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A Clothing Brand's Email Claimed to Be From a Neighbor Watching Recipients in Their Underwear. Some Customers Aren't Happy.
Athleisure brand Feat says it didn’t intend to cause “fear, anxiety and discomfort” to a “subset of customers.” Source link
Intel Returns to Profit as PC Rebound Lifts Chip Demand
The chip maker’s earnings surprise Wall Street after two consecutive quarters of record losses. Source link
Bud Light Brewer Lays Off Hundreds of U.S. Workers
Anheuser-Busch restructures its corporate offices amid controversy and sales slump. Source link
Nestlé Raised Prices More Than 9% in First Half of the Year
The world’s largest packaged food company said price hikes boosted sales and profitability, joining other consumer goods companies. Source link
Gap Poaches Mattel Executive Who Revived Barbie to Be Its CEO
Richard Dickson, president and chief operating officer at the toymaker, is taking over as Gap’s next chief executive. Source link
Samsung to Launch New Galaxy Z Fold, Flip Phones Amid Slow Adoption So Far
The smartphone maker on Wednesday will show off the latest models of devices that have had limited success outside of South Korea. Source link
'Forever Chemicals' Settlement Weighs on 3M Earnings
The company raised its earnings expectations for the year despite swinging to a quarterly loss. Source link
Dove Maker Unilever Still Raising Prices as Volumes Slip
The consumer-goods giant—a bellwether for the global economy and consumer sentiment—boosted prices to make up for soaring commodities and other costs. Source link
Why Businesses Can’t Stop Asking for Tips
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Chinese Consumers Pinch Pennies on Staples as Pandemic Habits Linger
The average selling prices of toothbrushes, infant formula and makeup are declining as businesses adapt to circumstances. Source link