Molson Coors Beverage Company is making some big changes. They plan to cut about 400 jobs, which is 9% of their salaried workforce in the Americas, by the end of this year. This is part of a bigger plan to restructure the company. Why are they doing this? Well, it's not easy out there. Companies in the U. S. that sell alcohol are facing some tough times. People are ...
The latest report from Deloitte's CFO Signals survey paints a picture of finance leaders treading carefully in uncertain times. With a confidence score of 5. 4, down from 6. 4 in the previous quarter, it's clear that optimism is taking a backseat. The survey, which gathered insights from 200 finance leaders in North America, reveals a significant drop in growth expec...
The US car market is facing tough times. After a quick rise in sales earlier this year, things have slowed down. People are buying fewer cars, and prices are going up. This is happening because of new taxes on imported cars, higher prices, and worries about the economy. Experts say that car sales might stay low for the rest of the year. This is a big change from las...
JetBlue is making big moves to save money. The airline is cutting some routes and parking planes. This is all part of a larger plan to deal with financial struggles. The CEO, Joanna Geraghty, shared the news with employees. She talked about the need to control spending and save cash. The airline hopes travel demand will pick up again. But even if it does, getting bac...
The confidence of homebuilders has taken a hit, reaching near-record lows in June 2025. This drop is largely due to higher mortgage rates and economic uncertainty. The National Association of Home Builders and Wells Fargo Housing Market Index (HMI) showed a decline in builder sentiment, falling 2 points to 32. This is a stark contrast to June 2024, when the index wa...
Big companies are making big changes. They are cutting jobs. Why? It's not just about saving money. It's about adapting to a changing world. The global economy is uncertain. Trade tensions are high. And technology is advancing fast. Artificial intelligence is a big part of this. It's changing how companies operate. Some leaders are even saying that AI can do the work...
It is no secret that trade policies can have a significant impact on the cost of goods. The recent shifts in trade policies have led to a wave of price increases across various retail sectors. This has put many retailers in a tough spot. They must balance the need to protect their profits with the risk of losing customers who might not be willing to pay more. Man...
A bridal shop owner in Virginia is navigating the challenges of trade wars. Christine Greenberg runs Urban Set Bride in Richmond. She has a clear perspective on the impact of tariffs on her business. Greenberg is frank about the difficulties she faces. She wants to support domestic manufacturing. However, she points out that the U. S. lacks the infrastructure to prod...
The job market is tough right now. People are taking on any role just to get a paycheck. This isn't new, but it's becoming more common. The number of job postings is dropping, and artificial intelligence is making things even harder. Plus, there's a good chance you'll be ghosted after applying for a job. Many people are stuck in jobs that don't use all their ski...
The retail world is facing tough times. A major retailer has recently shared some worrying news. The company's latest quarterly report showed a drop in sales. This dip was blamed on two main factors: consumer anxiety over tariffs and a backlash from a policy change. Tariffs have been a hot topic. They are taxes on imported goods. The CEO of the retailer warned ...