Nora is a Business News Fellow at Business Insider in London. She graduated from the University of Cambridge with a BA in Politics & International Relations. Before joining Business Insider, Nora previously interned at the Financial Times and a housing and construction publication.
Companies have continued to cut jobs in 2024 after a wave of layoffs last year. Meta, Goldman Sachs, Google, and Tesla are among those shedding staff.
With Trump, tariffs are likely to be a headache, tax cuts could be a tailwind, and an immigration crackdown may make hiring skilled workers harder.
Fast-food chains like McDonald's, KFC, and Burger King face declining sales in the US as rising prices deter customers.
Food delivery costs rise but demand remains high as Americans prioritize convenience and time-saving over price.
Retailers and fast-food giants like McDonald's, Starbucks, and Costco leverage loyalty programs to drive sales and gain consumer insights.
Global sales at the Golden Arches fell 1.5%, driven by international markets, especially France, the UK, China, and the Middle East.
QR codes for menus, increased cleanliness standards, and the rise of the self-service kiosk are all legacies of COVID in restaurants.
Tech
2024-10-28T12:51:49Z
Olympus' shares slid almost 6% in Tokyo Monday after it was announced that Stefan Kaufmann had resigned from the company.
About 50 restaurants will be shut this year with the other 100 closing in 2025 in an attempt to raise annual unit volume sales to $2.2 million.
Before the Future of Investment Initiative starts next week, Mohammed bin Salman has invited some outsiders to see the first completed part of Neom.
The Dubai-based airline is one of Boeing's biggest customers, so the order is not unusual. The timing of the announcement, however, is noteworthy.
Demand for luxury goods is slowing in China, and tough economic conditions aren't only to blame for this.
LVMH reported a 3% decline in sales in its latest quarter, driven by decreased demand from Chinese consumers.
Walgreens announces the closure of 1,200 US stores within three years.
Beef has hit record highs, pushing up prices for burgers and steaks at fast food chains and restaurants already struggling with rising costs.
LVMH's expansion into sports continues as Bernard Arnault's family plans a 55% stake in Paris FC.
Zara's website is a bewildering maze that's often criticized for being almost unusable. Yet it's helping the chain thrive amid the luxury downturn.
Luxury sector stocks are suffering as European markets react to China's economic uncertainty and lack of fresh stimulus information.
Nick Bloom, an economics professor at Stanford University, found that, on average, employees ranked hybrid work as valuable as an 8% pay rise.
GeoStabilization International will divide $75 million with workers following its sale by KKR after almost six years of ownership.