Lachlan Murdoch’s moves so far are clearly those of someone who came of age during an era of rapidly advancing digitization.
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Both companies have been desperate to innovate beyond their current injectable GLP-1 weight-loss drugs for a while now.
Demand for copper, already one of the most commonly used metals in the world, has surged amid the AI computing boom.
So far this year, a basket of six global tobacco stocks have produced an average total return of 43%, according to The Wall Street Journal.
Starbucks is said to be entertaining bids from about 10 would-be buyers that value its Chinese operations at up to $5 billion.
According to US Customs, untaxed “de minimis” shipments accounted for 92% of all cargo entering the US, or 4 million packages a day.
China’s pharmaceutical sector, a minor player just years ago, has revved up into a global juggernaut faster than a Fuxing high speed train.
More than 94 million pet-owning US households are expected to spend $157 billion on their little Lunas and Rexes this year.
In an interview with the Financial Times, BYD’s executive vice president Stella Li said just a handful of China’s 130 EV-makers will survive.
McDonald’s is battling its own industry over fast food workers’ pay, which it believes should be better, and tips, which it opposes.
So far, Tesla has launched limited rideshare services in Austin and the Bay area, and it’s looking to expand into Florida, Arizona and Nevada.
The department store also seems cautiously optimistic for the holidays, raising its profit forecast for the year.
Warren Buffett may be on the way out, but his word still has weight; shares of Kraft Heinz fell 7% Tuesday.
The Department of Defense is trying to counter increasingly savvy Chinese military research and development.
Whether it pursues the box office or not, Netflix is clearly interested in catering to the extroverts among us.