Walmart Inc. (WMT.N) CEO Doug McMillon will retire next year after more than a decade leading the retail giant, capping a period during which he transformed the company into a technology-driven powerhouse. Under McMillon’s tenure, Walmart’s shares have consistently outperformed the broader market, analysts note. McMillon, 59, will be succeeded by John Furner, 51, who Read More…
(The Center Square) – With Chicago’s downtown office vacancy rate now at a record-high 28%, Illinois Policy Institute researcher LyLena Estabine says city policymakers have become their own worse enemy when it comes to addressing the area’s changing demographics. New data shows Loop vacancies ballooned over the recent third quarter as post-pandemic work trends continue Read More…
U.S. markets lost momentum this week as investors stepped back from recent highs, digesting mixed economic signals and growing uncertainty around the outlook for interest rates and growth. After several weeks of gains, the S&P 500 fell roughly 2.4% for the week, while the Nasdaq Composite dropped about 3%, its steepest decline since April. The Read More…
Now that the United States has officially stopped making pennies, a nationwide scramble is underway among gas stations, fast-food chains, and major retailers to adjust prices and handle cash transactions — a shift that could quietly erode profits for many high-volume businesses. The transition follows President Donald Trump’s decision earlier this year to halt production Read More…
Target is dropping its price-matching policy with rivals Walmart and Amazon after more than a decade as the company aims to reposition itself amid slowing sales and competitive pressure. Under its new Price Match Guarantee policy, taking effect July 28, customers of the Minneapolis-based retail giant will be able to price match other Target products in the Read More…
The J.R. Simplot Company and Clarebout Potatoes announced this week Simplot’s intention to acquire the operating business of Clarebout, in a move that unites two family-owned leaders in the frozen potato industry. The transaction, expected to close in 2025 pending regulatory approvals, will significantly expand Simplot’s footprint in Europe and enhance its global processing and Read More…
Daktronics, Inc. (NASDAQ: DAKT), a leading provider of electronic scoreboards, LED video displays, and digital signage, announced it will release its fourth quarter and full fiscal year 2025 financial results on Wednesday, June 25, 2025, before the market opens. The company will host a conference call and webcast at 10:00 a.m. CT the same day Read More…
The U.S. stock market delivered a gripping performance this week, propelled by tech sector strength, a solid jobs report, and flickers of optimism in U.S.-China trade talks, though tariff jitters and uneven economic data kept investors on their toes. The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average eked out gains, closing a turbulent Read More…
(The Center Square) – American colleges are not preparing students for the workforce, according to a recent poll, with hiring managers saying many graduates are entitled, easily offended, and on their phones too much. A May release on the Resume.org poll said that “the class of 2025 college graduates [are] entering a difficult job market. Read More…
Daktronics, Inc. (Nasdaq: DAKT), a dynamic video communication displays and control systems company, announced today that Interim Chief Executive Officer Brad Wiemann and Acting Chief Financial Officer Howard Atkins will represent the company at the Craig-Hallum Capital Group’s 22nd Annual Institutional Investor Conference. The event will take place on Wednesday, May 28, 2025, in Minneapolis, Read More…
Berkshire Hathaway, the conglomerate helmed by legendary investor Warren Buffett, has become the largest private holder of short-term U.S. government debt — and now holds more Treasury bills than even the U.S. Federal Reserve. In its latest earnings report released Saturday, Berkshire revealed it now holds $314.1 billion in short-term Treasuries as of March 31, Read More…
Microsoft the technology titan that reshaped personal computing, celebrated its 50th anniversary on April 4, 2025, reflecting on a storied legacy while charting an ambitious path forward in artificial intelligence and cloud computing. Founded in 1975 by Bill Gates and Paul Allen, the company has evolved from a scrappy software startup to a $3 trillion Read More…
Billionaire investor Bill Ackman, through his hedge fund Pershing Square Capital Management, has made a significant move by investing $900 million in Howard Hughes Holdings Inc. (NYSE: HHH), increasing his stake to 46.9% and positioning the real estate developer as a platform for a diversified holding company modeled after Warren Buffett’s Berkshire Hathaway. The announcement, Read More…
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. 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…
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…
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…
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…
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…
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 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…
(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, 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 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…
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 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 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…
Berkshire Hathaway, the conglomerate led by legendary investor Warren Buffett, is gearing up for its annual shareholder meeting scheduled for Saturday, May 3, 2025, in Omaha, Nebraska. Known as the “Woodstock for Capitalists,” this event draws tens of thousands of investors from around the globe to hear directly from Buffett and his team, while also Read More…
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…
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…
Boeing has announced that its annual bonus structure for over 100,000 employees will be tied to the company’s overall performance in 2025, marking a shift from the previous practice of awarding bonuses based on individual business unit results. According to the 2025 proxy statement filed with the U.S. Securities and Exchange Commission on Friday, 80% Read More…
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…
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, 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 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…
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…
Toyota is recalling more than 140,000 Toyota and Lexus vehicles due to potential safety issues, the company announced Thursday. The recall affects certain Tacoma, Camry, and Lexus RX models from the 2024 and 2025 model years. The Toyota Tacoma recall involves four-wheel-drive models, which may have damaged rear brake hoses due to the accumulation of Read More…
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…
(The Center Square) – A federal judge has blocked the $24.6 billion proposed merger between Albertsons and Kroger in response to a lawsuit filed against it by the Federal Trade Commission and several states. In the ruling, Oregon-based U.S. District Judge Adrienne Nelson argued that the merger “is a plausible, relevant market for antitrust purposes,” Read More…
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…
(The Center Square) – Nearly 40% of all Americans plan to shop on Black Friday, to kick off the holiday shopping season. Holiday sales are already expected to once again break records this year, with the National Retail Federation expecting a total holiday spending of between $979.5 billion to $989 billion in November and December, compared Read More…
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…
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…
Goldman Sachs is considering spinning out its technology platform under the bank’s digital assets business, the company announced on Monday. The spin-out is still in its early planning stages, with the firm aiming to establish the new entity within the next 12 to 18 months. The platform, known as GS DAP, focuses on digital assets Read More…