Angela Palumbo Chewy Inc. (CHWY) is not immune to the issues caused by supply chain disruptions, which have resulted in low stock on some of its most popular products. Along with supply chain issues, labor shortages, inflation and a decline in pet adoptions have all...
By: Francisco Velasquez Best Buy Co Inc. (BBY) reported better than expected third quarter earnings ahead of the holiday season. The electronic retailer is anticipating strong consumer demand, but is expecting supply chain constraints, delays, increased costs and...
By Angel Adegbesan Uber Technologies Inc. launched a new carpooling feature for its rideshare platform as a way to recover from increases in costs of rides. UberX Share allows the option of cheaper rides by sharing a ride with one other person, in addition to the...
By Olivia Morley Pinterest Inc. said its monthly active users (MAUs) declined to pre-pandemic levels in the September quarter, but have been stable since then. The company said MAUs in the U.S. declined 10% in the September quarter to 89 million, down from 98 million...
By Jessica Lerner Discovery Inc. has reaffirmed its commitment to its direct-to-consumer business. The company has brought on former top Walt Disney Co. executive Kevin Mayer to consult on the future of streaming at the company, CEO David Zaslav said during...
By: Denny Jacob Good news is always worth advertising. Twitter Inc. (TWTR) said its advertising side of the business is on solid footing even as other social-media companies deal with stiff headwinds related to Apple Inc.’s recent privacy measures. One reason why...
Welcome to Investment Journal, a site covering the world of business right from Times Square. The site is produced by reporters at the New York City News Service and the Craig Newmark Graduate School of Journalism at CUNY. Email your comments to greg.david@journalism.cuny.edu.
Welcome to Investment Journal, a site covering the world of business right from Times Square. The site is produced by reporters at the New York City News Service and the Craig Newmark Graduate School of Journalism at CUNY. Email your comments to greg.david@journalism.cuny.edu.