A scheduled increase in the taxable wage base for Social Security will impact earnings up to $184,500 next year, altering tax liabilities for higher earners and potentially widening the retirement savings gap for millions.
Canadian National CEO Tracy Robinson has delivered a stark assessment of the proposed Union Pacific-Norfolk Southern merger, stating the railroads have "a long way to go" to satisfy regulatory concerns. In CN's earnings call, she criticized the application for failing to address competitive harms and warned of impacts on shippers, setting the stage for a contentious review process.
Doctors Without Borders (MSF) has definitively rejected an Israeli order to hand over sensitive staff information, following months of failed negotiations. The move comes amid a wider crackdown on aid groups and a devastating toll on healthcare workers in the conflict.
Enphase Energy unveils a strategic restructuring involving workforce reductions and a new home battery partnership, as the solar technology firm navigates a challenging market and mixed investor returns.
The medical aid group Médecins Sans Frontières (MSF) has refused to comply with an Israeli order to hand over detailed staff lists as a condition for continuing its work in Gaza and the West Bank, warning the demand jeopardizes the safety of its personnel and could cripple humanitarian operations.
Maersk Air Cargo is ending its trans-Pacific Boeing 767 operations and partnership with Amerijet International, opting for larger Boeing 777 freighters. The move will result in pilot furloughs at Amerijet and signals a strategic pivot towards more efficient long-haul air cargo networks.
PennyMac Mortgage Investment Trust (PMT) closed 2025 with robust earnings, driven by a dramatic expansion in its private-label securitization business. While this growth fueled returns, the company's correspondent lending segment faced pressure, and faster mortgage prepayments impacted servicing rights income.
Oshkosh Corporation reported full-year revenue of $10.4 billion and adjusted EPS of $10.79 for 2025. While projecting sales growth to approximately $11 billion in 2026, the company cautioned about near-term softness in its industrial access equipment segment and a significant $200 million tariff impact.
The iconic Berkeley-born coffee chain Peet's is closing dozens of locations across California, including in Southern California and the Bay Area, as part of a strategic realignment following its acquisition by Keurig Dr Pepper. The move, affecting hundreds of employees, has drawn sharp criticism from workers and union representatives.
Shares of Viavi Solutions soared over 17% after the network test and measurement company posted fiscal Q2 results that smashed analyst expectations, fueled by robust demand from data center and aerospace clients.
In a recent interview, Robinhood CEO Vlad Tenev argues that artificial intelligence will likely reshape the workforce by creating new, unforeseen categories of employment, drawing parallels to past technological revolutions. However, he acknowledges the unprecedented speed of AI-driven change is a cause for concern.
Analysts at Piper Sandler and Citi have lifted price targets for Boot Barn Holdings, citing robust earnings growth, margin expansion drivers, and the mainstreaming of the western and workwear lifestyle segment.
Fresh off its spin-off from Honeywell, Solstice Advanced Materials (NasdaqGS: SOLS) is capitalizing on renewed interest in nuclear energy and surging power demand from data centers. As the sole U.S. provider of uranium hexafluoride conversion—a critical step in fuel production—the company's strategic reopening of its Metropolis Works facility positions it at the heart of America's energy security and infrastructure plans.
The Federal Reserve will maintain current capital buffer rules for banks through 2026, delaying a key update to its stress testing framework by a year to incorporate public feedback, while outlining severe recession scenarios for next year's assessments.
As the Super Bowl arrives in California, a state with strict anti-sports betting laws, new 'prediction market' platforms are offering a controversial workaround, sparking a fierce debate over regulation, consumer protection, and the very definition of a wager.
In a strategic escalation against Mexican drug cartels, the U.S. Department of Justice is focusing on dismantling their financial networks. Prosecutors reveal a shift towards cryptocurrency by money launderers, as recent extraditions expose sophisticated methods used to funnel profits from American streets to cartel leaders.
A North Carolina man faces multiple felony charges after police say he twice broke into his former workplace, a Little Caesars restaurant, to cook and sell pizzas, keeping the profits.
In coordinated maritime operations spanning the Pacific and Caribbean, French forces intercepted two vessels carrying a combined 4.9 tons of cocaine, highlighting the expanding reach of transnational drug networks into vulnerable island territories.
A California jury has ordered food distribution giant Sysco to pay $52 million to a group of truck drivers and warehouse workers, finding the company illegally retaliated against employees who reported systemic safety and labor violations.
The business process management firm launches a strategic Global Capability Centre in Hyderabad, aiming to double its workforce within a year and leverage the region's financial talent pool for global clients.
