As Home Depot, Target and Walmart report earnings, retailers and investors have had to weigh contradictory factors as they predict consumer spending patterns.

Peter Stern, who most recently served as vice president of services at Apple, will be president of “Ford Integrated Services.”

Current Kraft Heinz CEO Miguel Patricio will stay on as chair of the board after stepping down.

Nikola is recalling all 209 of its battery-electric semitrucks after a June fire was traced to a truck’s battery pack.

Illumina’s acquisition of cancer test developer Grail has also faced heavy scrutiny from antitrust regulators in the U.S. and European Union.

Companies like Nordstrom, Macy’s and Sephora have partnered with the Fifteen Percent Pledge to drive sales to Black-owned businesses.

The departure comes in the months following Fox and its cable networks’ $787.5 million settlement with Dominion Voting Systems to end the defamation lawsuit.

Nine states have passed laws addressing organized retail crime and Congress is considering federal action. Experts say the new laws may not reduce crime.

The company expects to begin launching the first Lightspeed satellites in mid-2026, with global service beginning once the first 156 satellites are in orbit.

Rights to local NBA, NHL and MLB games may be on the market as the Diamond Sports’ bankruptcy progresses. Broadcast station groups want those rights.