Starbucks is partnering with Grubhub to help boost growth by further capitalizing on the increasing demand for delivery services.  On Thursday, the companies touted in a joint statement that Starbucks had been the most searched merchant even though it wasn't available on Grubhub’s marketplace. Starting next month, that will change. Starbucks orders will be available in select markets in Pennsylvania, Colorado and Illinois in June, the companies said. Ticker Security Last Change Change % SBUX STARBUCKS CORP. ...

Nvidia CEO Jensen Huang got the rock star treatment this week touring Taiwan, his birth country, while here in the U.S. investors continued to treat the stock, which is the biggest proxy for artificial intelligence, as a sure thing.  The chipmaker’s market value of $3.01 trillion surpassed Apple’s by a slim margin and trailed only Microsoft, the world’s largest company. It is the third U.S. company on record to close above the $3 trillion market cap milestone, as tracked by Dow Jones Market Data Group. Just ...

TJX Companies – the parent company of retail stores such as TJ Maxx, Marshalls and HomeGoods – is equipping employees with body cameras to thwart theft.  Over the past year, the company started using body cameras in certain stores across its U.S. portfolio, which also includes Sierra and Home Sense, as a means to "de-escalate incidents, deter crime, and demonstrate to our Associates and customers that we take safety in our stores seriously," a TJX Companies spokesperson told FOX Business.  The cameras are w ...

Dollar General is employing new measures to crack down on rampant retail theft that it says has been the most problematic problem for the business. The company said it plans to remove items that are frequently stolen and eliminate self-checkout options from thousands of additional stores.It's part of the company's ongoing effort to eliminate shrink, which "continues to be the most significant headwind," CEO Todd Vasos told analysts during an earnings call. Shrink is an industry term referring to lost or sto ...

Costco Wholesale beat third-quarter revenue expectations on Thursday, as cash-strapped consumers flocked to its warehouses to grab low-priced groceries and discretionary items. The membership-only retailer saw resilient demand for its groceries and bakery items as consumers grappling with still-high cost of living preferred cooking more meals at home.With consumers trading down to shop for low-priced goods across product categories, the company also saw steady demand for its low-priced discretionary items. ...

McDonald's U.S. President Joe Erlinger is trying to dismantle rumors that the company significantly pumped up prices beyond inflationary rates.  "Recently, we have seen viral social posts and poorly sourced reports that McDonald’s has raised prices significantly beyond inflationary rates. This is inaccurate," Erlinger wrote in a note to customers Wednesday. Although high-priced burgers exist, he said that this is an exception, not the norm.  MCDONALD'S CEO: CALIFORNIA MINIMUM WAGE HIKE DRIVING LABOR INFLATI ...

JPMorgan Chase CEO Jamie Dimon told analysts and investors Monday that he's likely to depart from the company within the next five years as his succession plan starts to come into focus. Dimon made the comments during a question-and-answer session with analysts at JPMorgan Chase's annual investor day. His remarks included a notable shift from his past comments on succession planning, though he opted against giving a definitive timeline."The timetable is not five years anymore," Dimon said. When he has previ ...

A prominent business leader and one of the Republican Party’s top donors didn’t mince words when reacting to President Biden’s now repeated, incorrect inflation claim. "Why do liars lie? Because they lie. That's why you call them a liar," former Home Depot co-founder and CEO Ken Langone said on "The Ingraham Angle" Tuesday."That's the most absurd remark in the world to say that inflation was 9% when he came in," he continued. "It was... 1.4%." In a recent interview with Yahoo! Finance, Biden touted his admi ...

Walmart is about to have hundreds fewer people working in corporate offices, and remote workers are being asked to return to offices, the Wall Street Journal reported Monday. The U.S. retailer is asking workers at offices in Dallas, Atlanta and Toronto to relocate to Walmart's corporate base in Bentonville, Ark., a northeast office in Hoboken, N.J., or a central hub in southern California, according to the Journal, which cited people familiar with the situation.The company will allow what is referred to as ...

Walmart, the largest retailer and private employer in the U.S., will serve as a valuable tool in gauging inflation when it reports earnings Thursday. The retailer is a key indicator of how consumers are holding up, providing a sharper lens on household spending in comparison with the government's consumer price index, which showed that inflation ticked up more than expected in March. Ticker Security Last Change Change % WMT WALMART INC. 60.48 +0.04 +0.07% Telsey Advisory Group estimates the retail behemoth ...