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After the company’s collapse during the 2008 recession, Citi’s stock has continuously struggled. Shares of the company saw more than a 30% drop over the last 5 years.
Since its commercial success in the early 1900s, peanut butter has become a mainstay in American pantries. It is mainly due to its affordability, convenience and taste.
The United States ranks below many industrialized nations when it comes to ridership on its passenger rail, but investment in U.S. rail is picking up.
At its height, Skype – a telecommunications app founded by Scandinavian entrepreneurs Niklas Zennström and Janus Friis, and Estonian engineers Ahti Heinla, Priit Kasesalu, Jaan Tallinn and Toivo Annus – had 560 million registered users.
It took seven years for Tim Cook to visit India again after traveling to the fast-growing country in 2016. Last April, the Apple CEO visited New Delhi and Mumbai to open two flagship stores, one in each city.
Airplane Wi-Fi has been around for decades but its reliability and speeds can vary widely depending on the airline, the route and the type and age of the aircraft.
Core inflation in the U.K. keeps rising while falling or flatlining in other major economies like the U.S. Even though the U.K.’s headline inflation is down, core inflation continues to climb as its consumer-price index rose to 7.1% in May.
After failing to reach a contract resolution with the studio association, more than 11,000 film and television writers remain on strike.
From the start-up sound to the camera click, here's how sound designer Jim Reekes created the Apple sounds you hear every day.
Saying the name out loud conjures images of Ivy League-educated investment bankers in tailored suits managing money for the wealthiest of the wealthy. Or closing deals in high-rise corporate offices. Advising the wealthiest of the wealthy.
New York ranked one of the most expensive cities in the world in 2022 whereas London ranked 28th, according to Worldwide Cost of Living 2022 from Economist Intelligence.
Boeing and Airbus are locked in a battle to secure airlines’ orders for their planes as Paris Air Show 2023 draws to a close. Massive orders from Air India, Riyadh Air and IndiGo have already been placed with these plane manufacturers.
In September 2022, Burger King owner Restaurant Brands International announced the chain’s $400 million Reclaim the Flame plan. Now the No. 3 burger chain behind McDonald’s and Wendy’s.
Charles Schwab is the largest public brokerage in the U.S., a leading provider for financial advisors, a top ETF asset manager and one of the biggest banks.
Interest in electric vehicles is at an all time high, with sales of new EVs up 55 percent in 2022 compared to the year prior. But there are still a lot of gas cars on the road today and there will be for a long time.
The biggest factors contributing to companies' bottom lines right now are high interest rates and artificial intelligence says Mark Zandi, chief economist at Moody's Analytics. Artificial intelligence presents both challenges and opportunities for workers
What are some of the strategies of the most successful businesses around the world? From Chick-fil-A and Starbucks, to Ikea and Target, WSJ talked to CEOs and business leaders about their unique approach leading these major brands.
T.J. Maxx and Marshall’s parent company TJX made almost $50 billion last year – more than Nordstrom and Macy’s combined. A decades-old TJ Maxx commercial promises customers “the max for the minimum price” and says the store is “never the same place twice.
Nvidia's rapid rise to a $1 trillion company was a watershed moment for the U.S. stock market. Not only did the U.S. chipmaker report blowout earnings, it also told investors to expect even more and more of those profits to keep rolling in.
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“Even monkeys can fall from their trees.” – Japanese Proverb
Continuing our global learning journey, our next stop is Tokyo Japan. Founded, in 1603, this city was once a small fishing village called Edo. In 1890, it became Tokyo which means Eastern Capital in English.
In Tokyo, you will find the world’s busiest intersection, the Shibuya crossing where 2,500 people cross the intersection, every time the lights turn green. This city also holds the record for the most Michelin starred restaurants at 212 places to enjoy amazing food.
Tokyo is the most populous city in the world with 37 million people. Uniqueness is everywhere, even in vending machines, where you can buy hot meals, fresh produce, and even umbrellas. There is one vending machine in the city for every two people.
Have lost count on the many times I visited Tokyo to experience their modern retail industry. This picture is from the New Otani Hotel gardens, a favorite during multiple visits.
As the Japanese proverb that opened this summary reminds us, no matter how accomplished we become, you can always make a mistake. Overconfidence can lead to missteps. Life is one sweet ride and Japan provides many reminders on how to enjoy it.
What matters to Today’s Consumer: 2024 consumer behavior tracker for the consumer and retail industries
This report is the third in our annual research series that examines evolving consumer behaviors. This year, we find that many of the behaviors we noted in our 2023 report have persisted, with consumers continuing to express concern about their personal financial situations amid rising inflation. However, this concern has dropped significantly in the past twelve months as just 43% of consumers worry their personal finances will worsen over the next 6–9 months, compared with 80% who were concerned that they would worsen in the equivalent period last year. - From Cap Gemini Read more
52% of consumers are extremely concerned about their personal finances compared to 61% last year. 43% of consumers fear their personal finances will worsen in the next 6-9 months, far below the 80% last year. One in five consumers has already used generative AI in shopping. - From Cap Gemini
The World Ahead 2024: five stories to watch out for
From the biggest election year in history, to how to control AI and even taxis that fly, The Economist offers its annual look at the world ahead. Read more
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