(The Center Square) – A federal judge has blocked the $24.6 billion proposed merger between Albertsons and Kroger in response to a lawsuit filed against it by the Federal Trade… Read More
Featured Posts in Business
North Dakota Development Fund Approves Over $6.6 Million in Loans
The North Dakota Department of Commerce announced that 10 businesses have been approved for a combined total of $6,628,000 in loans through the North Dakota Development Fund, Inc. (NDDF). The… Read More
Montana Department of Commerce Opens Applications for 2024 Big Sky Film Grant
The Montana Department of Commerce has announced the opening of the 2024 Big Sky Film Grant (BSFG), offering financial support to filmmakers creating projects that showcase Montana’s unique landscapes, culture,… Read More
Holiday shopping expected to break records again in 2024
(The Center Square) – Nearly 40% of all Americans plan to shop on Black Friday, to kick off the holiday shopping season. Holiday sales are already expected to once again break… Read More
All Posts In Business
Alex Rodriguez files to form $575 million SPAC as IPO craze continues
Former baseball superstar Alex Rodriguez is the latest high-profile name to throw his hat in the SPAC ring, with a launch of his own “blank-check” company called Slam Corp, according… Read More
Consumer watchdog sees surge in Robinhood complaints
A U.S. consumer watchdog saw a surge in complaints regarding Robinhood last week, with some clients claiming they were unable to liquidate holdings and move to other brokerage firms. The… Read More
Long-term unemployment is close to a Great Recession record
Long-term unemployment is edging toward a historical peak, almost a year into the pandemic-fueled downturn. Workers are deemed to be “long-term unemployed” when their jobless spell is longer than six… Read More
Robinhood lifts trading restrictions on Reddit darlings GameStop and AMC
Robinhood has removed trading restrictions on the Reddit-trader favorites GameStop and AMC Entertainment, according to an update Friday on the trading platform’s website. The move came only days after Robinhood… Read More
Amazon lost its bid to require in-person voting for a union election in Alabama
The National Labor Relations Board on Friday denied Amazon’s request to require in-person voting for a union election at a fulfilment center in Bessemer, Alabama, allowing a mail-in effort to… Read More
SpaceX says its Starlink satellite internet service now has over 10,000 users
SpaceX disclosed in a public filing on Thursday that its Starlink satellite internet service now has “over 10,000 users in the United States and abroad.” “Starlink’s performance is not theoretical… Read More
Bank of America is giving $750 cash bonuses to lower-paid employees, restricted stock to others
Bank of America CEO Brian Moynihan is awarding nearly all of his 212,505 employees with a bonus for their work during the coronavirus pandemic. Staffers in the U.S. who earn… Read More
United Airlines CEO wants to make Covid vaccines mandatory for the company’s employees
United Airlines’ CEO wants to make Covid-19 vaccines mandatory for employees and is encouraging other companies do the same. It’s a stance that differs from what some other carriers and… Read More
TGI Fridays CEO says ending the tipped minimum wage would result in higher prices, fewer hours for waitstaff
TGI Fridays CEO Ray Blanchette said that President Joe Biden’s proposal to eliminate the tipped minimum wage would likely result in fewer hours for the chain’s waitstaff and higher menu… Read More
Warren Buffett’s right-hand man flags a ‘speculative frenzy’ in the stock market and bemoans the lack of bargains in a new shareholder letter
Warren Buffett’s right-hand man flagged a “speculative frenzy” in the stock market and signaled that he doesn’t expect share prices to climb much higher. Charlie Munger, the vice chairman of… Read More
Inside a massive transformation at powerhouse Wall Street bank Goldman Sachs
Goldman Sachs has been going through some massive changes under CEO David Solomon. It’s taken big steps involving transparency and inclusion to change up its culture. After its first-ever investor… Read More
Cattle Methane Emissions Reduced by New Feed
A 2-year large-scale trial in beef cattle in Alberta, Canada has successfully demonstrated that a novel feed ingredient, developed by Royal DSM, can be included in commercial feedlot diets to… Read More