President Joe Biden said he will send two members of his team to Detroit to engage both sides in talks to resolve the strike by the Big Three legacy automakers there with the United Auto Workers, which poses a threat to the US economy.
A new e-commerce platform for its Wine and Beyond destination liquor store banner was released by SNDL Inc. (Nasdaq: SNDL). The banner’s extensive product variety, including unique spirits, local and international beers, and exceptional wines, will benefit from the platform’s increased visibility and accessibility.
Enjoy twice the enjoyment with McDonald’s National Cheeseburger Day special. In celebration of the culinary festival, McDonald’s will offer a special bargain on Monday, September 18 only. McDonald’s is selling double cheeseburgers for 50 cents each with no further purchase required.
A new global sports franchise business is being established within Goldman Sachs as part of an organizational reorganization. This division will work in tandem with the firm’s asset and wealth management group to provide investment options to the firm’s ultra-high net worth customers, some of whom own equity in sports franchises.
The fitness firm Planet Fitness announced on Friday that company veteran Chris Rondeau had been removed from his position as CEO, shocking both investors and staff. Following the news, the stock price fell by 15%, reaching a new 52-week low.
On Friday, Meta shot off media speculation that the social media behemoth was looking towards monetizing the widely used messaging service WhatsApp with advertisements. The Financial Times previously reported that some teams at Meta have investigated the possibility of incorporating advertisements into WhatsApp’s contact list.
The Thursday IPO for the SoftBank-owned chip designer resulted in a valuation of $65 billion, about $10 billion higher than the day began. Analysts believe that the success of Arm’s IPO, the largest in two years, may encourage more companies to return to the public markets.
Because of concerns about radiation, France has suspended iPhone 12 sales. After testing revealed that the Apple device emits radiation levels that exceeded European standards, the Agence Nationale des Fréquences, the country’s radiation watchdog, temporarily removed it from store shelves.
The tenants of SF’s shopping malls have taken aim at Westfield, the mall’s property owner. Retailers in San Francisco face a number of challenges, including an increase in organized crime and a decrease in foot traffic as a result of increased safety concerns. American Eagle, in contrast to Nordstrom and other retailers, is suing the mall’s owner, Westfield.
On Thursday, Nielsen’s longtime product leader Karthik Rao replaced CEO David Kenny, who is transitioning into an executive chairman role, as CEO of the TV measurement company.
While inflation, interest rates, and GDP growth can provide insight into the economy’s past performance, they do not reflect the current sentiment of the American consumer. This was the impetus for a poll of American adults conducted by the Sawyer Business School at Suffolk University and published in USA TODAY.
The European Union wants the popular social media app TikTok to pay up because it violated children’s privacy. According to a judgement released by the Irish Data Protection Commission (DPC) on Friday, the popular app controlled by the Chinese government failed to protect children’s personal information by making their accounts publicly accessible by default and insufficiently tackling concerns that under-13 users may use its platform.
A new logo has been approved by Johnson & Johnson. On Thursday, the healthcare behemoth announced that it will be ditching the trademark script it has used since 1887 in favor of a more contemporary style that better symbolizes the company’s newfound emphasis on pharmaceuticals and medical devices.
According to a document sent to members and seen by CNBC, a McDonald’s franchisee advocacy group is fighting back against the “devastating financial blow” it thinks the recently passed fast food bill in California will have on its members.
Stocks to watch with positive momentum this week and Buy Rating. SNDL, GRPN, MSFT, GOOGL, eBay, AAPL, PYPL, UBS, WMT, AMZN, META,
