Latest Best Buy Co Inc News

Macy's, Best Buy 4Q reports underscore consumer slowdown

Mar. 02, 2023 11:54 AM EST

NEW YORK (AP) — Quarterly earnings from Macy's and Best Buy show how Americans have pulled back their spending on clothes and gadgets as inflation strains household budgets. Macy's profit and sales in the holiday quarter slid, though it beat Wall Street expectations and its outlook...

Best Buy: Fiscal Q4 Earnings Snapshot

Mar. 02, 2023 08:17 AM EST

RICHFIELD, Minn. (AP) — RICHFIELD, Minn. (AP) — Best Buy Co. (BBY) on Thursday reported fiscal fourth-quarter profit of $495 million. The Richfield, Minnesota-based company said it had profit of $2.23 per share. Earnings, adjusted for restructuring costs and amortization costs,...

Cosori recalling 2 million air fryers for fire risk

Feb. 24, 2023 07:58 AM EST

Cosori is recalling more than 2 million air fryers sold in the U.S., Canada and Mexico because their wire connections can overheat and cause a fire risk. The U.S. Consumer Product Safety Commission announced the recall Thursday. The agency said consumers should stop using the air...

Delivery driver guilty of killing woman, setting fire

Jan. 25, 2023 17:42 PM EST

WEST PALM BEACH, Fla. (AP) — An appliance delivery man was convicted Wednesday of beating a 75-year-old woman to death and setting her on fire at her Florida home. A Palm Beach County circuit judge convicted Jorge Dupre Lachazo, 24, of first-degree murder, burglary and arson...