Latest in Industry Growth
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Kroger’s sales growth dinged by lower fuel prices and more — but it says many shoppers ‘feel better’
Supermarket giant Kroger said lower fuel prices and the sale of its specialty-pharmacy business weighed on third-quarter sales, and that it expects fourth-quarter same-store sales to be lower than ...MarketWatch - Dec. 5 -
Yuval Sharon to step down as artistic director of the Industry opera company
Visionary opera leader Yuval Sharon will step down as co-artistic director of the Industry, the groundbreaking L.A. company he established a decade ago.Los Angeles Times - Dec. 5 -
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Toronto-Dominion Bank Suspends Growth Targets as It Reviews Business
Toronto-Dominion Bank said it suspended financial-growth targets as it reviews its business options, weeks after settling U.S. charges it failed to properly monitor money laundering.The Wall Street Journal - Dec. 5 -
MLS Commissioner Don Garber talks Apple subscribers, Messi and growth of soccer
MLS Commissioner Don Garber said Apple subscriptions are exceeding expectations.CNBC - Dec. 5 -
The UC Berkeley Project That Is the AI Industry's Obsession
Chatbot Arena ranks the world’s best AI models on a leaderboard based on user voting in head-to-head competitions between bots.The Wall Street Journal - Dec. 5 -
Safran Outlines Growth, Shareholder Return Plans
Safran anticipates further sales and profit growth next year and said it intends to return about 70% of its cash generation to shareholders from 2025 to 2028.The Wall Street Journal - Dec. 5 -
AI Hits a Wall: What This Means for the Tech Industry
AI commercialization is a game of musical chairs and the music has stopped. For now.Inc. - Dec. 5 -
Afghan economy shows modest signs of growth but recovery remains fragile, says World Bank
The World Bank says Afghanistan’s economy is showing modest signs of growth after two years of severe contractionABC News - Dec. 5 -
Lincoln Riley a reported target for UCF job as some in industry wonder if Riley wants soft exit from USC
The USC coach has a massive contract but finished the 2024 season at 6-6CBS Sports - Dec. 4 -
Starmer refuses to repeat Labour’s G7 growth pledge
Prime minister will set new target on Thursday, as he courts investment during Qatari visit to BritainFinancial Times - Dec. 4 -
France's political chaos casts long shadow over economic growth
"At a time when economic growth in France is slowing markedly, this is bad news. The public deficit will remain high, debt will continue to grow," ING analysts said.CNBC - Dec. 4 -
Britain wants to take the U.S. on as a global crypto hub — but the industry has its doubts
Steven Bartlett, a U.K. entrepreneur and podcaster, questioned whether the country had the risk appetite to capitalize on crypto's "generational opportunity."CNBC - Dec. 4 -
Power shortages in Ecuador are melting away the future of a small town’s ice-cream industry
Ice-cream production in this quiet Ecuadorian town began in the mid-20th century in a convent for Franciscan nunsABC News - Dec. 4 -
Why Brussels hopes cracking down on China will also save EU industry
Also in this newsletter: Is EU drug policy fair to poorer states?Financial Times - Dec. 4 -
Weak Australian economic growth hits dollar
Public spending offsets subdued consumer demand in ‘two-speed’ economyFinancial Times - Dec. 4 -
Salesforce surges on revenue beat, AI growth prospects – here's our new price target for the stock
Salesforce made clear that Agentfoce, its new AI offering, can kickstart revenue growth in the quarters ahead.CNBC - Dec. 4 -
Black Friday and Cyber Monday Shopping Exceeds Industry Estimates
An estimated 197 million people shopped from Black Friday to Cyber Monday, the National Retail Federation said, fewer than last year but surpassing the group’s expectations.The New York Times - Dec. 3 -
Frontier Airlines will install first-class seats as industry battles for high-paying flyers
Frontier Airlines, one of the world’s biggest budget airlines, is adding first-class seats.NBC News - Dec. 3 -
How Amazon Aims to Feed Whole Foods’ Growth With Mini City Stores
Whole Foods is expanding its small format Daily Shop locations to offer fresh produce, groceries, and prepared meals for residents in metropolitan neighborhoods.Inc. - Dec. 3 -
Nursing Home Industry Wants Trump to Rescind Staffing Mandate
A Biden administration rule that imposed minimum rules on nursing levels may not survive, even though many homes lack enough workers to maintain residents’ care.The New York Times - Dec. 3 -
AT&T sees earnings growth over next 3 years; eyes more than $40B in anticipated shareholder returns
AT&T anticipates earnings growth over the next three years thanks to the momentum of 5G and fiber servicesABC News - Dec. 3 -
Europe must make a choice on the steel industry
There is considerable investment into the green transition waiting to be activated, once policy clarity is achievedFinancial Times - Dec. 3 -
Frontier Airlines will install first-class seats as industry battles for high-paying flyers
Frontier Airlines next year will retrofit its Airbus jetliners to include two rows of first-class seats.CNBC - Dec. 3 -
Why Europe's Vaunted Car Industry Is in Crisis
Europe’s carmakers used to rule the world but now they are fighting battles at home and abroad.The Wall Street Journal - Dec. 3 -
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U.S. announces new export controls on China's chip industry
The United States on Monday launched its third crackdown in three years on China’s semiconductor industry, curbing exports to 140 companies.NBC News - Dec. 3 -
Tensions Rise Among Russia’s Elite as Economic Growth Slows
The slowdown is worrying for the Kremlin but not serious enough to significantly hobble its war effort.The New York Times - Dec. 2 -
LPGA commissioner Mollie Marcoux Samaan to step down from role after leading tour's significant growth
Marcoux Samaan served as the league's ninth commissionerCBS Sports - Dec. 2