Laya Neelakandan

Articles by Laya Neelakandan

How Kohl's lost its way β€” and is trying to become relevant again - CNBC

Business June 28, 2026

Kohl's was once a retail darling, carving out market share as a department store catering to the middle-income American consumer with coupons and deals that drove loyalty. But over the past five yeaοΏ½...

Rise in memory chip costs puts pressure on retailers of laptops and smartphones - CNBC

Business June 27, 2026

HP computers at a Best Buy store on Black Friday in New York, Nov. 28, 2025. As the global artificial intelligence race accelerates, memory chips are getting more expensive. As a result, costs of soοΏ½...

FedEx posts strong earnings results in last quarter with freight business - CNBC

Business June 25, 2026

FedEx on Tuesday reported earnings that beat Wall Street expectations on the top and bottom lines. The earnings report marked the last quarter that includes the company's freight business, which spuοΏ½...

Companies start getting tariff refunds after Supreme Court decision - CNBC

Business May 14, 2026

Months after the Supreme Court ruled some tariffs were unconstitutional, the first round of tariff refunds has begun flowing in. Oshkosh Corporation CFO Matt Field confirmed to CNBC that the companyοΏ½...

Weight loss and hair loss: The growing hair treatment market from GLP-1s - CNBC

Health May 3, 2026

When Branneisha Cooper first began taking GLP-1 injection Mounjaro in late 2022, she heard online that she could experience temporary hair thinning and prepared for the worst. But it would take abouοΏ½...

Nike cuts 1,400 roles in second round of layoffs this year - CNBC

Business April 24, 2026

Nike announced a new round of layoffs on Thursday impacting approximately 1,400 roles across the organization, mostly concentrated in its technology department. In a note from COO Venkatesh AlagirisοΏ½...

Constellation Brands, U.S. maker of Modelo and Corona, withdraws 2028 guidance due to uncertainty - CNBC

Business April 10, 2026

Constellation Brands, U.S. maker of Modelo and Corona, withdrew its previously issued fiscal 2028 outlook on Wednesday and reported slightly weaker demand as consumers navigate a rapidly evolving macοΏ½...

E.l.f. Beauty posts earnings beat, raises full-year guidance - CNBC

Business February 6, 2026

E.l.f. Beauty reported a huge earnings beat Wednesday and raised its guidance for the fiscal year. E.l.f. stock was up as much as 15% in after-hours trading before losing the majority of those gainsοΏ½...

Startup backed by Altman, JPMorgan announces capital lending partnership with Amazon - CNBC

Business December 17, 2025

Slope, a lending startup that uses artificial intelligence to vet businesses, is partnering with Amazon starting Tuesday to provide a reusable line of credit to Amazon sellers, backed by a JPMorgan CοΏ½...

Fanatics launches prediction market in 24 states - CNBC

Business December 4, 2025

Sports merchandiser Fanatics announced Wednesday it's launching Fanatics Markets, its own prediction market, in 24 states this week, including California, Texas, Florida and Washington. The platformοΏ½...