly flat in premarket trading.Here's what P&G...

Fintech CRED secures in-principle approval for payment aggregator license

CRED has received the in-principle approval for payment aggregator license in a boost to the Indian fintech startup that could help it better serve its customers and launch new products and experiment with ideas faster. The Bengaluru-headquartered startup, valued at $6.4 billion, received the in-principle approval from the Reserve Bank...