Hims & Hers appoints Amazon veteran as COO

Hims & Hers appointed Nader Kabbani, a longtime Amazon executive who most recently worked at the robotics company Symbiotic, as its next chief operating officer, the company said Monday morning.

The announcement comes just weeks after the company announced that its longtime COO, Melissa Baird, would transition to an advisory role. Notably, during his roughly 20-year tenure at Amazon, Kabbani led the acquisition of PillPack and the launch of Amazon Pharmacy and built the framework for some of its streaming and media offerings.

Hims was down 0.8% shortly after the market opened.

The company is set to report earnings for the first three months of 2025 later today. Investors are eager for more information on how its weight-loss segment is doing after the FDA declared the shortage of popular GLP-1 weight-loss drugs is over, limiting its ability to sell copycat versions.

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Taco Bell is named the fastest drive-thru for a fifth year, but it may have lost a human touch with AI

Although Chick-fil-A was the slowest fast-food drive-thru, it was considered the friendliest, per the latest QSR report — at the Golden Arches, however, customers weren’t lovin’ the vibe.

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Amazon doubles down on groceries with new private-label collection, sending grocery stocks lower

Amazon on Wednesday launched Amazon Grocery, a new private-label food brand that combines its Fresh and Happy Belly lines into one collection.

The label covers more than 1,000 staples, from milk and eggs to olive oil and fresh meat, with most items priced under $5. Shares of Amazon were little changed, but grocery-selling rivals Target, Walmart, and Kroger all slipped around 2% following the announcement. Costco also slipped about 1%.

The launch highlights Amazon’s growing push into both grocery and private-label essentials as more customers trade down to cut costs. In August, the e-commerce giant added perishable groceries to same-day delivery in 1,000 cities and towns across the country.

At the same time, Amazon said shoppers purchased 15% more private-brand products in 2024 compared to the previous year across Amazon.com, Whole Foods Market, and Amazon Fresh.

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Ford sales climb for 7th straight month as EVs hit a quarterly record on tax credit expiration

September marked another banner month for Ford’s electric vehicle business, with EV sales climbing 85% from the same month last year to more than 11,700 units.

For the third quarter as a whole, Ford’s electrified unit sales grew nearly 20%. That’s the division’s best Q3 on record, boosted by the looming end of the $7,500 federal tax credit on Tuesday. Ford, with rival GM, has found some ways to extend that credit in the hopes of keeping sales stable.

Overall, Ford sales rose 8.2% on the quarter, and September was the automaker’s seventh straight month of sales gains. Ford sales have been buoyed this year by panic buying: first from fears of tariff price hikes (and Ford’s strong incentives), and lately from the EV credit expiration.

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Have chicken strips become the fast-food panic button of 2025?

McDonald’s, Taco Bell, and now Wendy’s have all added variations on the theme this year.

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Co-CEOs are back in Corporate America — and Wall Street isn’t sure what to make of it

Dual leadership has boosted shareholder returns historically, though evidence on operations is thin.

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