Stock News
People are spending $300 billion a year on this product. Why some experts say they should stop.
Tapestry Inc.’ stock jumped 6.8% early Thursday, while Capri Holdings Inc.’s stock fell about 4%, after Tapestry said it’s terminating its $8.5 billion merger agreement with its smaller rival.
Stock News
General Mills is buying its fifth pet food business. Here’s why it could fetch more growth.
From an estimated $150 billion of spending in 2024, the category is expected to mushroom up to roughly $200 billion by 2030, according to estimates from Bloomberg Intelligence.
Bigger may not be better — or it may be just what you need — but there are other factors.
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