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U.S. Steelmakers Are Still Expanding as Demand Slows
Nucor, U.S. Steel and others are counting on infrastructure projects and auto production to raise demand. Source link
Fitch Downgrade Won't Break Washington's Tax, Spending Habits
Republicans and Democrats aren’t likely to cut entitlements or raise taxes, leaving debt problems untouched. Source link
Bud Light Boycott Sparks Big U.S. Profit Drop for AB InBev
The brewing giant lost market share after the Dylan Mulvaney debacle, but it says consumers remain favorable toward Bud Light. Source link
Meta's Ray-Ban Smart Glasses Fail to Catch On
The company plans the release of the second generation as less than 10% of the devices purchased are used monthly, an internal company document shows.
Why Warehouse Rents Keep Going Up While Demand Is Dropping
Industrial asking rents hit a record high last quarter even as companies leased less space. Source link
Bud Light's Struggles Cast a Shadow Over Its Sunny Summer Ad Campaign
Bud Light has continued losing ground with consumers during a busy season for the beer industry even as the brand runs its biggest ever summer
DoorDash Order Frequency Hits New High as Delivery Demand Stays Strong
The company said consumers spent more on deliveries of food and household essentials. Source link
Qualcomm, Stung by Sluggish Smartphone Market, Plans Layoffs
Qualcomm, Stung by Sluggish Smartphone Market, Plans Layoffs Source link
Maaco, Meineke Owner Is Hit By Rising Car-Wash Competition
Driven Brands entered the car-wash business line in 2020, and it is now its third-largest segment by revenue. Source link
Vince McMahon Subpoenaed in Sexual-Misconduct Probe
WWE said law-enforcement agencies also asked the company for documents related to the allegations. Source link