While reporting financial results for the fourth quarter on Thursday, Estée Lauder Cos., Inc. (EL) initiated earnings and sales growth guidance for the first quarter and for the full-year 2022. For the first quarter, the company expects earnings in a range of $1.49 to $1.61 per share and adjusted earnings […]

Fox Business Flash top headlines for August 18 Check out what’s clicking on FoxBusiness.com. Southwest Airlines is looking to boost its workforce to keep pace with the rapid resurgence in air travel and is turning to its employees for help.  The airline – which needs to "hire in large numbers" […]

Fox Business Flash top headlines for August 18 Check out what’s clicking on FoxBusiness.com. Gas demand plunged 4.8% Monday compared to the prior week as the summer driving season continues to wind down.  It's a trend that's projected to continue throughout the week, GasBuddy's Patrick De Haan told FOX Business, […]

Retail giant Walmart Inc. (WMT) reported Tuesday a profit for the second quarter that declined 34 percent from last year, hurt by lower margins and higher expenses. However, adjusted earnings per share and quarterly revenues topped analysts’ expectations. The retailer also raised its guidance for the for the full-year 2022. […]

Fox Business Flash top headlines for August 13 Check out what’s clicking on FoxBusiness.com. The Biden administration on Monday announced a historic expansion to the nation’s food stamp program, a decision that will give more than 40 million Americans about 30% more to spend on groceries while racking up billions […]

Fox Business Flash top headlines for August 13 Check out what’s clicking on FoxBusiness.com. The Biden administration this week will announce a historic expansion to the nation’s food stamp program, a decision that will give more than 40 million Americans more to spend on groceries while racking up billions in […]

Fewer than 25% intend to lure new recruits with better wages despite challenges, CIPD report shows Fewer than a quarter of UK companies struggling to hire staff after the easing of pandemic restrictions plan to increase the wages they offer to lure new recruits, according to a report. Employers’ hiring […]

Former Heinz CEO argues inflation ‘not transitory’ for consumers Former Heinz CEO Bill Johnson warns that inflation is having a ‘huge impact’ on ‘simple things, like container costs coming out of Europe or China.’ President Biden’s economic agenda has boosted wages, but millions of American workers are still being left […]