Investors are seizing on any sign inflation has peaked as a reason to snap up beaten-down shares. Just look at housing stocks. Source link Source link
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The company has cut its target for this year’s ad revenue to $10 billion from at least $12 billion, CEO Shou Zi Chew told staff in recent weeks. Source link Source link
Read MoreDemand for products from CoverGirl makeup to Hugo Boss cologne is rising in every region, Coty says. Source link Source link
Read MoreView gallery Image Credit: Todd Williamson/January Images/Shutterstock Longtime friends Selena Gomez and Francia Raisa seem to have had a bit of a falling out. It all started with Selena’s Rolling Stone interview, where she commented on her celebrity friendships. “I never fit in with a cool group of girls that were celebrities,” Selena told the mag. “My only friend […]
Read MoreWestern sanctions brought Russia’s car industry to a screeching halt earlier this year. As it restarts, it is emerging smaller, technologically backward and more isolated—a foreshadowing of what could be in store for the rest of the embattled Russian economy. Within weeks of Russia’s invasion of Ukraine, most Western car companies curtailed operations in the […]
Read MoreThe world’s largest oil companies continue to reap rewards from sustained high commodity prices as Exxon XOM 2.93% Mobil Corp. reported almost $20 billion in profit, its most lucrative quarter ever, while rival Chevron Corp. CVX 1.17% reported just a slight dip from the record haul it set in the prior quarter. Despite the hefty […]
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