Business (24)
Comprehensive coverage and expert analysis in business. Stay informed with the latest developments, trends, and insights.
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Trump mulls sweeping IT outsourcing block as allies tout 50% tariffs
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IT outsourcing faces a potential Trump-era ban as Loomer claims a sweeping block and allies push 50% tariffs; fact-checks note no official policy yet.
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Empty storefronts: hard truth—16-month vacancies, 58% 10-year leases
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Empty storefronts persist as landlords weigh option value: 16-month average vacancies, 58% ten-year leases, and a modest 7.7% SF vacancy after a tax.
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Panera Decline Exposed: Sales Down 5% to $6.1B as Dough Hubs Close
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Panera decline accelerates: sales fell 5% to $6.1B in 2024, nine dough facilities closing, and a 12% spending drop reshapes strategy amid lawsuits.
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Alcohol-free beer surges to 9% share as German beer sales drop 1.4%
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Alcohol-free beer is booming in Germany as beer sales fell 1.4% to 8.3bn litres in 2024; no/low share hit 8–9% (~670–700m litres). Younger drinkers lead.