Business News

We provide industry updates across market segments that impact today’s market and investor’s outlook.

Covid Treatment, Paxlovid, Receives Full Approval from FDA

On Thursday, the Food and Drug Administration granted full approval to Pfizer’s covid treatment pill. The antiviral treatment is meant for... The post Covid Treatment, Paxlovid, Receives Full Approval from FDA appeared first on StreetWise IR....

Published on: 2023-05-26

By Maggie Caraway

Threats Against Employees Forces Target to Remove Some Pride Merch

Target has decided to remove some of its merchandise associated with celebrating pride month after much backlash and controversy including threats... The post Threats Against Employees Forces Target to Remove Some Pride Merch appeared first on StreetWise IR....

Published on: 2023-05-26

By Maggie Caraway

Abercrombie & Fitch Posts Surprise Quarterly Profit

This week, Abercrombie & Fitch posted a surprise quarterly profit and increased the full-year sales forecast as the company leans into... The post Abercrombie & Fitch Posts Surprise Quarterly Profit appeared first on StreetWise IR....

Published on: 2023-05-25

By Maggie Caraway

Peloton Debuts a Rebrand Focusing on App and Tiered Subscription Pricing

On Tuesday, Peloton launched a new marketing campaign that focuses on reaching people of all fitness levels, incomes and ages. Peloton... The post Peloton Debuts a Rebrand Focusing on App and Tiered Subscription Pricing appeared first on StreetWise IR....

Published on: 2023-05-25

By Maggie Caraway

Amazon Plans to Introduce Updated Version of Alexa with Generative AI

Amazon is trying to keep up with conversational AI tools. In an interview with CNN, Senior Vice President of devices and... The post Amazon Plans to Introduce Updated Version of Alexa with Generative AI appeared first on StreetWise IR....

Published on: 2023-05-24

By Maggie Caraway

Paramount Set to Integrate with ShowTime and Raise Subscription Prices

Starting on June 27th, Paramount Plus subscription prices will go up as part of the company’s integration with Showtime. Currently, Paramount... The post Paramount Set to Integrate with ShowTime and Raise Subscription Prices appeared first on StreetWise IR....

Published on: 2023-05-24

By Maggie Caraway

Venmo Launches Program Geared Towards Teens

Venmo has launched a new program that will allow teens to have their very own account. Starting next month, parents and... The post Venmo Launches Program Geared Towards Teens appeared first on StreetWise IR....

Published on: 2023-05-23

By Maggie Caraway

Cava Files for IPO Following a Rise in Revenue

The Mediterranean restaurant chain Cava experienced a 12.8% rise in revenue in 2022 according to regulatory filings and has plans to... The post Cava Files for IPO Following a Rise in Revenue appeared first on StreetWise IR....

Published on: 2023-05-23

By Maggie Caraway

Wendy’s Announces Plan to Use Autonomous Robots to Make Deliveries

Wendy’s is introducing a new way for customers to get their food. The fast food chain announced a new partnership with... The post Wendy’s Announces Plan to Use Autonomous Robots to Make Deliveries appeared first on StreetWise IR....

Published on: 2023-05-22

By Maggie Caraway

Target Recalls Almost 5 Million Candles

Target has issued a recall for almost 5 million candles after reports of burns and lacerations. Target’s home goods brand, Threshold,... The post Target Recalls Almost 5 Million Candles appeared first on StreetWise IR....

Published on: 2023-05-22

By Maggie Caraway

Montana Becomes the First State to Ban TikTok

Montana has officially become the first U.S. state to ban the popular and controversial social media app, TikTok. Montana Governor, Greg... The post Montana Becomes the First State to Ban TikTok appeared first on StreetWise IR....

Published on: 2023-05-19

By Maggie Caraway

Starbucks is Changing its Ice Cubes

Starbucks announced a change to its ice, and yes, this is a big deal. Starbucks fans had quite a lot to... The post Starbucks is Changing its Ice Cubes appeared first on StreetWise IR....

Published on: 2023-05-19

By Maggie Caraway

Kraft Heinz Introduces ‘Remix’, a Customizable Sauce Dispenser

This week, Kraft Heinz made an exciting introduction to its new customizable, digital sauce dispenser. The dispenser can produce more than... The post Kraft Heinz Introduces ‘Remix’, a Customizable Sauce Dispenser appeared first on StreetWise IR....

Published on: 2023-05-18

By Maggie Caraway

Uber Updates Features to Let Teens Ride Alone

Teens, buckle up! Uber is now allowing teens under the age of 18 to ride alone for the first time as... The post Uber Updates Features to Let Teens Ride Alone appeared first on StreetWise IR....

Published on: 2023-05-18

By Maggie Caraway

Apple Introduces ‘Personal Voice,’ a Voice Replication Tool

Apple, on Tuesday, released a preview of accessibility features that will be a part of the iOS 17 update. One particular... The post Apple Introduces ‘Personal Voice,’ a Voice Replication Tool appeared first on StreetWise IR....

Published on: 2023-05-17

By Maggie Caraway

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