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Small retailers face mounting pressure as shipping costs surge during the holiday season, with some business owners absorbing losses rather than passing full expenses to customers.
Global automakers face mounting pressure heading into 2027 as rising costs, weaker vehicle pricing, and increased competition from Chinese manufacturers threaten profits and growth.
Honda plans to invest $3 billion in a new vehicle assembly plant in Ohio, expected to begin production in 2029 with capacity for 240,000 vehicles annually and create over 2,000 jobs.
PepsiCo is cutting about 1,000 jobs across North America as it attempts to reverse declining sales and strengthen its domestic business performance.
Children’s Place, operator of 514 North American stores under its namesake and Gymboree brands, has filed for chapter 11 bankruptcy protection and is seeking a buyer with offers due by December 9.
Skydance outlined plans to achieve at least $6 billion in cost savings over three years following its merger with Warner Bros. Discovery, targeting redundant functions, marketing spend, and technology consolidation.
