Apple on Thursday marked the 44th anniversary of the tech giant’s initial public offering (IPO) just days after its market capitalization reached a new all-time high that emphasized its growth over the last four decades. Apple shares reached $250.42 during Wednesday’s trading session, an all-time high that followed a record close of $247.70 at the end

President-elect Donald Trump on Thursday morning visited the New York Stock Exchange and rang the opening bell to kick off trading.  His visit to the NYSE occurred the same day that Time magazine declared him the “Person of the Year” for 2024. He was previously “Person of the Year” in 2016.  TRUMP RINGS OPENING BELL

Macy’s provided an update on the former employee who was responsible for hiding approximately $151 million of cumulative delivery expenses over the past three years.  “We’ve concluded our investigation and are strengthening our existing controls and implementing additional changes designed to prevent this from happening again and demonstrate our strong commitment to corporate governance,” Macy’s

If Walgreens Boots Alliance Inc. is bought by private equity firm Sycamore Partners, it would have more flexibility to “aggressively” reduce costs in order to address persisting industry challenges, according to an industry analyst.  “As a private company, WBA [Walgreens Boots Alliance] would have more flexibility to make major changes to the business, in our

The crypto industry is mounting a vigorous effort to block the renomination of Securities and Exchange Commissioner Caroline Crenshaw as the Senate Banking Committee gears up to vote for her appointment to a second term at Wall Street’s top regulator. Crenshaw, a Democrat, was appointed to the commission in 2020 by then-President Trump, and renominated by Biden.

Macy’s is facing calls from a pair of activist investors to make a slew of changes at the department store chain.  The activist investors, Barington Capital Group and Thor Equities, took issue with Macy’s capital allocation strategy in a Monday presentation while simultaneously arguing the department store chain should consider some “structural actions” for its

A federal judge on Tuesday blocked the proposed $25 billion merger between Albertsons and Kroger, agreeing with the Federal Trade Commission (FTC) that the deal would undermine competition in the grocery industry. U.S. District Judge Adrienne Nelson said that the plan put forward by the two companies to reduce grocery prices and divest more than