Trending Business News
How a comic book store got swept into the tariff storm
A comic book store owner in Ohio faces financial strain from tariffs on imported action figures, which have driven down sales despite recent Supreme Court relief efforts.
Why some of America’s biggest brands are losing ground in China
Major American brands including Nike, Starbucks, and General Motors have lost significant market share in China due to geopolitical tensions, domestic competition, and failure to adapt products to local consumer preferences.
Inside Coca-Cola’s secretive innovation labs: How the beverage giant wants to automate dirty soda and refreshers
Coca-Cola is developing new automated drink dispensers in its innovation labs to make customizable beverages like dirty sodas and refreshers as food service operators seek expanded beverage options.
Paramount CEO David Ellison is at the final hurdle before buying WBD. So far, he can’t clear it
David Ellison’s Paramount faces its final hurdle in acquiring Warner Bros. Discovery as state attorneys general, led by California’s Rob Bonta, seek to block the $110 billion deal on antitrust grounds ahead of a March trial.
Lego posts record first-half revenue, CEO touts strong sales at high-end and value pricing
Lego reported record first-half revenue of 41.9 billion Danish kroner ($6.54 billion), up 21% year over year, driven by popular product lines and new partnerships including Pokemon and Formula 1.
Firms scramble for battery power in Spain and Portugal
Spanish and Portuguese firms are rapidly installing battery storage systems following a major blackout last April that caused hundreds of thousands of euros in losses across the industrial sector.
Woolworths posts $1.14bn profit in cost-of-living crisis – but CEO says it’s not thanks to rising shelf prices
Woolworths reported a $1.14bn net profit in the year to June, with CEO Amanda Bardwell stating margin increases came from higher customer volumes rather than rising shelf prices.
Military veterans told they owe thousands of pounds over clerical error
Over 1,000 military veterans are being pursued for thousands of pounds in pension debts stemming from clerical errors in the Ministry of Defence pension system, with some facing six-figure repayment demands.
Imax says it’s open to a sale. Why is no one buying?
Imax CEO opened the door to a sale in December, but despite record-breaking box office performance and strong momentum through 2026, no major buyers have emerged for the $3 billion company.
Home Depot reaffirms guidance amid ‘frozen housing market conditions’
Home Depot beat Wall Street expectations in the second quarter and reaffirmed full-year guidance, citing market share gains despite what executives describe as ‘frozen housing market conditions.’
Sea Ray parent Brunswick bets on AI navigation and new revenue streams to help stalling boat sales
Brunswick Corporation is leveraging artificial intelligence navigation technology and recurring revenue models to offset sluggish boat sales, targeting modest unit growth through 2030 while expanding aftermarket and software revenues.
Hims & Hers CEO says FTC lawsuit misunderstands how the company works
Hims & Hers CEO Andrew Dudum defended the telehealth company against an FTC lawsuit, asserting the agency misunderstands the company’s operational model and data-sharing practices.
Target says its turnaround is picking up steam, with help from a big tariff refund
Target reported strong quarterly earnings boosted by a $752 million tariff refund, with comparable sales beating expectations at 3.8% and raising full-year guidance.
Hyundai’s new flagship vehicle is a large luxury Genesis EV
Hyundai’s luxury brand Genesis unveiled the GV90, an all-electric large SUV with up to seven seats designed to compete in the premium vehicle segment and expand its U.S. lineup.
Where commercial real estate demand is the highest, according to new data
South Carolina leads U.S. states in commercial real estate demand potential, according to a new National Association of Realtors index measuring economic factors across office, industrial, retail and multifamily sectors.
After 10 years at United, CEO Scott Kirby is thinking big about the future of his airline from JFK to AI
United Airlines CEO Scott Kirby, who led the carrier to become the second-most profitable U.S. airline in a decade, is pursuing aggressive expansion including new international routes and increased presence at New York’s JFK Airport.
North Tyneside taxi drivers urge council to agree 8% fare hike
North Tyneside taxi drivers are requesting an 8% fare increase to address rising fuel costs and living expenses, though some councillors are seeking a more balanced approach considering residents’ financial pressures.
Energy UK says struggling households need more support with bills
Energy UK calls for expanded government support for struggling households facing higher winter bills, proposing a targeted assistance scheme costing £1.9bn to replace the current £150 Warm Home Discount program.
UK orders reviews of franchising sector after Vodafone allegations
UK government has commissioned reviews of franchising sector regulations following allegations of pressure on Vodafone franchisees, with potential new laws under consideration.
CrossCountry cancels ‘almost all’ UK services after power cut
Rail operator CrossCountry canceled nearly all UK services following a power outage at its Birmingham control center, affecting routes from Glasgow to Penzance and Leeds to Manchester.
‘The line’s running half-empty’: Llanwern steelworks feels the heat from cheap steel imports
Tata Steel’s Llanwern facility in Wales operates at half capacity due to cheap Asian steel imports, despite government tariffs introduced in July designed to protect UK producers.
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