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WeightWatchers and lender advisors enter confidential talks for restructuring

WW International and advisors to its lenders have reportedly taken a step in talking about potentially restructuring the company’s debt. The Wall Street Journal reported, citing unnamed sources, that WeightWatchers, which became WW International several years ago, and the lender advisors recently entered into a confidentiality agreement.  The company’s financial forecasts and strategy have been

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Inflation ticks up, Trump’s tariffs, Dimon slams anti-RTO workers

-Stocks notch weekly gains despite mixed trading Friday  -Treasury Secretary Scott Bessent defends tariffs, after wheeling and dealing with Ukraine’s Zelenskyy  -Trump’s tariffs and reciprocal tariffs explained  -DOGE bulldozing hits Social Security, Federal Reserve next? -Inflation runs hot…again, as egg prices soar 53%  -Agriculture Secretary Brooke Rollins confirmed, along with Robert Kennedy, Jr. as Health

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NYSE coming to Texas as Lone Star State continues to attract businesses

Texas has in recent years become a significant home for companies looking to relocate, including the latest —  the New York Stock Exchange’s “fully electronic equities change” NYSE Texas in Dallas.  The NYSE revealed Wednesday that it plans to add operations in Dallas by reincorporating its NYSE Chicago as NYSE Texas in the Lone Star

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Blue Origin to lay off about 10% of workforce

Jeff Bezos-founded space company Blue Origin plans to lay off about 10% of its workforce, according to a company-wide email obtained by FOX Business. Employees in some engineering, research and development, and “program/project management” positions will lose their jobs in the layoffs, according to the email from CEO Dave Limp. He told employees in the

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China carrying out customs fraud, trade expert says: ‘No doubt’

China may be out of ways to evade U.S. trade laws as President Donald Trump’s tariffs and border crackdowns come into effect. International trade expert Daniel Pickard believes Trump’s return to the Oval Office could bring an end to shady Chinese trade practices. “What we have seen repeatedly with a lot of the Chinese products

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New York Stock Exchange plans exchange in ‘pro-business’ Texas

New York Stock Exchange (NYSE) Texas, “a fully electronic equities exchange,” is coming to Dallas. The announcement came Wednesday, and stated the NYSE Chicago “will reincorporate in Texas and be renamed NYSE Texas,” providing companies with a new venue to list their securities. Several high-profile firms, including Elon Musk’s Tesla, and SpaceX, have relocated their

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Chevron trimming headcount by 15%-20% in layoffs

Chevron is seeking to trim its headcount by a sizable amount. The energy giant will lay off 15%-20% of its workers in a bid to “simplify our organizational structure, [execute] faster and more efficiently, and position the company for stronger long-term competitiveness,” Chevron Corp. Vice Chair Mark Nelson said in a Wednesday statement. Chevron’s global

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JPMorgan Chase reportedly to start rounds of layoffs

JPMorgan Chase reportedly has several rounds of layoffs coming this year, and some workers at the company have apparently started being told they will lose their jobs.  Barron’s reported Wednesday that some JPMorgan Chase employees learned from supervisors last week that their jobs would be impacted by layoffs. The outlet cited unnamed sources “familiar with the

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Spirit Airlines rejects another Frontier Airlines acquisition worth $2.16B

Spirit Airlines on Tuesday rejected Frontier Group’s acquisition offer, worth about $2.16 billion, saying the bid from its fellow ultra-low-cost carrier was less beneficial to shareholders than its ongoing reorganization plan. Frontier’s offer was a reiteration of its proposal from earlier this month in which it proposed Spirit’s shareholders would get $400 million in debt

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Ford CEO says tariffs could ‘blow a hole’ in US auto industry

Ford CEO Jim Farley said Tuesday that President Donald Trump’s tariff push has so far brought “a lot of cost and a lot of chaos” to the auto industry despite the president’s aims to help the industry. “President Trump has talked a lot about making our U.S. auto industry stronger, bringing more production here, more

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