The Los Angeles Post
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Today: March 22, 2025
Today: March 22, 2025
Granth Vanaik

Granth Vanaik

Staff Writer

Latest From Granth Vanaik

Business|Finance|Stock Markets|US

Kellanova, WK Kellogg shares slump on first day after spinoff

Shares of Kellanova fell more than 7% on Monday after the packaged food giant, previously known as Kellogg Company, completed the spinoff of its

Kellanova, WK Kellogg shares slump on first day after spinoff
Business|Finance

DoorDash projects core profit above estimates on steady demand

DoorDash forecast fourth-quarter core profit above estimates after topping quarterly revenue expectations on Wednesday, boosted by an uptick in customer orders for food,

DoorDash projects core profit above estimates on steady demand
Business|Finance|Stock Markets|Technology

Instacart sees upbeat core profit on higher transaction, ad fees

Instacart on Wednesday forecast fourth-quarter core profit above Wall Street estimates in its first earnings report since going public in September, powered by higher

Instacart sees upbeat core profit on higher transaction, ad fees
Business|Economy|Lifestyle|Technology

What is China’s Singles Day, and how is it celebrated?

Black Friday? No. Cyber Monday? Nope. Prime Day? Absolutely not. The world's biggest shopping event happens in China each year - and it's called Singles Day.

What is China’s Singles Day, and how is it celebrated?
Business|Finance|Stock Markets|US

Tyson Foods forecasts downbeat annual revenue on slowing meat demand

Tyson Foods on Monday forecast revenue for its next fiscal year below Wall Street estimates after missing fourth-quarter revenue expectations, hit by

Tyson Foods forecasts downbeat annual revenue on slowing meat demand
Lifestyle|Travel

Travelers ready to set sail on cruises at record levels next year

Next year is looking like a banner year for cruise vacations, as travelers across all income and budget levels have been booking

Travelers ready to set sail on cruises at record levels next year
Business|Economy|Finance|Technology

Chinese e-commerce platform Temu drawing shoppers from US dollar stores -data

Temu, the fast-growing Chinese e-commerce platform selling $4 home decor and $10 shirts, is successfully taking on U.S. dollar stores

Chinese e-commerce platform Temu drawing shoppers from US dollar stores -data
Business|Economy|Finance|Stock Markets|US

Tyson Foods posts better-than-expected Q1 results; beef business swings to loss

Tyson Foods beat market expectations for first-quarter revenue and profit on Monday, in first signs demand for its meat products is beginning to recover

Tyson Foods posts better-than-expected Q1 results; beef business swings to loss
Business|Finance|Stock Markets|Technology

DoorDash projects upbeat 2024 core profit on robust delivery demand

DoorDash projected annual core profit largely above expectations and beat fourth-quarter revenue estimates on Thursday, signaling more customers used its online delivery

DoorDash projects upbeat 2024 core profit on robust delivery demand
Business|Travel

Carnival will not sail through Red Sea in 2024, early next year, CFO says

Cruise operator Carnival said on Wednesday it will probably not be sailing through the Red Sea region for the rest of this year and early next year

Carnival will not sail through Red Sea in 2024, early next year, CFO says
Business|Finance|US

Nordstrom to evaluate founding family's interest in pursuing take-private deal

Nordstrom said the founding family behind the department store chain had shown an interest in pursuing a potential go-private deal, prompting the company's board to form a

News|US

US sues to block merger of Coach and Michael Kors handbag makers

The U.S.

US sues to block merger of Coach and Michael Kors handbag makers
Business|Finance|Stock Markets|US

Mattel's quarterly loss smaller than expected as cost cuts pay off

Mattel posted a smaller-than-expected loss for the first quarter on Tuesday, helped by the Barbie maker's tight leash on costs while demand remains tepid for its toys.

Mattel's quarterly loss smaller than expected as cost cuts pay off
Business|Finance|Food|US

Chipotle lifts annual sales forecast as customer traffic holds up despite uncertainties

Chipotle Mexican Grill raised its full-year sales forecast on Wednesday, on the back of resilient demand for its burritos and rice bowls despite higher menu prices.

Chipotle lifts annual sales forecast as customer traffic holds up despite uncertainties
Business|Finance

Soaring cocoa prices put spotlight on Hershey, Mondelez earnings

Hershey and Mondelez International investors will be eager to see how the chocolate makers plan to tackle the recent surge in cocoa and sugar prices when they report first

Soaring cocoa prices put spotlight on Hershey, Mondelez earnings
Business|Finance

Walmart to shut all health clinics in US over lack of profitability

Walmart

Walmart to shut all health clinics in US over lack of profitability
Business|Finance|Stock Markets

Cruise operator Viking shares rise 9% in New York debut

Shares of Viking Holdings rose 9% in their debut on the New York Stock Exchange on Wednesday, giving the travel and cruising company a valuation of $11

Cruise operator Viking shares rise 9% in New York debut
Business|Finance|Stock Markets|Technology|US

DoorDash disappoints Wall Street with downbeat quarterly core profit

Shares of DoorDash sank more than 14% in extended trading on Wednesday after it projected second-quarter core profit below estimates, signaling that

DoorDash disappoints Wall Street with downbeat quarterly core profit
Business|Economy|Finance|Stock Markets|US

Tyson Foods shares suffer worst one-day decline in a year over demand concerns

Tyson Foods shares suffered their worst one-day decline in a year on Monday after the U.S. meatpacker warned that consumers are under pressure from

Tyson Foods shares suffer worst one-day decline in a year over demand concerns
Business|Technology|US

Instacart partners with Uber to offer food delivery services to customers in US

Instacart customers will now be able to use the grocery delivery platform's app to order from hundreds of thousands of Uber Eats restaurant partners across the U.S., as

Instacart partners with Uber to offer food delivery services to customers in US
Business|Economy|Finance|Stock Markets|US

Elf Beauty projects annual sales, profit below estimates despite upbeat Q4

Elf Beauty projected annual sales and profit below Wall Street expectations on Wednesday, in a sign that sticky inflation has left little room for Americans to spend on

Elf Beauty projects annual sales, profit below estimates despite upbeat Q4
Business|Finance|US

Viking gains after wave of bullish Wall Street coverage initiations

Several Wall Street brokerages, including J.P.

Viking gains after wave of bullish Wall Street coverage initiations
Business|Finance|Stock Markets

Gap surges as apparel maker's turnaround strategy pays off

Shares of Gap soared about 28% on Friday after the apparel retailer lifted its full-year sales target, indicating that its effort to revitalize the business by bringing in

Gap surges as apparel maker's turnaround strategy pays off
Business|Finance

Dollar Tree explores sale of struggling Family Dollar banner

Dollar Tree said on Wednesday it was exploring options, including a potential sale or spinoff of its Family Dollar banner, as it looks to

Dollar Tree explores sale of struggling Family Dollar banner
Business|Economy|News|US

How US industries deal with extreme heat

By Granth Vanaik and Arriana McLymore Extreme heat has companies in the United States changing the way they work. One frequent response: work less.

How US industries deal with extreme heat

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