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Bud Light Faces Boycott Calls, but Punishing Brands Is Harder Than It Looks
CMO Today Research shows recent social-media calls to boycott brands such as Goya and Spotify haven’t meaningfully hurt sales and at times briefly had the
Gold Prices Near Record as Investors Bet Inflation Is Here to Stay
Lower Treasury yields and a weaker dollar have also boosted the precious metal. Source link
Delta Reports Quarterly Loss, Projects Strong Summertime Travel
Business Earnings Airlines say travel appetite is holding up despite worries about inflation, layoffs Source link
Amazon CEO Andy Jassy Commits to Cost-Cutting, Tech Investments in Shareholder Letter
Amazon.com faced one of its “harder macroeconomic years in recent memory,” Chief Executive Andy Jassy said in a letter to shareholders. Source link
Amazon’s Roomba Deal Keeps Getting Messier
Markets Heard on the Street Roomba maker’s stock has shed entire deal premium as regulatory scrutiny builds Source link
Stocks Close Lower After Fed Minutes
Markets U.S. Markets Earlier in the day, inflation data showed easing price increases Source link
In This Worker vs. Bot Battle, Humans Are Winning by a Mile
Artificial intelligence can’t close sales as well as people, but that could change. Source link
Maker of Purell Hand Sanitizer Seeks Buyer
Gojo Industries hired JPMorgan to explore options. Source link
Walmart Closing Four Stores in Chicago, Citing Years of Losses
The country’s largest retailer by revenue signals some pullback from large cities. Source link
U.S. Seeks to Accelerate Transition to EVs with Tough Tailpipe Emission Rules
Consumer sentiment, charging station buildout and high EV costs loom as obstacles to the Biden administration’s aggressive plan. Source link