Fast Food Chains Raise Millions to Oppose California Wage Law

Fast Food Chains Raise Millions to Oppose California Wage Law

McDonald’s starbucks Chipotle Mexican Grill and other big restaurant chains are joining to spend millions of dollars to try to overturn a new California law that could set the state’s minimum wage for the fast food industry as high as $22 an hour next year. The “Save Local Restaurants” coalition said Friday it has raised … Read more

Nikola Tries to Ignite Market for Its Hydrogen Fuel-Cell Trucks

Nikola Tries to Ignite Market for Its Hydrogen Fuel-Cell Trucks

Ace Nicholas founder stands trial on securities-fraud charges, a revamped management team is pushing to make the company the first to market hydrogen-powered commercial trucks in the US—and to overcome production and credibility challenges that have weighed on its shares. The seven-year-old company’s first battery-powered electric trucks rolled off the assembly line this year, and … Read more

Nike, Boeing share losses lead Dow’s 340-point drop

Nike, Boeing share losses lead Dow’s 340-point drop

Behind declines for shares of Nike and Boeing, the Dow Jones Industrial Average is in selloff mode Friday afternoon. The Dow DJIA, -1.71% was most recently trading 340 points, or 1.2%, lower, as shares of Nike NKE, -12.81% and Boeing BA, -3.39% are contributing to the blue-chip gauge’s intraday decline. Nike’s shares are off $11.60 … Read more

Altria Decides to Compete With Juul in Vaping

Altria Decides to Compete With Juul in Vaping

Listen to articles (2 minutes) altria Group Inc. has decided to compete with Juul Labs Inc., distancing itself from a vaping upstart in which it invested nearly $13 billion and which now faces a potential ban of its e-cigarettes in the US The decision gives the Marlboro maker the flexibility to acquire another e-cigarette brand … Read more

Lululemon Launches Hybrid Fitness Platform

Lululemon Launches Hybrid Fitness Platform

Lululemon Athletica is expanding its fitness offerings with the launch of Lululemon Studio, a new platform that gives members access to thousands of online and in-person fitness classes. Lululemon Studio is the cornerstone of the fitness apparel’s new membership program, both of which will launch on Oct. 5. It also marks the next chapter for … Read more

Jennifer Lawrence Lists Her New York City Loft for $10.5M and who is still eligible for free school lunches — and how can you apply?

Nike, Boeing share losses lead Dow’s 340-point drop

Hi, MarketWatchers. Don’t miss these top stories. Jennifer Lawrence Lists Her New York City Loft for $10.5M May the odds be ever in her favor! Jennifer Lawrence recently listed her ella swanky three-bedroom loft in New York City’s star-studded Tribeca neighborhood for a cool $10.5 million. Read More Advice from a longtime real-estate agent: ‘Owners … Read more

The Fast-Food Chain With a Sold-Out Fashion Line

The Fast-Food Chain With a Sold-Out Fashion Line

BRIGHTON, England—R&B singer Kelis belted out her 2003 hit “Milkshake” to cheers at an outdoor show about 50 miles south of London. The hubbub wasn’t just about the music. Many came for the sausage rolls and, particularly, the sausage roll-theme merchandise. The festivities were sponsored by fast-food and bakery chain Greggswhich serves some 2.8 million … Read more

Mortgage rates hit 6.29%, Freddie Mac says and rents fell in August for the first time since November 2021

Nike, Boeing share losses lead Dow’s 340-point drop

Hi, MarketWatchers. Don’t miss these top stories. Rents fell in August for the first time since November 2021, but tenants are still struggling. Here’s why. Rents dropped from July to August, and annual growth appears to be slowing down. Read More How much should I tip my housekeeper? My husband says that we should tip … Read more

Food Supply Stays Tight as Disappointing US Harvest Adds to Global Challenges

Food Supply Stays Tight as Disappointing US Harvest Adds to Global Challenges

A lackluster US harvest this year is setting back efforts to relieve a global food supply that has been constrained by Russia’s war in Ukraine, agriculture-industry executives said. Senior executives from companies such as Bayer corteva Archer Daniels Midland and bungee said worldwide crop supplies remain tight, and some said at least two more years … Read more

Food prices see highest increase since 1979 — and this key staple is up nearly 40% on last year

Food prices see highest increase since 1979 — and this key staple is up nearly 40% on last year

Food prices continued to rise in August, putting pressure on lower- and middle-income households in particular. The cost of food for home preparation were up 13.5% as compared with August 2021, the highest rate of growth since March 1979, government data show. The annual rise in the US consumer price index was 8.3% in August. … Read more