Category: Business

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PepsiCo Reports Big Jump in Profit After Price Increases

The maker of Gatorade and Lay’s, which nearly doubled its profit in its latest quarter, has been raising prices by double-digit percentages for more than a year.  » mehr lesen

Anchor Brewing, the Oldest Craft Brewer in the U.S., Will Close After 127 Years

“The stake through the heart of Anchor was the pandemic,” a company spokesman said.  » mehr lesen

How Netflix Plans Total Global Domination, One Korean Drama at a Time

As “Squid Game” showed, success with audiences around the world can come from a laser focus on local taste.  » mehr lesen

Banana Republic Wants to Outfit Your Home, Too

Responding to a volatile market for work clothes, the retailer hopes that selling home goods will help stabilize its business.  » mehr lesen

Hollywood Actors’ Strike Looms as SAG-AFTRA Says Contract Talks Collapse

SAG-AFTRA, representing 160,000 television and movie actors, could strike as soon as Thursday, joining screenwriters who have been picketing for over 70 days.  » mehr lesen

Looming U.S. Investment Restrictions on China Threaten Diplomatic Outreach

Any such restrictions are expected to anger Beijing and will be the first test of the new channels of communication that the world’s two largest economies are trying to restore.  » mehr lesen

Bob Iger to Remain as Head of Disney Through 2026

The 72-year-old chief executive previously said he planned to leave a the end of his contract in 2024.  » mehr lesen

Inflation Drops to 3% in June

The Consumer Price Index climbed far more slowly in June, a relief for shoppers and a hopeful — though inconclusive — sign that America might pull off a “soft landing.”  » mehr lesen

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