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Browsing: Business

Business

Cracker Barrel stock plunges amid brand makeover backlash

The fallout from Cracker Barrel's logo change and restaurant makeover isn't over. Shares of the food chain plunged Thursday as customer backlash and i...

Business

Battery-flavored chips that taste like 'licking a 9-volt' target millennials hungry for '90s nostalgia

A nostalgia-focused snack company made a shock announcement this summer by introducing battery-flavored corn chips.Rewind, a snack brand that debuted...

Business

Johnson & Johnson investing $2B in US manufacturing, creating new jobs

Johnson & Johnson is investing $2 billion to expand a North Carolina manufacturing facility as part of a broader initiative toward onshore biophar...

Business

Boeing eyes sale of up to 500 planes to China: report

Aerospace giant Boeing is in talks to sell as many as 500 planes to China in a deal that's said to be at the center of a trade agreement between Presi...

Business

Trump administration strikes deal with Google to use AI platform across federal agencies

The General Services Administration (GSA) on Thursday announced a new agreement with Google to deploy its suite of artificial intelligence (AI) and cl...

Business

It’s a buyer’s market and nobody is buying: Where Is Jerome Powell?

If you’ve flipped through the real-estate pages lately – or just tried to pull up Redfin or Zillow – something’s glaringly obvious. Nobody’s moving an...

Business

Walmart increases grocery discounts amid economic headwinds

Walmart, the nation’s largest private employer, has increased the number of discounts it offers, especially in its grocery business, as it looks to of...

Business

Only 28% of US homes now affordable for typical American household as buying power drops

Fewer than 30% of homes on the U.S. housing market are affordable for the average household as borrowing rates remain a critical barrier, according to...

Business

Is owning a home still the American dream? Why older Americans are choosing to rent

Owning and maintaining a home may no longer define the American dream for many older Americans."I'm definitely saving money. I don't have the same exp...

Business

Winklevoss twins drop millions worth of bitcoin into PAC to help bolster Trump admin's pro-crypto agenda

Tyler and Cameron Winklevoss, the twins who co-founded the Gemini cryptocurrency exchange, donated more than 188 bitcoin to the Digital Freedom Fund P...

Business

Fed minutes show tariff inflation fears outweighed jobs market in July rate decision

The minutes of the Federal Reserve's July meeting released on Wednesday showed that policymakers were more concerned about the risk of inflation from...

Business

From intern to CEO: Who is Michael Fiddelke, Target’s next chief executive?

Michael Fiddelke will take the helm as Target’s CEO and join its board of directors in February, more than 20 years after starting his career with the...