Think flood insurance is pricey now? Premium hikes were coming long before Hurricane Helene.
Hurricane Helene inundated parts of Florida, Georgia, Tennessee and the Carolinas, and now the estimated billions in damage are bringing Americans’ receding flood-insurance coverage into focus.
PepsiCo to buy Siete Foods for $1.2 billion
Siete Foods Tortilla Chips Courtesy: Siete Foods PepsiCo said Tuesday that it’s buying Mexican American food company Siete Foods for $1.2 billion, marking the company’s first food acquisition in roughly five years. Like many food companies, Pepsi has been trying to shift its portfolio to include healthier options in recent years, usually through acquisitions. Recent […]
This tiny North Carolina mining town is crucial to the semiconductor industry. Helene just wrecked it.
Closures from storm damage could lead to supply-chain bottlenecks — and price increases — for the chips used in smartphones, computers and cars.
500 Starbucks locations have voted to unionize
Demonstrators protest outside a closed Starbucks Corp. location at 505 Union Station in Seattle, Washington, US, on Saturday, July 16, 2022. David Ryder | Bloomberg | Getty Images Baristas at a Starbucks in Bellingham, Washington, became the 500th store to join the Starbucks Workers United union on Monday. Since the first location voted to unionize […]
Nike (NKE) earnings Q1 2025
An employee carries shoe boxes at the Footlocker retail store in the Barton Creek Square Mall on August 28, 2024 in Austin, Texas. Brandon Bell | Getty Images Nike on Tuesday said it was withdrawing its full-year guidance and postponing its investor day as it gears up for a new CEO to take the helm. […]
Alphabet’s stock has been a laggard lately. Here’s one case for a rebound.
Alphabet’s stock has been the weakest performer among the “Magnificent Seven” over the past three months — but one analyst still thinks it has plenty of shine.
Harris the pro-cannabis candidate. The industry isn’t convinced
Vice President Kamala Harris further positioned herself as a pro-cannabis candidate on Monday in an interview with sports and culture podcast “All the Smoke” — but industry leaders aren’t convinced her administration would lead to the reform she has promised. “I just think we have come to a point where we have to understand that […]
Shattuck Labs’ stock craters as biotech scraps main product candidate after failed trial
The stock hit a low of $1.37 earlier in the session, matching its record closing low that was set in October 2023.
Tom Brady watch collection to go up for sale at Sotheby’s
Tom Brady. Mike Ehrmann | Getty Images Sport | Getty Images Legendary quarterback Tom Brady is putting his valuable watch collection up for sale. The seven-time Super Bowl champion’s collection will be available this December through auction house Sotheby’s as part of “The GOAT Collection: Watches and Treasures from Tom Brady.” The watches range in […]
Intel’s troubles set back America’s drive for semiconductor independence
Biden administration’s Chips and Science Act hits a rough patch.
