Company Insights
Nike Dropped Caitlin Clark’s First Signature Shoe and It’s Almost Sold Out.
Basketball star Caitlin Clark’s first signature Nike sneaker almost sold out the same day of its release. Nike dropped the Caitlin 1s on Oct.
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Chipotle Resurrects its Margarita Drink in Halloween-Themed Limited Run
Chipotle decided to bring back a popular margarita drink after more than five years as part of a promotional event.
Company Insights
Enterprise AI Rush Is Creating a Cybersecurity Monopoly
As corporations channel cybersecurity spending into a handful of platform giants, the rest of the industry is facing extinction.
Stocks
AI Has Yet to Make Money for the Music Industry, and It May Take a Long Time
As artificial intelligence promises to remake one industry after another, investors have yet to figure out what it means for the music industry.
Company Insights
GE Vernova secures first U.S. permit for small nuclear reactor in Tennessee
The Nuclear Regulatory Commission issued a construction permit late September for a new type of nuclear reactor manufactured by GE Vernova’s nuclear venture, boosting the company’s power segment and reflecting heightened public and regulatory support for U.
Stocks
Tractor sales are sinking. Farm equipment stocks aren’t.
Farm equipment stocks are rallying in the face of one of the worst markets for tractors and combines in years, a sign investors think there is nowhere to go but up.
Company Insights
Target is outpacing their retail competitors
Move over Prime Day, Target Circle deal days have entered the race.
Tyson’s pork bill grows as beef losses bite
Tyson Foods will pay $48 million to settle claims that it drove up pork prices between 2014 and 2018, adding to the meat giant’s growing legal bill over allegations of price fixing.
Company Insights
Yum! Brands sheds Pizza Hut to prioritize Taco Bell, KFC
With nearly $3 billion in cash from the sale of its Pizza Hut brand, Yum! brands plans to focus on its restaurants with greater growth potential.
Company Insights
D.R. Horton boosts its stock buybacks
D.R. Horton (DHI) is increasing its stock buyback as it tries to project confidence in its prospects after a tough year for housing companies.
Company Insights
The New York Times Goes All-In On Video
There are about to be a lot more faces in the New York Times’ coverage as the paper of record is forging ahead with its pivot to video strategy, aggressively expanding its short-form video team.
Company Insights
Lawsuit alleges Costco misled members about ethically sourced products
Costco is known for bulk, low-price items, but a new lawsuit in Oregon alleges Costco’s cost savings come at the price of ethical labor practices.