As the US — and everywhere else — has digested multi-year inflation, pressure has mounted disproportionately on the restaurant sector.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
WPP issued a reduction of its profit outlook for the second time in consecutive quarters on Thursday, citing major headwinds.
The good news is that GM generated about $3.1 billion in profit in the quarter. The bad news is that this is the only good news.
The European Space Agency has contracted Elon Musk’s SpaceX to launch navigation satellites next year, The Wall Street Journal reported.
Tesla was a notable absentee from this week’s Shanghai Auto Show, where Volkswagen and other carmakers debuted new offerings.
Apple never wants you to lose your keys again. The company filed two patents for digital car key pairing.
Choice Hotels International went public on Tuesday with a nearly $8 billion hostile bid to acquire Wyndham Hotels and Resorts.
Health insurance costs are expected to surge by as much as 6.5% next year, according to a recent survey from consulting firm Mercer.
Toymaker Hasbro crushed expectations in its latest quarter, but its annual guidance hasn’t been updated to consider potential tariffs.
A scale back in production was inevitable to achieve positive cash flow. But can Hollywood’s streaming era survive with fewer new TV shows?
On Thursday, Ikea announced that cooling inflation means it can finally return to its customer-friendly ways.
Chinese raw materials companies are cozying up with battery makers in Morocco and South Korea as a way of bypassing US restrictions.
It was only last year that 737 felt like the number of scandals Boeing was embroiled in, rather than the name of its narrow-body aircraft.
With Hollywood conquered, Netflix has a new goal: reach a $1 trillion market cap by 2030, according to a Wall Street Journal report.
Banks pocketed huge sums in the first quarter from equities because the “increased market volatility” triggered a rush on transactions.
As a share of US GDP, the manufacturing sector has decreased from a nearly 25% peak in the 1950s to about 11% today.