Bed Bath & Beyond is lining up $1 billion in funding in a last-minute attempt to avoid bankruptcy and turn around its ailing business. It’s also closing more stores.
Starbucks Corp. reported first-quarter earnings and sales that just missed analysts’ expectations as its results were weighed down by dismal results in China.
Amazon reported better-than-expected fourth-quarter sales, but a loss on its stake in electric-truck maker Rivian Automotive took a big bite out of its profits.