Business
PepsiCo Cuts 2026 Earnings Forecast as North American Recovery Takes Longer Than Planned
PepsiCo warned on Thursday that its North American recovery is taking longer than planned, forcing the company to lower its 2026 earnings…
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US Stock Indexes Open Lower as Oil Prices Top 105 Dollars per Barrel
US stock indexes opened lower as surging crude oil prices crossed 105 dollars per barrel and Treasury yields climbed near multi-decade highs.
Business
Levi Strauss Raises Profit Guidance While Lowering Revenue Forecast
Levi Strauss raised its full-year profit guidance on Wednesday, citing a 4.9 percentage point boost to operating margins from tariff refunds.
Business
Levi Strauss Raises Profit Forecast as Revenue Growth Outlook Softens
Levi Strauss raised its full-year profit forecast to $1.54–$1.56 per share on October 7, 2026, bolstered by tariff refunds that widened operating…
Business
Lululemon Appoints Athleta CEO Maggie Gauger as President and Chief Product Officer
Lululemon has appointed Athleta CEO Maggie Gauger as its president and chief product officer, a newly created role taking effect later this…
Business
S&P 500 Retreats From Record as Elevated Yields Keep Traders on Guard
The benchmark 10-year Treasury yield hit 5.365% on Wednesday before a strong $39 billion debt auction helped stocks pare their losses and…
Business
US Crude Oil Inventories Drop More Than Expected to 424.1 Million Barrels
United States crude oil inventories dropped more than expected during the final week of September and early October, declining by 3.2 million…
Business
Jaguar Unveils £130,000 Type 01 Electric Car in New York Reboot
Jaguar has unveiled its £130,000 Type 01 grand tourer in New York, marking an all-electric reboot for the historic British brand.
Business
Brazil Coffee Exports Hit 20-Month High in September
Brazil exported 235,800 tons of green coffee in September, reaching its highest volume in 20 months.
Business
Walmart Launches Weeklong Deals Event With Discounts On Tech And Home
Walmart launched its weeklong Walmart Deals savings event on October 5, 2026, offering widespread discounts across tech, home, and apparel with no…
Business
Gold Prices in Egypt Hold Steady as Global Bullion Rates Edge Lower
Gold prices in Egypt held steady on Tuesday morning, with 21-karat gold trading at 6,140 pounds per gram as global bullion prices…
Business
FinCEN Withdraws Crypto Mixing and Unhosted Wallet Rules
Bitcoin's value dipped marginally by under 1% to near $85,690 as the Financial Crimes Enforcement Network withdrew two contentious cryptocurrency proposals targeting…