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Why Stellantis could face a longer strike than Ford or GM
18/09/2023

Why Stellantis could face a longer strike than Ford or GM

Stellantis has a need that GM and Ford don't – and there are signs that it has been preparing for a protracted battle with the UAW.

UAW strike brings blue-collar vs. billionaire battle to Detroit
18/09/2023

UAW strike brings blue-collar vs. billionaire battle to Detroit

The United Auto Workers strike is bringing a blue-collar versus billionaire battle to Detroit, just as UAW President Shawn Fain wanted.

‘Barbie’ wins the summer box office, but fall looks gloomy — even with Taylor Swift
07/09/2023

‘Barbie’ wins the summer box office, but fall looks gloomy — even with Taylor Swift

Hollywood bet big on blockbuster franchise sequels to revive its summer cinema business, but "Barbie" and "Oppenheimer" fueled the industry's $4 billion haul.

Disney’s wildest ride: Iger, Chapek and the making of an epic succession mess
07/09/2023

Disney’s wildest ride: Iger, Chapek and the making of an epic succession mess

Here's the inside story of the executive chaos at Disney over the past few years — and how it could shape the fate of the iconic entertainment company.

U.S. health officials want to loosen ma*****na restrictions. Here's what it means
01/09/2023

U.S. health officials want to loosen ma*****na restrictions. Here's what it means

If ma*****na is downgraded to a Schedule III drug, it could be a huge boost to a struggling industry.

Lululemon ups guidance after ‘strong’ growth in China boosts quarterly sales
01/09/2023

Lululemon ups guidance after ‘strong’ growth in China boosts quarterly sales

Lululemon raised its full year guidance and saw its sales and profit rise 18% during its most recent quarter, fueled by a 61% boost in China.

Four reasons why the consumer is so confusing — and what that may mean for retail earnings
15/08/2023

Four reasons why the consumer is so confusing — and what that may mean for retail earnings

As Home Depot, Target and Walmart report earnings, retailers and investors have had to weigh contradictory factors as they predict consumer spending patterns.

Fitch warns it may be forced to downgrade dozens of banks, including JPMorgan Chase
15/08/2023

Fitch warns it may be forced to downgrade dozens of banks, including JPMorgan Chase

Fitch Ratings warned that U.S. banks have inched closer to sweeping rating downgrades on dozens of lenders, including JPMorgan Chase and Bank of America.

WHO decision on aspartame could hurt diet soda sales or lead to new drink formulas
14/07/2023

WHO decision on aspartame could hurt diet soda sales or lead to new drink formulas

Coca-Cola, PepsiCo and Keurig Dr Pepper may decide to change their formulas and swap out aspartame for another sweetener.

JPMorgan Chase beats analysts’ estimates on higher rates, better-than-expected bond trading
14/07/2023

JPMorgan Chase beats analysts’ estimates on higher rates, better-than-expected bond trading

JPMorgan has been a port in the storm for bank investors this year. Its hot streak continued with second-quarter earnings.

Job openings fall by half a million
07/07/2023

Job openings fall by half a million

The closely watched JOLTS report showed that listings fell to 9.82 million, down 496,000 from April.

Payrolls report Friday likely to show a jobs market that is still hot
07/07/2023

Payrolls report Friday likely to show a jobs market that is still hot

The consensus estimate is that payrolls rose by another 240,000 in June and the unemployment rate is projected to nudge lower to 3.6%.

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