Opendoor sees epic afternoon wipeout during wild, roller-coaster day
In the span of about a week, Opendoor Technologies Inc. has gone from a struggling former pandemic-era darling to the talk of the U.S. equity market.
Pepsi introduces prebiotic cola after Poppi acquisition
Pepsi Prebiotic Cola. Courtesy: PepsiCo PepsiCo on Monday announced that it will launch a prebiotic cola under its namesake soda brand, starting this fall. Pepsi Prebiotic Cola comes just four months after the beverage giant announced its $1.95 billion acquisition of upstart Poppi. Soda consumption has broadly fallen over the past two decades in the […]
Here’s what Americans are willing to sacrifice to save Social Security
Americans agree — across political, economic and generational lines — that the program is worth saving.
Subway taps Burger King veteran Jonathan Fitzpatrick as next CEO
Jonathan Fitzpatrick, CEO of Subway. Courtesy: Subway Sandwich chain Subway has tapped former Burger King executive Jonathan Fitzpatrick as the company’s latest CEO, effective July 28. The announcement on Monday follows a months-long search for former CEO John Chidsey’s successor. Chidsey retired at the end of 2024 after five years with the company. His tenure […]
LVMH-backed L Catterton takes 20% Flexjet stake
A FlexJet Gulfstream G450 airplane approaches San Diego International Airport for a landing on May 9, 2025 in San Diego, California. Kevin Carter | Getty Images News | Getty Images An investment group led by LVMH’s private equity arm is buying 20% of private jet company Flexjet, marking the latest push by the luxury industry […]
Trump’s tariffs has made this company, and its investors, happy
Cleveland-Cliffs CEO Lourenco Goncalves said the steelmaker is starting to see the positive impact of President Donald Trump’s tariffs on domestic manufacturing, as it expects increased demand from U.S. automakers.
Stellantis warns of $2.7 billion loss on writedowns, tariff impact
Stellantis on Monday guided for a surprise loss in the first half of the year, as the Jeep and Ram pickup truck maker flagged a big charge ahead of results next week.
U.S. stock futures flat as investors look ahead to earnings, tariff developments
U.S. stock-market futures were little changed Sunday, as investors await the next tariff developments and a big week of quarterly earnings.
They shrunk the airport lounge: Why that flight-day haven may be getting smaller
American Express and American Airlines airport lounges will soon be available in travel-sized versions.
Stock market’s rally now hinges on earnings — with tariffs and Fed drama hopefully background noise
There’s a feeling of optimism in the U.S. stock market about the week ahead, with corporate earnings finally poised to hold the spotlight.
