Including another plunge in consumer confidence, Southwest's new fare products and a 90s-themed margarita from Chili's.
NEW YORK, May 2, 2025 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed.
The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.
- US Consumer Confidence Plunged Again in April
"Consumer confidence declined for a fifth consecutive month in April, falling to levels not seen since the onset of the COVID pandemic," said Stephanie Guichard, Senior Economist, Global Indicators at The Conference Board. "The three expectation components—business conditions, employment prospects, and future income—all deteriorated sharply, reflecting pervasive pessimism about the future." - IBM Unveils $150 Billion Investment in America to Accelerate Technology Opportunity
This includes an investment of more than $30 billion in research and development to advance and continue IBM's American manufacturing of mainframe and quantum computers. - ADP National Employment Report: Private Sector Employment Increased by 62,000 Jobs in April; Annual Pay was Up 4.5%
"Unease is the word of the day. Employers are trying to reconcile policy and consumer uncertainty with a run of mostly positive economic data," said Dr. Nela Richardson, chief economist, ADP. "It can be difficult to make hiring decisions in such an environment." - Marriott International to Acquire the citizenM Brand
The citizenM global portfolio currently consists of 36 open hotels, comprising 8,544 rooms, across more than 20 cities spanning the U.S., Europe, and Asia Pacific, including gateway cities like New York, London, Paris, and Rome. At closing of the transaction, Marriott will pay $355 million to acquire the brand and related intellectual property. - KFC® Brings Back Fan-Favorite Chicken & Waffles and Debuts All-New Strawberry & Crème Pie Poppers
"We believe Chicken & Waffles is an American icon. Flavorful, juicy and freshly fried secret recipe chicken, paired with sweet, golden waffles and gooey syrup—it's bold, it's delicious, and it's back on our menu just in time for Mother's Day!" said Catherine Tan-Gillespie, President, KFC U.S. - Tripadvisor Reveals 2025 Travelers' Choice Awards: Best of the Best Hotels Winners, Unveiling the World's Most Unforgettable Stays
This year, Tripadvisor announced an exciting new subcategory showcasing the most unique hotels across the globe through the One-of-a-Kind list. Taking the award for the No. 1 One-of-a-Kind Hotel, Taj Lake Palace in Udaipur, India, is where royalty meets fairy tale, with breathtaking panoramas of the serene water, rolling hills, and views of the splendid city of Udaipur. - Novo Nordisk announces that CVS Caremark®, the country's largest PBM, has decided Wegovy® will be the preferred GLP-1 medicine covered for obesity on its template formularies
Wegovy® will be the preferred GLP-1 medicine for obesity on the largest commercial template formularies for CVS Caremark, the largest Pharmacy Benefit Manager (PBM) in the US, effective July 1, 2025. - Anheuser-Busch Produces 100 Millionth Can of Emergency Drinking Water for Communities in Need
For decades, Anheuser-Busch has periodically paused production of its American beers to produce emergency drinking water, a critical resource that provides relief to communities across the U.S. in times of need. - Southwest Airlines Announces Reimagined Fare Products, New Benefits for Rapid Rewards Credit Cardmembers and Tier Member Customers
"With new choices like seat selection and Extra Legroom, our enhanced fare bundles let Customers customize their trip while still enjoying our industry-leading reliability and hospitality." said Tony Roach, Executive Vice President Customer & Brand. - Chili's® Celebrates the '90s with TV Icon Tiffani Thiessen and New Margarita of the Month, The Radical 'Rita
Available at participating Chili's locations nationwide, the $6 Radical 'Rita is crafted with Lunazul® Blanco Tequila, Monin® Dragonfruit, a float of Blue Curaçao, House-Made Sour, and is garnished with a lime wedge and a collection of '90s-inspired swizzle sticks. Guests can use their swizzle sticks to transform the color of their margaritas right before their eyes as the brilliant pink and blue are swirled together to become a vibrant purple cocktail. - Penske Truck Rental Announces 2024 Top Moving Destinations
The 2024 data reflects continued migration to the Sun Belt, with multiple Texas and Florida cities appearing in the top 10. Houston retained the top position for the fourth consecutive year, followed by Atlanta, which rose to No. 2. Chicago reentered the ranking for the first time since 2021. - Viral 'Furfluencer' Miss Peaches Teams Up with Spirit of Gallo to Launch Lucky One Vodka Lemonade and Help Rescue Dogs in Need
To help more rescue dogs like her, Miss Peaches has pledged to raise $1 million dollars with the help of her new brand this summer. Lucky One Lemonade has partnered with LifeLine Animal Project and Best Friends Animal Society as part of the "Our Pack Gives Back" initiative, running through September 1st.
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Can't-Miss Earnings
In addition to these popular releases, earnings season continued this week and several must-read earnings reports crossed the wire, including the quarterly results for Meta, Garmin, Caterpillar and Microsoft.
Catch up on all the latest earnings reports here.
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