admin July 9, 2018

Starbucks is going strawless. The coffee company announced Monday that it will phase out plastic straws from all of its stores by 2020. The changes will help Starbucks (SBUX) eliminate more than 1 billion plastic straws per year, the company said. Plastic straws contribute to ocean pollution and pose a danger to marine life. Some […]

admin July 8, 2018

Hardly anyone in America wants to buy a Fiat. Fiat’s US sales are down 44% this year. The brand has sold just a third as many cars in 2018 as it did during the first six months of 2014, Fiat’s recent high-water mark. Americans bought far more Alfa Romeos than Fiats this year. “You look […]

admin July 8, 2018

The future of Rupert Murdoch’s Fox is live TV. Last week, Fox bought the rights to broadcast “WWE SmackDown” for five years. It made another five-year deal for Thursday night NFL games earlier this year. The two franchises are among the most popular on TV. Although the terms of each deal weren’t publicly disclosed, The […]

admin July 8, 2018

Britain’s biggest auto manufacturer is warning that a bad Brexit would blow a hole in the company’s profit and put a huge amount of its spending in the country at risk. Jaguar Land Rover said Thursday that if the United Kingdom leaves the European Union without maintaining a smooth trading relationship with the bloc, it […]

admin July 7, 2018

Boeing will take over the commercial aircraft division of Embraer, the Brazilian regional jet manufacturer. The two companies announced a joint venture on Thursday valued at $4.75 billion. The deal gives Boeing a bigger stake in the market for smaller jets. But it’s not just about expanding market share or competing with Airbus, said Carter […]

admin July 7, 2018

The risk of a global trade war is rising. That could sink the US economy into a recession, bringing an end to the second-longest expansion in American history. Although the economy is strong right now, businesses and investors are growing more worried about President Trump’s trade crackdown. Tensions are escalating, raising the chances that the […]

admin July 7, 2018

Getty Images/iStockphoto Thumbs-up for U.S. stocks. Headlines flashing warnings about trade wars and potential recessions abound, but stocks remain relatively resilient. Bulls are keeping the faith, arguing that underlying fundamentals—and perhaps the political calendar—point the way higher. A number of prominent Wall Street strategists remain sanguine about the outlook for U.S. equities, looking beyond […]

admin July 7, 2018

After months of holding back, businesses are going public with stark warnings about what could go wrong if the United Kingdom makes a mess of Brexit. Companies with tens of thousands of British workers have spelled out the potential damage to their business, turning up the heat on the UK government as it struggles to […]

admin July 7, 2018

COMPETITION forces companies to keep prices low to attract customers. But if a few firms become powerful enough, they can see off competitors and charge more. A new working paper by Jan De Loecker of the University of Leuven and Jan Eeckhout of University College London presents evidence that this is happening across the rich […]