Business
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Feline spending surges as pet retail shifts away from dogs
While inflation-weary consumers tighten their grocery budgets, a distinct retail trend has emerged: spending on cat-related goods is climbing even as dog product sales falter. With cat ownership rising by 5% in 2025 to 53 million households, industry giants are recalibrating their strategies to capture a growing feline-focused market.

Hyundai projected to surpass Ford in quarterly U.S. sales
For the first time in history, Hyundai Motor is poised to overtake Ford in U.S. quarterly sales. New forecasts from Cox Automotive suggest the South Korean manufacturer will shift 511,421 vehicles from July through September, edging out Detroit’s legacy giant, which faces a projected 7.1% decline in volume.

MGM Resorts stock slides after Diller’s People Inc. abandons buyout
A 9% drop in MGM Resorts International shares hit the trading floor Thursday following the collapse of a high-stakes takeover bid. Barry Diller’s People Inc., which already holds a 26.1% stake in the casino operator, officially rescinded its $48.30-per-share offer after months of stalled negotiations.

Olive Garden Sales Slump Drags Down Darden Restaurants

Lowe's Taps DoorDash and Wing for Drone Deliveries

Starbucks to Close 250 North American Locations in Turnaround Effort

Chinese Automakers Loom Over Trump-Xi Summit

McDonald’s bets on digital ads to drive billion-dollar revenue

McDonald’s CEO Warns of Sustained Stagnation for Fast Food Industry

McDonald’s bets $8.5 billion on franchisee-led restaurant overhaul
Qantas to Open Bookings for 18-Hour New York to Sydney Nonstop

Royal Caribbean Eyes $3 Billion Stake in Sandals Resorts

Trump Administration Cuts 760,000 Obamacare Enrollments Over Fraud Claims

Aurora bets on driverless freight to reach profitability by 2028

Peloton pivots to compact hardware and AI to revive growth

McDonald's Faces Investor Pressure Amid U.S. Sales Slump

Medicare weight-loss coverage drives 700,000 new patients to GLP-1s

Equipment Failure Snarls Air Traffic Across Northeast Corridor

Eli Lilly Pushes Oral GLP-1 Growth Amid Manufacturing Expansion

Paramount and Warner Bros. Clear Antitrust Hurdle to Finalize Merger

Nissan Targets U.S. Production Surge with 2027 Rogue Hybrid

The Triple Squeeze: American Business Faces a Perfect Economic Storm

Bill Franke pivots Frontier toward premium cabin upgrades

Kylian Mbappé joins On as Nike pivots strategy
Disney Appoints First Chief Technology Officer to Lead AI Integration

US Automotive Industry Presses Trump to Block Chinese Market Entry

Macklemore concert prices surge following removal from Ed Sheeran tour

Wendy's Major Franchisee Meritage Hospitality Files for Bankruptcy

The blurring lines between beauty and wellness
