Business

The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Kohl’s on Thursday named interim CEO Tom Kingsbury to the post on a permanent basis. He took over as interim CEO in December after former …

Jeffrey Coolidge | Photodisc | Getty Images Black Americans are roughly three to five times more likely to face an IRS audit than other taxpayers, according to a new study. While there isn’t evidence of explicit discrimination from the IRS or its revenue agents, the findings show the disparity stems …

In this photo illustration, the Penn Entertainment logo is displayed on a smartphone mobile screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Penn Entertainment on Thursday became the first U.S. gambling company to post a profit in its sports betting business during the final three months of …

Ford CEO Jim Farley takes off his mask at the Ford Built for America event at Fords Dearborn Truck Plant on September 17, 2020 in Dearborn, Michigan. Nic Antaya | Getty Images DETROIT – Ford Motor is set to report its fourth-quarter earnings after the bell Thursday. Here’s what Wall …

Governor of the Bank of England Andrew Bailey has talked down expectations that the central bank is readying to pause or pivot rate hikes. Yui Mok | Afp | Getty Images LONDON — The Bank of England on Thursday talked down expectations that it is readying to pause or pivot …

U.S. Federal Reserve Chair Jerome Powell addresses reporters after the Fed raised its target interest rate by a quarter of a percentage point, during a news conference at the Federal Reserve Building in Washington, February 1, 2023. Jonathan Ernst | Reuters Here are the most important news items that investors …

Ferrari CEO Benedetto Vigna poses for a photograph as Ferrari unveils a new long term strategy, in Maranello, Italy, June 15, 2022. Flavio Lo Scalzo | Reuters Ferrari on Thursday reported full-year profits up 13% year over year and guided to an even stronger year in 2023 on what its …

Greenwashing should be seen as a positive sign that companies are moving in the right direction, according to the founder of British energy firm Ecotricity. “It’s everywhere,” Dale Vince told CNBC’s Tania Bryer. “But you know, I take it as a good thing. People say to me, ‘oh, there’s greenwashing, …

Sherwin-Williams Co: “I want to own it. I’ll tell you why. Everything that they could possibly say negative about it is out there. I want to come out with a more positive thesis.” XPO Inc: “Let’s wait for it to come down a little.” related investing news Upstart Holdings Inc: …

Alaskan oil extraction site. Lowell Georgia | Getty Images The Biden administration on Wednesday recommended a scaled-down version of a major oil drilling project in the North Slope of Alaska, taking a step toward approving the $8 billion Willow plan that climate groups have long condemned. The Interior Department’s Bureau …