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Month: May 2018

Earnings

Fitbit sees weak tracker sales hurt second-quarter revenue

May 3, 2018 admin 0

Wearable device maker Fitbit forecast current-quarter revenue below Wall Street estimates on Wednesday as the company expects further sales declines for its fitness tracking devices. The company’s core wearable fitness trackers business has fallen sharply […]

Business News

10% of Adidas products in Asia are fakes, CEO says

May 3, 2018 admin 0

Counterfeit goods remain a big problem for global retailers, especially in Asia, the chief executive officer of Adidas told CNBC Thursday. The German brand has calculated that up to 10 percent of the Adidas-branded products […]

Retail Business

Black men arrested at Starbucks settle for $1 each

May 3, 2018 admin 0

Two black men arrested for sitting at a Philadelphia Starbucks without ordering anything have settled with the city for a symbolic $1 each and a promise from officials to set up a $200,000 program for […]

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  • Here are the winners and losers from the first quarter of 2019
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  • Farm Belt faces an expensive cleanup after already-costly record flooding
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