As the US — and everywhere else — has digested multi-year inflation, pressure has mounted disproportionately on the restaurant sector.
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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+.
Tesla was a notable absentee from this week’s Shanghai Auto Show, where Volkswagen and other carmakers debuted new offerings.
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.
As the latest MLB season kicks into full gear, fans in 15 markets across the US can’t watch local game broadcasts.
Toymaker Hasbro crushed expectations in its latest quarter, but its annual guidance hasn’t been updated to consider potential tariffs.
First-quarter revenue rose, but global same-store sales grew just 1.9%, slightly below what Wall Street had predicted.
As Paramount Global very publicly pursues a sale, longtime executive Bob Bakish has found himself increasingly on the outs.
On Monday, the Financial Times said it struck a deal with OpenAI to allow the generative AI darling to license the FT’s content.
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.