Category : Business
Sandwich chain Jersey Mike’s confidentially files for IPO
Blackstone bought a majority stake in the sandwich chain in 2024 in a deal that valued the company at roughly $8 billion....
‘It’s just scale’: Local mom-and-pop car dealerships are growing or dying amid industry consolidation, rise of mega-retailers
Multibillion-dollar dealerships have been on the rise amid a decadeslong consolidation that has led to a grow-or-die mentality for many U.S. auto retailers....
Netflix was long ‘a builder not a buyer.’ Is that era over?
Netflix co-CEO Ted Sarandos said during an investor call that the company built its “M&A muscle” during its pursuit of WBD’s assets....
Some grocers are using AI to cut food waste and boost profit margins
Grocers turn to AI pricing to cut waste, protect margins and compete for deal-seeking shoppers—targeting dynamic pricing discounts....
Netflix reports earnings after the bell. Here’s what to expect
Netflix’s latest earnings report comes months after the streaming giant dropped its pursuit of WBD’s assets....
Airline CEOs urged by lawmaker to lower fares if fuel prices come down
Airlines have raised airfare, fuel surcharges and baggage fees this year to help cover a surge in fuel costs since the Iran war started on...
Why foreign automakers dominate the sedan market
SUVs may have taken over America, but high prices and oversaturation are pushing some customers — and automakers — back to sedans....
Spirit Airlines could liquidate as early as this week, sources say
The carrier is facing the added challenge of a spike in the price of fuel. Fuel is airlines’ biggest expense after labor....
Starbucks launches beta app in ChatGPT to fuel new drink discovery
Starbucks is trying to find ways to entice U.S. customers back to its cafes....