Shares of Palantir (NASDAQ:PLTR) faced pressure for the second consecutive day following an announcement interpreted as unfavorable news. The Trump Administration revealed a five-year plan to cut defense […]
Uncategorized
Posted on:
Chinese retailers offload polished diamonds, adding to $2bn inventory pain for De Beers
Chinese retailers are offloading polished diamonds, exacerbating a $2 billion inventory challenge for De Beers. This development comes amid shifting market dynamics and changing consumer preferences in China. […]
Economy
Posted on:
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 […]
Economy
Posted on:
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 […]
Economy
Posted on:
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 […]
Uncategorized
Posted on:
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 […]
Economy
Posted on:
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 […]
Economy
Posted on:
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 […]
Economy
Posted on:
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 […]
Uncategorized
Posted on:
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 […]