Business
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Ford Frames 10% Sales Dip as Strategic Pivot
A 10.2% drop in July U.S. sales looks like a failure on paper, but Ford Motor executives insist the decline was entirely by design. By aggressively trimming low-margin rental fleet volume and sunsetting aging models, the company claims it is clearing the deck for a massive product rollout scheduled through the decade.

Foreign Buyers Retreat from U.S. Residential Market
International interest in American residential property has hit a decade-low, with transaction volumes plummeting 14 percent over the past year. Despite a slight softening of the dollar that theoretically boosts purchasing power, global investors and tourists are shunning the U.S. housing market in favor of other opportunities.

McDonald’s Taps Skye Anderson to Revive Sluggish U.S. Sales
As domestic customer traffic continues to slide, McDonald’s has appointed 26-year company veteran Skye Anderson to lead its U.S. division. The leadership shakeup follows a second-quarter report showing U.S. same-store sales growth of just 0.8%, signaling a need for a fresh approach to capture the American market.

Pfizer Beats Quarterly Estimates as Non-Covid Sales Offset Slump

Skye Anderson Takes Helm of McDonald’s U.S. Amid Sales Slump

Merck Raises Revenue Forecasts Amid Acquisition-Driven Profit Dip

Larry Berg to Succeed Don Garber as MLS Commissioner

FAA Clears Boeing 737 Max 7 for Service After Decade of Delays

Michigan Reports First Fatalities in Cyclospora Outbreak

Spider-Man: Brand New Day Shatters All-Time Domestic Opening Record
Visa acquires BioCatch for $2.4 billion to combat AI-driven fraud

Automakers pivot toward micro-vehicles to solve U.S. affordability woes

Airlines Signal High Ticket Prices Are Here to Stay
Incoming Best Buy CEO Jason Bonfig targets smaller store footprints
Clear Street pivots to pre-IPO trading with Databricks offering

Spider-Man: Brave New Day Shatters Domestic Preview Record

FIFA’s $20 Billion World Cup Sell-Off Faces Existential Boycott

Leopold Aschenbrenner’s $35 billion AI fund collapse

The fading allure of the IPO

General Motors developing proprietary AI for deeper vehicle control

Rivian Trims Capital Spending as Delivery Targets Hold Steady
Nolan's The Odyssey Extends 70mm Run Amid Ticket Scarcity
Jersey Mike's Slips Below IPO Price in NYSE Debut
Reformation Stagnates in Flat NYSE Market Debut

Stellantis Swings to Profit as North American Demand Increases

NBCUniversal and YouTube Forge a New Streaming Alliance

Benedetto Vigna Defends Ferrari’s Polarizing Electric Debut

Ferrari Lifts 2026 Profit Outlook After Robust Second Quarter

Wealth managers encounter a new rival: their own clients’ AI chatbots
