Fast-food chain McDonald’s, an economic indicator because of its mammoth global presence, posted its worst earnings report since 2020.
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But the ramped-up protectionist wave hasn’t extended to investor interest in new shares of Chinese companies.
Uber wants to know how you feel before you even get into your ride.
Climate litigation is rapidly transforming to offer the promise of big victories and big cash prizes for lawyers.
Novo Nordisk, maker of weight-loss drug Wegovy, struck a deal with online telehealth storefronts that sold cheap knockoffs during shortages.
A $721 million loss from equity investments in other companies pulled the entire company down to an overall loss of $654 million.
EVs cost double to operate, can travel half as far, and require recharging, which isn’t ideal for an industry operating on thin margins.
At least one PE firm has reportedly spoken with Peloton as it considers going private, but no deal is certain.
Reducing beverage-wait times is part of Starbucks CEO Brian Niccol’s turnaround plan, which includes tech updates focused on efficiency.
In 2023, roughly 42% of e-commerce orders involved a store acting as a fulfillment hub or a place where consumers can pick up or return items.
As vehicles become more connected and autonomous, they also collect a lot more data.
Oil industry titan Shell has sold millions of carbon credits linked to CO2 removal that never actually occurred, the Financial Times found.
To prepare for a slowdown of global trade, US retailers spent months building a massive inventory to prevent empty shelves.
Hertz’s recent track record leaves much to be desired: the rental-car company lost nearly $2.9 billion last year.
Investor worries about a fresh batch of US tariffs have dragged LVMH shares in Paris down 23.6% so far this year.
The company plans to seek regulatory approval for the revolutionary weight loss treatment by the end of the year.