Netflix co-CEO Ted Sarandos testified before the Senate Judiciary Committee on Tuesday, defending the streaming giant's proposed acquisition of Warner Bros. Discovery. Lawmakers raised antitrust concerns and questioned the deal's impact on media competition and consumer choice.
Micron Technology is undergoing a profound transformation, pivoting decisively from consumer memory to become a powerhouse in high-bandwidth memory (HBM) for AI. With its 2024 HBM supply already sold out and massive fab investments in Singapore and Taiwan, the company is staking its future on the insatiable data center demand.
Updated federal nutrition advice emphasizing protein intake and whole foods is set to create sustained demand tailwinds for meat producers, with Tyson Foods positioned to capitalize on shifting consumer and institutional purchasing patterns.
A significant expansion of the partnership between AMD and GIGABYTE aims to integrate advanced AI capabilities directly into consumer hardware, signaling a strategic push beyond data centers into the premium gaming and creator markets.
The suspension of the CFPB's Section 1033 mandate has spurred voluntary agreements between banks and fintechs, reigniting debate over whether private innovation or federal regulation better protects consumer financial data.
PepsiCo reaffirmed its full-year financial guidance after reporting stronger-than-expected fourth-quarter results. The food and beverage giant announced price cuts of up to 15% on key snack brands like Lay's and Doritos in the U.S., citing consumer affordability pressures.
Furniture maker Flexsteel Industries reports a 9% year-over-year sales increase for its fiscal second quarter, driven by strategic pricing and new product launches. However, executives caution that looming 25% tariffs on inventory and a volatile consumer environment pose significant challenges for the latter half of 2026.
Walt Disney names Josh D'Amaro, current chairman of Disney Experiences, as its next chief executive, succeeding Bob Iger. The move signals a strategic focus on the company's highly profitable parks and consumer products division.
The Walt Disney Company announces Josh D'Amaro, current head of parks and consumer products, will take the CEO reins from Bob Iger in 2026, while Dana Walden ascends to Chief Creative Officer, marking a pivotal leadership transition for the entertainment giant.
The performance apparel brand partners with Archive to launch a certified resale program, aiming to extend product lifecycles and meet growing consumer demand for circular fashion.
Amid persistent inflation, New York's Division of Consumer Protection has published a comprehensive guide to help residents cut expenses on essentials from groceries to utilities, emphasizing that strategic, small changes can yield significant financial relief.
Payward, the parent company of crypto exchange Kraken, reported a 33% jump in full-year adjusted revenue, driven by a surge in trading volume and a new multi-brand corporate structure separating consumer products from core infrastructure.
After a challenging year that saw its shares lag the broader market, Home Depot is receiving cautious optimism from Wall Street. Analysts point to a resilient 2024 performance and strategic positioning for a potential rebound, even as consumer spending on home improvement faces pressure.
In a landmark regulatory decision, the FDIC has granted Ford and General Motors approval to establish their own FDIC-insured industrial banks. This move, set to fundamentally alter the landscape of auto financing, allows the automakers to directly gather customer deposits and fund loans, potentially reshaping competition and consumer options.
General Mills faces a pivotal moment as it appoints a new independent director and updates governance bylaws, while simultaneously expanding a voluntary recall of Pillsbury Pizza Pops in Canada over potential E. coli contamination. These parallel developments underscore the balancing act between strategic oversight and operational risk management for the consumer staples giant.
Finance author Robert Kiyosaki highlights a stark behavioral divide: while average consumers chase retail sales, the affluent see market crashes as prime buying opportunities. He points to recent dips in gold, silver, and Bitcoin as a case in point.
Polish online marketplace Erli has launched a legal challenge against rival Allegro, accusing the e-commerce giant of anti-competitive pricing policies that allegedly force sellers to raise prices across the internet, potentially harming consumer choice.
AMD and GIGABYTE are significantly expanding their collaboration, aiming to embed advanced AI capabilities directly into consumer hardware like laptops, motherboards, and monitors, signaling a strategic push to make on-device AI a mainstream feature.
As consumer spending tightens, McDonald's asset-light franchise model proves its resilience, driving consistent sales and positioning the fast-food giant to become a Dividend King in 2026.
Marzetti expands its flavor footprint with the strategic purchase of the fast-growing Japanese-American sauce brand Bachan's, aiming to capitalize on consumer demand for global and premium products.
