business
Sex Dolls, Boycotts, Protests: Furor in France as Shein Opens Paris Store
France threatened to ban Shein after learning the Chinese-founded e-commerce giant was selling child-like sex dolls on its platform ahead of the opening of its first-ever permanent bricks-and-mortar location in Paris this week. Source link
$615,000 a Day: Order to Keep Coal Plant Open Ignites Debate in Michigan
Some consider the lakeside power station a dinosaur, while others are hoping to attract a data center. Source link
The Billionaire Trader Who Swooped In on Russia’s Overseas Oil Empire
Torbjörn Törnqvist has just struck one of the deals of his lifetime, pouncing on the overseas operations of Lukoil soon after the Russian oil producer was hit with U.S. sanctions. Source link
Activist Investors in Kenvue Faced Big Losses. Kimberly-Clark Saved the Day.
D.E. Shaw, one of the Tylenol-maker’s largest shareholders, stood to lose over $200 million but is now expected to break even on its bet. Source link
Coca-Cola Injects ‘Holidays Are Coming’ Ads With an Upgraded Dose of AI
Coca-Cola Injects ‘Holidays Are Coming’ Ads With an Upgraded Dose of AI Source link
Dodgers-Blue Jays World Series Game 7 Draws More Than 25 Million Viewers
The over four-hour event was the most watched World Series game since the Astros beat the Dodgers in 2017. Source link
Kimberly-Clark to Buy Tylenol Maker Kenvue
The $48.7 billion deal, which includes debt, combines the maker of Huggies diapers with the owner of the painkiller maker. Source link
Chipotle’s Big Bet on Younger Consumers Is Unraveling
The chain’s sales slide as younger Americans feel the economic pinch from rising student-loan payments, stagnant wage growth and rising health-insurance costs. Source link
Why the Future of Coffee Doesn’t Belong to Starbucks
Younger drinkers love their coffee icy, sweet, and made for a drive-through selfie. One upstart chain is capitalizing on that shift. Source link
European Auto Shares Rise on Easing Concerns Over Chip Supply
China said it would loosen export restrictions on chips made by Netherlands-based Nexperia, hinting at a de-escalation of a dispute triggered by U.S.-China trade tensions. Source link