IKEA's stocks back at 2019 levels in Europe as transport bottlenecks ease

investing.com By Anna Ringstrom STOCKHOLM - Warehouses for IKEA stores in Europe are as full as they were before the pandemic after an easing of transport bottlenecks in the region, the retail manager of Ingka Group, which owns...

Global markets follow Wall Street down

nytimes.com In Europe, the Stoxx 600 fell 1.3 percent. Spain reported its highest inflation rate in nearly 40 years. In Asia, Hong Kong’s Hang Seng lost 1.9 percent and Japan's Nikkei 225 closed down 0.9%.The yield on the U.S....

Factbox-Companies offering abortion travel benefits to U.S. workers

investing.com - A growing number of companies, including JPMorgan Chase & Co (NYSE:JPM), Amazon.com Inc (NASDAQ:AMZN), Tesla (NASDAQ:TSLA) Inc, and Walt Disney (NYSE:DIS) Co are updating or changing their health insurance policies...

Bed Bath & Beyond CEO steps down

investing.com - Bed Bath & Beyond Inc (NASDAQ:BBBY) said on Wednesday Chief Executive Mark Tritton has stepped down and independent director Sue Gove has taken his place on an interim basis. By Supantha Mukherjee and Anna...

Carnival Plunges as Morgan Stanley Says Another Demand Shock Could Send Shares to $0

investing.com By Senad Karaahmetovic Morgan Stanley analyst Jamie Rollo has remained cautious on the Underweight-rated Carnival Corp. shares after another “chunky forecast cut.” The analyst slashed the price target to a new...

As Bulls Pile on to China Stocks Rally, One Fund Stays Cautious

investing.com -- Thornburg Investment Management Inc. isn’t in a rush to join a growing chorus of China bulls, as lingering uncertainties over Beijing’s Covid Zero policy and tech regulation warrant caution amid the frenzy. We are...

H&M Shares Rise After Q2 Profit Beat

investing.com By Scott Kanowsky Investing.com -- Shares in H&M rose in early trading on Wednesday, after the fast-fashion giant reported a 33% year-on-year jump in second quarter pre-tax earnings, beating expectations. The...

Marketmind: When bad data is just that

investing.com A look at the day ahead in markets from Julien Ponthus. Much of the market rebound from the lows hit on June 17 was credited to data being arguably bad enough to encourage central banks to go easy on their aggressive...

Fashion retailer H&M's second-quarter profit beats expectations

investing.com STOCKHOLM -Sweden's H&M, the world's second-biggest fashion retailer, on Wednesday reported a 33% growth in quarterly profit which beat expectations, as shoppers thronged its stores in the aftermath of the...

Where have all the shareholder activists gone? Campaigns slow amid market turmoil

investing.com By Svea Herbst-Bayliss, Patturaja Murugaboopathy and Simon Jessop - Activist investors intent on shaking up Corporate America may be getting cold feet as new data points to a slowdown of campaigns as markets gyrate...

Fashion retailer H&M's second-quarter profit beats expectations

reuters.com Sweden's H&M, the world's second-biggest fashion retailer, on Wednesday reported a 33% growth in quarterly profit which beat expectations, as shoppers thronged its stores in the aftermath of the pandemic.

Companies Scramble to Work Out Policies Related to Employee Abortions

nytimes.com Few companies have commented directly on the Supreme Court's ruling in Dobbs v. Jackson Women’s Health Organization. Far more have responded by expanding their health care policies to cover travel and other expenses...

Companies Scramble to Work Out Policies Related to Employee Abortions

nytimes.com Few companies have commented directly on the Supreme Court's ruling in Dobbs v. Jackson Women’s Health Organization. Far more have responded by expanding their health care policies to cover travel and other expenses...

H&M closes Shanghai flagship store, hurt by lockdowns and consumer backlash

investing.com SHANGHAI - H&M has shut its flagship Shanghai store, its latest closure in China where consumer demand has slumped amid COVID-19 lockdowns and the fast-fashion retailer has borne the brunt of a backlash against...

Zendesk Nears Agreement With Group Led by H&F, Permira

bloomberg.com Zendesk Nears Agreement With Group Led by H&F, Permira  Bloomberg