News
Kroger to close up to 60 stores
Following the failure of its merger with rival Albertsons, Kroger has announced it will close 5% of its grocery stores...
Hormel Foods announces leadership changes, Jeffrey Ettinger returns as interim CEO
Today, Hormel Foods announced that John Ghingo, its current EVP for Retail, will take on the role of president, making...
Musk’s xAI investors face deadline
Today is the final opportunity for investors to get on board with Elon Musk’s artificial intelligence startup, xAI Corp. Commitments...
Darden Restaurants reports strong Q4 as casual dining market expands
Today, Darden Restaurants, the parent company of Olive Garden, reported strong results for the fourth quarter and fiscal year ending...
Pope Leo sends message to tech execs on “ethical” AI
Today, Pope Leo XIV delivered an address to technology executives during a two-day meeting of industry leaders in Rome. The...
Nippon Steel secures 100% ownership of U.S. Steel
Nippon Steel has announced that it has secured a deal to purchase 100% of U.S. Steel, following years of discussions....
Amazon CEO Andy Jassy warns about the risks of AI on jobs
Amazon CEO Andy Jassy has sent a memo to employees, warning that AI will likely lead to job cuts at...
The Federal Reserve leaves interest rates unchanged
The Federal Reserve has labeled the U.S. economy as "in a solid position" despite "elevated uncertainty," deciding to keep interest...
Geopolitical tensions rise as the Fed convenes to discuss interest rates
Today's Federal Reserve meeting is anticipated to maintain interest rates at their current level as policymakers evaluate indications of a...
Global Wealth Report reveals 40% of world’s millionaires are American
The 2025 Global Wealth Report by UBS, released today, indicates that wealth grew disproportionately fast last year in the United...
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