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Category Archives: Uncategorized

Wendy’s shares surge as Trian, its largest shareholder, explores potential deal

Wendy’s shares surge as Trian, its largest shareholder, explores potential deal

The hedge fund said it was seeking a deal to “enhance shareholder value” that could include an acquisition or merger, according to the filing.

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Electric vehicles are in short supply. Here’s what you can find as gas prices soar

Electric vehicles are in short supply. Here’s what you can find as gas prices soar

If consumers don’t want to wait for a new EV, some models may be easier to find than others, according to industry data compiled by […]

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Nordstrom raises full-year outlook as first-quarter sales top expectations

Nordstrom raises full-year outlook as first-quarter sales top expectations

CEO Erik Nordstrom said the company has been able to capitalize on demand from people who are shopping for “long-awaited occasions.”

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Stellantis CEO warns of electric vehicle battery shortage, followed by lack of raw materials

Stellantis CEO warns of electric vehicle battery shortage, followed by lack of raw materials

Carlos Tavares expects a shortage of electric vehicle batteries by 2024-2025, followed by a lack of raw materials by 2027-2028.

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NFL renews its sponsorship deal with Pepsi, but without the Super Bowl halftime show

NFL renews its sponsorship deal with Pepsi, but without the Super Bowl halftime show

The NFL and Pepsi officially renewed their 40-year relationship, but Super Bowl halftime rights are going back on the market.

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Stock futures rise following Tuesday’s losses in the Nasdaq

Stock futures rise following Tuesday’s losses in the Nasdaq

Traders are digesting a warning of slowing growth from social media company Snap that hurt the tech-heavy Nasdaq Tuesday.

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FTC launches investigation into infant formula makers over nationwide shortage

FTC launches investigation into infant formula makers over nationwide shortage

The Federal Trade Commission is launching an investigation into whether mergers in the baby formula industry contributed to the current shortage.

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Stocks making the biggest moves after hours: Nordstrom, Urban Outfitters and Intuit

Stocks making the biggest moves after hours: Nordstrom, Urban Outfitters and Intuit

These are the stocks posting the largest moves in extended trading.

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Crypto billionaire says he could spend a record-breaking $1 billion in 2024 election

Crypto billionaire says he could spend a record-breaking $1 billion in 2024 election

Democratic cryptocurrency exchange founder Sam Bankman-Fried says he expects to spend “north of $100 million” in 2024, with “soft ceiling” of $1 billion.

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Allbirds to start selling its shoes in select Nordstrom department stores

Allbirds to start selling its shoes in select Nordstrom department stores

Starting June 1, a selection of Allbirds shoes, including its signature wool sneakers, will be available for sale in 14 Nordstrom locations.

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