On the heels of the recent announcement that Disney will be setting up its seventh theme park in Abu Dhabi, one cannot help but feel a mix of excitement and trepidation about what this move could portend for the entertainment juggernaut and the region. The Walt Disney Company’s collaboration with Miral on Yas Island is
Business
President Donald Trump’s ambitious trade agenda, particularly his steep 145% tariffs aimed at China, was ostensibly designed to herald a renaissance in American manufacturing. Yet, recent statements from industry leaders like Mattel’s CEO Ynon Kreiz portend a sobering reality: such lofty aspirations could very well remain just that—aspirations. Kreiz’s announcements have illuminated the stark discrepancy
The landscape of American pharmaceutical manufacturing is on the brink of monumental change. Recently, President Donald Trump took a firm stand by signing an executive order aimed at revitalizing domestic drug production, which sets the stage for a robust debate about national security, economic independence, and pricing strategies. While the prospect of reshored manufacturing facilities
The retail industry stands at a precipice, confronting a future that hinges on the unpredictability of trade policies established under former President Donald Trump’s administration. The all-encompassing trade war serves as an existential threat to retailers who rely on consumer spending—a vital lifeblood for their businesses. Rather than merely grappling with rising input costs, brands
In a shocking turn of events that highlights the precarious state of America’s air travel system, United Airlines has announced the cancellation of 35 roundtrip flights daily from Newark Liberty International Airport. This drastic measure comes on the heels of severe passenger delays and extensive disruptions that left thousands stranded and frustrated. As United’s CEO
American Airlines is stepping up its game in the fiercely competitive world of aviation luxury with its newly unveiled business class suites featuring sliding doors. This ambitious initiative marks a significant shift for an airline that has struggled to keep pace with more innovative competitors. By prioritizing privacy and premium experiences, American aims not only
As McDonald’s prepares to unveil its first-quarter earnings, expectations are anything but optimistic. Analysts forecast earnings of $2.66 per share and revenues of approximately $6.09 billion. For a company so entrenched in the consumer landscape, this anticipated downturn is disconcerting. The fast-food goliath is now grappling with significant sales declines, particularly in its core U.S.
Last Wednesday, Yum Brands unveiled its latest quarterly financial results, and the buzz surrounding them is far from triumphant. While the company managed to report an adjusted earnings per share (EPS) of $1.30—slightly surpassing Wall Street’s expectations of $1.29—the underlying details paint a more troubling picture. The revenue fell short, landing at $1.79 billion against
Recently, General Motors (GM) reported a quarterly performance that exceeded Wall Street’s expectations, posting an adjusted earnings per share of $2.78 compared to the anticipated $2.74. On the revenue side, GM pulled in $44.02 billion, outpacing predictions of $43.05 billion. Yet, beneath these seemingly positive figures lies a cloud of uncertainty that could reshape the
In a shocking twist that many consumers never anticipated, Chinese e-commerce platform Temu has introduced import charges skyrocketing to nearly 145%. This is a result of President Donald Trump’s punitive tariff policies that have begun to reshape the landscape of online shopping in the U.S. With products now costing substantially more than they did just