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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
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
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
CVS Reports Stronger Demand
The healthcare company said a 10.3% increase in its second-quarter sales was driven by growth in its health benefits business. Source link
Miami Sees Its First Population Drop in Decades
Listen to article (2 minutes) Miami, a global hot spot with ambitions to be a business and financial hub, is driving away more residents than
Pfizer Misses Revenue Expectations, Bets on Drug Launches to Ease Shortfall
The company is rolling out 19 products or new uses within 18 months, CEO Albert Bourla said. Source link
Americans' Thirst for Diageo's High-End Spirits Slows
The owner of Johnnie Walker scotch said sales of its $50-a-bottle liquor are growing more slowly as pandemic-era spending patterns fade. Source link
Caterpillar's Sales Surge as Construction Booms
Revenue was lifted by higher sales across all three of its major segments. Source link