New This Holiday Season: Discounts on Shipping Packages
UPS and FedEx have loosened pricing as the carriers anticipate a weak peak. Source link
Earnings
Modelo Continues to Win Over Bud Light Drinkers
Constellation Brands CEO says the Mexican beer brand has more room for growth. Source link
How China’s BYD Became Tesla’s Biggest Threat
Once a maker of cellphone batteries, the company is in the running to become the world’s No. 1 seller of...
U.S. Car Sales Expected to Increase Again in the Third Quarter
The car market has yet to see an impact from UAW strike-related factory shutdowns. Source link
For Tesla’s Cybertruck, Another Sales Launch Date Comes and Goes
The EV maker, known for ambitious goals, is betting customers will stick around for the long-awaited electric pickup. Source link
iPhone 15 Pro Owners Complain About Overheating Problems
The issue threatens Apple’s premium phones, a cash cow essential to its growth and profits. Source link
UAW Expands Strike to GM Plant in Michigan, Ford Factory in Chicago
Union President Shawn Fain cited a lack of progress at the bargaining table as walkouts enter their third week. Source...
Rupert Murdoch to Step Down as Chair of Fox and News Corp After Seven-Decade Career
Murdoch will exit roles atop News Corp and Fox in November and will be appointed chairman emeritus. Source link
Disney to Invest $60 Billion in Theme Parks, Cruises Over Next Decade
What to Read Next Source link
Talks Resume in Detroit Amid Threat of Expanding Strike
Wages remain focal point, and investors already are sizing up the potential hits to the automakers’ bottom lines. Source link
Clorox Warns of Product Shortages Following Cyberattack
The bleach and cleaning-wipe maker said that it believes the cyberattack is now contained but that it will cause a...
American Airlines Cuts Profit Outlook as Pilots’ Contract Weighs on Bottom Line
What to Read Next Source link
Apple Tests Limits for Most Expensive iPhones
The tech company is expected to raise prices by $100 on some premium models next week. Source link
A Private Phone. Secret Recordings. Inside One CEO’s Relationship With a TV Anchor.
Under Armour’s Kevin Plank shared nonpublic financial details with Stephanie Ruhle, and she gave advice on how to address negative...
Dick’s Sporting Goods, Macy’s Flash Warning Signs on U.S. Consumer Spending
The retailers’ shares traded sharply lower after they posted weaker quarterly earnings and gave tepid forecasts for the rest of...
SoftBank Chip Unit Arm Files for an IPO Likely to Be 2023’s Biggest
Arm raised lofty expectations for its business overall but faces near-term market challenges. Source link
Why a Zara Bet Big on the Maxi Dress This Summer
Fashion retailer arms managers with bevy of data, and authority to act on it, in bid to keep ahead of...
WSJ News Exclusive | A Rare Look Into the Finances of Elon Musk’s Secretive SpaceX
The rocket company and satellite operator narrowed its loss to $559 million in 2022. Costs increased, but revenue rose faster....
Target Sales Are Punished by Pride Month Backlash
The retailer lowered profit goals for the year, and executives said they would modify the annual Pride Month promotion. Source...
China Slashes Rates, Suspends Youth Jobless Data as Economy Signals Sharper Downturn
Updated Aug. 15, 2023 3:35 am ETListen to article(2 minutes)SINGAPORE—Chinese officials said they would stop reporting the country’s youth unemployment...
