The average rate on the 30-year fixed mortgage dropped 16 basis points to 6.29% Friday, according to Mortgage News Daily, following the release of a weaker-than-expected August employment report. It’s…
Category:
Business
-
-
Business
Spirit Airlines files for Chapter 11 bankruptcy protection for the second time in a year
by adminSpirit Airlines on Friday filed for bankruptcy protection, just months after the budget carrier failed to secure better financial footing when it came out of Chapter 11 protection in March.…
-
ROCHESTER, Minnesota, Aug 22 (Reuters) – U.S. farmers will harvest a record corn crop in 2025 after ideal weather across much of the Midwest this summer, but the bounty will…
-
MIAMI BEACH, Fla. — Playboy plans to relocate its global headquarters from Los Angeles to Miami Beach and open a Playboy club there. The Miami Beach headquarters at the top…
-
Bed Bath & Beyond is back — kind of. The bankrupt home goods chain is being resurrected by the owners and licensees of its intellectual property, which opened the first…
-
JPMorgan Chase has built 1,000 new branches in seven years. That’s more locations than most of its competitors operate in total. The bank is marking the milestone opening in Charlotte,…
-
Business
Palantir joins list of 20 most valuable U.S. companies, with stock more than doubling in 2025
by adminPalantir has hit another major milestone in its meteoric stock rise. It’s now one of the 20 most valuable U.S. companies. The provider of software and data analytics technology to…
-
Elon Musk’s health tech company Neuralink labeled itself a “small disadvantaged business” in a federal filing with the U.S. Small Business Administration, shortly before a financing round valued the company…
-
LONDON/NEW YORK, July 11 (Reuters) – Suppliers to Walmart WMT.N have delayed or put on hold some orders from garment manufacturers in Bangladesh, according to three factory owners and correspondence…
-
Business
Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty
by adminIn a year when the U.S. consumer has been weighed down by economic uncertainty, geopolitical tensions and inflation, Black entrepreneurs are eager to get to the Essence Festival of Culture…
-
The Federal Reserve on Wednesday proposed easing a key capital rule that banks say has limited their ability to operate, drawing dissent from at least two officials who say the…
-
Business
Tesla agrees to first deal to build China’s largest grid-scale battery power plant
by adminTesla has inked its first deal to build a grid-scale battery power plant in China amid a strained trading relationship between Beijing and Washington. The U.S. company posted on the…
-
U.S. President Donald Trump said on Friday that concerns over national security risks posed by Nippon Steel’s $14.9 billion bid for U.S. Steel can be resolved if the companies fulfill…
-
President Donald Trump has escalated his sudden rupture with Elon Musk by implying the government could sever ties with the tech titan’s businesses. ‘The easiest way to save money in…
-
Business
Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal
by adminThe Justice Department isn’t planning to prosecute Boeing in a case tied to two crashes of the aerospace giant’s 737 Max, a person familiar with the matter said, a tentative agreement that would…
Newer Posts