Illustration by Christina Locopo Retail has seen unprecedented upheaval over the last several years. Some of the industry’s key decision-makers expect even more evolution ahead. Covid-related shocks have upended retail, after clogged ports and merchandise shortages gave way to excess inventory levels and shifting consumer demands amid persistent inflation. Those disruptions accelerated transformations in the
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In this article WFC Follow your favorite stocksCREATE FREE ACCOUNT NEW YORK, NEW YORK – MAY 17: President and CEO of Wells Fargo Charlie Scharf attends The Future of Everything presented by the Wall Street Journal at Spring Studios on May 17, 2022 in New York City. (Photo by Steven Ferdman/Getty Images) Steven Ferdman |
Varda’s first manufacturing satellite and reentry vehicle attached to a Rocket Lab Photon bus. Rocket Lab Space startup Varda received long-awaited approval from the Federal Aviation Administration to bring its first spacecraft back to earth after a stint manufacturing drugs in space. Varda’s small W-Series 1 capsule, or W-1, has been stuck in orbit since
In this article WYNN PENN Follow your favorite stocksCREATE FREE ACCOUNT Courtesy: ESPN Bet ESPN Bet is coming to the Big Apple. Penn Entertainment, which operates the sports betting platform, will pay Wynn Resorts $25 million for market access, it said Tuesday. It’s the same amount Wynn paid New York state to operate there. Wynn
In this article JBLU Follow your favorite stocksCREATE FREE ACCOUNT Carl Icahn at the 6th annual CNBC Institutional Investor Delivering Alpha Conference on September 13, 2016. Heidi Gutman | CNBC Activist investor Carl Icahn on Monday reported a nearly 10% stake in JetBlue Airways, saying the airline stock is undervalued. Shares of JetBlue spiked more
Amtrak trains travel through Washington, DC, on September 15, 2022. Stefani Reynolds | AFP | Getty Images As domestic travel rebounds from pandemic lows and prices soar, some travelers opting for trains over planes. For many, the tradeoffs are simple: Trains are often cheaper, provide more leg room and are better for the environment than
In this article NVO NOVO.B-DK LLY Follow your favorite stocksCREATE FREE ACCOUNT Injection pens of Novo Nordisk’s weight-loss drug Wegovy are shown in this photo illustration in Oslo, Norway, Nov. 21, 2023. Victoria Klesty | Reuters The insatiable demand for weight loss drugs is trouncing supply, leaving many patients struggling to find the injectable treatments.
In this article PDD Follow your favorite stocksCREATE FREE ACCOUNT Jakub Porzycki | Nurphoto | Getty Images Temu, the controversial Chinese e-commerce giant looking to take on Amazon, is returning to the big game on Sunday with a Super Bowl ad that lawmakers are calling on Paramount Global and CBS not to run. The company,
In this article SBGI SSP TGNA DIS WBD FOXA Follow your favorite stocksCREATE FREE ACCOUNT EW Scripps CEO Adam Symson Source: EW Scripps Local TV station owners including Sinclair, TEGNA and EW Scripps all saw their valuations plummet this week after Disney, Warner Bros. Discovery and Fox announced a new sports joint venture set to
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Nelson Peltz, founder and chief executive officer of Trian Fund Management, during the Future Investment Initiative (FII) Institute Priority Summit in Miami, Florida, US, on Thursday, March 30, 2023. Marco Bello | Bloomberg | Getty Images Are you not entertained, Nelson Peltz? Disney shares jumped
In this article F Follow your favorite stocksCREATE FREE ACCOUNT A Ford Mustang Mach-E GT compact sports utility vehicle during the 2022 New York International Auto Show in New York on April 14, 2022. Michael Nagle | Bloomberg | Getty Images DETROIT — Ford Motor is rethinking its electric vehicle strategies, including “reassessing” the need
In this article SBUX MCD Follow your favorite stocksCREATE FREE ACCOUNT People dit at McDonald’s outdoor seating after going out on a Saturday night along Rothschild Street on June 11, 2022 in Tel Aviv, Israel. Alexi Rosenfeld | Getty Images McDonald’s and Starbucks, two of the biggest U.S. restaurant companies, both said the Israel-Hamas war