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Have Potato Chips Reached Peak Price?
Posted inCompany Reports Consumer Behavior Inflation (Economics) Pepsico Inc Prices (Fares, Fees and Rates) Restaurants Snack Foods Supermarkets and Grocery Stores

Have Potato Chips Reached Peak Price?

PepsiCo reports in its earnings that people are buying fewer salty snacks from its Frito-Lay brands. It’s not the only food company that is seeking to lure back consumers stung by high prices.
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Posted by By Julie Creswell and Danielle Kaye
Auto Sales Grew Slightly in Second Quarter
Posted inAutomobiles Company Reports Coronavirus (2019-nCoV) Cyberattacks and Hackers Electric and Hybrid Vehicles General Motors Inflation (Economics) Interest Rates Prices (Fares, Fees and Rates) Toyota Motor Corp United States Economy

Auto Sales Grew Slightly in Second Quarter

High interest rates, economic uncertainty and a cyberattack appear to have dampened sales in the three months between April and June.
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Posted by By Neal E. Boudette and Jack Ewing
Walgreens Plans ‘Significant’ Store Closures, Citing Weak Consumer Spending
Posted inCompany Reports Consumer Behavior Drugstores Real Estate (Commercial) Shopping and Retail United States Walgreen Co

Walgreens Plans ‘Significant’ Store Closures, Citing Weak Consumer Spending

The pharmacy giant told investors that shaky consumer spending was affecting its retail operations. But some said the company’s strategy was also to blame.
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Posted by By Danielle Kaye
$3.34 Trillion
Posted inArtificial Intelligence Company Reports Computers and the Internet Huang, Jen-Hsun NVIDIA Corporation Standard & Poor's 500-Stock Index

$3.34 Trillion

The market value on Tuesday of Nvidia, whose chips have made it possible to create A.I. systems.
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Posted by By Santul Nerkar

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