Business, Entrepreneurship, and Investing

The price surge has shifted shoppers’ expectations, and many have begun to make peace with much higher costs, however grudgingly. The average price consumers say they’d pay for a dozen eggs is $5.56, the market research firm Numerator reported last month, up sharply from $4.90 in January.

As such, Ziploc bags are alleged to be "fundamentally unfit for microwave and freezer use" despite their labeling, which has been "leading consumers to believe they are fit to be microwaved and frozen without risk of microplastics leaching into their food." Consumers may have "unwittingly exposed themselves and their families to undisclosed microplastics during routine kitchen practices," per the filing.

Several port authorities have observed a similar drop in cargo volumes over the past few weeks, warning that such a decline could have significant and adverse effects on consumers—who may face rising prices and limited product availability—as well as the supply chain-linked sectors of the U.S. economy.

NEW YORK, May 7 (Reuters) - UnitedHealth Group (UNH.N) , opens new tab was sued on Wednesday for allegedly concealing how backlash from the killing of a top executive was damaging its business, causing its stock to nosedive after the insurer lowered its 2025 outlook.

The Minneapolis-based retailer fell short of several performance measures, which meant lower equity awards.

It should be no secret that Comcast, as well as many other cable TV and internet providers, have a firm reputation for shoveling mountains of bullshit and calling it their base fees only to have a bunch of hidden or sneaky other fees attached to invoices that greatly inflate the price of services. These have taken the form of everything from so-called “Broadcast TV Fees“, really just the cost of programming as part of the television service, or “Internet Cost Recovery Fees” on the internet side, whatever the hell that means. The end result has been decades of pissed off customers who are only now beginning to have other viable options for content and internet services, with much of the frustration stemming from these inflated prices, sneaky fees, and a complete lack of transparency as to what any of this is for.

Starbucks is planning to use zero-based budgeting starting during its next fiscal year.

USA Today reports this too, but skirted the real issue:

"In its earnings report released Tuesday, Sysco slashed its 2025 sales growth forecast by nearly 30%, lowering guidance from 5-7% to just 3.5-5%."

The largest consumer conglomerates are cutting their financial forecasts for the year, predicting lower sales and profits than before. That includes Pepsi (which also owns Frito-Lay and Quaker Oats), Kimberly-Clark (which makes Kleenex, Huggies and Scott toilet paper) and Procter & Gamble (which makes Tide, Pampers and Charmin).

Off course you can handle your expenses. But maybe you still want to know exactly how much you can spend TODAY.

No, subscription details haven’t been hammered out yet.

Put aside what you think about this news, this is likely going to happen as the admin doesn't care about legal challenges, they just implement policies.

Design software startup Figma announced Tuesday it has filed its confidential paperwork for an IPO. We won't know more until that paperwork becomes

Netflix is looking to double its revenue, triple its operating income and grow its subscriber base to around 410 million by the end of 2030.

cross-posted from: https://lemmy.world/post/28012156

At a recent Intel conference, Tan made no mention of breaking up the company, and said that Intel will launch new products like custom semiconductors.

Perplexity CEO Aravind Srinivas recently took to Reddit to address users’ product complaints and reassure them that the company is not under serious

CoreWeave co-founder Brian Venturo knows that three hedge fund guys, turned crypto miners, now running AI training infrastructure has been a wild ride.

Hollywood may be entering a "negative feedback loop" with fewer movie releases and theater closures squeezing revenue, a Wall Street analyst says.

Rivian will keep a minority stake in the new company.

But the secondary market concert ticket vendor reported a loss of $2.8 million compared to the $405 million profit it made in 2023

Yahoo sold TechCrunch to Regent, a Los Angeles-based investment firm that has been on a recent media buying spree.

It’ll be Google’s most expensive deal to date if it goes ahead.

TLDR: meme coin rug pulls, among other issues around centralization

Company has long drawn ire from musicians who say streaming model does not remunerate them enough

Zolve, a neobanking startup targeting global citizens seeking credit, has raised $251 million in a new round to expand into Canada and launch loans.

cross-posted from: https://lemmy.world/post/26658616

Redfin is being acquired in an all-stock transaction that values the real estate listing platform at $1.75 billion.

A positive economic development in the USA. Take a win where you find them.

Shares of Duolingo (DUOL) are plunging after the company released a mixed earnings report. Duolingo CEO Luis von Ahn joins Morning Brief to discuss the company's growth outlook amid this market reaction. "We're growing in every region," von Ahn tells Yahoo Finance, adding, "One thing that is really interesting is that even regions that are pretty mature for us are still growing fast." Addressing the company's substantial investments in artificial intelligence (AI), von Ahn explains, "We're in a unique point in time with artificial intelligence." He outlines Duolingo's plans to continue investing in the technology through the first half of 2025, emphasizing that these investments focus on creating content and conversational practice capabilities for their platform, which he expects will ultimately help reduce operational costs for the business. Von Ahn believes the AI strategy is "the right thing to do at the moment." To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith

Ryan Breslow is once again the CEO of Bolt, the fintech company told TechCrunch on Wednesday. Bolt shared a communication that recently went out to

The CEO of Canoo is buying nearly all of the defunct EV startup's assets out of bankruptcy, according to a court filing. A new entity controlled by the

Canal+ is remaining bullish in the face of a falling share price, as its first full-year results since its London listing revealed revenues of €6.45B.

More TSMC factories are coming to the US.

Warner Bros. Discovery linear networks continued to lose ground amid ongoing challenges, weighing on the fourth quarter along with more one-time charges.

cross-posted from: https://lemmy.world/post/26113488

The media giant is on track to reach domestic streaming profitability in 2025 as it awaits FCC approval for its $8 billion Skydance merger

Lucid Motors is changing CEOs for the first time in nearly six years. The company announced Tuesday that Peter Rawlinson is stepping down from the CEO and

DoorDash has reached an agreement with the New York Attorney General over an old practice wherein the company used customers' tips to subsidize its drivers' pay.

Company’s CEO says Google AI overviews serve to keep users on Google.

Skateboarding legend Tony Hawk once turned down half a million dollars in future royalties from the popular video game Pro Skater — and he says it was the “best financial decision” of his life.

Enterprise hardware biz produced record revenue, just $1M of profit, but execs think losses are behind it

Bosses bragged about Duo Chat bot, buyers weren’t buying it – claim

The CEO of controversial facial recognition startup Clearview AI has resigned, he confirms to TechCrunch.

Hours after the acquisition was announced, several Humane employees received job offers. Others were not so lucky.

Electric trucking startup Nikola is hoping to sell what remains of its whole business as early as April, lawyers for the company told a judge Thursday

Sweden's Viaplay continues to head back towards the black, as its fourth quarter financial results showed losses dramatically shorten.

Cinemark enjoyed the fruits of a strong end to 2024, driven by hits like "Wicked" and "Moana 2" to beat revenue projections with $814 million in Q4.

Sports streamer DAZN has sold a minority stake to Saudi Arabia's Surj Sports Investment in landmark $1 billion deal