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Categories Business

Pepsi sued by federal regulators for giving Walmart preferential soft-drink pricing

January 18, 2025

The Federal Trade Commission said Friday that it is suing PepsiCo for illegal price discrimination, alleging the food and beverage giant gave an unnamed retailer more

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Categories Business

Capital One acknowledges ‘outage’ as users report issues accessing deposits

January 17, 2025

Capital One said an unspecified technical issue was hampering customer account access, as some users reported issues with direct deposits. In

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Categories Business

Target says its holiday sales were better than expected — but its profits weren’t

January 17, 2025

Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping — particularly on days

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Categories Business

JPMorgan Chase posts record profit as the bank’s massive scale pays off

January 17, 2025

JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank

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Categories Business

Citibank customers report fraud alerts and account access issues

January 17, 2025

Numerous Citibank customers reported receiving fraud alerts and having difficulty accessing their accounts Wednesday. According to DownDetector.com, which tracks reports of digital

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Categories Business

Biden administration seeks to avoid default crisis for student loan borrowers as garnishments resume

January 17, 2025

This year, for the first time in roughly five years, borrowers who have defaulted on their federal student loan debt will face

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Categories Business

Meta announces 5% cuts in preparation for ‘intense year.’ Read the internal memo.

January 16, 2025

Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday. CEO Mark Zuckerberg informed employees about the

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Categories Business

Disney wins the 2024 box office as year-end receipts offer a welcome boost

January 16, 2025

Foul-mouthed superheroes and family-friendly fare propped up the domestic box office during the final months of 2024. Full-year ticket sales were down just

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Categories Business

There’s been a ‘meaningful shift’ in CEO confidence since Trump’s election, says Goldman’s Solomon

January 16, 2025

The election of Donald Trump in November and a swing back to Republican power in Washington is already starting to make an impact in

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Categories Business

USDA documented insects and slime at Boar’s Head plants, records show

January 15, 2025

Government inspectors documented unsanitary conditions at several Boar’s Head deli meat plants, not just the factory that was shut down last year after a

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