Featured Articles in National Business News

Ackman’s Bold Bets and Tariff Tussles Define a Volatile 2025

Billionaire hedge fund manager Bill Ackman, known for his outsized bets and outspoken commentary, has been a lightning rod in 2025, navigating a turbulent market landscape while wielding influence in both finance and politics. His Pershing Square Capital Management’s portfolio is down nearly 14% year-to-date, a rare stumble for the activist investor, yet his high-profile Read More…

Stock Market Experiences Volatility Amid Trade Policy Shifts and Earnings Reports

The U.S. stock market endured another turbulent week, with major indexes grappling with persistent volatility driven by ongoing trade policy uncertainties, particularly surrounding President Donald Trump’s tariff announcements. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all posted losses, reflecting investor concerns over the economic fallout from escalating global trade tensions. The week Read More…

FTC Moves to Reconsider Board Restrictions on Chevron, Exxon Amid Merger Deals

The U.S. Federal Trade Commission has taken a preliminary step toward potentially reversing boardroom restrictions imposed on Chevron and Exxon Mobil as part of their recent major acquisitions, signaling a shift from policies enacted under the Biden administration. The restrictions, which were key conditions for approving the oil giants’ multi-billion-dollar mergers, barred specific executives from Read More…

Apple Airlifts 600 Tons of iPhones to U.S. Ahead of Potential Tariffs

In a dramatic move to get ahead of looming U.S. tariffs, Apple has airlifted approximately 600 tons of iPhones—equivalent to around 1.5 million devices—from India to the United States, according to a report by Reuters. The unprecedented shipment is part of the tech giant’s effort to stabilize supply and avoid potential price hikes that could Read More…

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DHL Express to Suspend High-Value Consumer Shipments to U.S. Amid Customs Changes

DHL Express, the international shipping division of Germany’s Deutsche Post, will suspend global business-to-consumer shipments valued over $800 to individuals in the United States starting April 21. The move comes in response to recent changes in U.S. customs regulations that have increased processing times for high-value shipments. The announcement was posted on the company’s website, Read More…

U.S. Regulators Approve Capital One’s $35.3 Billion Merger with Discover

U.S. banking regulators on Friday approved Capital One’s $35.3 billion acquisition of Discover Financial Services, clearing the way for the creation of the nation’s eighth-largest bank by assets insured by the federal government. The merger, one of the largest in the financial sector in recent years, has drawn sharp criticism from consumer advocates and lawmakers Read More…

Ackman’s Bold Bets and Tariff Tussles Define a Volatile 2025

Billionaire hedge fund manager Bill Ackman, known for his outsized bets and outspoken commentary, has been a lightning rod in 2025, navigating a turbulent market landscape while wielding influence in both finance and politics. His Pershing Square Capital Management’s portfolio is down nearly 14% year-to-date, a rare stumble for the activist investor, yet his high-profile Read More…

Stock Market Experiences Volatility Amid Trade Policy Shifts and Earnings Reports

The U.S. stock market endured another turbulent week, with major indexes grappling with persistent volatility driven by ongoing trade policy uncertainties, particularly surrounding President Donald Trump’s tariff announcements. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all posted losses, reflecting investor concerns over the economic fallout from escalating global trade tensions. The week Read More…

FTC Moves to Reconsider Board Restrictions on Chevron, Exxon Amid Merger Deals

The U.S. Federal Trade Commission has taken a preliminary step toward potentially reversing boardroom restrictions imposed on Chevron and Exxon Mobil as part of their recent major acquisitions, signaling a shift from policies enacted under the Biden administration. The restrictions, which were key conditions for approving the oil giants’ multi-billion-dollar mergers, barred specific executives from Read More…

Apple Airlifts 600 Tons of iPhones to U.S. Ahead of Potential Tariffs

In a dramatic move to get ahead of looming U.S. tariffs, Apple has airlifted approximately 600 tons of iPhones—equivalent to around 1.5 million devices—from India to the United States, according to a report by Reuters. The unprecedented shipment is part of the tech giant’s effort to stabilize supply and avoid potential price hikes that could Read More…

U.S. adds 228,000 jobs in March, surpassing expectations

The Center Square) – The U.S. added 228,000 jobs in March, the U.S. Department of Labor reported Friday, nearly double what was forecast. Employment gains occurred in the health care, transportation, warehousing and retail trade industries, according to the Labor department. The overall gains come despite significant layoffs in the federal government under the Trump Read More…

Nissan Reportedly Weighs Moving Some Japan-Based Production to U.S. Amid Rising Tariffs

Nissan Motor Co. is considering shifting a portion of its Japan-based production for U.S.-bound vehicles to the United States, amid escalating global trade tensions fueled by President Donald Trump’s renewed tariff policies, according to a report by the Nikkei on Saturday. The move is aimed at avoiding the financial impact of Trump’s aggressive trade agenda, Read More…

Live Nation battles anti-competitive allegations on multiple levels

(The Center Square) – Live Nation Entertainment, the events giant that operates Ticketmaster, is fighting to hold on to practices that states and the federal government allege are anti-competitive and hurt both fans and musicians. The company recently lost its bid to dismiss a lawsuit filed by the U.S. Department of Justice and a coalition Read More…

OpenAI Faces Deadline to Complete For-Profit Transition to Secure Full $40 Billion Funding

OpenAI, the groundbreaking artificial intelligence company, must complete its transition into a for-profit entity by the end of 2025 in order to secure the full $40 billion in funding it is currently raising, according to a person familiar with the matter. The funding round is being led by global technology giant SoftBank. This pivotal transition Read More…

Wells Fargo Drops Net-Zero Goals Amid Attorney General Investigation

Wells Fargo has officially abandoned its commitment to achieving net-zero emissions by 2050, prompting Montana Attorney General Austin Knudsen to close his investigation into the bank’s Environmental, Social, and Governance (ESG) policies. The move follows a broader controversy over whether financial institutions should consider climate-related targets in their lending practices. The investigation, launched in October Read More…

Elon Musk’s xAI Acquires X in $33 Billion Deal, Marking a New Era for AI and Social Media Integration

In a groundbreaking move that fuses artificial intelligence with social media, Elon Musk’s xAI has acquired X, the platform formerly known as Twitter, in an all-stock deal valued at $33 billion. Announced by Musk on X late Friday, the acquisition raises xAI’s valuation to an impressive $80 billion, creating a combined entity that aims to Read More…

Titan Machinery Reports Fourth-Quarter and Full-Year Results for Fiscal 2025

Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, today released its financial results for the fiscal fourth quarter and full year ended January 31, 2025. For the fourth quarter of fiscal 2025, Titan Machinery posted revenue of $759.9 million, down from $852.1 million in the same period last Read More…

Micron Reports Strong Q2 2025 Earnings

Micron Technology, Inc. (Nasdaq: MU) announced its second-quarter fiscal 2025 earnings today, reporting $8.05 billion in revenue and record-breaking data center DRAM sales, fueled by robust demand for artificial intelligence (AI) applications. Key Financial Highlights Revenue: $8.05 billion (down from $8.71 billion in Q1 but up from $5.82 billion year-over-year) GAAP Net Income: $1.58 billion Read More…

Daktronics Announces Leadership Transition and Fiscal Q3 2025 Results

Daktronics, Inc. (NASDAQ: DAKT), a leading designer and manufacturer of dynamic video communication displays, has announced a major leadership transition alongside its fiscal third-quarter results for 2025. Reece Kurtenbach, who has served as Chairman, President, and CEO, will step down from his roles, transitioning into an advisory position to support the company’s digital transformation efforts. Read More…

Pennant Group to Present at 2025 Oppenheimer Annual Healthcare Conference

The Pennant Group, Inc. (NASDAQ: PNTG), a leading provider of home health, hospice, and senior living services, announced its participation in the 2025 Oppenheimer Annual Healthcare MedTech & Services Conference. The event is scheduled to take place on March 18, 2025. Pennant’s leadership team, including Chief Executive Officer Brent Guerisoli, Chief Financial Officer Lynette Walbom, Read More…

Fed Expected to Cut Rates in June as Job Growth Shows Early Weakness

The Federal Reserve is preparing for its March 18-19 policy meeting amid a strong overall labor market, though signs of potential weakening are emerging. This could place the U.S. central bank in a challenging position if inflation remains elevated and tariffs from the Trump administration continue to put upward pressure on prices. In February, U.S. Read More…

Nvidia Warns of Impact from U.S.-China Trade Tensions on Future Revenue

In a cautious assessment of its business in China, Nvidia executives warned during the company’s quarterly earnings call Wednesday that the ongoing U.S.-China trade conflict is hurting its revenue, with tariffs and export controls adding significant uncertainty to its outlook. CEO Jensen Huang highlighted that Nvidia’s sales in China have been slashed by half since Read More…

Michael Saylor Urges Bitcoin Fans to Sell a Kidney Before Parting with Crypto Holdings Amid Market Drop

Michael Saylor, the executive chairman of the newly renamed Strategy, stirred up a social media storm this week with an eyebrow-raising suggestion to his 4 million followers on X (formerly Twitter). In a post on Thursday, Saylor told his audience to “sell a kidney if you must, but keep the Bitcoin,” as the cryptocurrency faced Read More…

Berkshire Hathaway Reports Record Profits as Buffett Warns Washington on Fiscal Prudence

Berkshire Hathaway Inc. (NYSE: BRK.A) posted record annual profits and expanded its cash reserves to $334.2 billion, as Warren Buffett used his annual shareholder letter to issue a pointed message to Washington: spend wisely and protect those who draw the “short straws in life.” The 94-year-old investing titan, widely regarded as one of the greatest Read More…

Elliott Investment Takes Stake in BP, Pressures Oil Major for Change

Activist investor Elliott Investment Management has acquired a significant stake in BP Plc, as the British oil giant struggles with years of underperformance and weak investor confidence, according to sources familiar with the matter. Elliott is reportedly pressuring BP to consider transformative measures to boost shareholder value, believing the company is undervalued and its performance Read More…

Frontier Asset Management Launches Actively Managed ETFs on the NYSE

Frontier Asset Management, an independent asset management firm, has officially launched its suite of actively managed exchange-traded funds (ETFs) on the New York Stock Exchange (NYSE). These ETFs are designed to enhance Frontier’s multi-asset Active ETF Strategies, with the goal of providing attractive risk-adjusted returns for investors. The Frontier ETF suite consists of six actively Read More…

Steve Scheel Honored with North Dakota’s Theodore Roosevelt Rough Rider Award

Steve D. Scheel, the board chairman emeritus of SCHEELS, has been named the 50th recipient of North Dakota’s Theodore Roosevelt Rough Rider Award, the state’s highest honor for its citizens. Gov. Doug Burgum presented the award today, celebrating Scheel’s achievements in building SCHEELS into a leading retail brand known for its exceptional customer service, leadership, Read More…

7k Metals Unveils Limited-Edition 1-Kilo Grand Canyon Silver Coin for Black Friday 2024

Idaho-based 7k Metals is set to make waves in the numismatic world with the launch of one of its largest and most innovative coins: the 1-kilo Grand Canyon silver coin. This impressive collector’s piece, part of the company’s Topography collection, will debut on Black Friday, November 29, 2024, with a limited minting of just 77 Read More…

Warren Buffett Trims Apple Stake Amid Broader Selling Streak at Berkshire Hathaway

Legendary investor Warren Buffett, CEO of Berkshire Hathaway (NYSE: BRK.A, NYSE: BRK.B), continues to captivate the financial world with his investment moves. As of November 14, Berkshire’s Class A shares have delivered a staggering cumulative return exceeding 5,660,000% under Buffett’s nearly six decades of leadership. Recent filings with the Securities and Exchange Commission (SEC) reveal Read More…

Wyoming Business Council Launches Job Board

The Wyoming Business Council (WBC) is proud to announce the launch of a new Job Board through Wyoming Venture Capital (WYVC), aimed at enhancing support for its portfolio companies and partners. This initiative addresses the ongoing challenges of recruiting qualified talent in Wyoming while providing job seekers with a streamlined resource to explore employment opportunities Read More…

Red Lobster Appoints New CEO Amid Bankruptcy and Menu Overhaul

After closing over 100 locations and filing for Chapter 11 bankruptcy protection in May, Red Lobster has announced the appointment of Damola Adamolekun as its new CEO. The seafood restaurant chain, which has been a staple for 56 years, has faced significant challenges, including a leadership shake-up with five CEOs since 2021. Adamolekun, 35, expressed Read More…

Boeing’s ‘Final Offer’ Falls Short for Striking Workers, Says Union

Boeing announced Monday that it had made a “best and final offer” to its striking machinists, including bigger pay raises and larger bonuses. However, the workers’ union quickly rejected the proposal, stating it wasn’t sufficient, and no ratification vote would occur before Boeing’s deadline at the end of the week. The union criticized Boeing for Read More…

Comparing Biden’s Economy to Trump’s Economy

The economy is set to be a pivotal issue in the 2024 presidential election, highlighting the stark differences between President Joe Biden and former President Donald Trump. Consider the American economy as a bag filled with a variety of policies and economic indicators, with inflation being a prominent one. Although inflation has retreated from its Read More…

CEO Pay Hit Another Record. Shareholders Did Even Better.

Benjamin Franklin’s timeless assertion from 1789 about the certainties of life—death and taxes—might require a modern update if he were alive today. In our contemporary landscape, alongside these age-old certainties, we witness another phenomenon: the ever-escalating compensation of chief executive officers (CEOs). According to a recent study by Equilar, median pay for America’s top CEOs Read More…

FTX founder Samuel Bankman-Fried sentenced to 25 years

(The Center Square) – A judge sentenced FTX founder Samuel Bankman-Fried to 25 years in prison on Thursday, marking the long fall of the onetime cryptocurrency star. U.S. District Judge Lewis Kaplan also sentenced Samuel Bankman-Fried, known as SBF, to three years of supervised release, and ordered him to pay $11 billion for orchestrating a massive fraud. Bankman-Fried, Read More…