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Inflation Is Cooling. Food Inflation Could Get Worse.
Food prices have been rising rapidly for longer than central bankers had expected, and recent setbacks may prolong the agony. Source link
American Travelers Are Shunning U.S. for Europe
Domestic ticket fares are falling as travelers favor longer trips abroad. 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
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
BP Profit Declines More Steeply Than Peers'
Second-quarter earnings fell almost 70% from a year-ago bonanza. The London-based oil major boosted its dividend and continued to buy back shares. Source link
Jeep Looks to Veer Out of Sales Ditch
The rugged American brand that spawned the modern SUV has posted lower sales for eight straight quarters. 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
Netflix Reworks Microsoft Pact and Lowers Ad Prices
The streaming company is asking advertisers for patience as it tries to jump-start its $6.99 a month ad tier. Source link
Mattel Needs Barbie's Movie Magic to Lift Toy Sales
Partnerships and marketing blitz aim to power company past decline in quarterly sales and earnings. Source link
What a Slowdown in Spending by Some Marketers Means for Ad Holding Companies
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