Ford Motor is the latest company to walk back some of its commitments to diversity, equity and inclusion initiatives. The automaker has taken “a fresh look” at its DEI policies and…
Buffett’s Berkshire Hathaway hits $1 trillion market value, first U.S. company outside of tech to do so
Warren Buffett’s Berkshire Hathaway reached a $1 trillion market capitalization on Wednesday, the first nontechnology company in the U.S. to score the coveted milestone. Shares of the Omaha-based conglomerate have rallied more…
Philip Morris to invest $232 million to expand ZYN production at Kentucky plant
Philip Morris International said on Tuesday it would invest $232 million to expand production capacity for ZYN nicotine pouches at its Ownesboro, Kentucky plant, to meet the strong demand. The investment…
Putin assisting Maduro regime amid ongoing protests over rigged election result
Venezuelan President Nicolás Maduro is turning to his friend, Russian President Vladimir Putin, to help him put down opposition to the recent outcome of the presidential election which most outside…
Lowe’s becomes latest company to dial back DEI efforts aimed at LGBTQ groups
Home goods retailer Lowe’s is paring back its efforts to promote LGBTQ inclusion — the latest large company to respond to a growing cultural backlash led by conservatives targeting queer…
In this edition of StockCharts TV‘s The Final Bar, Dave recaps a brutal day for retailers as ANF, FL, and BBWI drop on earnings misses. He also highlights the bullish primary trend…
Today’s MarketCarpet was a sea of red with just a few dabs of green. Financials took the lead, followed by Health Care and Utilities. FIGURE 1. A SEA OF RED.…
‘Deliberate abuse of power’: Republicans erupt after bombshell Zuckerberg letter on COVID-19 censorship
House Republicans are claiming vindication after Meta CEO Mark Zuckerberg admitted his company was pressured by the Biden-Harris administration to ‘censor certain COVID-19 content’ during the pandemic. ‘For too long,…
Biden-Harris admin working to ‘Trump-proof’ hundreds of DOJ jobs, watchdog says
The Biden-Harris administration may be attempting to ‘Trump-proof’ the Department of Justice (DOJ) by hiring permanent appointees to some federal positions, according to findings from a watchdog group’s public records…
House Judiciary Committee Chairman Jim Jordan, R-Ohio, is issuing a subpoena for information on the political work conducted by the daughter of New York State Supreme Court Judge Juan Merchan.…