Retail industry
French court slashes Apple antitrust good in blow to European regulators
People queue at an Apple shop in Lille on April 30, 2016. Philippe Huguen | AFP | Getty Images Apple won a massive reduction in a 1.1 billion euro ($1.1 billion) antitrust fine from French competitors regulators, in a blow to European regulators’ ambitions to crack down on the dominance of Major Tech firms. The […]
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3 takeaways from our daily meeting: Stocks teeter, an oil trim, obesity drug fast track
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. Stocks teeter Selling high, considering buying Quick mentions: LLY, COST 1. Stocks teeter Stocks swayed on Thursday after starting the week with sharp gains that puttered out by Wednesday. The […]
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Peloton CEO says company has 6 months to show whether its growth plans can pay off
A man walks in front of a Peloton store in Manhattan on May 05, 2021 in New York. John Smith | Corbis News | Getty Images Peloton has six months to show that its latest growth initiatives can help it survive as a standalone company, CEO Barry McCarthy said, according to a report from The […]
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3 of our stocks, including Ford, are in the news. Here’s the Club’s take on the headlines
Three Club holdings — Ford (F), Disney (DIS) and Starbucks (SBUX) — were in the news Tuesday. Here’s our take on the headlines. The news: Ford announced a year-over-year sales decline of 8.9% in September. But with numbers from the final month of the third quarter in, the company’s sales on a quarterly basis rose […]
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Wendy’s drive-thru lanes struggle, while Chick-fil-A has the fastest service, report says
A worker hands a customer their order in the drive-through of a Wendy’s fast food restaurant in Pinole, California, on Wednesday, May 25, 2022. David Paul Morris | Bloomberg | Getty Images Wendy’s is often credited with pioneering drive-thru ordering, but the burger chain’s drive-thru accuracy and customer satisfaction scores lagged behind its rivals this […]
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3 takeaways from our every day meeting: Shares jump, two trades and Club names in the information
Every weekday the CNBC Investing Club with Jim Cramer holds a “Early morning Meeting” livestream at 10:20 a.m. ET. This is a recap of Monday’s key times. Stocks soar We manufactured two trades Fast mentions: WFC, AMZN, AAPL 1. Shares jump Stocks rebounded on Monday morning following the shut of a dismal third quarter, as […]
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Peloton will set bikes in every single Hilton-branded hotel in the U.S.
Jen Van Santvoord rides her Peloton workout bicycle at her home on April 07, 2020 in San Anselmo, California. Ezra Shaw | Getty Visuals Peloton will put bikes in all 5,400 Hilton-branded resorts in the United States as component of a partnership declared Monday, as the bike maker pushes to expand its achieve. The partnership […]
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Disney executive Kareem Daniel joins McDonald’s expanding board
Kareem Daniel Source: Business Wire Disney’s Kareem Daniel is the fourth new director to join McDonald’s board this year. The fast-food giant announced Monday that the more than 15-year Disney veteran is the 15th member of its board, effective Oct. 1. Daniel currently leads Disney’s media and entertainment distribution group, overseeing the growth of its […]
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Who needs another subscription service? Walmart is betting its millions of customers do
Walmart launched its subscription service, Walmart+ in 2020. It has added perks, including deeper gas discounts and free access to Paramount+. Walmart Americans have tons of subscriptions. Even with inflation, Walmart thinks they’re willing to pay for one more. Walmart’s subscription service is Walmart+. The program includes benefits such as free shipping for online purchases, […]
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Sorry, hard seltzer — beer companies are into canned cocktails now
Boxes of Cutwater Tiki Rum Mai Tai canned cocktails in a retail store in Pleasant Hill, California, February 11, 2022. Gado | Archive Photos | Getty Images Hard seltzer has lost its fizz. Now canned cocktails are all the buzz. Also known as ready-to-drink, or RTD, cocktails, the canned drinks were the fastest-growing spirits category last year, […]
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