Analysts believe the spinoff could unlock up to $20 billion in shareholder value while clearing the way for FedEx management to focus on restructuring. ​Read More
Nearly all eggs sold in Michigan starting before the New Year must come from cage-free birds, even as egg prices continue to climb. Michigan lawmakers modified the Animal Industry Act in 2019, requiring shell eggs from chickens, ducks and other fowl, sold in the state to be from cage-free housing systems, starting Dec. 31, 2024.
House GOP leaders are scrambling to reach a deal to avert a partial government shutdown before Friday’s deadline, but experts say a shutdown would likely have little impact on the stock market – and might even help it, given the circumstances. The last-minute wrangling comes after the initial bipartisan deal received an avalanche of criticism
Micron's stock plummeted on Thursday following the company's earnings report and its weaker-than-expected guidance for the second quarter. ​Read More
The U.S. Justice Department (DOJ) filed a civil complaint in federal court alleging CVS Pharmacy filled unlawful prescriptions in violation of the Controlled Substance Act (CSA) and False Claims Act (FCA). The government’s complaint targets the country’s largest pharmaceutical company with over 9,000 stores nationwide, alleging it “knowingly filled prescriptions for controlled substances that lacked
Honda and Nissan are reportedly looking at the possibility of merging, sparking speculation about what the potential move could mean – but experts say the rumors of a partnership are not a surprise. News of the merger talks, which was first reported by the Nikkei newspaper on Tuesday, comes as both Japanese auto giants struggle
Unionized Starbucks workers voted to authorize a strike. “BREAKING: 98% of SBWU baristas voted to authorize a ULP strike if necessary – just DAYS before our emergency campaign call Thursday @ 8:30 pm PT/ 5:30 pm ET,” Starbucks Workers United said Tuesday on X. The potential strike authorization came in the lead-up to a meeting
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