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.
After years of spending big with little to show for it, Apple is attempting to rein in costs at Apple TV+.
Patents like this serve as a reminder that autonomous vehicles look like more than just cars themselves.
Activist investing firm Elliott Management has taken a significant stake in Starbucks, and has already begun pushing for strategic changes.
Novo Nordisk, maker of weight-loss drug Wegovy, struck a deal with online telehealth storefronts that sold cheap knockoffs during shortages.
Anglo American is cutting back diamond production to try to hedge against China’s continued ambivalence toward the gemstones.
Ford will spend $3 billion to expand production of its popular combustion engine large trucks; Volvo reported a record core operating profit.
Paris-based Pernod Ricard announced Wednesday that it’s selling most of its wine portfolio to a consortium of Australian wine investors.
Reducing beverage-wait times is part of Starbucks CEO Brian Niccol’s turnaround plan, which includes tech updates focused on efficiency.
PricewaterhouseCoopers’ annual Global Entertainment & Media Outlook says the media industry has plenty of reasons for optimism.
The board of directors for Macy’s unanimously voted to end negotiations with Arkhouse and Brigade to take the company private.
Roku wants to personalize movie night with generative AI.
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.