Company Insights
Target Hires PepsiCo Executive Jim Lee as New CFO
Target Corp. announced Thursday that Jim Lee, an executive who has climbed the ranks over 26 years at PepsiCo, will be its new CFO.
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Company Insights
EVs
Rivian Banks on its Showrooms to Build its Brand
The Rivian space in Williamsburg, Brooklyn, with a R1T pickup truck in the foreground (Gerard Edic).
Company Insights
Dating apps are trying to foster more meaningful connections between people
Photo by Afif Ramdhasuma on Unsplash Kristina Osborne had recently ended a long-term relationship when she accidentally swiped right for a guy she thought she had seen at her gym.
Company Insights
Consumer boycotts of Starbucks and McDonald’s show greater impact outside the U.S.
Fareeha Ahmad, who works for a start-up in the Bay Area, spent on average $50 on her Starbucks vanilla sweet cream cold brew every month.
Company Insights
Etsy is Spending Big to Bring Buyers Back After Post-Pandemic Slump
The last year has been a difficult one for Etsy as it grapples with winning back customers amid a post-covid slump marked by changing consumer spending habits and a weakening economic background.
Company Insights
DraftKings Looks Like It Will Be Able To Continue To Dominate The Sports Betting Industry But It Will Come With A Cost
Scott Van Pelt, best known as an American sports commentator, is suddenly all over ESPN pitching something new, an online betting site called ESPN Bet, which is the powerhouse combination of the most important sports network and Penn Entertainment, the sports giant and gaming company.
Nvidia
Nvidia’s DGX Cloud: A Niche Product That Adds to Its Riches
The company that’s winning because it makes the best chip in the business is now bolstering that innovation by jumping into cloud computing. Nvidia Corp.
Company Insights
Activist Shareholders Put in Fresh Bid for Board Representation as Disney Continues to Stem Losses
As it struggles to beat back streaming losses, box-office disappointments and debates around offloading divisions like ESPN and ABC, Walt Disney Corp.
Corporate Strategy
Netflix Turns to Growing its Ad Tier as Profits Are Harder to Come By
To increase profits after the Hollywood strikes hit the streaming industry this year, Netflix chose the easiest and most lucrative option: raising prices to drive growth in its ad-supported subscription tier.
Banks
Jamie Dimon Is Willing to Leave China—If He Has To
International investments are getting diminishing returns in China.
Company Insights
Disney Blames Recent Box-Office Struggles on Streaming
Disney has attributed its recent blows at the box office to a decline in quality caused by growth in the streaming industry.
Health Care
Aging America Nudging UnitedHealth to Invest in Home Care
UnitedHealth Group is snapping up home-based care operators on a bet that as more Americans get older and sicker, they will want health services under their own roof.