Macy’s confronts struggles with new exclusive brands
Macy’s launch event for its new private brand, On 34th, also marked one of the first public appearances by Tony Spring (left) since he was named incoming CEO. Spring is …
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Apple reportedly building ChatGPT equivalent
CEO of Apple Tim Cook arrives at the Sun Valley Lodge for the Allen & Company Sun Valley Conference in Sun Valley, Idaho, July 11, 2023. Kevin Dietsch | Getty …
San Diego Comic-Con: Impact of Hollywood strikes
Visitors and cosplayers at a poster at San Diego Comic-Con. Ullstein Bild | Ullstein Bild | Getty Images San Diego Comic-Con will return to is roots this weekend, as Hollywood …
FTC and DOJ lay out rules for merger review to reflect digital economy
The Federal Trade Commission and Department of Justice said Wednesday that their new focus when evaluating mergers will include the impact a deal will have on competition for workers along …
Microsoft makes Meta’s new A.I. model available to Azure customers
Microsoft CEO Satya Nadella arrives at court in San Francisco, June 28, 2023. Shelby Knowles | Bloomberg | Getty Images Microsoft went big on artificial intelligence with its multibillion-dollar investment …
Bloomingdale’s, Gap, Aldo bank on pink merchandise
Bloomingdale’s is just one of the retailers and brands trying to tap into Barbie buzz. It has a pop-up with exclusive Barbie-inspired apparel and accessories, along with a life-sized Barbie …
Ocado hits five-month high after return to profit, keeping guidance
Ocado online supermarket delivery van. Mike Kemp | In Pictures | Getty Images Ocado shares surged on Tuesday after the British online supermarket and technology group kept its financial guidance …
Strikes, streaming losses, ad slump
Striking Writers Guild of America (WGA) members walk the picket line in front of Netflix offices as SAG-AFTRA union announced it had agreed to a ‘last-minute request’ by the Alliance …
House Judiciary expands social media inquiry to Meta’s Threads
Chairman Jim Jordan, R-Ohio, center, and ranking member Rep. Jerrold Nadler, D-N.Y., conduct the House Judiciary Committee hearing on the “Report of Special Counsel John Durham,” in Rayburn Building on …
U.S. online sales surge to $12.7 billion
Workers retrieve boxes at an Amazon fulfillment center on Prime Day in Raleigh, North Carolina, June 21, 2021. Rachel Jessen | Bloomberg | Getty Images Online spending in the U.S. …