PepsiCo Reports Mixed Quarterly Results
CEO Ramon Laguarta said rising inflation continued to pressure U.S. consumers, leading many households to cut spending on food and beverages.
Business
Court Rejects Trump Media's $3.8 Billion Claim Against The Washington Post
U.S. District Judge Thomas Barber ruled that Trump Media did not present sufficient evidence to show the newspaper acted with "actual malice," the standard public figures must satisfy in defamation cases.
Bezos' Blue Origin Hits $130 Billion Valuation
Blue Origin is raising about $10 billion in its first public fundraising round, valuing the space company at approximately $130 billion
What Does Apple's $30 Billion Broadcom Deal Include
The agreement will support production of more than 15 billion U.S.-made chips and includes a $1.5 billion expansion of Broadcom's facility in Fort Collins, Colorado
Why Is Walmart Hosting VIP Tours During The World Cup
Participants will receive custom Walmart passports, souvenir aisle stamps, guided shopping experiences, branded merchandise and product samples showcasing oversized American grocery items and snacks.
House Panel Urges Wizards, Capitals Owner To End Alibaba Ties
According to the report, Rep. John Moolenaar requested confirmation by July 15 that the company has severed ties with the Chinese technology giant and its affiliates.
Trump Administration Ends Iran Oil Sales Authorization
According to the report, U.S. officials said the memorandum of understanding with Iran was always intended to be performance-based, with continued sanctions relief dependent on Tehran's conduct.
Amazon Eyes $25 Billion Debt Raise For AI Investments
Amazon, Alphabet, Microsoft and Meta are collectively expected to spend more than $700 billion on AI this year.
Ro Khanna Says The Quiet Part Out Loud About His ‘Billionaire’ Tax
Anyone who knows any history about taxes knows that the left always uses “tax the rich” as a cover to raise taxes on the middle class
Why Are Senate Democrats Investigating Trump's IRS Settlement
Senators Elizabeth Warren, Chuck Schumer and Ron Wyden sent letters to 11 companies connected to Trump and his family
Trump Rings Wall Street Opening Bells, Highlights Stock Market Gains
The report said the benchmark stock index has gained about 10 percent this year, even as consumer prices have increased 4.2 percent over the past 12 months.
Microsoft Cuts 4,800 Jobs As AI Push Reshapes Business
According to the report, about 1,600 of the job cuts will affect the Xbox division immediately, with additional reductions planned during the fiscal year.
Boeing Accelerates 737 Manufacturing Amid Rising Demand
The company is raising monthly 737 production from 42 to 47 aircraft following consultations with the Federal Aviation Administration.
Why Is Lockheed Martin Acquiring Ultra Maritime
According to the report, the acquisition will strengthen the company's naval defense portfolio as global demand for advanced military technologies continues to rise.
China's Foreign Minister Begins Nordic Tour In Denmark
The visit marks the first stop in Wang's broader engagement with Nordic countries.
Former Olympian Indicted Over Lincoln Memorial Reflecting Pool Damage
If convicted, Hearn could face a maximum prison sentence of 10 years under federal law.