Justin Timberlake co-founds PRODA brand taking on Coca-Cola and Pepsi

Traditional soda has long faced criticism for its sugar content and limited nutritional benefits. Now, beverage companies are looking for ways to give consumers familiar flavors while adding ingredients such as protein and prebiotic fiber. Major players, including Coca-Cola, PepsiCo, and Nestlé, have been expanding their beverage portfolios as competition in the better-for-you drinks market […]

Ross Stores enters a new market as customers hunt for low prices

Ross Stores, which also owns dd’s Discounts, has recently debuted in a new market as it expands its store footprint. The move comes as it continues to build momentum with shoppers.  In the second quarter of 2026, the off-price retailer’s comparable store sales climbed 10% year over year, while its operating profit rose nearly 73%, […]

Harvey Nichols closes more stores as others are rebranded

After years of financial losses, Harvey Nichols has a new owner promising to turn around the struggling luxury retailer. But the takeover has not stopped more store closures and rebranding plans. Several locations are now set to shut down or be converted to another retail brand as the new owner reshapes the business. Founded in […]

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Economy
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October 15, 2026Affirm stock slips after US inflation data: here’s why it may fall to $60 soon

Affirm’s stock fell more than 11.5% on Wednesday to its lowest level since October 1, leaving it down 25% from its high for the year. The selloff extended after strong US inflation data pushed bond yields higher. Affirm stock drops after US inflation report Top companies in the buy now, pay later (BNPL) industry slipped […]

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Forex
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October 15, 2026Morgan Stanley Earns $3.03 a Share as Equity Trading Jumps…

Morgan Stanley reported a 41% surge in equity trading revenue to $5.80 billion in the third quarter of 2026, while its Wealth Management division attracted $232.4 billion in net new assets. The results pushed earnings to $3.03 per share, ahead of the $2.91 consensus estimate compiled by LSEG. The Wall Street bank generated $20.34 billion […]

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Investing
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October 15, 2026Bank of America (BAC) Stock at $50.23 After Q3 Earnings…

Updated 14 October 2026. Bank of America (NYSE: BAC) traded at $50.23 at 9:32 a.m. ET, down 6.9 percent from Tuesday’s $53.96 close (Yahoo Finance), after reporting third-quarter earnings of $0.91 a share on revenue of $29.96 billion (company filing). A $1.2 billion regulatory settlement cut EPS by about 17 cents; even on an adjusted […]

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October 15, 2026Nasdaq closes 1.8% lower as as hotter CPI fuels Fed rate hike fears

US stocks closed lower on Wednesday as hotter-than-expected inflation data increased expectations of further Federal Reserve interest rate hikes, weighing on technology shares and other rate-sensitive investments. The S&P 500 fell 1.08% to 7,721.49, while the Nasdaq Composite dropped 1.85% to 26,701.48. The Dow Jones Industrial Average declined 0.09%, or 45.23 points, to 51,624.87, with […]

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