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Stellantis laying off 2,450 workers due to outgoing Ram pickup
The 2019 Ram 1500 Rebel pickup truck is displayed at the North American International Auto Show in Detroit, January 15, 2018.Brendan McDermid | ReutersDETROIT – Automaker Stellantis plans to indefinitely lay off up to 2,450 U.S. factory…
Under Armour (UAA) earnings Q1 2025
Under Armour on Thursday said sales are falling across its business, but the athletic apparel retailer posted better fiscal first-quarter results than feared, sending its stock surging in early trading.The company beat Wall Street's…
Disney’s media assets are generating more excitement than parks
A scene from Disney and Pixar's film "Inside Out 2."Courtesy: 2024 Disney | PixarHere's a surprise: Disney's media business isn't weighing down the company anymore.The primary Disney investor narrative since 2022 has been how streaming…
Disney raises prices for Disney+, Hulu and ESPN+
The atmosphere at the Disney Bundle Celebrating National Streaming Day at The Row in Los Angeles on May 19, 2022.Presley Ann | Getty Images Entertainment | Getty ImagesDisney is raising prices on its streaming platforms.Starting…
Stock climbs on reports of Mars interest
Signage for Kellanova outside the New York Stock Exchange on Sept. 5, 2023.APShares of Kellanova climbed 13% in morning trading Monday on reports of buyout interest.M&M's owner Mars is in talks to acquire the snacking company, CNBC's…
Kudos sustainable diapers set to launch in Target stores
Kudos diapers founder Amrita Saigal with her daughterCourtesy: KudosThroughout modern history, parents have only had one real option when it comes to disposable diapers: plastic.The single-use products are typically made with fossil…
Eli Lilly Zepbound, Mounjaro available after shortages, FDA says
An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023.Brendan McDermid | ReutersAll doses of Eli Lilly's highly popular weight loss injection Zepbound and diabetes drug Mounjaro are…
DraftKings to tax winning bets in some states in a bid to boost profit
Budrul Chukrut | SOPA Images | Lightrocket | Getty ImagesMobile betting powerhouse DraftKings is planning a tax on consumers in states with the highest sports betting tax rates, as the company looks to boost profit.The company announced…
Venu Sports has a tough marketing challenge to find an audience
Actor Jon Hamm playing Don Draper in Mad Men.Michael Yarish | AMC | APCall Don Draper, Venu Sports may have a marketing problemThe Disney, Fox and Warner Bros. Discovery jointly-owned streaming service said Thursday it will launch this…
Taco Bell to roll out AI drive-thru ordering in hundreds of locations
A Taco Bell fast-food restaurant and drive-thru at dusk in Gastonia, North Carolina.Jeff Greenberg | Universal Images Group | Getty ImagesYum Brands hopes to use artificial intelligence to take down drive-thru orders at hundreds of Taco…