Albertsons CEO unveils plan to compete with Walmart and Costco after $24.6 billion Kroger meltdown
Albertsons cites GLP-1s and AI as sources for optimism amid inflationary headwinds. Read More]
Business News
Ebay added $3 billion in market value in one day — thanks to Facebook’s rival marketplace
The European Commission’s recent antitrust ruling against Meta also gets an assist. Read More]
Fidelity predicts countries and central banks that once avoided Bitcoin will start buying it in 2025
In addition to the United States, Brazil and Russia are considering creating Bitcoin reserves. Read More]
Exxon predicts $700 million hit to profit from lower oil prices
The company faces “significant headwinds” at its refining division. Read More]
GSK, Pfizer RSV shots must warn about rare paralysis risk
An analysis found nine excess cases of Guillain-Barré for every million doses given. Read More]
Smaller countries must ‘double down’ on being open and neutral to survive a multipolar future, says Malaysia’s economic minister
“Defending global trade is very important to us as a country,” Rafizi told Fortune the day after Malaysia and Singapore unveiled the Johor-Singapore SEZ. Read More]
It’s not just McDonald’s. Other fast food chains are beefing up their value menus
Wendy’s, Taco Bell and more jump into the next round of the fast food price wars. Read More]
Allstate’s CIO is leaning on gen AI to make insurance policy coverage and claims requests more effective
© 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy… Read More »Allstate’s CIO is leaning on gen AI to make insurance policy coverage and claims requests more effective
Mandy Moore, Mark Hamill, and other celebrities have been evacuated in CA wildfires
Other stars with homes in the affected area include Adam Sandler, Ben Affleck, Tom Hanks and Steven Spielberg. Read More]
Tesla feature that allows drivers to summon parked cars using their phones faces U.S. safety probe
A potentially faulty driverless car feature found in roughly 2.6 million Tesla cars on U.S. roads highlights the risks associated with CEO Elon Musk’s plans to roll out unsupervised Full… Read More »Tesla feature that allows drivers to summon parked cars using their phones faces U.S. safety probe