President Joe Biden on Wednesday declined to speak at length about reports that said liberal Supreme Court Justice Stephen Breyer is retiring, though he joked about nominating Cummins CMI, +1.43% CEO Tom Linebarger. "There has been no announcement from Justice Breyer. Let him make whatever statement he's going to...
Consumer Financial Protection Bureau director Rohit Chopra said Wednesday the government agency is seeking public comment as part of an effort to curb hidden "junk fees" charged by banks. "The CFPB is interested in hearing about people's experiences with fees associated with their bank, credit union, prepaid or credit...
Starbucks Corp. SBUX, -1.11% has launched its first energy drink, Starbucks Baya Energy, available at grocery stores and other retailers. The new beverage will be available at U.S. Starbucks locations starting March 1. Starbucks Baya Energy contains caffeine from coffee fruit and vitamin C, and comes in flavors including...
GoBrands Inc., which does business under the name Gopuff, has hired bankers about an initial public offering roughly six months after the Philadelphia-based grocery and liquor delivery company was valued at about $15 billion. The company is working with Goldman Sachs Group Inc. GS, -0.54% and Morgan Stanley MS,...
Shake Shack Inc. SHAK, -1.04% launched a limited-time Buffalo-spice menu that includes a Buffalo Chicken sandwich and Buffalo-spiced French fries with cheese, starting Tuesday for customers using the app. The menu will be available nationwide from Jan. 28 through April 25. The burger chain is also introducing two limited-time...
Stocks ended lower Tuesday after another volatile session as investors await the outcome of a meeting of Federal Reserve officials. The Dow Jones Industrial Average DJIA, -0.19% ended with a loss of around 68 points, or 0.2%, near 34,297, according to preliminary figures, after dropping more than 800 points...
Victoria's Secret & Co. VSCO, -0.73% said Tuesday that it has entered into a joint venture agreement with Regina Miracle International (Holdings) Limited to operate Victoria's Secret stores and the online business in China. Victoria's Secret will own 51% of the venture, and Regina Miracle, the remaining 49%. Victoria's...
Shares of F5 Inc. FFIV, -2.44% fell more than 17% in the extended session Tuesday after the software company reported quarterly earnings and sales above Wall Street expectations but said supply-chain snags are crimping its ability to meet increased demand. F5 said it earned $94 million, or $1.51 a...
The American Petroleum Institute reported late Tuesday that U.S. crude supplies declined by 872,000 barrels for the week ended Jan. 21, according to sources. The API also reportedly showed a weekly inventory climb of 2.4 million barrels for gasoline, while distillate supplies fell by 2.2 million barrels. Crude stocks...
President Joe Biden is slated to meet Wednesday with CEOs from a number of companies as he tries again to push for passage of his social-spending and climate bill, according to multiple published reports. General Motors GM, -1.41% CEO Mary Barra, Ford F, -2.01% CEO Jim Farley, Microsoft MSFT,...
