Ford joins list of companies walking back DEI policies
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…
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Buffett’s Berkshire Hathaway hits $1 trillion market value, first U.S. company outside of tech to do so
Warren 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…
Philip Morris to invest $232 million to expand ZYN production at Kentucky plant
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…
Lowe’s becomes latest company to dial back DEI efforts aimed at LGBTQ groups
Home goods retailer Lowe’s is paring back its efforts to promote LGBTQ inclusion — the latest large company to respond to a growing cultural backlash led by conservatives targeting queer…
Home prices hit record high in June on S&P Case-Shiller Index
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…
NFL owners vote in favor of private equity investment
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…
How Trump was ‘orange-pilled’ by three bitcoiners in Puerto Rico and the promise of $100 million
NASHVILLE, 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…
Classic car sales stall in Monterey auctions as new generation takes charge
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.…
Walmart issues recall of apple juice sold in 25 states over elevated arsenic levels
Walmart 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…
Increased sausage demand may be a red flag for the economy, Dallas Fed survey says
An uptick in sausage demand can offer the latest sign of consumers tightening their belts as they continue grappling with high prices. There’s been “modest growth” in the dinner sausage…