Amazon executives say increased capacity in the eCommerce company’s fulfillment network will help ensure it can meet demand for holiday shopping in the coming weeks, but the ongoing labor shortage is increasing costs and causing inefficiencies. Get the Full Story Complete the form to unlock...
Starbucks’ base of active loyalty program members continues to grow, though that growth has slowed in the past several months. On Thursday (Oct. 28), the Seattle-based company, which operates the world’s largest coffeehouse chain both in terms of the number of locations and revenue, announced...
Given that Mastercard does business in 210 countries, few companies have greater exposure to — and insight on — the global economy and the consumer and business spending trends that drive it. Get the Full Story Complete the form to unlock this article and enjoy...
Ford’s mission is to run the internal combustion engine (ICE) vehicle business for cash to fund the company’s continuing development of electric vehicles, commercial vehicles and services, connected services and autonomy/mobility, company representatives said Wednesday (Oct. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
In a sign that consumer appetite for loan products has been resilient even in the pandemic — and that borrowers continue to online platforms to tap into those loans, LendingClub’s latest quarterly results Wednesday (Oct. 27) showed double-digit percentage gains in its core and adjacent...
The latest earnings results for French telecommunications giant Orange, covering its fiscal third quarter as of Sept. 30, showed an increase in customer base, mixed growth across Europe and strong performance in the Middle East and Africa. Get the Full Story Complete the form to...
At a time when brands are concerned that inflation-related price increases will turn consumers away, Kraft Heinz is seeing its sales shift to the most quickly inflating categories. The food and beverage company announced Wednesday (Oct. 27) that, in the third quarter of 2021, food...
Software and new business are expected to drive revenue growth and margin expansion at General Motors through the next decade, accounting for more than a quarter of the company’s revenue by 2030 and transforming it into a “platform innovator.” Get the Full Story Complete the...
Throughout the pandemic, Coca-Cola has been more cautious than most businesses in its outlook on the future, despite its strong performance in recent quarters. In fact, perhaps its success can be attributed to this very vigilance. On a call with analysts Wednesday (Oct. 27) discussing...
