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Heineken to cut up to 6,000 jobs globally, lowers profit growth forecast amid industry struggles
Heineken said Wednesday it plans to cut up to 6,000 jobs globally and expects slower profit growth in 2026 as the beer industry grapples with weak demand. The reductions…
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NewsGuild battles New York Times over hybrid work, ‘wrongly excluding jobs’ from union and health fund
FIRST ON FOX — The NewsGuild of New York is irked at The New York Times leadership. The Times Guild Bargaining Committee sent staffers a newsletter on Tuesday detailing the…
McDonald’s sales surge as struggling US consumers seek out value
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.McDonald’s reported better than expected sales growth…
Activist sportswear brand XX-XY Athletics sees Super Bowl weekend marketing spike with year-old commercial
The activist sportswear brand XX-XY Athletics saw a year-old ad explode in viewership over Super Bowl weekend, leading to sales tripling compared to a normal weekend for the…
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Estée Lauder sues Walmart over alleged counterfeit beauty sales
Estée Lauder Companies and several of its luxury brands have filed a federal lawsuit accusing Walmart of allowing counterfeit beauty and fragrance products to be sold through…
How to deploy ‘Buy European’ rules
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.EU leaders will meet in a Belgian castle on Thursday to…
Ford CEO says 'customer has spoken’ after EV shift drives major quarterly loss
Ford on Tuesday posted its largest quarterly loss since 2008 amid losses in the automaker's electric vehicle (EV) division, as well as the impact of tariffs and a fire that…