For the fiscal 2022 first quarter ended July 24, La-Z-Boy's profit was lower-than-expected, but revenue was higher than expected.

Furniture maker sees supply chain disruptions, raw materials costs hitting profit margins.

Stock futures turn mixed as Wall Street awaits the start of the Fed meeting; the U.S. and the European Union enter a five-year truce over aircraft subsidies.

La-Z-Boy stock rose on Wednesday after the furniture maker posted better-than-expected fiscal-second-quarter earnings.

Stock futures rise as Walmart and Home Depot top estimates; Oracle is in talks about buying the U.S. operations of TikTok; Boeing announces a second round of voluntary buyouts.

President Trump says U.S.-China trade pact 'fully intact'; Boeing asks Spirit Aerosystems again to slash 737 MAX output; Starbucks chooses Beyond Meat rival for U.S. breakfast sandwich.

Stock futures point lower after Apple issues a revenue warning because of the coronavirus outbreak in China; Walmart reports earnings; Franklin Resources reportedly is close to buying rival Legg Mason.

While noting the combination of China tariffs and recession fears may 'frighten some to the sidelines,' analysts at Raymond James cite the furniture maker's strong balance sheet with 'no funded debt,' rising dividends since 2013, and a still 'healthy U.S. consumer.'

Shares of chair maker La-Z-Boy are rising after the company tops analysts' fiscal first-quarter earnings estimates.

High inventory and increased competition is making Canadian cannabis companies look elsewhere for growth.

Universal Studios has begun construction on Epic Universe, its third theme park planned for Florida.

But it's also introducing a few new loyalty perks.