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A Table Outside? More Diners Say No Way
Restaurants say a combination of heat and smoke has hurt their outdoor dining business. Source link
China's Worsening Economy Is Hurting Corporate America
Caterpillar and DuPont are among the big companies that are lowering their expectations for a postpandemic boom. Source link
Restaurants and Supermarkets Are Brawling Over Your Dollar
Kroger, Giant Eagle and other grocers expand their prepared meals. Meanwhile, Chipotle, Taco Bell and other restaurants aim to defend their turf. Source link
Starbucks Prevails in Legal Challenge to Its Diversity Policies
Decision in federal court in Spokane, Wash., is a setback for legal activists who have sought to unwind companies’ policies aimed at increasing representation of
CFOs Are More Optimistic on Side-Stepping a Recession
Costs remain a concern, but a strong labor market and moderating inflation have assuaged finance chiefs’ worst economic fears. Source link
Roblox Shares Drop After Videogame Platform Misses Expectations
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ESPN Strikes $2 Billion Sports-Betting Deal With Penn Entertainment
Penn’s Barstool Sportsbook app will be rebranded as ESPN Bet this fall as part of a 10-year agreement. Source link
Fast-Food Customers Are Giving Up on Dining In
McDonald’s and Burger King want big investments in eating areas, prompting pushback from franchisees. Source link
How Nike Sneakers Get Stolen at Every Turn
The company’s warehouses, trucks and stores are regularly targeted by organized crime groups looking to steal and resell Air Jordans. Source link
Airbnb Powers to Most Profitable Second Quarter on High Nightly Rates
Airbnb posted its most profitable second quarter ever, boosted by high nightly rates guests were willing to pay—in a sign that steep travel prices are