Estee lauder (EL) popped after China loosened its Covid restrictions, a move we’ve long predicted.
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Estee Lauder’s stock jumps as China loosens Covid rules, in line with Club investment case
Business
CNBC Sport: Media’s TV upfront presentations have become an NFL showcase
Key Points NFL Commissioner Roger Goodell plans to attend the Disney upfront in New York next week, sources told CNBC. YouTube and Netflix will both get additional live games as part of their NFL offerings for the 2026-27 season, sources told CNBC. The NFL schedule will likely be announced Wednesday or Thursday of next week, […]
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While many international brands retreat, McDonald’s is supersizing its China business
Even as numerous international consumer brands shrink their footprints in China, McDonald’s is bucking the trend thanks to consumers like Yue Ma. Over the May Day holidays, Yue showed up at the U.S. fast food giant’s newly opened McDonaldland store in Beijing’s Chaoyang Park — one of the few stores countrywide that reintroduced the chain’s […]
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Business
Used car prices fall for first time this year as gas prices spike, EV interest rises
Customers browse in a used car lot in Glendale, California, Feb. 15, 2023. Mario Tama | Getty Images News | Getty Images DETROIT — Used car prices fell last month for the first time since October as gas prices rose amid the war in Iran. Cox Automotive’s Manheim Used Vehicle Value Index — which tracks […]
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