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Dollar General has over 20,000 stores. Its CEO says it has the opportunity to add thousands more in the long run.In 2026, Dollar General plans to open 450 new stores, the company said on Thursday. That’s a slower pace compared to the 575 it planned for 2025.But CEO Todd Vasos said that the chain has identified about 11,000 places in the continental US where it could open a Dollar General store in the future.On the company’s third-quarter earnings call on Thursday, an analyst asked if Dollar General executives see expansion opportunities as other chains, such as rival Family Dollar and…
Ulta Beauty on Thursday raised its full-year sales outlook after topping Wall Street’s fiscal third-quarter expectations and seeing shoppers splurge on perfumes, skincare items and more.The beauty retailer said it now expects net sales for the year to be approximately $12.3 billion, higher than its previous expectations of $12 billion to $12.1 billion. That would would represent an increase from last fiscal year’s net sales of $11.3 billion. It expects earnings per share of $25.20 to $25.50, up from its prior expectations of $23.85 to $24.30.It anticipates comparable sales, a metric that includes sales at stores open at least 14 months…
In March of 2020, Netflix infused $11 million into a production company to complete the first season of “White Horse,” a futuristic sci-fi series it hoped to bring to its platform.Carl Rinsch — the director, writer, and showrunner of “White Horse” — never finished the 12 episodes he was supposed to deliver.But a short time after he got the cash, Rinsch spent millions of dollars on furniture, cars, credit card bills — and a whole lot of takeout.According to testimony at his criminal trial on Thursday, Rinsch spent a total of $9.14 million through a personal bank account with funds…
NEW YORK — Starbucks Workers United held a rally outside the Empire State Building on Thursday as its open-ended strike entered its third week and no signs of an impending resolution.Adding to the crunch of holiday shoppers and tourists, several hundred picketers gathered outside of the famous landmark, which is also the site of a swanky three-floor Starbucks Reserve location and the company’s regional headquarters. Members of other unions, like the AFL-CIO and Service Employees International Union, which is affiliated with Workers United, protested alongside baristas, chanting “No coffee, no contract” and “What’s disgusting? Union busting” between speakers.”Their fight is…
It was a rough November for some of the biggest teams at a renowned hedge fund behemoth.Izzy Englander’s $81 billion Millennium suffered significant losses in its index-rebalance portfolios last month, several people told Business Insider.Teams run by star money managers Glen Scheinberg and Pratik Madhvani were down hundreds of millions of dollars, these people said, though the final losses for the month are not clear, as the strategy had a small bounceback at the end of November. Millennium declined to comment.The index rebalance pain was a big reason why the firm posted November returns below those of its peers such…
A Justice Department memo obtained by NPR says detention centers should no longer be inspected using standards specifically designed to keep LGBTQ and intersex inmates safe. Andrew Harnik/AP hide caption toggle caption Andrew Harnik/AP The Department of Justice has instructed inspectors to stop evaluating prisons and jails using standards designed to protect transgender, intersex and gender-nonconforming people from sexual violence, according to an internal memo obtained by NPR. This population is uniquely vulnerable to attacks while incarcerated, data shows, and advocates say the change will put such people in even more danger. The memo explains that DOJ is in the…
Reporter: Noah SheidlowerFeatures editors: Bartie Scott, Andy Kiersz, Hayley Peterson Herrin, Brad DavisAs-told-to editors: Lauryn Haas, Jane Zhang, Tess Martinelli, Manseen Logan, Debbie StrongCopy editor: Tracy ConnorDesign & development: Eason Xinran Wang, Randy Yeip, Bryan EricksonPhoto editors: Jorge Castillo, Isabel Fernandez-Pujol, Rebecca ZisserPhotographers: Cassidy Araiza, Corrie Aune, Bridget Bennet, Jesse Brantman, Michael J. Fiedler, Brittany Green, Tim Gruber, Jason Henry, Brooke Herbert, Clark Hodgin, Shuran Huang, Nilo Jimenez, Melyssa St. Michael, Mark Petty, Valerie Plesch, Alyssa Schukar, Katie Shaw, Nate Smallwood, Laura Thompson, Katrina Ward, Matt Martian Williams, Cornell Watson, Annie FlanaganAudience: Corina Pintado, Victoria Gracie, Hannah KennedyVideo producer: Sarah…
The Financial Accounting Standards Board issued an accounting standards update Thursday providing authoritative guidance on the accounting for government grants received by business entities.The amendments in the ASU build on earlier guidance from 2021 on business assistance disclosures to address requests from investors for increased transparency about government grants. However, FASB’s stakeholders had complained that they still needed more specific guidance on recognition, measurement and presentation.The amendments in the update include disclosure requirements about the nature of government grants, the accounting policies applied to them, along with significant terms and conditions. The amendments also define government grants and clarify their…
(L-R) Tech billionaire Michael Dell and his wife Susan Dell and President Donald Trump Chip Somodevilla/Getty Images North America The Treasury Department and the Internal Revenue Service have given a general overview of how Trump Accounts work and addressed certain initial questions about creating initial and rollover accounts, which are a new type of IRAs.Notice 2025-68 covers the $1,000 pilot program contribution, other contributions — including qualified general contributions and Section 128 employer contributions — eligible investments, distributions, reporting and coordination with the rules applicable to other types of IRAs.The release of the guidance coincided with Dell Technologies founder and CEO…
From a sheer numbers standpoint, our family would qualify as high-earners. My husband earns a healthy salary and bonuses from his corporate job, while I bring in extra cash from my freelance business.We’re considered HENRYs — high earners, not rich yet. We’re also millennials, with student loans, high interest rates, kids, and the rising cost of living to contend with. Here’s how we make our money work for us.We live on a budgetOne of the earliest pieces of financial advice I ever received was to live on a budget, regardless of your income. Initially, I scoffed at the idea. Isn’t…