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Wall St climbs on economic optimism, awaits Trump policies
U.S. stocks rallied on Friday on optimism over the health of the economy and path of interest rates as investors braced for a slew of policy changes under the incoming Trump administration. The S&P
Starbucks plans corporate layoffs as part of turnaround
Starbucks said Friday it plans an unspecified number of layoffs as it restructures its corporate staff. In a letter to employees, Starbucks Chairman and CEO Brian Niccol said the Seattle coffee giant
Capital One is having a tough week
It's been a tough week for Capital One, with a lawsuit and system outage hitting back-to-back as other big US banks enjoy positive headlines around stellar fourth-quarter earnings. On Tuesday, the
US lawsuit accuses Pepsi company of price discrimination that favored Walmart over smaller stores
The Federal Trade Commission sued PepsiCo on Friday, alleging that it has engaged in illegal price discrimination by giving unfair price advantages to one big-box retailer at the expense of other
Mega Millions winning numbers for January 17 drawing: Jackpot rises to $113 million
Did you play Mega Millions today? Check out the winning numbers for the Jan. 17, 2025, drawing and see if it's your lucky day.
TikTok’s Future Hinges on Trump After Supreme Court Upholds Law
The US Supreme Court has ended TikTok’s nine-month legal battle, forcing leaders both within the company and in Beijing to consider a dwindling set of alternatives for keeping the popular video
When a spouse dies, there can be a ‘tax explosion’ for the one left behind
When a spouse dies, there’s so much to think about that the future tax burden of the survivor is often left off the list of concerns. But then April 15 looms, and reality sets in. That widowed
TikTok to ‘Go Dark’ on Sunday Without White House Clarity
TikTok said it will be forced to “go dark” in the US on Sunday unless there is a clear statement from the Biden administration to service providers that are maintaining its availability.
Optinose Reports $22.4 Million in Preliminary Q4 Revenue for XHANCE
Optinose (NASDAQ: OPTN) has announced preliminary unaudited net product revenue of $22.4 million for the fourth quarter of 2024, driven by sustained growth in prescriptions for XHANCE® (fluticasone
Mexico Pitches Auto Suppliers ‘Task Force’ to Curb China Imports
Mexico is planning to establish a “task force” to involve US companies in the process of reducing imports from China, the country’s economy minister told a group of auto suppliers at a private
S&P 500 now up in 2025 after broadening rally ahead of Trump inauguration
The U.S. stock market broadened its rally this week, with all S&P 500 sectors booking weekly gains, as investors appeared relieved by interest rates in the bond market reversing some of their recent
LA’s Devastation Is Revealed as Fires Come Under Control
The Palisades and Eaton fires are smoldering, and many evacuees can’t return home. A toxic stew of burned asbestos, plastics and melted lithium batteries are polluting the air. So far, 27 people have
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