Investors were quick to forgive RTX's recently reported falloff in profit in Q2. Sales grew nicely and might have grown even faster but for a corporate restructuring. RTX's commercial airline parts businesses look especially healthy today. RTX's legacy defense business was about the only thing that went wrong in Q2...

Profits Crater at RTX -- but It's Not All Bad News

Uber’s first-quarter loss may have just been a small detour. Last year, the ride-share giant finally turned an annual profit after years and years of burning billions, only to slip back into the red in the first quarter of 2024. On Tuesday, Uber returned to profitability, bucking macroeconomic trends and proving it can diversify its revenue streams in the process.

Uber Coasts to Another Quarter of Profitability

Reuters

(Reuters) -Lyft's shares tanked 16% on Wednesday after a soft forecast for the key summer quarter stirred worries that it may be losing ground to rival Uber. Shares fell to an eight-month low of $9.20 in early trading, setting Lyft on track to lose over $700 million in stock market value.

Lyft's soft forecast fans worries of losing ground to Uber, shares tank

NBC News

Starbucks on Tuesday reported quarterly revenue that missed analysts’ expectations as both its U.S. and international cafes faced weaker demand. Shares of the company rose more than 1% in extended trading. Here is what the company reported compared to what Wall Street was expecting, based on a survey of...

Starbucks is reeling as customers go elsewhere, sales decline

(Reuters) -Monster Beverage missed market expectations for second-quarter sales on Wednesday as budget-conscious consumers kept a tight lid on spending, hurting demand for its pricey energy drinks amid an uncertain economic environment.

Monster Beverage misses quarterly sales estimates as economic fears slow demand

Starbucks, Coca-Cola Seek Trademark Renewal in Russia(Kevin Dietsch/Getty Images) (Credit: Getty Image) Starbucks' sales tumbled globally as more US and international consumers rejected its high-priced coffees. Starbucks sales dropped by 3% globally at all stores open for at least a year, according to its recent financial release. In North America...

Starbucks Sees Declining Sales as More Consumers Step Away From High-Priced Coffee

California State

Business Insider

The company reported weakening demand from US customers as people book trips closer to travel dates rather than in advance.

Airbnb just dropped more bad news about the US consumer

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

community_voice

NewsNinja

A lady is cautioning others about purchasing budget earrings from Amazon, Shein, and H&M, after she experienced keloid formations on her earlobes due to wearing them. On a TikTok post that has garnered more than 334,000 likes, Sailor Rozema (@sailor.rozema), a content creator, shares a warning with her community of "dangly earring girls": the inexpensive jewelry found in fast fashion can have negative impacts on your well-being.

‘I’ll never be wearing earrings for the rest of my life’: Customer warns against buying from Shein

Uber, Lyft, Grubhub and DoorDash scored a major victory in a recent ruling from California's top state court upholding Proposition 22 and the classification of drivers as independent contractors rather than employees. Gig economy companies, as well as drivers who prefer contractor status, think they now have nationwide momentum to...

Uber, Lyft and the gig economy think they've found a way to win the national labor war

The New York Times

The economy’s resurgence from the pandemic shock has had a singular driving force: the consumer. Flush with savings and buoyed by a sizzling labor market, Americans have spent exuberantly, on goods such as furniture and electronics and then on services including air travel and restaurant meals.

To Avoid a Recession, Consumer Spending Is Key

Charles Barkley said in a statement Tuesday he is not retiring and will stay with TNT Sports. Barkley said in June he planned to retire after next year's NBA season. Barkley signed a 10-year deal with TNT Sports in 2022. Charles Barkley is not retiring and he is not leaving...

Charles Barkley commits to staying at Warner Bros. Discovery's TNT Sports no matter what happens to NBA

Nearly half of student loan borrowers are anticipating debt forgiveness in the future. While there are ample opportunities for relief, consumer advocates warn families not to make borrowing decisions based on the assumption that they won't have to repay the debt. Nearly half — 48% — of student loan borrowers...

Nearly half of student loan borrowers are expecting debt forgiveness, Sallie Mae report finds

Missouri State

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

writer

CJ Coombs

Denny's was once a staple of the American diner landscape. In recent years, it has had its ups and downs, especially post-pandemic. The dining habits of people also change. Some customers have a more discerning taste.

Denny's: a legacy of serving customers for over 65 years including 27 locations in Missouri

Chris Pyle spends the entirety of his workdays wearing a white tank top and boxer shorts, sitting in a recliner. It's an unusual setting for a mechanic, but a profitable one. Pyle started answering strangers' questions about their gas and diesel engines on JustAnswer as a side hustle in October 2006.

45-year-old mechanic quit his full-time job for his side hustle—now he makes $14,200 a month: My paycheck is 'very consistent’

'Mad Money' host Jim Cramer talks the current consumer conundrum plaguing Wall Street right now.

Jim Cramer explains why Wall Street can't have it both ways with rate cuts

Illinois State

Chicago, IL

Foodie in Chicago

MOD Pizza has over 500 locations across the country with 22 restaurants in Illinois. The Washington-based chain offers fast-casual fare known for its customized, artisan-style pizzas. Customers can choose from over 40 toppings and 8 sauces to create their own masterpiece.

Bankruptcy Looms for Major Pizza Chain With Chicago Suburban Locations

South Carolina State

Explore Beaufort SC

The mantis shrimp is one tough customer. Beautiful and deadly are two words you don’t typically use to describe shrimp, but the mantis shrimp is definitely in a class of its own; earning a reputation as the ‘savage boxer of the sea’ and one of the most fearsome creatures in the ocean. And, they're right at home here in South Carolina.

Savage Boxer of the Sea: The Deadly Beauty of Mantis Shrimp

Hurricane insurance is somewhat of a misnomer: no one policy can cover your home after hurricane damage. Rather, you need a combination of homeowners insurance, windstorm coverage (which could have a separate deductible or be a separate policy in some hurricane-prone states) and flood insurance to recover from a hurricane.

Best hurricane insurance in 2024

Renton, WA

Boeing's new CEO Robert "Kelly" Ortberg takes the reins of the aerospace giant on Thursday. The 64-year-old aerospace veteran previously headed supplier Rockwell Collins. Ortberg inherits a company mired in safety and manufacturing crisis. 's new CEO on Thursday with a singular mission: restoring the reputation of a U.S. manufacturing...

Boeing's new outsider CEO Ortberg takes the helm, this time from the factory floor

Jessica Jackson was afraid of heights when she first started her job as a wind turbine service technician — now, she spends most of her days working 300 feet in the air. Jackson, 37, is a technician at Vestas, a wind turbine manufacturer, in Bee County, Texas, and earns $73,000 per year.

37-year-old mom earns $73,000 in one of the most in-demand jobs in the world—and it doesn't require a degree: 'I love what I do'

NewsBreak

Deliveroo shares jump 8% after posting first-ever profit on 'inflection' in consumer demand

Deliveroo, which is backed by e-commerce giant Amazon, made a net profit of £1.3 million ($1.65 million) in the six months through June, bouncing from a...

Deliveroo shares jump 8% after posting first-ever profit on 'inflection' in consumer demand

Comments / 0