Even as mortgage interest rates were rising, home prices reached the highest level ever on the S&P CoreLogic Case-Shiller U.S. National Home Price Index. On a three-month running average ended in June, prices nationally were…
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Business
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Philip Morris International said on Tuesday it would invest $232 million to expand production capacity for ZYN nicotine pouches at its Ownesboro, Kentucky plant, to meet the strong demand. The investment will be made through one…
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Business
Buffett’s Berkshire Hathaway hits $1 trillion market value, first U.S. company outside of tech to do so
by adminWarren Buffett’s Berkshire Hathaway reached a $1 trillion market capitalization on Wednesday, the first nontechnology company in the U.S. to score the coveted milestone. Shares of the Omaha-based conglomerate have rallied more than 28% in 2024, far…
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Ford Motor is the latest company to walk back some of its commitments to diversity, equity and inclusion initiatives. The automaker has taken “a fresh look” at its DEI policies and practices over the past year…
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Aug 26 (Reuters) — Care.com, a platform for providing in-home care services to children, older adults and pets, agreed to pay $8.5 million to settle U.S. Federal Trade Commission charges it grossly inflated the number…
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Auction sales during Monterey Car Week fell 3% from last year, as a shift from older to newer cars left a pileup of unsold classics from the 1950s and 1960s. Total sales at this year’s…
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Business
Walmart issues recall of apple juice sold in 25 states over elevated arsenic levels
by adminWalmart and a Dutch manufacturer are voluntarily recalling apple juice sold under Walmart’s ‘Great Value’ brand because of elevated levels of arsenic. According to a notice updated Friday on the Food and Drug Administration’s website,…
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Even as mortgage interest rates were rising, home prices reached the highest level ever on the S&P CoreLogic Case-Shiller U.S. National Home Price Index. On a three-month running average ended in June, prices nationally were…
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The NFL’s most exclusive club just let in new members. At a special league meeting in Eagan, Minnesota, on Tuesday, National Football League owners voted in favor of allowing select private equity firms to buy…
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Business
How Trump was ‘orange-pilled’ by three bitcoiners in Puerto Rico and the promise of $100 million
by adminNASHVILLE, Tenn. — A block away from the neon-lit buzz of Lower Broadway, where honky-tonk pours onto the city’s main drag at all hours, stands the Music City Center, a venue that’s hosted everything from craft…