John Carney

John Carney

Articles by John Carney

Breitbart Business Digest: Trump Media Should Lose More Money

If Donald Trump’s social media venture is going to vindicate the faith of investors who have given it a six billion dollar market value, it must learn a critical lesson from the tech titans of the past: substantial early losses can be a harbinger of long-term success.

(CHRIS DELMAS/AFP via Getty Images)

Breitbart Business Digest: Dow 40,000

Jerome Powell might want to look away from the stock market. It’s making a mockery of the idea that financial conditions are sufficiently restrictive.

(Photo: Al Drago/Getty Images; Mark Lennihan/AP Photo; BNN)

Under Armour CEO Plank Warns Of Plunging Sales and Layoffs Ahead

On Thursday, the company reported earnings that fell short of Wall Street’s expectations and Kevin Plank, the company’s co-founder who returned to run the company in March, warned that reviving the sportswear brand will take time.

Kevin Plank

Wholesale Inventories Fell in March

American businesses are still running down wholesale inventories, Commerce Department data showed Wednesday. Inventories are goods produced for sale that have not yet been sold. Businesses tend to shrink inventories when they expect sales to fall and expand inventories when

Interior of a modern shipping company. Large shelves and racks in distribution warehouse.