Walmart says price hikes are coming this month and in the summer. You can thank tariffs on imports for them.
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“Any potential cost savings based off a vehicle’s lower-than-average carbon footprint could influence more price-conscious consumers.”
Robert “Kelly” Ortberg, an industry veteran, will take over as Boeing’s CEO on Aug. 8, inheriting its financial woes.
Uber announced a new partnership with BYD to get 100,000 of its drivers into the company’s electric vehicles.
US cattle inventories have been battered by drought, leading to record beef prices and a long road to bringing them down.
Suppliers are upset Temu is swapping to a more Amazon-esque supplier model and trying to drive prices ever-downward.
Vitol Group, the world’s largest independent oil trader, has paid around a record $6.4 billion in share buybacks to its employee-owners.
McDonald’s warned that customers might be getting sick of price hikes. It was right. Sales fell year-over-year for the first time since 2020.
Aibnb is branching out beyond short term rentals as it faces falling travel demand and regulatory pushback from some cities.
Pioneering online education company 2U filed for bankruptcy, even as the public writ large has gradually embraced online learning.
Taylor Swift may be signed to the label, but Universal Music Group somehow can’t find a way to make its business work.
A patent for generative neural network-based ultrasounds from medical device firm Philips could provide more data to develop AI innovations throughout…
Elon Musk’s Boring Company has held talks with the Federal Railroad Administration about building a multi-billion dollar Amtrak tunnel.
Skechers, known for its comfortable and affordable sneakers, agreed to a $9.4 billion deal to be taken private by 3G Capital.
President Trump wants to bring film-making back to Hollywood by imposing 100% tariffs on movies produced outside of the US.
The delay of Grand Theft Auto VI’s release threw a multibillion dollar wrench in forecasted revenues for a gaming industry in need of a hit.