Francisco Velasquez
Francisco Velasquez is a journalist at Quartz, where he covers business and finance news. He has previously reported on topics such as non-alcoholic beer, inflation, and the retail industry. Velasquez has also written about technology and innovation in the business world. His work often includes insights into consumer behavior and market trends.
96%
The Daily's Verdict
This author is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.
Bias
98%
Examples:
- Francisco Velasquez has a tendency to present information without any clear slant or preference.
- Velasquez often reports on topics related to business and finance, with no indication of personal financial interests.
Conflicts of Interest
98%
Examples:
- No instances of conflicts of interest have been identified in the articles provided.
- There is no evidence of personal financial interests influencing Velasquez's reporting.
Contradictions
92%
Examples:
- In one article, it was mentioned that Macy's reported revenue of $4.85 billion for the first quarter, while another article stated that analysts expected $4.86 billion.
- Velasquez reports on conflicting information regarding cocoa prices and production responses.
Deceptions
90%
Examples:
- In one instance, Velasquez states that inflated cocoa prices are likely to stick around for a few years, which could be seen as deceptive.
- Velasquez occasionally uses misleading language or presents information out of context.
Recent Articles
McDonald's Navigates Inflation Challenges: Consumers Reconsider Spending on Value Meals
Broke On: Monday, 29 July 2024McDonald's grapples with declining sales due to consumer spending shifts amid inflation, extending $5 value meal promotion to boost business and adapt to economic pressures. Athletic Brewing Raises $50 Million, Doubles Valuation to $800 Million in Surge of Non-Alcoholic Beer Market
Broke On: Tuesday, 09 July 2024Athletic Brewing, the leading non-alcoholic brewery in America with a $800 million valuation after raising $50 million, is expanding its brewing capacity and global retail presence to meet growing demand. With over 19% market share and driving 32% of category growth, Athletic Brewing plans to acquire Ballast Point's Miramar facility to double U.S. production. T.J. Maxx and Other Retailers Implement Body Cameras to Reduce Shrinkage and Enhance Store Safety
Broke On: Wednesday, 05 June 2024T.J. Maxx and other retailers, including Marshalls and HomeGoods, implement body cameras for employees to reduce shrinkage and enhance safety, with TJX Companies' CFO reporting positive effects on inventory protection. The trend extends beyond TJX Companies as CVS Health Corporation also takes measures against retail theft. Despite losses totaling $112.1 billion in 2022, the use of body cameras is part of a larger industry trend towards increased security measures. American Airlines Cuts Financial Outlook and Bids Farewell to Chief Commercial Officer Vasu Raja: A Look at the Impact on Profitability
Broke On: Wednesday, 29 May 2024American Airlines announces Q2 earnings forecast cut and departure of Chief Commercial Officer Vasu Raja. The company now expects adjusted earnings between $1 and $1.15 per share, down from previous forecast of $1.15 to $1.45 per share for the period. Raja, who oversaw customer organization, global network, alliances and partnerships during his tenure since April 2022, will leave in June as American Airlines underperforms rivals Delta and United in profitability due to limited international connectivity. Macy's Reports Mixed Results for Q1 2024: Sales Decline but Profits Beat Estimates and Investments Pay Off
Broke On: Tuesday, 21 May 2024Macy's reported mixed results for Q1 2024 with sales decline but profit beat, investing in 50 stores to boost sales and customer response, yet faces challenges with weakest sales at Macy's brand and expects net sales between $22.3-22.9 billion. Global Cocoa Crisis: Unprecedented Production Shortfalls Drive Prices to All-Time Highs
Broke On: Thursday, 09 May 2024Global cocoa production trails demand by 374,000 tons this season due to West African crop shortfalls and unfavorable growing conditions, causing all-time high prices and extreme volatility in the market.