Tag: Financial Performance

Suit accuses Pepsi company of price discrimination

The Federal Trade Commission sued PepsiCo on Friday, alleging that it has engaged in illegal price discrimination by giving unfair price advantages to...

Tesla reports 1.1% sales drop for 2024, first annual decline in at least 9 years

DETROIT -- Tesla's global sales rose 2.3% in the fourth quarter after a sluggish start to the year that contributed the electric car...

The Container Store, buffeted by rough housing market, seeks bankruptcy protection

NEW YORK -- The Container Store has filed for bankruptcy protection as the storage and organizational goods retailer with roots dating back to...

US home sales rose in November to fastest pace since March

Sales of previously occupied U.S. homes rose in November to their fastest pace since March as home shoppers were encouraged by a wider...

Capybaras take their turn as the holiday season's 'it' animal

ST. LOUIS -- The world’s largest rodent is having a big moment.The capybara – a semi-aquatic South American relative of the guinea pig...

Macy's offers a mixed outlook after reporting third quarter profit and sales declines

NEW YORK -- Macy's profit and sales slumped in the third quarter with many customers of the department store chain continuing to divert...