News
Clean energy policies channel dollars to US agricultural sector
The Biden administration’s signature Inflation Reduction Act has to date resulted in more than $780 million in investment in 4700...
COVID-era liquid assets dwindling as household debt reaches all-time high
Liquid assets accumulated during the low-spending COVID era are “running dry” according to researcher at the San Francisco Federl Reserve,...
Starbucks replaces CEO with Chipotle’s Brian Niccol
Starbucks announced on Tuesday that it is replacing CEO Laxman Narasimhan with Chipotle CEO Brian Niccol, leading to a 24.5%...
Mars to acquire Kellanova in nearly $29 billion deal
Mars has agreed to purchase Kellanova, the maker of Cheez-Its and Pringles, in a deal valued at nearly $29 billion....
Elliott Investment seeks major board overhaul at Southwest Airlines
Elliott Investment Management, the hedge fund aiming to take control of Southwest Airlines, has announced its own slate of 10...
Trump Media reports $16 million loss and under $1 million revenue in Q2
Trump Media & Technology Group, the parent company of Truth Social, reported over $16 million in losses and less than...
Senior U.S. officials visit China for high-level economic talks
A group of senior Biden administration officials is traveling to Shanghai this week for high-level meetings aimed at maintaining stable...
Canadian Scotiabank taps into U.S. banking with $2.8 billion KeyCorp stake
Scotiabank is acquiring a 14.9% stake in American regional lender KeyCorp for $2.8 billion, as the Canadian bank seeks growth...
Stellantis to lay off 2,450 workers as Ram 1500 Classic production ends
Automaker Stellantis announced plans to lay off around 2,450 workers at its Warren Truck Assembly Plant near Detroit later this...
Small businesses in vacation spots see tourism return to pre-pandemic levels with cautious spending
Small businesses along popular U.S. vacation destinations, such as boardwalks and piers, report that tourist numbers have returned to pre-2020...
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