Tag: adventure

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.

Published on: January 24, 2025, 11:00 PM UTC

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

Published on: January 24, 2025, 10:01 PM UTC

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.

Published on: January 24, 2025, 08:02 PM UTC

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.

Published on: January 24, 2025, 08:00 PM UTC

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

Published on: January 24, 2025, 07:04 PM UTC

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.

Published on: January 24, 2025, 07:04 PM UTC

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.

Published on: January 24, 2025, 07:03 PM UTC

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

Published on: January 24, 2025, 07:02 PM UTC

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.

Published on: January 24, 2025, 07:00 PM UTC

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.

Published on: January 24, 2025, 06:04 PM UTC