Costco awarded executives hundreds of thousands in DEI-related bonuses
Costco awarded bonuses based on DEI metrics to its CEO and other execs every year since 2020, its proxy statements reveal.
Target hit with class action suit claiming they misled investors over DEI policies
Target was hit with a class action suit claiming the retailer duped investors about the company's DEI policies and tricked them into buying stock at an artificially inflated price.
Retailer Fashion Nova suppressed negative online reviews, $2.4M going to customers
The FTC is issuing nearly $2.4 million in refunds to customers who bought products from Fashion Nova before November 21, 2019, saying the company hid negative reviews.
Walmart to cut jobs, relocate some employees to main hubs
Walmart is trying to move most of its employees from smaller offices to its main hub in Bentonville, Arkansas, as well as its office in Sunnyvale, California.
XX-XY Athletics looks to redefine mainstream in 2025, eyeing women's sports star signings and hit viral ads
The startup sportswear brand XX-XY Athletics is eager to add star talent and go viral on social media in 2025 after a huge first year.
Costco, Teamsters, reach 'tentative agreement' likely averting strike as company's DEI controversy rages on
The looming threat of 18,000 Costco store employees heading to the picket lines appears less likely, with the Teamsters labor union announcing Saturday that it has reached a tentative agreement for a new contract with the grocery chain.
O'Leary rips Costco for bucking DEI trend: 'Bad for business'
O'Leary Ventures Chairman Kevin O'Leary weighs in on Costco standing firm on its DEI stance and advocates for merit-based hiring practices.
Party City is a brand that is ‘desperately needed’ in the marketplace, says Mitchell B. Modell
Former Modell’s Sporting Goods CEO Mitchell B. Modell joins ‘Maria Bartiromo’s Wall Street’ to discuss the potential revival of store chain Party City.
Top investor keeping an eye on Amazon, Target stocks
Smart Trade Pro co-founder D.R. Barton says Amazon plays a large role in the A.I. game and that Target is having a 'rebound.'
US economy grew 2.3% in the fourth quarter, slower than expected
The U.S. economy grew at a rate of 2.3% in the fourth quarter of 2024, according to a new estimate released by the Commerce Department's Bureau of Economic Analysis.
O'Leary questions Costco bucking DEI trend: 'You got to be out of your mind'
'The Big Money Show' explores companies turning against DEI policies while Costco bucks the trend.
Costco board members donated heavily to Democrats in 2024 election cycle
Multiple members of Costco's board of directors have made significant contributions to Democratic candidates or PACs.
Starbucks cutting 30% of its 'overly complex' menu
Starbucks revealed plans to cut 30% of its food and beverage offerings as it works to simplify its menu. It is part of CEO Brian Niccol's strategy to get customers back.
Kohl's cuts 10% of corporate workforce to improve profitability
Kohl’s said that it is cutting 10% of its corporate workforce as the struggling company works to improve profitability. It previously announced it would close 27 stores.
Crypto's 'next frontier' is in everyday use, tokenization: Robinhood CEO Vlad Tenev
Robinhood CEO Vlad Tenev encourages opening crypto access for real world assets, tokenizing private company stock and comments on market reaction to 'meme' stocks and the A.I.-led tech sell-off on 'The Claman Countdown.'
Costco teamster workers set to strike this week as company embroiled in DEI controversy
As Costco is embroiled in a controversy over its DEI policies, another battle is brewing with 18,000 of their own employees, who may walk off the job as soon as this week.
Target facing retribution at home for rolling back DEI initiatives
Target is not welcome at the Twin Cities Pride Festival this year despite being a longtime sponsor, organizers say, because the company recently ended some of its DEI programs.
Buc-ee's sues smaller gas station chain for copyright, arguing cartoon dog logo is too similar to its beaver
Buc-ee's sued a smaller Texas-based gas station chain, Super Fuels, on allegations of copyright infringement, claiming its logo is too similar to the Buc-ee's logo.
Why an activist investor says the battle against Costco DEI regime isn’t over
Costco rejected a bid to have their DEI policies investigated for risk Friday, but conservative activists say the fight is just beginning.
Costco rolls out new food court changes, prompting excitement among some customers
Washington-based wholesale club Costco will officially bring Coca-Cola products to its food courts in the summer, CEO Ron Vachris confirmed Thursday.