Fast-food chain McDonald’s, an economic indicator because of its mammoth global presence, posted its worst earnings report since 2020.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
Sony said Tuesday that Playstation 5 sales rose over the past fiscal year, but it lowered its sales guidance over the next year.
The-commerce app, which has spent a fortune marketing itself in America, is reportedly starting to hedge its reliance on the US market.
US shale producers are on the receiving end of a wild well of class-action lawsuits alleging anticompetitive behavior.
Novo Nordisk, maker of weight-loss drug Wegovy, struck a deal with online telehealth storefronts that sold cheap knockoffs during shortages.
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.
Honda may be placing its hopes on carbon capture to reach bold net-zero goals – despite the tech’s high price tag.
Reducing beverage-wait times is part of Starbucks CEO Brian Niccol’s turnaround plan, which includes tech updates focused on efficiency.
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.
The company’s Disney+ and Hulu platforms eked out $47 million in operating income. Just don’t ask about ESPN+.
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.