This will leave a gap that its competitors can now fill, but they’ll first need to win over its customers.
Q4 household spending surged past expectations: Consumer spending rose 4.2%, marking the first time since late 2021 that growth has exceeded 3% for two consecutive quarters—a strong signal that the economy remains resilient.
Partnerships, non-card payments, and value-added services will help offset potential losses from the Capital One-Discover merger
Other airlines like Alaska Airlines have also pushed into the premium space as the cards can bring in higher volume and revenues
While meme coins don’t have a long-term future as a payment method, there is growing momentum for stablecoin crypto payments
Retail crime is out of control, UK retailers say: Their concerns are shared across the pond, as US businesses struggle to stem in-store and online theft.
Q4 revenues grew 2% YoY to $25.7 billion but fell short of expectations. Surging R&D costs threaten Musk’s ambitious 2025 production goals.
Hy-Vee promotes head of retail media to be CMO: The fast-growing sector is providing a new path to corporate leadership.
Our take on RFK’s Senate hearing to date: His answers (or lack thereof) to pressing healthcare issues won’t do much to convince the American public he’s the right person to run the HHS.
Senators reintroduce Drug-price Transparency for Consumers Act: If passed, the Act could empower patients to make informed decisions about their healthcare amid a torrent of direct-to-consumer drug ads.
Caregivers in the US are overburdened: Healthcare and pharma companies have an opportunity to develop marketing strategies around providing them relief.
With cable in decline, Comcast bets on hybrid strategy: Peacock revenue grows, but subscriber slowdown raises questions ahead of its NBA media rights rollout.
Despite a $5 billion quarterly loss in the division, Meta remains committed to VR, even as rivals like Apple, Google, and Samsung close in.
With new feed-customization and business tools, it’s primed for deeper user engagement. But as ads roll out, brand safety worries could stall advertiser interest.
How SiriusXM plans to compete with Spotify: After a failed music streaming venture, the company is reinvesting in its car business.
Twin Peaks went public as a standalone company: Investors’ response to the sports bar chain could determine whether companies like Panera and Inspire Brands—parent of Dunkin’—IPO this year.
Levi’s delivers downbeat outlook as uncertainty roils retail industry: The company expects potential tariffs, FX headwinds, and higher taxes to weigh on its 2025 performance.
Horizon Media is hunting for acquisitions: The US agency is targeting companies in the influencer marketing and retail media sectors.