Daily Management Review
Business & Finance

AI Shopping Boom Puts Retailers' Customer Relationships at Risk

Artificial intelligence is rapidly becoming a new gateway to online shopping, and retailers are facing an uncomfortable trade-off. They need to appear in recommendations generated by AI systems because those platforms are increasingly sending highly engaged shoppers to retail websites. At the same...

Meta ordered to pay over $900 million for harm to children caused by social media

A judge in New Mexico has instructed Meta Platforms to pay over $900 million after a jury determined it did not safeguard underage users from sexually explicit content and facilitated the actions of "online predators" on its networks, according to The Wall Street Journal. Mark Zuckerberg's firm...

Apollo investment firm acquires EasyJet, values the airline at $7.7 billion

Apollo Global Management, a private equity fund, has struck a deal to buy British airline easyJet Plc, estimating its worth at £5.7 billion ($7.7 billion). A joint press release states that Apollo will offer 715 pence for each easyJet share. The board of directors of the airline unanimously advised...

BP completes sale of German refinery to European Klesch Group

BP plc has finalized the sale of its Gelsenkirchen refinery in Germany along with related businesses to the independent European oil refining firm Klesch Group. The agreement supposedly encompassed the 12 million tonne refinery, a tank storage facility in Bottrop, DHC Solvent Chemie GmbH, stakes in...

Meta's India Growth Brings Greater Regulatory & Government Pressure

Meta's rapid expansion in India is doing more than strengthening its position in one of the world's largest digital markets. It is also increasing the company's exposure to regulatory oversight, political scrutiny and public accountability as its platforms become increasingly central to...

British American Tobacco's first-half net profit loses nearly 30% despite revenue growth of 1.4%

British American Tobacco (BAT) announced a significant drop in its net profit during the first half of 2026, even though there was a small rise in revenue. As stated in the company's press release, revenue for the period from January to June reached £12.24 billion ($16.45 billion), up from £12.07...

Starbucks Revival Reflects a Return to Retail Fundamentals

Starbucks' decision to raise its annual sales and profit forecasts for the second time within a single fiscal year is about far more than stronger quarterly earnings. The upgraded outlook signals that one of the world's largest consumer brands is beginning to reverse a prolonged period of slowing...

Governments Tighten Legal Pressure on Telegram Over Extremist Content

Australia's decision to take Telegram to court over alleged failures to remove terrorist content marks a significant escalation in a wider international campaign to hold digital platforms legally accountable for extremist material circulating online. Rather than representing an isolated dispute...

Kia to invest $649 million in electric vehicle production in Mexico

Kia, the South Korean automaker, will allocate $649 million in Mexico, as revealed by Horacio Chavez, Managing Director of the firm's Mexican branch, at a press event alongside Mexican President Claudia Sheinbaum. The senior executive stated that Kia plans to upgrade the production line at its...

Johnson & Johnson to pay $5.5 billion to settle talc-related lawsuits

American healthcare company Johnson & Johnson has finalized a deal to resolve the outstanding lawsuits connected to the use of talc in its products. A press release states that the deal was made with attorneys representing the plaintiffs. Johnson & Johnson has consented to disburse a sum...
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