Business

Stay updated with the latest business news, market trends, expert insights, and industry updates to help you stay ahead in the competitive world of business.

Latest Posts

Egg Prices Surge: Restaurants Forced to Add Surcharges

America's favorite breakfast food is getting more expensive as restaurants add egg surcharges to menus amid a nationwide egg shortage caused by bird flu.

Lloyds Banking Group hit with £1bn tax bill after losing HMRC battle

Lloyds Banking Group hit with £1bn tax bill after losing legal battle against HMRC

Johnson Controls Stock Climbs 12% on Positive Earnings Report

Johnson Controls (JCI) shares surged 12% after reporting strong Q1 results, with organic revenue growth of 10% and EPS guidance exceeding expectations.

MicroStrategy Rebrands as 'Strategy,' Unveils New Logo to Emphasize Bitcoin Commitment

MicroStrategy rebrands to "Strategy," doubles down on Bitcoin commitment with new logo

Whole Foods Disputes Election Results, Accusing Union of Interference

Whole Foods disputes the results of a union election, alleging interference and intimidation by the union. The company also accuses the NLRB of tainting the process by restricting captive audience meetings.

Disney+ Subscribers Fall Short as Netflix Dominance Strengthens

Disney aims for streaming growth despite Netflix dominance, with 125 million Disney+ subscribers and plans for more content and paid sharing.

Toyota Announces Bullish Earnings, Plans for China EV Unit and US Battery Plant

Toyota stock surges on upbeat guidance, EV unit plans, and China expansion. Quarterly revenue up 2.9% to $80.95 billion, net profit jumps 62%. Full-year profit forecast raised, with plans for a wholly-owned EV unit in Shanghai and expanded US battery production.

Disney Q1 Earnings: Streaming Profits Swing to Positive, Amidst Price Hikes and Hurricane Headwinds

Disney's Q1 earnings beat expectations, with its streaming segment turning a profit and parks facing setbacks due to hurricanes. Disney+ subscribers declined by 700,000, but revenue and earnings per share exceeded estimates. Despite price increases, Disney expects continued streaming growth and reaffirmed its guidance for high-single-digit earnings per share growth in fiscal 2025.

Polestar Bets on US Manufacturing to Avoid Tariffs

Polestar feels the pain of tariffs on Chinese goods, but local production in the US and elsewhere immunizes the company from some of the impact.

Chipotle CFO Says Tariffs Won't Lead to Price Increases 'in the Near Future'

Chipotle plans to absorb the cost of new tariffs and won't raise prices immediately, CFO says