It’s the Breakfast of Champions No More: Cereal Is in Long-Term Decline
Kellogg’s plan to ditch its cereal business highlights the depressed outlook for what was once America’s morning staple.Read More
Instacart Set to Raise IPO Price Target After Successful Arm Debut
At the high end of the new range, the grocery-delivery company would be valued at nearly $10 billion on a fully diluted basis.Read More
Rising Rates Make Big Companies Even Richer
The Fed raised interest rates to slow the economy—but at some big companies, the moves had the opposite effect, boosting profits and spending power.Read More
Stocks Climb, Shrugging Off Inflation
Investors scooped up stocks in a bet that strong U.S. consumers and a resilient labor market will keep the market humming.Read More
Arm Shares Rise as Trading Begins in Biggest IPO of the Year
Shares of Arm rose in their highly anticipated stock-market debut Thursday, in a sign of the reviving fortunes of an IPO market that HAs been in the doldrums for most of the past two years.Read More
Lazard’s New Boss Wants to Double Revenue by 2030
Peter Orszag, who will take over as CEO next month, detailed how he plans to revive the investment bank’s fortunes.Read More
Now Is No Time to Bet Against the American Consumer
Consumer spending is powering the economy in what looks like a very strong quarter. Unless the job market cracks, it won’t buckle.Read More
Europe’s EV Troubles Run Deeper Than China
Tariffs alone aren’t enough to keep Europe’s automakers in the fast lane.Read More
Strong Dollar Cuts Into Companies’ Overseas Revenue
Apple, UPS and others say the currency’s gains are hurting profit margins as goods become more expensive for customers abroad.Read More
Instacart’s Grocery Partnerships Are No Free Lunch
The delivery company’s success depends on how happy its supermarket customers are.Read More
