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Stories published on May 12
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  • Stories published on May 12

Sunday, May 12

23

What's New In Consumer Tech World Last Week? News That You Should Know (May 5-May 11, 2024)

www.benzinga.com

Apple may revive EV plans with Rivian partnership, Biden announces $3.3B tech investment in Wisconsin, Chinese state behind UK military data breach, Microsoft under scrutiny for cloud practices, Baidu PR chief resigns over work culture,…

Fast-Casual Dining Slows Amid Consumer Pressure

www.pymnts.com

Consumer caution at restaurants is reportedly dampening business at fast-casual eateries. As Bloomberg News reported Saturday (May 11), restaurants such as Red Lobster — which is mulling bankruptcy — and TGI Fridays are under greater…

17

Goldman Sachs Analyst Says Consumers Under Severe Pressure as Stagflation Intensifies

news.bitcoin.com

Goldman Sachs analyst Scott Feiler warns of a bleak outlook for consumers as stagflation looms, with a bearish stance on consumer cyclicals and defensive stocks. Amidst the administration’s troubled Bidenomics, heavily indebted consumers…

16

NAFDAC Sends Message To Alcohol Consumers, Reveals Substance That Could Cause Permanent Blindness

www.naijanews.com

The National Agency for Food and Drug Administration and Control (NAFDAC) has warned Nigerians against the consumption of fake alcohol. The agency stated that drinking fake alcohol can cause slow breathing and abdominal pain and could also…

14

Did US consumer inflation slow in April?

www.ft.com

Market Questions is the FT’s guide to the week ahead

13

‘Pfizer for All’ consumer platform aims to provide post-Covid boost

www.ft.com

Drugmaker follows Eli Lilly in cutting out middlemen and selling directly to patients

12

Penang Water Supply Corp working on swiftly restoring water supply to 69,000 consumers

www.malaymail.com

GEORGE TOWN, May 12 — An electrical fault at the Bukit Dumbar Reservoir and Pump House Complex here early this mornin...

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09

As the Red Sea crisis continues, pressure on consumer prices follows in its wake

www.theguardian.com

UK manufacturers and retailers are not yet passing on all the costs of diverting ships round southern Africa – but can that last?

08

Business News | Indian Consumers Choice Shifting to Branded Luxury Products

www.latestly.com

Get latest articles and stories on Business at LatestLY. The report highlights a noticeable change in purchasing patterns, with consumers increasingly favoring branded luxury goods, indicating a growing market for luxury products in India.

How Nigerians, lovers of brand-new cars, became ‘tokunbo’ consumers

businessday.ng

In 1985, Anthony Anamelechi, a young staff of the North Breweries in Kano bought his first car by entering a

Saturday, May 11

18

McDonald’s launches a $5 Meal Deal as inflation-weary consumers ditch fast-food

www.independent.co.uk

The meal may include a McChicken or McDouble along with fries and drink

14

Poor reviews, missing product: firms’ anti-woke offerings soak consumers

www.theguardian.com

A thriving retail niche caters to the performative masculinity of the right wing, oftentimes bilking its chauvinistic client base

Sweetgreen, Chipotle and other fast-casual chains are bucking the consumer slowdown

www.cnbc.com

Chipotle Mexican Grill, Wingstop and Sweetgreen all beat Wall Street's estimates for their quarterly same-store sales growth.

13

Sakura Buffet's licence cancelled over food safety; consumers warned against 12 linked caterers

Consumers are warned not to buy from 12 web-based businesses linked to Sakura Buffet, including Angel Confinement Meals and Home Tingkat Catering.

11

China consumer prices rise at faster rate in April

www.malaymail.com

BEIJING, May 11 — China’s inflation rate quickened last month, official data showed today, as the government works to bo...