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Business Password Where is the money from? Where are you going? You are half a century old, friend, and you still hope?

McDonald’s tried to buy Panera Bread, and 5 other reveals from founder Ron Shaich’s book
30/10/2023

McDonald’s tried to buy Panera Bread, and 5 other reveals from founder Ron Shaich’s book

Panera Bread founder Ron Shaich's new book reveals new details about his career, including that the chain almost merged with Starbucks.

Shein deepens its relationship with Forever 21, will begin selling co-branded clothes online
30/10/2023

Shein deepens its relationship with Forever 21, will begin selling co-branded clothes online

Fast fashion players Shein and Forever 21 are slated to unveil a co-branded clothing line after the two retailers launched a joint venture earlier this year.

Stocks making the biggest moves premarket: Chevron, Apple, Walgreens Boots Alliance and more
23/10/2023

Stocks making the biggest moves premarket: Chevron, Apple, Walgreens Boots Alliance and more

These are the stocks posting the largest moves in premarket trading.

Say goodbye to retirement? A ‘soft saving’ trend is emerging among young people
23/10/2023

Say goodbye to retirement? A ‘soft saving’ trend is emerging among young people

Generation Z is leading the "soft saving" trend, a new financial approach that prioritizes personal growth and mental wellness over aggressive saving goals.

54% of shoppers say they’ll choose store-brand groceries over name brand from now on—it’s not just about cost
12/10/2023

54% of shoppers say they’ll choose store-brand groceries over name brand from now on—it’s not just about cost

Where consumers used to see a worse product for a better price, many are now seeing a comparable or perhaps superior product for a better price.

The No. 1 thing CEOs are investing in right now, says a new survey—you can use it to get a lucrative job
12/10/2023

The No. 1 thing CEOs are investing in right now, says a new survey—you can use it to get a lucrative job

Nearly three-quarters of CEOs say AI is a "top investing priority," according to a new survey. Here's how to take advantage and find a higher-paying job.

Wall Street sees potential UAW strikes as manageable, with upsides
13/09/2023

Wall Street sees potential UAW strikes as manageable, with upsides

Wall Street analysts are viewing potential strikes by the UAW union against the Detroit automakers as largely manageable, even investment opportunities.

Decongestant found in many cold, allergy medicines doesn’t actually work, FDA advisors say
13/09/2023

Decongestant found in many cold, allergy medicines doesn’t actually work, FDA advisors say

In a unanimous vote, advisors said oral versions of phenylephrine – a nasal decongestant found in versions of drugs like Nyquil and Benadryl – isn't effective.

Bezos snubbed Musk’s SpaceX for huge satellite launch contract, Amazon shareholder says
04/09/2023

Bezos snubbed Musk’s SpaceX for huge satellite launch contract, Amazon shareholder says

An Amazon shareholder lawsuit alleges the company snubbed SpaceX for satellite launch contracts because of Jeff Bezos' personal rivalry with Elon Musk.

Roz Brewer out as Walgreens CEO as company seeks chief with deep health-care experience
04/09/2023

Roz Brewer out as Walgreens CEO as company seeks chief with deep health-care experience

Walgreens' stock has struggled this year as the company cut its profit expectations and contended with a decline in Covid vaccine and test demand.

Macy’s to open four more smaller stores, as strip mall experiment shows early signs of success
23/08/2023

Macy’s to open four more smaller stores, as strip mall experiment shows early signs of success

Macy's CEO Jeff Gennette said the smaller strip mall stores showed year-over-year growth, as the company's earnings report sent its stock tumbling.

AMC shares crater as investors brace for stock conversion
23/08/2023

AMC shares crater as investors brace for stock conversion

The movie theater chain's preferred equity units, dubbed APE shares, are set to be transformed into common stock.

Coach owner Tapestry to acquire Michael Kors, Jimmy Choo parent Capri Holdings for $8.5 billion
11/08/2023

Coach owner Tapestry to acquire Michael Kors, Jimmy Choo parent Capri Holdings for $8.5 billion

The deal would create an American fashion giant that brings Coach, Kate Spade, Stuart Weitzman, Versace, Jimmy Choo and Michael Kors under one house.

Disney wants sports leagues as ESPN partners, but it’s not clear sports leagues want ESPN
11/08/2023

Disney wants sports leagues as ESPN partners, but it’s not clear sports leagues want ESPN

Partnering with sports leagues on ESPN may make sense for Disney, but it's not yet clear it makes sense for the leagues.

EVgo revenue beats analyst expectations as private-label charging business booms
03/08/2023

EVgo revenue beats analyst expectations as private-label charging business booms

EVgo's second-quarter results beat Wall Street estimates, as revenue from deals to provide chargers to other businesses surged.

Disney CEO Bob Iger wants minority partners for ESPN, but landing a deal won’t be easy
03/08/2023

Disney CEO Bob Iger wants minority partners for ESPN, but landing a deal won’t be easy

Disney CEO Bob Iger has enlisted the help of two former Disney executives to figure out the best plan forward for ESPN.

Wells Fargo announces $30 billion buyback, shares rise
26/07/2023

Wells Fargo announces $30 billion buyback, shares rise

Wells Fargo announced a $30 billion stock buyback and approved a dividend increase.

UPS, Teamsters reach labor deal to avoid strike
26/07/2023

UPS, Teamsters reach labor deal to avoid strike

The deal includes wage increases for both full- and part-time workers.

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