Wendy's plans to implement surge pricing and digital menu boards, as well as introduce a new Cinnabon Pull-Apart item to its breakfast menu, in efforts to improve profits and enhance customer experience.
Elon Musk has paid for 4,000 mini pies from a bakery in San Francisco after his company cancelled an order, but the bakery was unable to accommodate the new order due to being overwhelmed with business from supporters.
The Federal Trade Commission sues to block a Kroger-Albertsons merger, claiming it would eliminate competition and lead to higher prices for shoppers, while food prices have already jumped 25% in the past four years.
Kellogg's CEO faces backlash after suggesting cereal for dinner as an affordable option amidst rising food prices.
Bloomin' Brands is closing dozens of Outback Steakhouse, Bonefish Grill, Carrabba's Italian Grill, and Fleming's restaurants due to underperformance, with 41 locations shutting down across the country.
Massive News for Rivian Stock Investors: Rivian Automotive was not included in the 10 best stocks identified by The Motley Fool Stock Advisor, potentially affecting stock prices.
Warren Buffett's stake in Berkshire Hathaway has gained nearly $16.5 billion this year, bringing the company's value to $134 billion and making it the seventh most-valuable stock in the S&P 500.
Mark Zuckerberg enjoyed a visit to Japan and shared a picture on Instagram of himself eating at a Japanese McDonald's, joking that they deserve a Michelin star.
Family Dollar Stores has been ordered to pay $41.6 million for using a rodent-infested warehouse to distribute products, marking the largest criminal penalty of its kind in the United States; the company pleaded guilty to causing goods to be "adulterated while being held under insanitary conditions" and will be subject to robust corporate reporting guidelines for the next three years.
Macy's plans to downsize by closing underperforming stores and prioritize investment in 350 of its locations, while also focusing on its successful luxury brands, Bloomingdale's and Bluemercury, as part of a turnaround effort to boost stock price and sales.
Viking Therapeutics' stock surged 100% after positive Phase 2 trial results for its weight-loss drug VK2735, which showed significant reductions in body weight compared to placebo and a high percentage of patients achieving at least 10% weight loss.
Tech and media industries are facing challenges due to their failure to anticipate the impact of technology on their businesses and attract top tech talent, while Big Tech's dominance and AI technology present additional threats, according to tech journalist Kara Swisher.
Tesla settled a bill with a bakery in San Jose, California, after canceling a massive order at short notice, which cost the bakery $2,000, following public outcry and intervention from Elon Musk.
AMC Entertainment Holdings Inc. shares are reaching record lows as the movie theater chain's recovery plans and earnings report face scrutiny amid sinking US box-office revenue and substantial debt.
Shares of Alphabet, the parent company of Google, dropped due to concerns about the negative impact of issues with its AI system on user adoption of its Search feature, which is a key driver of growth for the company.
Flock Safety, an AI-powered car surveillance startup, has been found to repeatedly violate state laws in multiple states by deploying unapproved surveillance cameras along public roadways without necessary permits.
Microsoft has invested €15 million ($16.3 million) in Mistral AI, a French AI startup, as part of a distribution partnership for Azure, potentially giving Microsoft less than 1% equity in the company if it can maintain its $2 billion valuation during its next funding round.
Nvidia's strong earnings report and growing demand for artificial intelligence chips are driving optimism on Wall Street, with HSBC analyst Frank Lee raising the price target on Nvidia to $880, representing an 11.6% upside, despite the stock's already impressive performance.
Analysts have downgraded their revenue forecasts for Rivian Automotive, leading to a decrease in the consensus price target and raising concerns about the company's future valuation.
Investors looking to build a portfolio that outperforms over time should consider buying more dividend-paying stocks, as they tend to outperform non-payers and offer higher average annual returns, such as Medical Properties Trust, which provides a 15.6% yield, and British American Tobacco, which offers a 9.7% dividend yield.
Rivian Automotive's recent announcement of no expected growth in 2024 has led to a double downgrade of its stock and a 66% drop in the price target, with analysts predicting a potential need for fresh capital in the future.
Warren Buffett's recent net-selling spree and record-high cash pile at Berkshire Hathaway serve as a warning to Wall Street, indicating that stocks are overpriced and good investment opportunities are scarce.
Warren Buffett and his team at Berkshire Hathaway have been net-sellers of equities for the past five quarters due to expensive stock prices, indicating a lack of good investment opportunities in the market.
The number of individuals with $1 million or more saved in their 401(k) accounts increased by 20% from September to December 2023, reaching a total of 422,000 retirement savers, with factors such as consistent contributions over time and high savings rates contributing to their success.
The US Federal Trade Commission and several US states are taking legal action to block the $24.6bn merger between grocery chains Kroger and Albertsons, citing concerns of eliminating competition and increasing prices.
The Japanese Yen strengthens on the back of warmer consumer inflation figures and speculation of a policy shift by the Bank of Japan, while the US Dollar remains weak due to sliding bond yields and upcoming key US macro releases.
Tesla paid a California bakery $2,000 to cover the costs of a canceled pie order after Elon Musk promised to make things right, resulting in a boost in business for the bakery.
One of the main roadways and terminals at Orlando International Airport (MCO) reopened after a lengthy investigation into a "suspicious" bag, which turned out to be harmless, causing anxiety among travelers.
Kellogg's CEO, Gary Pilnick, is facing backlash and criticism after promoting the idea of having cereal for dinner as a more affordable option amidst steep grocery costs in the US, with consumers pointing out the high prices of Kellogg's cereal brands.
AMC Entertainment, a key player in the "meme stock" movement, has experienced significant stock declines and remains an unpredictable investment despite hopes of a turnaround with upcoming Q4 earnings.
Bitcoin surged to its highest level since November 2021, driven by increased investment in cryptocurrency exchange-traded funds and anticipation for the upcoming "halving" event, which has historically boosted bitcoin prices.
A South Bay business owner's sales increase after Tesla cancels a big order, but the community support and repayment from Tesla bring her gratitude.
Bitcoin price surpassed $57,000, the highest since November 2021, after experiencing substantial gains and prompting increased trading activity in U.S.-based spot bitcoin ETFs.
WK Kellogg CEO Gary Pilnick's cost-saving suggestion of eating cereal for dinner has been met with criticism from consumers who feel the strain of grocery prices and see the irony in his proposal.
Tesla has settled an outstanding bill with a California bakery after initially canceling an order for 4,000 pies without payment, following press coverage and a promise from Elon Musk to "make things good."
Family Dollar Stores LLC has pleaded guilty to holding consumer products in a "rodent-infested warehouse" and has agreed to pay $41.675 million, the largest-ever monetary criminal penalty in a food safety case, for holding food, drugs, medical devices, and cosmetics under insanitary conditions.
Expedia Group plans to cut about 1,500 jobs, roughly 8% of its workforce, as part of its restructuring effort.
Wendy's plans to introduce a dynamic pricing model, similar to Uber's surge-pricing, as early as 2025 to provide competitive and flexible pricing, although critics argue that it may alienate customers.
Family Dollar Stores, a subsidiary of Dollar Tree Inc., pleaded guilty to holding FDA-regulated products under insanitary conditions at a rodent-infested distribution center in Arkansas, resulting in the largest-ever monetary criminal penalty in a food safety case totaling $41.675 million.
The Federal Trade Commission and eight states filed a lawsuit to block the $24.6 billion merger between Kroger and Albertsons, citing concerns over higher prices, reduced quality, limited choices, and harm to workers.
The Biden administration is suing to block the Kroger-Albertsons supermarket merger, arguing that it would increase food prices and impact the 2024 election results in Nevada and Arizona.
SpaceX has completed its investigation into the November 2023 Starship launch failure and identified the root causes, requiring the implementation of corrective actions before the next launch attempt.
The US Department of Energy is seeking another 3 million barrels of crude oil for the Strategic Petroleum Reserve as it continues to replenish the inventory following record sales in 2022, aiming to buy the oil at or below $79 per barrel.
Kellogg's CEO suggests Americans should eat cereal for dinner to save money and combat rising grocery prices, but faces backlash for being out of touch with financial struggles.
JPMorgan Chase CEO Jamie Dimon said market sentiment is improving for equities and mergers and acquisitions, but he remains cautious about the economy and the probability of a soft landing.
Wendy's plans to implement a surge-pricing model that will cause menu item prices to fluctuate based on demand, potentially increasing costs during peak hours, in an effort to increase sales and profit growth.
Delta Airlines is offering a special flight on April 8th that will allow passengers to view the total solar eclipse from 30,000 feet in the air, providing a unique vantage point within the eclipse's "path of totality."
The U.S. government is threatening to sue PacifiCorp, a unit of Berkshire Hathaway, for nearly $1 billion in costs related to the 2020 wildfires, prompting uncertainty in the regulatory environment for utilities.
Li Auto, a big Chinese EV maker, reported strong fourth-quarter results and beat analyst revenue estimates, boosting the EV sector's stocks, including Tesla, although high valuations and dimming growth prospects may limit a long-term rally.
Berkshire Hathaway reported strong earnings with a record-high cash balance of $167.6 billion, driven by its insurance and commercial business lines, although weaker segments like their utility holdings may pose stock pressure.