Consumer

Industries

Lab-Grown Diamonds? Turns Out They’re Not De Beers’ Best Friend

Photo by Tupungato via iStock

De Beers, the world’s largest diamond producer, said it plans to shutter its lab-grown jewelry brand LightBox.

2 min read

Photo by Carl Campbell via Unsplash

Industries

DoorDash Scoops up British Rival Deliveroo in Global Push

DoorDash binged Wednesday on British delivery rival Deliveroo, which it is set to acquire in a $3.9 billion deal.

1 min read
Photo by Harrison Keely via CC BY 4.0

Industries

Skechers Takes $9 Billion Buyout as Shoe Stocks Skid

Skechers, known for its comfortable and affordable sneakers, agreed to a $9.4 billion deal to be taken private by 3G Capital.

2 min read
Photo by Eric Prouzet via Unsplash

Markets

Coca-Cola Sees Glass Half Full Even as Trade War Drains Fizz From Pop Sales

Coca-Cola was one of several companies whose earnings last week flashed positive signs, despite the hail of uncertainty around tariffs.

2 min read

Consumer

Economic Anxiety Leaves McDonald’s Digesting Biggest Sales Drop in Five Years

Photo by Jason Miraples via Unsplash

Fast-food chain McDonald’s, an economic indicator because of its mammoth global presence, posted its worst earnings report since 2020.

2 min read

Consumer

Sliding LVMH Market Value Prompts Luxury Firm’s CEO to Urge US-EU Free Trade

Photo by Jérémy Barande via CC BY-SA 2.0

Investor worries about a fresh batch of US tariffs have dragged LVMH shares in Paris down 23.6% so far this year.

2 min read

Consumer

Fasten Your Seatbelts: Airlines Brace for Tariff Turbulence

Photo by Chris Leipelt via Unsplash

Airline stocks are in a prolonged nosedive: Delta, American, and United have each fallen 35 to 45% this year.

1 min read

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