Company Insights
Starbucks’ massive wage hikes are poorly timed despite a labor shortage
Starbucks Corp. (SBUX) is moving fast to get ahead of the labor shortage afflicting restaurants nationwide.
Section
Company Insights
Heard on the Street
Pinterest could become the best video e-commerce platform
By Olivia Morley If its new video strategy works, Pinterest could be the best at marrying video with e-commerce, at scale.
Earnings
Pinterest’s monthly active users declined in the third quarter, but show signs of stabilizing
By Olivia Morley Pinterest Inc. said its monthly active users (MAUs) declined to pre-pandemic levels in the September quarter, but have been stable since then.
Company Insights
In keeping booze ban, American Airlines sides with flight attendants
Pat Elliott One of the earliest precautions airlines took when COVID-19 struck the United States was cutting off in-flight food and beverage service.
Heard on the Street
Uber’s Plan to Offer Tesla Rentals Is Full of Hot Air
By Angel Adegbesan Uber’s decision to rent electric vehicles from Hertz rental company is all hype and investors were right not to buy into it.
Company Insights
Uber’s sustainable future is a long way off
By Jo Constantz While Uber has declared itself “on the road to zero emissions,” that road apparently has no end in sight.
Company Insights
Uber’s $3 billion Didi loss highlights the risk of international stakes
By Jo Constantz Uber Technologies Inc. recorded a $3.2 billion loss on its stake in Didi Chuxing Technology Co.
Peloton
Peloton must prepare to battle with gyms and studios as competition heats up in the fitness industry
By: Alexandra White Peloton thought virtual workouts were the next big thing for fitness consumers, but a dismal first-quarter earnings report revealed that it may have miscalculated that assumption.
Company Insights
Discovery Taps Ex-Disney Executive Kevin Mayer As Consultant
By Jessica Lerner Discovery Inc. has reaffirmed its commitment to its direct-to-consumer business. The company has brought on former top Walt Disney Co.
Company Insights
Discovery-WarnerMedia Merger Is The Only Way To Compete On a Large Scale
By Jessica Lerner In the so-called streaming wars, the only way to succeed is to be big. And if Discovery Inc.
Company Insights
Chewy CEO Hints at Future Brick and Mortar Locations – It’s a Potential Cat-astrophe
Angela Palumbo In a recent interview with Fortune, Chewy Inc. (CHWY) CEO Sumit Singh did not deny the possibility of the company opening retail locations in the future.
Company Insights
American Airlines seats filling back up ahead of the holiday season
Pat Elliott American Airlines Group Inc. is nearing a return to pre-pandemic levels of demand ahead of the important holiday traffic season.