Equinox's $40,000-a-year membership has a waiting list of more than 1,000 people, as demand for luxury health and wellness programs soars, according to the company's chairman.The high-end fitness chain's "Optimize by Equinox," launched in 2024, is one of the most expensive gym memberships in the world and includes everything from...
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Under mounting toy pressures, Hasbro has a secret sauce that Mattel hasn’t matched
The gap is widening between rival toy makers Hasbro and Mattel — thanks in part to a 30-year-old trading card game. The toy giants have flip-flopped dominance in the space for decades, jockeying for the most coveted master licenses to put new fan favorites — Disney princesses and "Star Wars"...
Berkshire was a net seller of stocks in Buffett’s final quarter as CEO
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.)Berkshire was a net seller of stocks in Buffett's final quarter as CEOZoom In IconArrows pointing outwardsBerkshire has sold...
Here are 3 forces that drove the stock market during Wall Street’s comeback week
The stock market staged a comeback last week, even as Wall Street waded through a flurry of both upbeat and unsettling headlines. The Nasdaq broke its five-week losing streak on Friday, buoyed by strong advances from our big tech names like Meta Platforms , Nvidia and Amazon . The tech-heavy...
Amazon surpasses Walmart in annual revenue for first time, as both chase AI-fueled growth
Signs for Walmart (L) and Amazon.Getty ImagesFor the first time, Amazon has dethroned Walmart as the company with the largest annual revenue. Walmart on Thursday reported annual revenue of $713.2 billion for its most recent fiscal year, shy of Amazon's $716.9 billion in revenue. The milestone was brewing for months,...