The Poseidon Dynamic Cannabis ETF is closing up shop and cashing out to its shareholders nearly two years after it launched and following a sharp […]
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Sage Steele departs ESPN following lawsuit settlement
Longtime ESPN SportsCenter anchor Sage Steele is exiting the network after a lawsuit settlement.
Continue readingHomebuilder sentiment drops sharply, as mortgage rates surge over 7%
A recent jump in mortgage rates has taken the steam out of recent gains in homebuilder sentiment.
Continue readingChick-fil-A to release new riff on its iconic chicken sandwich with pimento cheese, jalapenos
Chick-fil-A customers can buy the chain’s new Honey Pepper Pimento Chicken Sandwich in restaurants nationwide, starting Aug. 28.
Continue readingVietnamese EV maker VinFast debuts on the Nasdaq after completing SPAC merger
VinFast has so far imported about 2,100 of its EVs to the U.S. from Vietnam, and brought nearly 800 more to Canada.
Continue readingHome Depot beats earnings estimates, but sales slide as consumers pull back on big-ticket buys
Home Depot beat earnings estimates but reiterated its full-year guidance, saying consumers are still wary of big-ticket purchases.
Continue readingFitch warns it may be forced to downgrade dozens of banks, including JPMorgan Chase
Fitch Ratings warned that U.S. banks have inched closer to sweeping rating downgrades on dozens of lenders, including JPMorgan Chase and Bank of America.
Continue readingThe ‘internet’s favorite underwear’ goes mainstream: Gen Z brand Parade agrees to be bought
Parade, the underwear startup that vowed to be the opposite of Victoria’s Secret, has agreed to be bought by Fruit of the Loom licensee Ariela […]
Continue readingLloyd Blankfein says he ‘can’t imagine’ returning to Goldman Sachs
Blankfein, a former CEO of Goldman Sachs, pushed back on a report saying he had offered to return to the firm to help current CEO […]
Continue readingBiden urges ‘fair agreement’ between UAW and Detroit automakers that avoids plant closures
Biden’s statement comes as the UAW has withheld a reelection endorsement for the president.
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