Industries

International Economics

Retailers Prep for Supply Chain Breakdown

Photo by Mick Haupt via Unsplash

To prepare for a slowdown of global trade, US retailers spent months building a massive inventory to prevent empty shelves.

2 min read

Photo by Michael Vi via iStock

Autos

GM Pulls the Plug on Driverless, Brake Pedal-less, Steering Wheel-less Robotaxi

General Motors shares tumbled after the company said its driverless taxi division, Cruise, will suspend production of the Origin robotaxi.

1 min read
Photo by Jesse De Meulenaere via Unsplash

Energy

Shell Backs Off Offshore Wind

Shell has started to shop around for buyers to offload its stake in an offshore wind project off the coast of Scotland.

1 min read
Photo by Nastya Dulhiier via Unsplash

Consumer

Airlines Have Finally Hit a Ceiling on Fares

Ryanair said it had seen its profits take a 46% nosedive, and would have to offer “materially lower” airfares for the busy summer period.

1 min read

International Economics

Canada Chooses Prime Minister Set on “Dramatically” Loosening US Trade Ties

Photo by Policy Exchange via CC BY 2.0

Canada’s Liberal Party won a majority promising to distance the country from the US, a major importer of Canadian crude.

2 min read

Consumer

Looking for a Safe Haven Investment? Drive Through the Golden Arches

Photo by Daniel Way via Unsplash

As the US — and everywhere else — has digested multi-year inflation, pressure has mounted disproportionately on the restaurant sector.

2 min read

Industries

Hasbro Takes a “Wait and See” Approach to Tariffs

Photo by Maria Lin Kim via Unsplash

Toymaker Hasbro crushed expectations in its latest quarter, but its annual guidance hasn’t been updated to consider potential tariffs.

2 min read

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