Restaurant CEOs’ new favorite word is value as they aim to bring back customers
Restaurant CEOs can't stop using the word "value" in explaining lackluster quarterly sales to investors while detailing plans to appeal to thrifty customers.
Stellantis laying off 2,450 plant workers due to discontinuation of Ram ‘Classic’ pickup truck
Stellantis will indefinitely lay off up to 2,450 U.S. plant workers later this year as it discontinues production of an older version of its Ram...
JPMorgan Chase is giving its employees an AI assistant powered by ChatGPT maker OpenAI
The move by JPMorgan, the largest U.S. bank by assets, shows how quickly generative AI has swept through America since the arrival of ChatGPT in...
E.l.f Beauty sales jump 50% on gains in color cosmetics and skincare, launch of Bronzing Drops serum
E.l.f. Beauty has won over younger consumers with its viral marketing and low-priced "dupes" of prestige favorites.
Paramount Global revenue misses estimates as traditional pay TV continues decline
Paramount Global revenue dropped 11% in the second quarter, though the company's streaming division turned a surprise quarterly profit.
Warner Bros. Discovery stock falls as it writes down $9.1 billion, misses estimates
Warner Bros. Discovery reports earnings after the bell.
Pressure mounting on Warner Bros. Discovery CEO David Zaslav to deliver value for shareholders
Warner Bros. Discovery could become a target for an activist shareholder if Zaslav doesn't start to deliver wins for shareholders.
Delta says chaos after CrowdStrike outage cost it $550 million
Delta Air Lines on Thursday said last month's CrowdStrike outage and subsequent mass flight cancellations cost it some $550 million