The Wall Street Journal.4 hours agoPepsiCo, Which Relies on Irish Imports, Says Tariffs Will Ding EarningsThe Wall Street Journal. - Laura CooperMaker of Cheetos and Mountain Dew also cites consumer-confidence drop caused by inflation, global trade war PepsiCoPEP-3.49%decrease; red down pointing triangle relies on soda concentrate from Ireland to make its U.S. drinks. Now, because of tariff costs, the company says it no longer expects its …
The Wall Street Journal.1 hour agoPrivate Equity Sets Up Shop on Madison AvenueThe Wall Street Journal. - Katie Deighton and Rod JamesOnce put off by ad agencies’ fickle cash flows, private investment firms now see an opportunity to capitalize on the sector’s accelerating shift toward automation Private-equity firm Truelink Capital on Thursday announced an investment in Channel Factory, an advertising technology company that uses …
The Wall Street Journal.4 hours agoComcast Loses Broadband Customers, Takes Theme-Park Hit From L.A. FiresThe Wall Street Journal. - Patience HagginMedia company’s Peacock streaming service gains momentum, with losses narrowing ComcastCMCSA-4.25%decrease; red down pointing triangle continues to lose broadband and cable-TV subscribers, but found bright spots in the first quarter with its mobile-phone plans and Peacock service. Shares fell 6% in …
The Wall Street Journal.4 hours agoAmerican Airlines Pulls Full-Year Outlook on Concerns Over Travel DemandThe Wall Street Journal. - Katherine HamiltonQuarterly loss was less than analysts had forecast, while revenue dipped to $12.55 billion. American AirlinesAAL1.44%increase; green up pointing triangle withdrew its full-year guidance after domestic travel demand declined in the first quarter. The Fort Worth, Texas-based airline on Thursday posted …
The Wall Street Journal.2 hours agoJersey Mike’s Hires New CEO After $8 Billion SaleThe Wall Street Journal. - Heather HaddonCharlie Morrison, former Wingstop CEO, to lead sandwich chain after Blackstone deal; founder Peter Cancro remains chairman Jersey Mike’s Subs founder and longtime leader Peter Cancro is passing the deli meat slicer after 50 years running the sandwich chain. Charlie Morrison, who previously led …
The Wall Street Journal.2 hours agoU.S. Needs More Power for AI—but Critical Equipment Is Pricey and ScarceThe Wall Street Journal. - Jennifer Hiller and Katherine BluntTariffs create new challenges for an industry overwhelmed by the sheer number of projects in line to connect to the nation’s power grid The U.S. needs massive amounts of electricity to power the AI race, but it is getting harder to deliver. Investors and developers are putting financing decisions on …
