The Harris campaign announced Friday morning that it had raised $310 million in July, the biggest amount so far in the 2024 campaign cycle and more than double what Republican nominee Donald Trump raised, the bulk of it built on the rollout of Vice President Harris as the likely nominee of the Democratic Party. More than $200 million of the ...
U.S. orange production has plummeted as the industry faces volatile threats from extreme weather events, an incurable disease and economic pressures. Citrus growers are losing millions of dollars every year, according to the United States Department of Agriculture. At the same time, orange juice futures have hit record highs. “Citrus production in the United States [is a] pretty dire situation right ...
Yum Brands hopes to use artificial intelligence to take down drive-thru orders at hundreds of Taco Bell restaurants by the end of this year. The restaurant company announced on Wednesday that it is expanding its rollout of the tech in the U.S. as it eyes implementing it in drive-thru lanes globally. Yum Brands joins restaurant rivals such as Wendy’s and White Castle in betting on voice AI, but ...
Venu Sports, the sports streaming joint venture between Disney’s ESPN, Warner Bros. Discovery and Fox Corp., will cost $42.99 a month. The upcoming streaming platform announced its pricing on Thursday and said it plans to launch in the fall. It will offer a 7-day free trial. Further details are expected to be released when it launches. Venu is still pending regulatory approval. The goal is ...
CarShield, a company that sells vehicle service contracts to automobile owners that it claims will cover the cost of certain repairs, has agreed to pay $10 million in a settlement with federal regulators over charges that its marketing tactics were deceptive and misleading. In a statement Wednesday, the Federal Trade Commission said CarShield, which employs celebrity endorsers including rapper and ...
Federal Reserve officials said Wednesday that while there are signs the economy is slowing, the Fed was not yet ready to cut its key interest rate. Yet even as it held rates at their current level of about 5.5%, the Federal Open Market Committee’s latest statement included changes in language that acknowledged growing signs of economic weakness that suggest a ...
The United Auto Workers has endorsed Vice President Kamala Harris over Republican presidential nominee and former President Donald Trump. The union’s endorsement shouldn’t be surprising. UAW President Shawn Fain has been outspoken against Trump. The Detroit union also has historically supported Democrats, including President Joe Biden. It comes after Biden withdrew his re-election bid and endorsed Harris to become the Democratic nominee against Trump. Fain and Trump ...
Online home goods company Wayfair saw sales decline in its fiscal second quarter as its CEO called the current slowdown in the home goods category “unprecedented” — and likened it to the 2008 financial crisis. “Our credit card data suggests that the category correction now mirrors the magnitude of the peak to trough decline the home furnishing space experienced during the great ...
Call Don Draper, Venu Sports may have a marketing problem The Disney, Fox and Warner Bros. Discovery jointly-owned streaming service said Thursday it will launch this fall at $42.99 per month. That’s much more expensive than Netflix, Max, Peacock or any other major subscription streaming service. It’s a lot less than the $73-per-month YouTube TV or a standard cable bundle — but those offerings include a wide ...
WOODLAND PARK, N.J. — Kohl’s is thinking small to rev up its sales. The retailer is opening Babies R Us shops in its existing stores across the country starting this week, and plans to have 200 by the end of September. The shops will carry a variety of baby merchandise that the company hasn’t offered before, including shampoo, strollers and car seats. ...