Tag: adventure

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Ben & Jerry's Accuses Unilever of Stifling Social Mission Statements

Ben & Jerry's escalates lawsuit against Unilever, alleging censorship over a social policy statement mentioning President Trump. The ice cream maker claims Unilever suppressed the statement and threatened to dismantle its independent board.

Billionaire Ray Dalio: US Debt Could Devalue Dollar, Time for Crypto

Billionaire investor Ray Dalio warns of potential dollar devaluation due to rising US debt and advocates for considering alternative currencies like crypto.

US Stocks Advance to Best Start of Presidential Term Since Reagan

The stock market experienced a brief pause in its relentless rally near all-time highs but is still on track for its best start to a presidential term since Ronald Reagan took office in 1985. The S&P 500 climbed almost 2% this week as President Trump discussed policies to boost the economy and lower taxes. The dollar is set for its biggest weekly drop since November 2023, and the MOVE Index of expected Treasury volatility has hit its lowest level since mid-December.

Covenant Logistics Group Optimistic About Freight Market in 2025

Covenant Logistics Group, a Chattanooga-based company, reported a 1% increase in fourth-quarter revenue to $277 million. The company anticipates improved market conditions in the freight industry over the next several months.

Target Scales Back DEI Initiatives Amid Conservative Backlash

Target joins Walmart in scaling back diversity initiatives amid conservative backlash. The retailer ends programs supporting Black employees and shoppers, and concludes DEI goals.

Ballard Partners Hires Kraken and Blockchain.com for Lobbying

Cryptocurrency firms, including Kraken and Blockchain.com, have hired Ballard Partners, a lobbying firm with ties to President Trump, to advocate for crypto policy changes and legal clarity.

The Strong Dollar and the Surge in Airline Travel

A strong dollar is boosting travel to Europe, with major airlines like United and Delta seeing record profits. The greenback's rise has made US products more expensive abroad but has also increased the purchasing power of US travelers in Europe. As a result, airlines are adding more routes to popular European destinations and expanding their premium travel offerings to capitalize on the increased demand.

Tesla Updates Model Y With New Design, Features

Tesla launches updated Model Y with new exterior, interior, suspension, and more starting at $59,990.

Stocks Near All-Time Highs Ahead of Fed Decision

The stock market rally took a pause near record highs, but remains on track for its strongest start to a presidential term since Ronald Reagan took office in 1985. The S&P 500 climbed about 2% this week, boosted by President Trump's pro-growth policies and softening stance on China tariffs. However, a rout in chipmakers weighed on trading Friday. Bonds rose amid data showing a drop in US consumer sentiment and a slight pullback in the growth pace of business activity. The yield on 10-year Treasuries declined two basis points to 4.62%. The dollar was set for its biggest weekly drop since July 2023. Cryptocurrency-linked firms rallied following Trump's executive order favoring the industry.

Davos: Deregulation to Fuel M&A and Lift Bank Stocks

Morgan Stanley Exec: Deregulation will spur M&A and boost bank stocks. Tune in to the Opening Bid podcast from the World Economic Forum for more insights from top business leaders.