Meta is facing a new legal storm that blames Instagram for eating disorders, depression and even suicide among children and teenagers – and experts say the suits are using a new argument that could threaten Mark Zuckerberg’s social media empire. The suits – replete with disturbing stories of teenagers being blocked for Instagram posts promoting … Read more
Howard Schultz David Ryder Reuters Some restaurants are reporting weaker sales or declining traffic in the second quarter, indicating that diners are cutting back on eating out to save money. But CEOs are divided on how consumer behavior is changing and whether it is affecting their companies. McDonald’s Chris Kempczinski and Chipotle Mexican Grill Brian … Read more
Howard Schultz David Ryder Reuters Some restaurants are reporting weaker sales or declining traffic in the second quarter, indicating that diners are cutting back on eating out to save money. But CEOs are divided on how consumer behavior is changing and whether it is affecting their companies. McDonald’s Chris Kempczinski and Chipotle Mexican Grill Brian … Read more
Text size GE wants to be a player in the electricity grid of the future. That will benefit his upcoming Vernova business. Brandon Bell/Getty Images NISKAYUNA, NY–In General Electric and sprawling research center here, you will find two Nobel Prize winners GE scientists, Thomas Edison’s desk, and current research that could help create the electricity … Read more
Greg Abel at Berkshire Hathaway’s annual meeting in Los Angeles California. May 1, 2021. Gerard Miller CNBC Berkshire Hathaway on Saturday said Vice Chairman Greg Abel, the next person to succeed the billionaire Warren Buffett as chief executive, he sold his 1% stake in the company’s Berkshire Hathaway Energy unit for $870 million. In its … Read more
The IS complaint the company alleges that the company made “misleading or false” statements in advertisements on its website claims that Tesla was, or could be, equipped with advanced driver assistance system features. The IS Tesla (TSLA) marketing materials on the company’s website contained advertisements “on at least five dates” between May 2021 and July … Read more
New York CNN — Tesla’s autopilot and self-driving claims are under fire again, this time from the California Department of Motor Vehicles in a complaint it filed on July 28. The IS complaint the company alleges that the company made “untrue or misleading” statements in advertisements on its website claims that Tesla was, or could … Read more
The Eli Lilly and Company pharmaceutical manufacturing plant is seen at 50 ImClone Drive in Branchburg, New Jersey, March 5, 2021. Fresh Mike | Reuters Drugs Eli Lillyone of Indiana’s largest employers, said the company will outgrow its home turf due to the state’s newly passed law restricting abortion. Lilly said in a statement Saturday … Read more
They have become forces in their own right and account for about 21% of sales in the $1.7 trillion US grocery industry, according to IRI. But the origins of boutique brands remain largely secret. Retailers are usually not aware of the companies that make their brands. And manufacturers, likewise, have little incentive to disclose that … Read more
They have become forces in their own right and account for about 21% of sales in the $1.7 trillion US grocery industry, according to IRI. But the origins of boutique brands remain largely secret. Retailers are usually not aware of the companies that make their brands. And manufacturers, likewise, have little incentive to disclose that … Read more