Business

Spanish government's investment fund SEPI proposes replacing Telefonica's CEO Jose Maria Alvarez-Pallete with Indra executive chairman Marc Murtra.

Published on: January 18, 2025, 12:00 PM UTC

Chevron's $53 Billion Hess Takeover Approved by FTC with Conditions, Exxon Challenge Remains

Published on: January 18, 2025, 12:00 AM UTC

Rig on Wheels, a driver recruiting agency, celebrates its 15th anniversary. CEO Kameel Gaines discusses the company's milestones, industry insights, and the importance of diversity in trucking.

Published on: January 17, 2025, 11:03 PM UTC

Amid declining enrollment, struggling private colleges resort to selling valuable assets, including prized buildings and coveted art collections, to stave off financial collapse.

Published on: January 17, 2025, 11:03 PM UTC

Retailers brace for potential tariffs as Trump's policies loom. Discount stores, footwear brands, and big box retailers will be heavily impacted, leading to potential price increases and supply chain adjustments.

Published on: January 17, 2025, 11:02 PM UTC

Despite Trump's anti-green energy stance, the private sector is driving green energy investment due to soaring demand. Republicans may change how incentives are distributed but are unlikely to repeal them completely, as Republican states benefit from green energy investment. Investors and businesses are profiting from the green energy transition, making it unlikely Trump will reverse its momentum.

Published on: January 17, 2025, 11:02 PM UTC

Financial Freestyle: Trump's deportation plans could hurt housing market, expert warns

Published on: January 17, 2025, 11:01 PM UTC

Elon Musk has been tasked by President Trump to improve the efficiency of the federal government. His self-named DOGE (Department of Government Efficiency) commission aims to cut $1 trillion per year in spending through deregulation, agency efficiency, and cost-cutting. While DOGE has no authority, it has Trump's support, congressional backing, and Musk's massive social media following. However, critics point to the difficulty of cutting 15% of federal spending, especially with untouchable programs like Social Security and defense accounting for 53%.

Published on: January 17, 2025, 11:01 PM UTC

Starbucks plans to cut jobs in a move to enhance efficiency amid its turnaround strategy led by CEO Brian Niccol, targeting corporate support roles rather than in-store employees.

Published on: January 17, 2025, 11:01 PM UTC

Bank of America to Award Stock to Most Employees Following Strong 2024 Performance

Published on: January 17, 2025, 11:01 PM UTC