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Retail
Finance
Howard Schultz weighs in on Starbucks’ disappointing earnings
BY
Chris Morris
Leadership
Starbucks ex-CEO Howard Schultz pushes chain to make major fixes after biggest sales miss in years: ‘There must be contrition’
BY
Karen Leigh
and
Bloomberg
Retail
E-commerce is witnessing the Amazon-ification of Shein, as the fast-fashion behemoth woos skincare and toy brands
BY
Sasha Rogelberg
Finance
Millennials’ love affair with pet chickens is big business for a $30 billion retail chain—‘In America, the new companion animal is the chicken’
BY
Amanda Gerut
Retail
Rule tweak allows Tesla, EV makers to maintain tax-credit marketing push in car sales
BY
Tom Krisher
,
Matthew Daly
, and others
Lifestyle
Cinco de Mayo may be boozier than New Year’s Eve and St. Patrick’s Day, a survey finds
BY
Sunny Nagpaul
Retail
Andy Jassy sums it up for corporate America: ‘Customers are shopping, but remain cautious’
BY
Alex Vuocolo
,
Retail Brew
, and others
Retail
People will keep eating Oreos despite Ozempic surge, according to CEO of maker, Mondelez
BY
Deena Shanker
and
Bloomberg
Finance
Berkshire board member blesses Buffett’s successor but warns—’he’s not going to be as entertaining as Warren and Charlie’
BY
Josh Funk
and
The Associated Press
Retail
Peloton CEO announces departure with company to axe 15% of headcount, as embattled fitness unicorn continues to lose pace
BY
Mark Gurman
and
Bloomberg
Retail
Puig is poised for a $15 billion IPO—but CEO Marc Puig has a ‘self-disempowerment’ plan to stop his family from controlling the Spanish beauty empire
BY
Prarthana Prakash
Tech
‘Time is running out’ to build more electric truck chargers in Europe, says Daimler Truck CEO
BY
Stefan Nicola
,
Christoph Rauwald
, and others
Retail
Denmark’s Novo Nordisk forecasts 27% sales surge but faces price pressure amid Eli Lilly competition
BY
Naomi Kresge
and
Bloomberg
Retail
U.S. fishermen poised to harvest billions of baby eels worth $2,000 a pound as authorities battle illegal sales
BY
Patrick Whittle
and
The Associated Press
Environment
Texas vet who cares for 40,000 cattle said nearly every farm that had cows sick with bird flu also had sick workers: ‘I had people who never missed work, miss work’
BY
Jonel Aleccia
and
The Associated Press
Retail
Peloton, the fallen fitness unicorn, faces a harsh truth despite its shiny new deal with Hyatt hotels: ‘I don’t think they thought [about] what was going to happen post-pandemic’
BY
Sasha Rogelberg
Retail
Good news for Gen Z’s favorite jewelry: Scientists can now grow diamonds faster than you can watch ‘Oppenheimer’
BY
Jasmine Li
Retail
NBA legend Michael Jordan adds ‘his closest friends’ Derek Jeter and Serena Williams to tequila brand as it prepares global expansion
BY
Marco Quiroz-Gutierrez
Retail
Starbucks flags unusual phenomenon for ‘disappointing’ sales: It’s too popular with morning commuters
BY
Eleanor Pringle
Retail
Aston Martin’s first quarter earnings drop 34% as it awaits fourth CEO in four years
BY
Jamie Nimmo
and
Bloomberg
Retail
Novo Nordisk’s market value of $570 billion is now bigger than the entire Danish economy—creating a ‘Nokia risk’ for Denmark
BY
Sanne Wass
,
Naomi Kresge
, and others
Environment
Colorless liquid that emits a toxic vapor known to cause liver cancer and reproductive problems banned from use in paint stripper
BY
Matthew Daly
and
The Associated Press
Retail
Coca-Cola only sold 1% more drinks last quarter, but it raised prices 13%. Its CEO said it has ‘the right strategies’ for sustained success
BY
Sasha Rogelberg
Retail
Pennsylvania vs. Perrier: Your beloved mineral water is actually a soda, court rules
BY
Sydney Lake
Retail
Jim Beam’s Japanese parent thinks it can double sales by 2030 with a focus on ‘ready to drink’ canned cocktails
BY
Tiffany Kary
and
Bloomberg
Retail
The hottest Gen Alpha obsession right now? Using parents’ money for online shopping, report finds
BY
Sasha Rogelberg
Retail
Burger King, riding high on earnings beat after giving every customer a cardboard crown, to invest another $300 million in restaurant revamp
BY
Daniela Sirtori-Cortina
and
Bloomberg
Retail
Michaels defies inflation, cutting prices on over 5,000 items, seeing ‘constant rollbacks’ for next 6 to 12 months
BY
Alex Vuocolo
,
Retail Brew
, and others
Retail
The road to America’s wallet is through its gut—and retailers see green in the rising Sun Belt
BY
Katishi Maake
,
Retail Brew
, and others
Retail
Walmart is introducing a premium food line brand
BY
Chris Morris
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Finance
Another Boeing whistleblower is dead—this time a healthy 45-year-old who battled a sudden, severe infection
BY
Will Daniel
Finance
$3 trillion could be injected into the U.S. economy without any federal spending by tweaking this corner of the...
BY
Jason Ma
Finance
The U.S. economy is headed for a hard landing, and Fed rate cuts won’t be enough to rescue it, Citi says
BY
Jason Ma