Month: January 2025
FTC sues PepsiCo, alleging price discrimination is raising costs for consumers
Cans of Pepsi are on display at a Target store in the Flatbush neighborhood of Brooklyn, New York City, on Feb. 9, 2024. Michael M. Santiago | Getty Images The Federal Trade Commission said Friday that it is suing PepsiCo for illegal price discrimination, alleging the food and beverage giant gave an unnamed retailer more […]
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Trump announces White House economic policy team
White House Council of Economic Advisers Chairman Kevin Hassett addresses reporters during the daily briefing at the White House in Washington, U.S. February 22, 2018. Jonathan Ernst | Reuters President-elect Donald Trump on Friday announced senior staff appointments to his White House National Economic Council. The council advises the President on U.S. and global economic […]
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Trump inauguration to be moved indoors due to extreme cold
The US Capitol in Washington, DC, US, on Monday, Jan. 6, 2025. Al Drago | Bloomberg | Getty Images President-elect Donald Trump said his inaugural ceremony will be moved indoors due to the extreme cold set to grip Washington, D.C., on Monday. “There is an Arctic blast sweeping the Country. I don’t want to see […]
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Supreme Court rules to uphold TikTok ban, setting the stage for U.S. users to lose access Sunday
The Supreme Court has upheld the law requiring China-based ByteDance to divest its ownership of TikTok by Sunday or face an effective ban of the popular social video app in the U.S. ByteDance has so far refused to sell TikTok, meaning many U.S. users could lose access to the app this weekend. The app may […]
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Democrats push for inaugural oversight as Trump committee rakes in cash
Seating are pictured at the West Front of the U.S. Capitol building as preparations are underway for the upcoming presidential inauguration of U.S. President-elect Donald Trump, in Washington, U.S., Jan. 15, 2025. Fabrizio Bensch | Reuters Senate Democrats are pushing for more transparency from presidential inaugural committees, as a wave of cash from corporations and […]
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Bumble founder Whitney Wolfe Herd to return as CEO
Whitney Wolfe Herd speaks onstage in Dana Point, California. Joe Scarnici | Getty Images Entertainment Bumble founder Whitney Wolfe Herd will return to the company as CEO, a little more than a year after she stepped down from the role, the company announced Friday. The company’s current CEO Lidiane Jones has resigned for “personal reasons,” […]
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Trump and China’s Xi discuss TikTok, trade, fentanyl, president-elect says
President Donald Trump talks with Chinese President Xi Jinping as Xi arrives for dinner at the start of their summit at Trump’s Mar-a-Lago estate in West Palm Beach, Florida, U.S. April 6, 2017. Carlos Barria | Reuters President-elect Donald Trump said he spoke on the phone with Chinese President Xi Jinping on Friday about TikTok, […]
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Israeli security cabinet recommends Gaza ceasefire deal
The Israeli security cabinet has recommended approving the Gaza ceasefire and hostage return deal, ahead of a full cabinet meeting expected later on Friday, a statement from the prime minister’s office said. Cabinet is expected to meet at 3.30 p.m. (1330 GMT) to give final ratification to the agreement, which Prime Minister Benjamin Netanyahu said […]
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Bitcoin gains as Trump reportedly plans crypto executive order
Jakub Porzycki | Nurphoto | Getty Images Bitcoin rejoined the crypto rally on Friday amid reports that President-elect Donald Trump could release an executive order making crypto a national priority as soon as day 1 of his new term. The price of the flagship cryptocurrency was last higher by nearly 2% at $102,639.13, according to […]
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Stocks making the biggest moves premarket: J.B. Hunt, Qorvo, Fastenal and more
Check out the companies making headlines before the bell: J.B. Hunt Transport Services — Shares fell more than 7% after the company’s fourth-quarter earnings came in weaker than expected. J.B. Hunt earned $1.53 per share, below the LSEG consensus estimate of $1.61 per share. Meanwhile, revenue for the period came in line with expectations at […]
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