PepsiCo profit gets a bump on fewer charges, but sales slip after repeated price hikes
PepsiCo got a bump to fourth quarter profits thanks in part to lower charges and continued price hikes, but higher prices have hit sales.
Supply & Demand
UPS announces job cuts, declining revenue
UPS may deliver in rain and snow, but its Q4 2023 earnings report slipped.
OpenAI CEO Sam Altman is fundraising for a network of AI chips factories because he sees a shortage now and well into the future
Building and maintaining fabs that manufacture semiconductors is far more expensive than the approach favored by many of OpenAI’s AI industry peers.
How Forgotten Subscriptions Multiply
Behavioral economics can explain why forgotten subscriptions have become an increasingly typical phenomenon.
Monkey Business Threatens U.S. Drug Discovery
A shortage of farm-bred primates is contributing to poaching and harming biomedical research and development.
Why Streaming Services Are Pushing Subscribers to Ad Tiers
With better margins on advertising-supported offerings, Disney, Netflix, Paramount, NBCUniversal and Warner Bros. Discovery find themselves incentivized to usher consumers to those plans.
Plaza hotel luxury condo listed for $1 sold at auction for $2.5 million | Crain's New York Business
Preliminary bidding had pushed the starting price to $1.3 million.
Low prices are contributing to America's drug shortage problem
Proposals to address the complex factors driving drug scarcity wouldn't come cheap.
Beer drinking in America falls to the lowest level in a generation
The boycott of Bud Light was just one factor in a year of industrywide declines.
Pop-Tarts - Explore - Google Trends
The Pop-Tart that took over college football
The Kansas State Wildcats won the Pop-Tarts Bowl, but the edible Pop-Tart mascot was the real star.
How to Sell Stuff You No Longer Need - Consumer Reports
Consumer Reports shows you how to sell the stuff you no longer need and turn those castoffs into cash.
Ikea warns Red Sea attacks could disrupt supplies and deliveries
Firm says it is weighing up options to secure product availability amid Yemeni rebel attacks on shipping
Home building surged in November as mortgage rates came down | CNN Business
The annual pace of new home construction surged last month amid a historic shortage of housing inventory and falling mortgage rates.
With demand soaring, Detroit Lions raise ticket prices for 2024 season
Some fans reported an increase of as much as 85% on their season ticket prices for 2024 after the Lions had kept prices relatively flat since 2018.
Netflix Takes Big Data Transparency Step, Releasing Viewing Numbers for 18,000 Titles
'The Night Agent' and season two of 'Ginny & Georgia' were the most watched shows in the first half of 2023.
Google's Year in Search
Explore the searches that shaped 2023, from Google Trends. #yearinsearch
Egg suppliers ordered to pay $17.7 million by federal jury for price gouging in 2000s
The jury ruled last week that the egg producers used various means to limit the domestic supply of eggs to increase the price of products during the 2000s.
F1's popularity was exploding in the US, but its all-but-assured gold mine is suddenly under threat
F1 set its sights on conquering the US, and with the help of Netflix and "Drive to Survive," it was working. But now there are growing roadblocks.
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20% of US offices are vacant. WeWork’s bankruptcy will make the problem worse | CNN Business
America has a glut of empty offices.
Catalytic converter thefts decline after pandemic-era surge
Amid falling metal prices and legal crackdowns, catalytic converter thefts have halved this year.
Fortnite Player Count · Most Played Fortnite Maps
Americans, especially wealthy ones, are still spending big
Continued consumer spending — on travel, concerts, restaurants and more — is propelling economic growth beyond what many had expected.
McDonald's CEO says earnings results prove that 'difficult times' for consumers can be a good thing
McDonald's CEO Chris Kempczinski said Q3 results prove that difficult times for consumers can be good for the fast-food giant.
McDonald's, Chipotle to raise menu prices in California next year as fast-food wages rise to $20
McDonald's CEO Chris Kempczinski said the minimum wage hike could help the burger chain gain market share in California in the long term.
Surge in Unilever’s deodorant sales after workers return to office
Worldwide, underlying group sales are up 5.2%, led by price rises, as the number of items sold falls
Mattel Results Buoyed by ‘Barbie’; Shares Fall on Outlook
Mattel Inc., riding the success of the Barbie movie, posted quarterly results that beat Wall Street estimates, but the toymaker maintained its full-year sales outlook due to softness in the industry and a weaker global economy.