Royal Caribbean Group and Carnival Corp will push ahead with a return to cruises this summer despite two guests onboard a test run for Royal Caribbean's Celebrity Millennium ship testing positive for COVID-19. | Video
(Reuters) -Campbell Soup Co on Wednesday slashed its forecast for annual earnings after the company's quarterly results fell short of estimates, hurt by higher costs related to raw materials and transportation. | Video
Mattel Inc said on Friday it was recalling some models of Fisher-Price baby rockers following reports of four infant deaths and the toymaker asked for the product not to be used due to risk of suffocation.
June 3 General Motors Co said Wednesday it
expects first half profits will be "significantly better" than
previously forecast, in part because of success shifting scarce
semiconductors to boost production of highly profitable trucks
in North America.
(Reuters) -Ralph Lauren Corp forecast on Thursday full-year revenue growth below analysts' estimates, as the high-end apparel maker remains cautious of fresh lockdowns, store closures and curbs in some of its markets from a new wave of virus cases.
(Reuters) -Target Corp on Wednesday posted quarterly sales that surged about 23%, raising hopes of booming demand through the year as consumers flock to stores and shop for more than just essentials. | Video
(Reuters) -U.S. department chain Macy's Inc on Tuesday raised its annual sales and profit forecasts, as speedy vaccinations encourage Americans to return to its stores to upgrade their wardrobes after being stuck at home for more than a year.
(This May 14 story corrects to fix typos in first and penultimate paragraph.)
Oprah Winfrey-backed vegan milk maker Oatly is aiming for a valuation of about $10 billion in a U.S. initial public offering, following increasing consumer demand for plant-based dairy.
Beyond Meat Inc on Thursday reported a wider quarterly loss than expected, as the plant-based meat maker incurred higher freight costs, spent heavily on testing new product launches, and sold less to pandemic-hit restaurants.