Treasury delays deadline for small companies to file new BOI kind

Janet Yellen, U.S. Treasury secretary, on a tour of the Financial Crimes Enforcement Network (FinCEN) in Vienna, Virginia, on Jan. 8, 2024. Valerie Plesch/Bloomberg via Getty Images The U.S. Treasury Department has delayed the deadline for millions of small businesses to Jan. 13, 2025, to file a new form, known as a Beneficial Ownership Information …

Horse racing set for a resurgence within the U.S.

Horse race At the harness racing week on the Freehold Raceway in New Jersey: a reverse race with the sulky fixed in front of the horse – 1930. Robert Sennecke | Ullstein Bild | Getty Images America’s oldest horse racetrack is closing after running its last race on the final weekend of 2024.  Freehold Raceway …

Utah Center college college students studying to assume like Shark Tank founder

Student Team Just Right Clothing from Draper Park Middle School answer judges’ questions about their product. Clara Jensen @clarajensnpictures Getting funding from investors for a startup is a major challenge for most founders, including sixth graders from Draper Park Middle School, located in the Draper suburb of Salt Lake City, Utah, who are learning how …

Contained in the rise of Salt Lake Metropolis’s ladies entrepreneurs

This story is part of CNBC’s quarterly Cities of Success series, which explores cities that have transformed into business hubs with an entrepreneurial spirit that has attracted capital, companies, and employees. Fewer than 15% of businesses in Salt Lake City, Utah, are owned by women, one of the lowest reported proportions in the United States, …

Activist Barington takes purpose at Macy’s, seeks spending, real-estate fixes

People walk past the Macy’s Herald Square flagship store on November 29, 2024 in New York City.  David Dee Delgado | Getty Images Activist investor Barington Capital revealed Monday it has a position in Macy’s and wants the company to cut spending, explore selling its luxury brands and take a hard look at its real estate portfolio. It marks the fourth …

Trump-election bump: Small enterprise confidence surges

Scholars and political strategists have long observed a tendency among voters to seek change in leadership during periods of economic hardship, a phenomenon rooted in the belief that new leadership may offer solutions to pressing economic challenges. Our recent quarterly polls have highlighted small business owners’ concerns about inflation and other difficulties faced during the Biden …

Nordstrom (JWN) earnings This fall 2024

Nordstrom on Tuesday beat Wall Street’s quarterly sales expectations, as revenue grew about 4% year over year from shoppers buying clothing, shoes and activewear at both the company’s namesake department store and its off-price chain. Yet despite its better-than-expected quarter, the Seattle-based retailer gave only a slightly rosier full-year sales forecast — taking a conservative …

Lowe’s (LOW) Q3 2024 earnings

Lowe’s beat Wall Street’s quarterly earnings expectations on Tuesday, as outdoor do-it-yourself projects, the home professional business and stronger online shopping fueled sales. Yet even with the better-than-expected results, the home improvement retailer is projecting a year-over-year sales decline. The company updated its full-year guidance on Tuesday, and now expects total sales of between $83 …

Paul, Tyson struggle breaks file for largest non-Vegas boxing gate

(L-R) Mike Tyson, Nakisa Bidarian and Jake Paul pose onstage during the Jake Paul vs. Mike Tyson Boxing match press conference at Texas Live! in Arlington, Texas, on May 16, 2024. Cooper Neill | Getty Images The highly anticipated boxing match between Jake Paul and Mike Tyson has already secured its place in the record …