corporate strategy
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Costco discussing membership rate hikes after renewals hit 90%
Costco Wholesale Corp. is talking over membership fee hikes after reporting an all-time renewal rate high of 90%. The last…
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Salesforce earnings expected to serve as business-spending bellwether amid economic uncertainty
Salesforce.com Inc. is expected to have a much more subdued earnings report in the coming week as fear of a…
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Wendy’s stock rallies 15% as Nelson Peltz’s hedge fund Trian discloses nearly one-fifth stake in company
Wendy’s Co. shares rallied in the extended session Tuesday after Nelson Peltz’s activist hedge fund Trian Partners disclosed a huge…
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The U.S. isn’t headed for recession. Nor will it be consumed by inflationary fires.
“Some say the world will end in fire,” goes a famous Robert Frost line. “And some say in ice.” If…
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Playboy once helped fund the battle for abortion access — and its support for reproductive rights ‘is not going to change,’ CEO says
It’s a point of pride for the chief executive of Playboy parent PLBY Group Inc. to recall the role the…
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PayPal borrows $3 billion to help fund debt buyback plan
PayPal Holdings Inc. hit the market on Monday with a $3 billion corporate bond financing to help the online money-transfer…
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AppLovin stock jumps more than 20% as execs consider selling one business as the other finds a new gear
AppLovin Inc. shares rallied in the extended session Wednesday after the app-monetization company’s executives said they expect about $2 billion…
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Beset by challenges with its Alzheimer’s drug, Biogen pivots
Biogen Inc.’s BIIB, +2.14% decision to let go of its CEO and scrap commercial plans for its controversial Alzheimer’s disease…
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Starbucks adding more drive-throughs to boost North American business
Starbucks Corp. stock rose 5% in after-hours trading Tuesday after the coffee chain reported fiscal second-quarter earnings within expectations, highlighting…
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Atlassian co-founder becomes largest shareholder at Australia’s biggest polluter to force change
SYDNEY — Billionaire Mike Cannon-Brookes, hoping to force greenhouse-gas emission cuts at Australia’s biggest polluter, has bought a stake in…
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