Claire’s owner Ames Watson feuds with Asia suppliers during bankruptcy
Chris Ratcliffe | Bloomberg | Getty Images Tween retailer Claire’s is facing legal challenges from some of its Asia-based suppliers over millions in unpaid debts as it tries to emerge from a second bankruptcy under new ownership, according to claims the suppliers filed in Hong Kong. The clash with vendors Continue Reading
Wall Street deals 2025 under Trump: Tariffs, uncertainty slow M&A
The Wall Street Bull statue covered in snow on Nov. 15, 2018. Erik Mcgregor | Lightrocket | Getty Images Wall Street expected U.S. mergers and acquisitions to roar back in 2025. The reality was something closer to fits and starts. Following the re-election of President Donald Trump more than a Continue Reading
Nike’s turnaround is delayed but not derailed. We think it’s worth the wait
Nike stock sank Thursday evening, even after the sportswear maker delivered better-than-expected quarterly results. While management said it is in the middle innings of its turnaround, severe issues in China and a weak outlook discouraged investors. Total revenue in the company’s fiscal 2026 second quarter increased 1% year over year Continue Reading
Trump’s trade war is changing how supply chain stocked up for holidays
Olga Rolenko | Moment | Getty Images The latest CNBC Supply Chain survey provides new data on how the global trade war has influenced this year’s holiday shopping season, and one more signal that consumer spending is holding up reasonably well amid concerns about affordability across the U.S. economy. But Continue Reading
Nike (NKE) Q2 2026 earnings
A shopper carries Nike bags in San Francisco, California, US, on Wednesday, Dec. 17, 2025. David Paul Morris | Bloomberg | Getty Images Nike is expected to report earnings after the bell Thursday as Wall Street eyes the company’s progress in reigniting its business. The sneaker company is just over Continue Reading
Chipotle launches high-protein snacks, including meat in a cup
Chipotle will debut a High Protein Menu on Tuesday, December 23, with items ranging from 15 to 81 grams of protein per item. Source: Chipotle Mexican Grill Chipotle Mexican Grill is entering the snack business. The fast-casual giant announced Thursday it will roll out its first-ever “High Protein Menu” later Continue Reading
Activist Elliott builds Lululemon stake, suggests CEO candidate
The corporate logo for Lululemon is displayed at their store at the Westfield UTC shopping center on Nov. 3, 2025 in San Diego, California. Kevin Carter | Getty Images Activist investor Elliott Investment Management has built a stake of more than $1 billion in Lululemon Athletica and is bringing a Continue Reading
Darden Restaurants (DRI) Q2 2026 earnings
An Olive Garden restaurant in Milpitas, California, US, on Tuesday, Dec. 16, 2025. David Paul Morris | Bloomberg | Getty Images Darden Restaurants on Thursday reported strong sales growth, fueled by demand at Olive Garden and LongHorn Steakhouse. For the second straight quarter, the company hiked its full-year outlook for Continue Reading
Instacart shares drop on report FTC probing company’s AI pricing tool
Shares of grocery delivery service Instacart dropped about 7% in extended trading on Wednesday, following a report that said the U.S. Federal Trade Commission has begun an investigation into the company’s pricing practices. The FTC sent a civil investigative demand to Instacart, Reuters reported, citing unnamed people. “The Federal Trade Continue Reading
What Cramer says Nike must do to accelerate its turnaround and boost its stock
Nike ‘s mission to reclaim its glory in 2026 is clear. But the pathway forward won’t be easy. With earnings out Thursday evening, the famed apparel giant’s “Win Now” initiative under CEO Elliott Hill has certainly been winning over Wall Street analysts. Hill’s strategy includes sports-centered stores and a revival of Continue Reading