KFC is leaving Kentucky. The fried chicken chain’s U.S. headquarters will move from Louisville, Kentucky, to Plano, Texas, owner Yum Brands said Tuesday. About 100 KFC U.S. employees will be required to…
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U.S. homebuilders raise alarm over tariffs as sentiment falls to 5-month low
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Sentiment among the nation’s single-family homebuilders dropped to the lowest level in five months in February, largely due to concern over tariffs, which would raise their costs significantly. The National…
For decades, popcorn has been a staple of the movie theater experience and exhibitors’ bottom lines. Now, the receptacle it comes in is becoming just as important. As recently as…
Super Micro Computer, Inc. (SMCI) stock surged over 50% after reporting earnings last week. The top and bottom line results weren’t stellar. The guidance, however, was enough to fuel a…
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Coca-Cola takes on Olipop and Poppi with new prebiotic soda brand, Simply Pop
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Coca-Cola is launching a prebiotic soda brand called Simply Pop, taking on upstarts Olipop and Poppi. Starting in late February, consumers on the West Coast and in the Southeast will be…
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Tesla’s law firm drafts Delaware bill that could salvage Musk pay package
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A law firm that represents Tesla and Elon Musk has written proposed legislation that would alter Delaware corporate law, according to a person directly familiar with the drafting of the bill.…
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From tariffs to DOGE, what companies are saying about the impact of MAGA policies
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During Mettler-Toledo’s earnings call earlier this month, executives found themselves fielding a barrage of questions about one key topic: tariffs. The Ohio-based maker of industrial scales and laboratory equipment had already…
Shifting Sands in the Top Five At the end of last week, there were some interesting shifts in sector positioning, though the composition of the top five remained unchanged. Let’s…
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As Joann Fabrics and JCPenney announce store closings, here’s what’s driving the pattern
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The new year for brick-and-mortar retailers is picking up right where 2024 left off, as a slew of stalwart brands are set to shutter dozens of store locations amid shifting…
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Amazon ‘anti-union propaganda,’ employee surveillance loom over labor vote at North Carolina warehouse
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Italo Medelius-Marsano was a law student at North Carolina Central University in 2022, when he took a job at an Amazon warehouse near the city of Raleigh to earn some extra cash.…