Tariff-triggered price hikes upset consumers — but who gets the blame?
What people are told about the reasons behind rising costs influences how they react.
Kraft Heinz to split into two companies
In this photo illustration, Kraft and Heinz products are shown on March 25, 2015 in Chicago, Illinois. Getty Images Kraft Heinz will split into two companies, reversing much of the blockbuster $46 billion merger from a decade ago that created one of the biggest food companies in the world. The first of the two new […]
With the traditional mix of stocks and bonds now riskier, here are ways to diversify, says BlackRock
The profile of traditional investment portfolios has become more volatile, necessitating a rethink around allocations, according to BlackRock.
Holiday spending, especially by Gen Z, will drop, survey says
Shoppers at the Walmart Supercenter in Burbank during Walmart’s multi-week Annual Deals Shopping Event in Burbank Thursday, Nov. 21, 2024. Allen J. Schaben | Los Angeles Times | Getty Images Holiday shoppers expect to trim the tree and their spending this upcoming season, according to a survey by consulting firm PwC. Across generations, consumers said […]
CoreWeave’s stock slides as insider selling sparks investor concerns
Shares of the cloud-computing company fall sharply as top executives, including the CEO and its largest shareholder, Magnetar Financial, sell millions in stock following a lockup expiration
Paramount, Activision partner on live-action film
An Activision Blizzard’s Call of Duty: Modern Warfare video game is inserted into Microsoft’s Xbox One video game console. Michael Ciaglo | Bloomberg | Getty Images Call of Duty, one of the most successful video game franchises of all time, will be coming to the big screen with the help of Paramount. The studio announced […]
Airplane leasing world shrinks with $7.4 billion takeover of Air Lease
An Airbus A321 is being assembled in the final assembly line hangar at the Airbus U.S. Manufacturing Facility in Mobile, Alabama. Michael Spooneybarger | Reuters Aircraft leasing firm Air Lease, founded by industry mogul Steven Udvar-Házy, agreed to sell itself in a deal that would take it private to a group of investors for $7.4 […]
Intel’s management must now make decisive changes — or Trump will do it for them
Intel’s self-inflicted wounds and mismanagement weakened its position and set the stage for the U.S. government’s equity stake.
Starbucks to launch protein-packed cold foam, lattes Sept. 29
Starbucks’ new protein-packed beverages Source: Starbucks Starbucks plans to tap into consumers’ protein obsession by launching protein-packed cold foam and lattes starting Sept. 29. From “gym bros” to users of GLP-1 drugs like Ozempic, many Americans are trying to consume more protein, with the goal of building or maintaining their muscle mass and feeling more […]
Big Warren Buffett–backed merger calls it quits as Kraft Heinz announces breakup
Ten years after Warren Buffett backed the merger of Kraft Foods and Heinz, the combined company is breaking up, as Kraft Heinz Co. on Tuesday confirmed what Wall Street has expected for months.
