Amazon’s customers are buying cheap products, the retailer’s top execs said in its Thursday earnings call. Those products are being purchased frequently and in larger amounts,...
Starbucks will stop surcharges on non-dairy milk ahead of the holidays. CEO Brian Niccol announced the change during a Wednesday earnings call. The new policy will...
Starbucks’ new CEO, Brian Niccol, is set to lay out plans to turn around the struggling coffee chain. “It is clear we need to fundamentally change...
McDonald’s says daily sales took a hit as some customers avoided its restaurants during the E. coli outbreak. Third-party data indicated foot traffic to the chain...
Boeing’s still-new CEO, Kelly Ortberg, faces urgent challenges, including a worker strike. Ortberg has to address decades of management issues and concerns from customers, workers, and...
Denny’s plans to close 150 stores to boost annual unit volume sales amid declining sales. Chains that traditionally attract more families, like Red Lobster and Applebee’s,...
Ford CEO Jim Farley praised the Xiaomi SU7, a new Chinese EV he’s driving. Chinese electronics maker Xiaomi launched the SU7 in December 2023 with a...
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Salesforce’s CEO criticized Microsoft’s AI Copilot, calling it overhyped and ineffective. Microsoft has announced Dynamics 365 AI agents, competing with Salesforce’s Agentforce product. The announcement came...
Airlines are doubling down on high-margin premium cabins and even expanding them on new planes. They’re counting on the cabins to fill the financial hole caused...
Stellantis CEO Carlos Tavares is under pressure. Tavares is being criticized for cutting too deep as he reshapes the global automaker. Investors, dealers, and union workers...
McDonald’s Quarter Pounders have been linked to an E. coli outbreak in several states, the CDC said. McDonald’s said it will temporarily remove the burgers from...