Industries

Inflation & Prices

Walmart Blames Upcoming Price Hikes on Tariffs

Photo by David Montero via Unsplash

Walmart says price hikes are coming this month and in the summer. You can thank tariffs on imports for them.

2 min read

Photo by Stock Birken via Unsplash

Consumer

Prada Defies Luxury’s Slump

Prada reported retail sales across its brands rose 18% last year as the company reportedly gears up to buy Versace from Capri Holdings.

1 min read
Photo by Choo Yut Shing via CC BY 2.0

Consumer

Bubble Tea Chain Mixue Leads Hong Kong IPO Revival

The biggest restaurant chain in the world just completed a splashy IPO — and you’ve likely never heard of it.

2 min read
Photo by Jetcityimage via iStock

Healthcare

Eli Lilly Wants to Bring Pharmaceutical Production Back to the US

Eli Lilly last week announced a $27 billion investment in four different domestic manufacturing plants to boost weight-loss drug production.

1 min read

Industries

Thinning Cattle Herds Drive US Beef Prices to Record Highs

Photo by Monika Kubala via Unsplash

US cattle inventories have been battered by drought, leading to record beef prices and a long road to bringing them down.

2 min read

Consumer

Airbnb Reinvents Itself to Regain Rizz

Photo by Raysonho via CC0 1.0

Aibnb is branching out beyond short term rentals as it faces falling travel demand and regulatory pushback from some cities.

1 min read

Industries

Elon Musk’s Boring Company Gets Bite at Major Amtrak Contract

Photo by Steve Jurvetson via CC BY 2.0

Elon Musk’s Boring Company has held talks with the Federal Railroad Administration about building a multi-billion dollar Amtrak tunnel.

2 min read

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