Author: Editor

As the US and Europe tighten their supply chain regulations, apparel retailers face an urgent task: map and trace the many layers of their supply chains to gain full visibility into what’s happening — not only at their direct suppliers, but also at their suppliers’ suppliers.Extended producer responsibility in the US and digital product passports in Europe — both of which are being implemented in phases over the coming months — require businesses to submit accurate documents to prove compliance with regulations, said Mark Burstein, the senior vice president for Americas at the software company Inspectorio, which provides an AI-powered…

Ford Motor vehicles are displayed for sale at the Leif Johnson Ford dealership on June 30, 2026, in Austin, Texas.Brandon Bell | Getty ImagesDETROIT — Despite reporting a 10.2% decline in its July U.S. vehicle sales Tuesday, Ford Motor is touting the results as a “good sales month.”That’s according to Rob Kaffl, Ford’s director of U.S. sales, who said the steep decline from the previous year was “by design,” as the Detroit automaker phased out two vehicles and lowered its daily rental fleet business. “July was a good sales month for a number of reasons. Our July results reflect a…

With great power comes great responsibility, and BMW is using that power to beam “Spider-Man” ads into its cars.The German auto giant has been showing a banner ad for “Spider-Man: Brand New Day” in cars since late July as part of a brand tie-up with Marvel’s latest blockbuster.The banner reads “Surprise! Spider-Man just dropped into your BMW!” Tapping the ad triggers a full-screen animation that plays across the Control Display, the main center screen, while the car’s ambient lighting changes color in sync.The animation follows a BMW driving through a city street as Spider-Man swings overhead. It closes on Spider-Man…

Houses in Orchard Hills in Irvine, California, on Tuesday, May 28, 2024.Paul Bersebach | Orange County Register | Medianews Group | Getty ImagesA version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.Foreign buyers are pulling back sharply from U.S. residential real estate, but one segment of the nation’s homebuilders is still seeing strong international demand.  Sales of U.S.…

Pfizer Inc. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, March 4, 2026. Michael Nagle | Bloomberg | Getty ImagesPfizer on Tuesday reported second-quarter results that topped estimates and hiked the low end of its revenue outlook, citing an expected $1.5 billion bump in sales from its non-Covid products.The company is now expecting full-year revenue to total $60.5 billion to $62.5 billion, which compares to a previous outlook of $59.5 billion to $62.5 billion. That sales range would still be roughly flat or down slightly compared with 2025 revenue of $62.6…

Skye Anderson, president of McDonald’s USASource: McDonald’sMcDonald’s announced that company veteran Skye Anderson will lead its U.S. business, effective Tuesday, as the company tries to win over cost-conscious diners in its largest market.”I look forward to working closely with her and the U.S. leadership team to help accelerate performance and unlock the significant opportunity in front of us, and I have tremendous confidence that she is the ideal leader for this next phase of our U.S. business,” McDonald’s CEO Chris Kempczinski said in a statement.Earlier this year, Anderson was named chief operating officer for McDonald’s USA. Prior to that, she…

The exterior view of the entrance to Merck headquarters in Rahway, New Jersey, on Feb. 5, 2024.Spencer Platt | Getty ImagesMerck on Tuesday beat second-quarter estimates and hiked its revenue outlook, as a slate of new products showed strong growth. But the pharmaceutical giant cut its profit guidance due to a charge tied to its acquisition of biotech company Terns Pharmaceuticals. Merck now anticipates its 2026 revenue will come in between $66.3 billion and $67.3 billion, up from a previous guidance of $65.8 billion to $67 billion. The company also expects adjusted earnings to be between $2.66 and $2.76 per share, which now…

Disagreeing with coworkers is rarely easy — and it’s even trickier when that coworker is your co-CEO.Dropbox co-CEO Ashraf Alkarmi told Business Insider that disagreeing with coworkers is simply part of any job.Alkarmi, who previously held leadership roles at Vimeo and Meta, joined Dropbox as senior vice president and general manager of its core products in 2024. He became co-CEO in May, alongside Dropbox founder Drew Houston, and will eventually become the company’s sole CEO.”Since I joined Dropbox, I had a relationship with Drew that was really based on trust, respect, and debate,” Alkarmi said.Alkarmi said the first step to…

To stand out in this job market, think like a porcupine.Hiring leaders are on a “spike” kick, dropping the term on podcasts and social-media posts. These recruiters aim for employees who lead in one skill, rather than those who are well-rounded. Shopify’s Tobi Lütke and Coinbase’s Brian Armstrong have agreed with the theory of spikiness.The underlying idea isn’t new; VC and author Richard Koch has been writing about having a “20% spike” since 2005. It’s taken on new relevance, though, thanks to a tough job market and AI’s blurring of job titles.Candidates need to stand out. They’ll need a spike.What…

Young South Koreans are coping with the latest stock market rout with humor: making memes, cracking dark jokes, and posting screenshots of their battered portfolios online.After soaring earlier this year on AI optimism, the country’s benchmark Kospi index has been rocked by sharp swings, leaving many retail investors in the red.The index has lost about one-third of its value since hitting a record high in June, erasing much of the gains that had more than doubled from the start of the year.The fallout from the market volatility spilled over to TikTok and Instagram, where young South Koreans are documenting the…