Restaurants are testing the waters with subscription models as consumers embrace monthly fees for streaming services, pet food, and household goods. Restaurant chains like Panera and P.F. Chang’s, and local restaurants are experimenting with subscription services to increase customer traffic and revenue. …
American Express has introduced a new suite of financial products called Business Blueprint, aimed at small businesses as it seeks to strengthen its position in this sector. The launch follows the company’s acquisition of fintech Kabbage in 2020. Previously, American Express offered…
This week, the G-20’s leading financial officials are convening in Bengaluru, India, to address various global economic threats, including persistently high inflation and rising debt. This marks India’s first time hosting the G-20 financial conference in 20 years. Later in the year,…
The Supreme Court is considering whether social media giants Facebook, Twitter, and YouTube can be held liable for a 2017 terrorist attack by the Islamic State group on a Turkish nightclub. The case raises the question of whether these companies, which have…
Walmart reported impressive sales during the holiday season as cost-conscious consumers sought better deals on groceries and other items. Despite a general decrease in overall spending during the November-December shopping period, sales rebounded last month, indicating that shoppers were still spending despite…
In the coming months, Meta, the company that owns Facebook and Instagram, is launching a new subscription service offering users verified accounts. Beginning this week, testing for the “Meta Verified” service will take place in Australia and New Zealand before expanding to…
On Friday, a massive number of flights to and from German airports were cancelled as workers went on strike to demand pay increases that keep pace with inflation. The labour action, which took place at seven major airports, including Frankfurt, Munich, and…
Stocks on Wall Street have taken a dip on Thursday as concerns about persistent high inflation and rising interest rates persist. The S&P 500 index was down 0.6% following a report that showed inflation at the wholesale level was lower than expected,…
Elon Musk, the billionaire entrepreneur, stated during a video call at the World Government Summit in Dubai on Wednesday that he expects to find a CEO for Twitter by the end of the year. He emphasized the importance of stabilizing the organization…
Electric vehicle (EV) giant Tesla is known for its innovative electric cars, and although it has a strong following who consider it a “technology company,” its recent financial reports suggest otherwise. According to Tesla’s most recent financial report, the company’s revenue in…