Ayr Wellness misses revenue target, warns of lower Q3 growth
Ayr Wellness Inc. said Thursday its second-quarter loss widened to $38.36 million, or 56 cents a share, from a loss of $20.74 million, or 36...
Estee Lauder shares fall premarket on weak Q1 guidance
Estée Lauder shares fell 1.3% in premarket trading after the makeup giant gave weaker-than-expected guidance for its fiscal first quarter. The company's stock closed Thursday's...
New Relic to reduce workforce by 5% as part of restructuring plan
New Relic Inc. disclosed Thursday plans to cut 110 jobs, including 90 in the U.S., as part of a restructuring plan to cut costs and...
Bed Bath & Beyond says has been ‘working expeditiously’ for weeks to strengthen balance sheet
Bed Bath & Beyond Inc. said Thursday it has been working "expeditiously" for the past few weeks with external financial advisers and lenders on bolstering...
TPG weighing roughly $2 bln sale of diagnostics company Immucor: Report
TPG Inc. is considering the sale of portfolio company Immucor Inc., a Norcross, Ga.-based specialist in blood transfusion and transplantation diagnostics, according to a report...
Tesla asks Shanghai government for help securing power that is being threatened by drought: Bloomberg
Tesla Inc. and SAIC Motor Corp. have asked Shanghai's government for help secure power that is being threatened by a drought, Bloomberg News reported, citing...
Streaming usage surpasses cable for share of TV viewing for first time, Nielsen says
The use of streaming video services topped cable in July, to have the largest share of television viewing for the first time, according to Nielsen...
Private equity deal activity in July dropped sharply from year-ago level
Private equity and venture capital dollar volume for deals dropped 63% in July to $43.05 billion from $116.47 billion in the year-ago period, S&P Global...