Dick's Sporting Goods Cuts Guidance Amid Athletic Sector Challenges
The retailer lowered its operating income outlook, citing increasingly tough conditions in the athletic footwear and apparel markets.
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Scotiabank Earnings Lifted by Record Result in Wealth Management
Bank of Nova Scotia notched a rise in third-quarter earnings, driven by strong results across its business lines that included a record result from its global wealth management and global banking and markets operations.
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Bank of Montreal Plans to Buy Back Shares After Earnings Hit by Charge
Bank of Montreal aims to launch a share-buyback program after notching improved results from its operations in the latest quarters, despite being slugged by a charge from the sale of assets.
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OnlyFans Paid $700 Million Dividend to Founder Year Before He Died
The online platform, widely known for its explicit content, was a reliable cash machine despite employing fewer than 50 people.
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Nvidia Has Become a Banker to the AI Boom, Putting It on Dangerous Ground
The financial engineering the company is using to keep revenue growing introduces risks that could eventually cause real pain.
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Oura and Dunkin' Get Ready to Join IPO Bonanza
Investors are sizing up the parade of new offerings expected in coming months.
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Hyundai Motor, Union Reach Wage Deal to End Walkouts
The tentative wage agreement ends months of on-and-off walkouts that have disrupted production at the Korean automaker.
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One of Taiwan's Biggest AI Winners Isn't a Chip Maker
Taiwan's richest person rode the AI boom but his company has nothing to do with technology-it's a furniture-component maker called King Slide Works.
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Woodside Puts 'Everything on the Table' in Review of Beaumont Facility
Chief Executive Liz Westcott said the review reflected a shift in international policy positions and slack demand for lower carbon ammonia.
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Lego Sales Growth Outpaces Global Toy Market to Hit New Record
Lego reported record sales for the first half of the year as it launched hundreds of new products.
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Zohran Mamdani Is Turning His Fire on Amazon
The socialist mayor has taken the retail giant to task over the status of delivery workers, the sale of illegal e-bikes and fines for idling vehicles.
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EV-Maker Polestar Says Trump Administration Strung It Along Before U.S. Ban
The Chinese-owned automaker told dealers it is still trying to understand why it is being banned from the U.S. market.
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California Cancels Paramount Meeting, Citing Leaks
The two sides were scheduled to discuss a settlement of a multistate antitrust lawsuit aiming to block the Paramount-Warner merger.