North Carolina Snowstorm

Business

Werner Enterprises Acquires FirstFleet, Cementing Its Position as a Top-Five Dedicated Carrier

Werner Enterprises' strategic acquisition of FirstFleet significantly expands its dedicated trucking footprint, adding key grocery and packaging clients. The deal, expected to be immediately earnings-accretive, arrives as investors scrutinize the company's valuation and growth trajectory amid a challenging freight market.

Feb 2, 2026

Beyond the Aisle: How Eataly is Redefining Italian Culture in America

From a repurposed Florida church to compact city cafés, the Italian marketplace giant is expanding its U.S. footprint with new formats focused on immersive experiences, not just groceries.

Feb 2, 2026

Business

Caleres Bolsters Leadership with Fashion Veteran Kristen Sosa to Steer Key New York Brands

Industry veteran Kristen Sosa joins Caleres as Division President, taking the helm of a portfolio including Stuart Weitzman, Veronica Beard, and Favorite Daughter, signaling a strategic push for growth.

Feb 2, 2026

Business

Florida Tops U.S. in Home Foreclosures as Rates Surge Nationwide

A new report reveals a sharp 14% annual increase in U.S. foreclosure filings, with Florida experiencing the highest rate in the nation. Analysts point to post-pandemic affordability pressures, rising insurance costs, and economic strain as key drivers.

Feb 2, 2026

Business

The 'Peanut Butter' Pay Revolution: Why Companies Are Spreading Raises Evenly in 2026

Nearly half of U.S. employers are shifting from merit-based raises to flat, across-the-board pay increases—a move that could provide crucial relief for lower-wage workers amid economic uncertainty.

Feb 2, 2026

Business

Energy Sector Outperforms: Two Dividend Powerhouses for Steady Income in 2026

As the energy sector leads the market in early 2026, ConocoPhillips and Kinder Morgan emerge as compelling picks for investors seeking reliable, growing dividends backed by strong fundamentals and strategic positioning.

Feb 2, 2026

Business

Winter Storm Fern Exposes Grid Fragility: A Million Outages Reignite Infrastructure Debate

The severe winter storm Fern, leaving nearly a million customers without power, has starkly highlighted the U.S. electrical grid's persistent vulnerabilities. This comes despite repeated warnings from reliability monitors about the system's growing strain.

Feb 2, 2026

Business

Lean Inventories Signal Shift: Ocean Freight Softens as Trucking Braces for Surge

A sharp post-holiday inventory drawdown is reshaping freight dynamics, with falling ocean container rates foreshadowing tighter truck capacity, higher rejection rates, and rising costs for shippers in the months ahead.

Feb 2, 2026

Business

Kellogg's New COO: Ferrero Veteran Takes Helm Amid Post-Acquisition Transformation

WK Kellogg Co. names former Ferrero executive Jean-Baptiste Santoul as Chief Operating Officer, signaling a strategic shift following its $3.1 billion acquisition by the global confectionery giant.

Feb 2, 2026

Business

Six Flags Stock Plunges: Is the Theme Park Giant a Bargain or a Value Trap?

Six Flags Entertainment's shares have tumbled nearly 60% over the past year, trading far below industry peers. A deep dive into its valuation metrics reveals a significant discount, but questions remain about its path to recovery in a shifting leisure landscape.

Feb 2, 2026

Business

EPAM Systems: AI Hype Fuels Stock Rebound, But Valuation Questions Loom

EPAM Systems' stock has surged over 30% in three months, riding a wave of AI optimism. Yet, this rebound contrasts sharply with longer-term declines, leaving investors to weigh if the current price fully reflects future growth or overlooks persistent risks in the IT services sector.

Feb 2, 2026

Business

Navigating the Headwinds: Three ASX Penny Stocks Defying February's Gloom

As the ASX braces for a turbulent February amid rate hike fears, a closer look reveals resilient micro-caps with unique value propositions. We analyze three sub-$150M companies—from healthcare tech to critical minerals—that are navigating the volatility with strong balance sheets and niche market positions.

Feb 2, 2026

Business

GM Powers Through EV Headwinds to Post Broad 2025 Sales Gains Across All Brands

General Motors defied a turbulent final quarter to report year-over-year sales growth for each of its four divisions in 2025, solidifying its truck leadership and gaining ground in the electric vehicle market despite significant policy shifts.

Feb 2, 2026

Business

Porsche's Electric Sports Car Ambitions in Jeopardy as New CEO Reviews 718 EV Program

Porsche's highly anticipated electric 718 Cayman and Boxster face potential cancellation under new leadership, with insiders citing cost overruns and development hurdles amid shifting market dynamics.

Feb 2, 2026

Business

SoFi Stock Dips Below $25: A Buying Opportunity or a Sign of Caution?

As SoFi Technologies' stock price retreats from recent highs, investors are weighing the fintech's strong growth against its premium valuation in a volatile market.

Feb 2, 2026

Business

Seeking Shelter in Dividends: Three ASX Stocks for a Turbulent February 2026

With interest rate uncertainty and global headwinds buffeting markets, income-focused investors are turning to dividend-paying stocks for potential stability. We examine three ASX-listed companies offering yields above 3%, assessing their resilience in the current climate.

Feb 2, 2026

US

Canadian Miners Kidnapped in Mexico's Sinaloa; Cartel Link Suspected

Ten employees of Vancouver-based Vizla Silver Corp. were abducted from a project site in Concordia, Sinaloa, on January 24, prompting a massive security operation and raising fears of cartel involvement in the region's mining sector.

Feb 2, 2026

Business

Starbucks Skips Super Bowl Game, Bets Big on Olympic-Themed 'Coffee Run' Ad

Starbucks returns to Super Bowl weekend with a cinematic pre-game spot celebrating its role as Team USA's coffee partner, blending Italian film aesthetics with Olympic grandeur to drive its brand turnaround narrative.

Feb 2, 2026

Business

The Great Tax Divide: These 10 States Will Levy the Highest Per-Capita Burdens in 2026

A new analysis reveals a stark and growing fiscal gap across the U.S., with residents in top-taxing states paying over 80% more than the national average. From New York's multi-angle levies to California's top-tier income rates, we break down what's driving the costs and who feels it most.

Feb 2, 2026

Business

American Dream's Novelty Oreo Café Shuts Down Amid Broader Mall Struggles

The flagship Oreo Café at the American Dream mall has closed permanently, ending a brief run that offered themed treats and merchandise. The closure adds to the challenges facing the massive retail and entertainment complex.

Feb 2, 2026