Business

PepsiCo did not hit the expected revenues for the second quarter as competition from private-label brands, along with a series of price hikes, weighed on the brand’s snacks and soda,...

At VB Transform 2024, IBM‘s David Cox made a compelling case for open innovation in enterprise generative AI, building on the company’s long-standing commitment to open-source technologies. The VP of...

DVD rental service Redbox is set to shut down after 22 years in business, as streaming continues to dominate the at-home entertainment market. Redbox’s parent company, Chicken Soup for the...

Amazon’s podcast company Wondery has inked an exclusive distribution and ad-sales deal for the popular podcast, Armchair Expert with Dax Shepard. The agreement calls for Wondery and Armchair Expert to co-develop and produce...

Consumers got the first break from inflation since the height of the pandemic in 2020. This significant decline signals a recent slowdown in inflation, raising hopes that the Federal Reserve...

For the first time in seven years, Costco is raising its annual membership fee, increasing the previous charge by $5 to $10. The move will be Costco’s first fee hike...

NFL chief Roger Goodell indicated today a Paramount-Skydance merger may not impact football on CBS, although he didn’t commit, and that matches on Netflix may expand beyond the streamer’s recent...

EXCLUSIVE: Owen Wilson is to play Yeti hunter Tom Slick in a new scripted podcast that also stars the voice talent of Sissy Spacek and Schuyler Fisk. The trio star...

This as-told-to essay is based on a conversation with George Vukasin Jr., president and CEO of Peerless Coffee and Tea. It has been edited for length and clarity. Growing up,...

Margrethe Vestager angrily rebuffed claims that she approved an airline deal to help secure Italian government support for European Commission President Ursula von der Leyen’s second term. The EU’s competition...