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 Ja San Miguel via Unsplash

Consumer

PepsiCo Adds Tortilla Chip Aficionado to Its Portfolio

PepsiCo announced on Tuesday that it has agreed to buy Siete Foods for $1.2 billion, another food M&A deal this year.

1 min read
Photo by Daniel Shapiro via Unsplash

Industrials

Boeing Weighs $10 Billion Stock Sale Amid Costly Strike

Boeing is considering an emergency move: selling $10 billion in new stock to score some quick cash amid a union strike.

2 min read
Photo by Monika Flueckiger, World Economic Forum via CC BY-SA 2.0

Real Estate

Murdoch’s REA Group Abandons Takeover Bid for Rightmove

News Corp subsidiary REA Group abandoned its monthlong quest to take control of Rightmove, which rejected four “unattractive” bids.

2 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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