The State Board of Administration of Florida, which oversees public pension funds owning Target stock, has filed a securities fraud lawsuit against Target in the federal court in […]
Walmart warns of a slower 2025. That’s a bad sign for America’s economy
Walmart, the largest U.S. retailer, has warned of slower sales and profit growth in 2025 due to rising inflation and the impact of Trump’s tariffs. The forecast caused […]
Target sued by Florida for defrauding shareholders about DEI
The State Board of Administration of Florida, which oversees public pension funds owning Target stock, has filed a securities fraud lawsuit against Target in the federal court in […]
KFC is moving its corporate headquarters from Kentucky to Texas
KFC, part of Yum Brands, is relocating its U.S. corporate headquarters from Louisville, Kentucky, to Plano, Texas. The move will affect around 100 corporate employees, who will transition […]
Will Americans get an $8,000 DOGE stimulus check?
The Department of Government Efficiency (DOGE), led by Tesla CEO Elon Musk, is making headlines for its efforts to reduce federal spending through cuts to agencies and government […]
Trump says he will introduce 25% tariffs on autos, pharmaceuticals and chips
PALM BEACH, Florida, Feb 18 (Reuters) – U.S. President Donald Trump announced his intention to impose tariffs of approximately 25% on auto imports, alongside similar duties on pharmaceuticals […]
UnitedHealthcare offers buyouts to some employees, can pursue layoffs, CNBC reports
UnitedHealthcare, a unit of UnitedHealth Group, has reportedly offered buyouts to certain employees as part of a restructuring effort. According to two sources familiar with the matter, employees […]
UnitedHealth Group begins offering employee buyouts, could resort to layoffs
UnitedHealth Group has initiated a voluntary resignation separation program, offering buyouts to certain employees as part of efforts to align its workforce with evolving business needs. The company […]
Toronto plane crash: Delta offers payment to victims amid investigation of plane that flipped upside down
Delta Air Lines is offering $30,000 to each of the 80 individuals aboard Delta Connection flight 4819, which crashed while landing at Toronto Pearson Airport earlier this week. […]
US Federal Reserve warns Trump’s tariffs may increase prices
The US Federal Reserve has warned that American consumers may face higher prices if President Donald Trump proceeds with his proposed tariffs. According to minutes from the Federal […]