Harley-Davidson profit slumps on sluggish demand
Harley-Davidson posted a 24% dip in third-quarter profit as customers cut back on discretionary spending due to higher borrowing costs and inflationary pressures.
Coca-Cola raises annual forecasts as demand unaffected by price hikes
Coca-Cola lifted its annual revenue and profit forecasts after beating quarterly results on the back of higher pricing, Atlanta-based company posted on Tuesday.
SEE IT: Amazon's new Prime drone in action
Amazon’s latest delivery drone, the MK30, can deliver packages weighing up to five pounds to customers through light rain in under an hour, the company announced.
Disney raises prices at California, Florida theme parks
Visitors traveling to Disneyland and Disney World will pay more money for tiered tickets and parking, the company confirmed to FOX Business on Wednesday.
PepsiCo raises profit outlook on higher prices
PepsiCo raised its annual profit forecast again this year. In addition to its beverage unit, brands in its snack business include Doritos and Cheetos.
'Bidenomics' gets pushback from Dems as economy slows: 'We have to do a better job framing this'
The Biden administration's persistent "Bidenomics" campaign is receiving renewed pushback from members of the Democratic Party in light of worsening polling and economic figures.
Hyundai and Kia recall over 3M vehicles due to fire risk, urge owners to park outside
Hyundai and Kia announced a combined recall of 3.37 million vehicles after the automakers said electrical shorts in impacted vehicles could cause fires.
Nikki Haley's vow to kill federal gas tax comes years after she supported hiking state gas tax as governor
Republican candidate Nikki Haley's plan to eliminate the federal gas tax appears to contradict a plan she proposed as South Carolina governor to increase the state gas tax.
Over 85,000 TOMY highchairs recalled over possible loose bolts that pose a fall risk for children
TOMY, a manufacturer of children’s products, has initiated a recall of 85,000 high chairs after a consumer report deemed them unsafe.
Hurricane Idalia: Florida gas contamination remains issue for drivers as storm pounds state
Hurricane Idalia slammed Florida as a Category 3 storm on Wednesday. A gasoline contamination issue impacted several filling stations in cities across the state.
Juul Labs ‘substantially reducing headcount’ to save money ahead of litigation settlements
Juuls Labs announced on Wednesday it was ‘saying goodbye to highly valued team members’ to hedge economic and compliance-related headwinds, impacting 250 people on the company’s staff.
Wegmans glitch double-charges credit card users: 'Check your bank account'
A glitch in the Wegmans system one day this month affected both in-store and online orders, the company said.
Target’s Pride merchandise leads to sales slump
Target's second-quarter store sales and revenue fell amid the ongoing consumer backlash from the retailer’s Pride and transgender merchandise, the retail-chain company reported Wednesday.
Shopper shocked by nearly $2,800 grocery bill: ‘Panic mode’
A women from Ohio was sent into a panic when her order for $282 in groceries from Kroger resulted in an erroneous charge of nearly $2,800.
Coach owner Tapestry to buy Versace, Michael Kors parent Capri in deal worth $8.5B
Coach parent Tapestry will acquire Capri Holdings for $8.5 billion in cash to create a U.S. fashion house that can compete with larger contemporaries in Europe.
McDonald's gets sales boost from Grimace, higher menu prices
McDonald's exceeded Wall Street expectations on Thursday and said its global comparable sales added 11.7% in the second quarter, beating analysts' average estimate of an 8.88% increase.
American Express reports record spending: ‘We feel really confident’
American Express said on Friday it took in a record $15.1 billion over the second quarter as card members spent more on its credit cards. Its results beat Wall Street estimates.
Mom-and-pop restaurant revolt forces Big Tech vendor Toast to rescind its surprise fees on American diners
Big Tech restaurant point-of-sale vendor Toast Inc. was forced to rescind its sudden new fees on consumers following a nationwide revolt by mom-and-pop restaurateurs.
US regulators planning major antitrust lawsuit against Amazon: Report
The FTC is reportedly planning to take legal action Amazon.com's online marketplace for rewarding online merchants that use its logistics services and penalizing firms that don't.
States with highest, lowest credit card debt burdens ranked in new report
A report by CreditCards.com found that Mississippi had the highest credit card debt burden in the U.S. when factoring in household income while Massachusetts had the lowest.