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Business
Nestlé Fires CEO Laurent Freixe Over Code of Conduct Breach
Nestlé has dismissed CEO Laurent Freixe after an internal investigation revealed a code of conduct breach. Philipp Navratil will step…
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Business
Dow Jones Futures Slip After Inflation Data; Nvidia, Caterpillar Lead Declines
Dow Jones futures dropped after U.S. PCE inflation data came in line with forecasts. Nvidia and Caterpillar led major declines,…
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Business
Commerce Voids $7.4 Billion Chip Research Deal, Pulls Oversight Back
The U.S. Commerce Department has voided a $7.4B semiconductor research grant once overseen by Natcast, moving control to NIST amid…
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Business
Trump’s Intel Rescue Deal A $9 Billion Stake That Buys Time, Not Salvation
President Trump turned nearly $9 billion in CHIPS Act funding into a government equity stake in Intel, instantly making Washington…
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Business
Intel’s 10% Stake Sale to U.S. Government Marks Historic Shift in Industrial Policy
Intel may sell a 10% stake to the U.S. government in a deal tied to CHIPS Act funding. The move…
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Business
Cracker Barrel Stock Sinks After Logo Redesign Sparks Backlash
Cracker Barrel shares tumbled more than 11% after the restaurant chain unveiled a minimalist new logo, replacing its iconic “barrel…
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Business
Fed Minutes Show Waller, Bowman Alone in Push for July Rate Cut
The Federal Reserve’s July meeting minutes confirm just two dissenters favored a rate cut, leaving the rest of the committee…
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Business
Saba Capital Reunites With Co-Founder as It Expands Into Quantitative Credit Trading
Saba Capital Management, led by Boaz Weinstein, is ramping up its quantitative credit trading arm with the return of co-founder…
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Business
Via Transportation Files For NYSE IPO, Targeting Growth In Transit Software
Via Transportation has filed its S-1 with the SEC, aiming to list on the NYSE under ticker VIA. The transit…
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Business
CoreWeave Stock Climbs After Q2 Revenue Soars, But Losses and Lock-Up Risk Loom
CoreWeave Inc. delivered blockbuster revenue growth in Q2, but mounting losses and a looming IPO lock-up expiration have investors divided…
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