Darden beats on earnings, even as Olive Garden, fine-dining sales drag
Olive Garden owner Darden Restaurants reported flat same-store sales growth in its latest quarter. Source link
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Retail industry
Adidas investigates bribery allegations in China, FT says
Adidas has launched an investigation into allegations of large-scale bribery in China. Source link
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Why tariffs on Chinese EVs may not work
A few auto industry insiders are skeptical that tariffs will be able to hold off Chinese EV imports for long.
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Cocoa prices are soaring. Candy makers will need to get creative
Hershey, Mondelez, Mars and Ferrero are among the companies that will have to get creative to deal with soaring prices
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Tyson Foods suspends CFO after second arrest
Tyson had previously been arrested two years ago for falling asleep in the wrong house. Source link
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China and India lead the charge as digital wallets overtake cash and cards in Asia
Consumers in Asia-Pacific are the biggest users of digital wallets as physical cards and cash usage continue to decline, according
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Influencer Jake Paul launching men’s skin care line at Walmart
W will feature products priced at less than $10 and looks to tap into the growing market for men's grooming.
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Roche alleges counterfeit diabetes medical devices were sold on Amazon
Counterfeit diabetes test strips have been sold on Amazon and shipped to patients across the U.S., said biotech company Roche.
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Here’s how ‘spaving’ could hurt your finances
Spending more to save more, or "spaving," is a common trick retailers use. But consumers may find it adds to
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