Etsy is Spending Big to Bring Buyers Back After Post-Pandemic Slump
The last year has been a difficult one for Etsy as it grapples with winning back customers amid a post-covid slump marked by changing consumer spending habits and a weakening economic background. To lure back shoppers, the company is going all-in on advertising. ...
Healthcare Consolidations Induce Regulatory Scrutiny Amid Rising Costs
Image: Dared Price purchased Graves Drug in 2010, which now has seven locations throughout South Central Kansas. Source: Dared Price. Since Dared Price founded his independent community pharmacies in 2010, haggling with large consolidated healthcare companies for fair...
Apps Make Splitting the Check a Breeze, Keeping the Holiday Spirit Alive
Image: Arvelisse Bonilla Ramos / Shutterstock Group dinners in the holiday season can be a headache, but splitting the bill doesn’t need to be. Champagne should be flowing, hors d'oeuvre should be yummy and having a good time the last thing on your mind should...
Navigating the Potholes of Rising Auto Insurance Rates
If you’re feeling like your wallet is being taken for a ride with skyrocketing auto insurance rates, you’re not alone on the back roads; you're in six lanes of bumper-to-bumper traffic. That’s according to a research report by Insurify and the U.S. Bureau of Labor...
Online shopping dominates holiday spending; consumers expect to feel the pinch later
Cristina Caba of Flanders, N.Y., had already decided to cut holiday spending this year, but she drew a line, sort of, when it came to buying gifts. For Thanksgiving, she invited fewer guests than in the past to join her, her husband and their two children for dinner,...
Nvidia’s DGX Cloud: A Niche Product That Adds to Its Riches
The company that’s winning because it makes the best chip in the business is now bolstering that innovation by jumping into cloud computing. Nvidia Corp. launched DGX Cloud, a virtual artificial intelligence supercomputer, putting its brand on all things AI as...
DraftKings Looks Like It Will Be Able To Continue To Dominate The Sports Betting Industry But It Will Come With A Cost
Scott Van Pelt, best known as an American sports commentator, is suddenly all over ESPN pitching something new, an online betting site called ESPN Bet, which is the powerhouse combination of the most important sports network and Penn Entertainment, the sports giant...
Netflix Turns to Growing its Ad Tier as Profits Are Harder to Come By
To increase profits after the Hollywood strikes hit the streaming industry this year, Netflix chose the easiest and most lucrative option: raising prices to drive growth in its ad-supported subscription tier. The move may boost the streaming giant in the short term,...
Activist Shareholders Put in Fresh Bid for Board Representation as Disney Continues to Stem Losses
As it struggles to beat back streaming losses, box-office disappointments and debates around offloading divisions like ESPN and ABC, Walt Disney Corp. has to put out fires on another front: dissatisfied investors. Activist shareholder Nelson Peltz, the co-founder of...
Jamie Dimon Is Willing to Leave China—If He Has To
International investments are getting diminishing returns in China. While it’s still a profitable destination for multinational capital, financiers like JPMorgan Chase would be willing to say goodbye—if they had to. “I think it’s good for an American bank to be...