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Browsing: Business

Business

Major retailer says 'no' to California, pulls zero punches outlining economic 'reality'

Bed Bath & Beyond’s Executive Chairman Marcus Lemonis announced on Wednesday that the company won't open or operate retail stores in California, s...

Business

McDonald's to slash combo meal prices to win back budget-conscious shoppers

McDonald's franchisees will cut the cost of combo meals to revive the chain’s image as an affordable option at a time when many consumers are keeping...

Business

Trump hits Federal Reserve Chair Powell over housing industry in latest attack, blasting mortgage rates

President Donald Trump this week launched twin attacks on social media against Federal Reserve Chair Jerome Powell and Federal Reserve Governor Lisa C...

Business

Trump calls for Fed governor's resignation as ally requests DOJ probe

President Donald Trump on Wednesday called for the resignation of a Federal Reserve governor after one of his allies submitted a referral requesting t...

Business

Powell faces economic crossroads in Jackson Hole speech as Fed chair tenure nears end

Federal Reserve Chair Jerome Powell will deliver a keynote address at the annual Jackson Hole event on Friday at a crucial time as the economy anticip...

Business

AI credit disputing tool launches for consumers nationwide to correct credit report errors

A new artificial intelligence (AI) credit disputing tool has been used tens of thousands of times by consumers since it launched, according to the CEO...

Business

Target names new CEO as retailer fights to reverse sales slump

Target CEO Brian Cornell is stepping down next year after over a decade at the helm as the embattled retailer undertakes a high-stakes turnaround effo...

Business

FDA issues warning, investigating after radioactive shrimp bound for Walmart detected at major US ports

The U.S. Food and Drug Administration (FDA) on Tuesday said it is actively investigating after a shipment of Walmart shrimp tested positive for a man-...

Business

Google strikes major nuclear power deal to fuel AI data centers with 50 megawatt capacity

Google, Kairos Power and the Tennessee Valley Authority have agreed to supply 50 megawatts of nuclear power to data centers in Tennessee and Alabama.T...

Business

Trump blasts appeals court for halting Resolution Copper land transfer

President Donald Trump on Tuesday blasted an appeals court's decision to temporarily block federal officials from completing a land transfer needed fo...

Business

Costco's Pepsi-to-Coke switch goes viral as members sound off

Costco’s decision to switch from Pepsi to Coca-Cola became a viral conversation when the membership warehouse club announced it was making the swap fr...

Business

Swatch apologizes for offending Asian market with 'slanted eyes' watch ad

Swiss watchmaker Swatch apologized and pulled an advertisement on Saturday that Chinese audiences called offensive.In both an Instagram post and a pos...