ExxonMobil is closing its Fife ethylene plant in Scotland, impacting the local community, as it simultaneously brings a flagship carbon capture and storage project online in Louisiana, signaling a strategic pivot in its global operations and climate strategy.
Caught between soaring housing costs and a reluctance to forgo lifestyle comforts, millennials are redefining the path to homeownership. A new study reveals a generation determined to buy, yet often unwilling—or unable—to make the traditional financial trade-offs.
Charter Communications' Spectrum is rolling out a trio of major initiatives—including guaranteed response times and a new hybrid Wi-Fi product—in a bid to stem the loss of hundreds of thousands of internet subscribers, as competition from fixed wireless and fiber intensifies.
Crypto.com has launched a prediction market platform that, for the first time, allows retail users to trade on margin—a high-risk feature common in finance but unprecedented in regulated event betting.
Siemens Energy announces a major $1 billion investment to scale up U.S. manufacturing of grid equipment and gas turbines, aiming to create over 1,500 skilled jobs as electricity demand from data centers and AI soars.
Mortgage insurer MGIC Investment reported flat Q4 revenue, missing Wall Street estimates, as a tough housing market offset stable credit performance. The company's profit met expectations, but rising costs and stagnant growth signal ongoing challenges.
Missouri Governor Mike Kehoe proposes eliminating the state income tax, a move hailed as pro-growth but which critics warn could shift a heavy compliance burden onto local businesses through an expanded sales tax on digital services.
The snack and beverage giant is rolling out significant price cuts across its U.S. portfolio, a strategic reversal after years of inflation-driven hikes, aiming to boost sales volume and competitiveness as consumer spending tightens.
While Research Frontiers (NASDAQ: REFR) continues to operate at a loss, its manageable cash burn and strong balance sheet position the smart glass technology developer to fund its growth strategy—but declining revenue raises questions.
At the FreightWaves F3 Festival, Echo Global Logistics' Christopher Clemmensen detailed how a shift to private ownership fuels long-term tech investment and a customer-driven strategy, helping shippers navigate trade shifts, labor shortages, and sustainability pressures.
Despite a recent 11% quarterly dip, shareholders of Decisive Dividend Corporation have enjoyed a remarkable 288% total return over the past five years, fueled by profitability and consistent dividends. The long-term performance underscores the company's resilience, even as short-term headwinds prompt a closer look at its growth trajectory.
Investment firm Friedenthal Financial has significantly increased its stake in the First Trust Low Duration Opportunities ETF (LMBS), a $5.7 billion fund focused on mortgage securities, signaling a potential portfolio pivot towards income and capital preservation as interest rate expectations evolve.
As Brazil's harvest progresses, the U.S. soybean market faces a pivotal month with weak exports, bearish indicators, and the looming threat of a larger domestic crop adding pressure to prices.
A deep dive by Jefferies analyst Brent Thill argues Amazon's stock is trading at a historic discount, presenting a compelling buy opportunity ahead of earnings, driven by AWS reacceleration, robust retail execution, and surging AI engagement.
A U.S. Navy fighter jet shot down an Iranian drone that approached the USS Abraham Lincoln in international waters, as separate Iranian forces harassed a merchant vessel, escalating regional tensions.
Internal documents reveal Paramount+ is planning a major strategic shift, dubbed 'Project Eagle,' to aggressively compete with TikTok and YouTube by prioritizing short-form and user-generated content. The move echoes controversial changes at Instagram and Disney+, raising questions about subscriber backlash and platform identity in an increasingly homogenized streaming landscape.
Catalyst Brands, the licensee for Eddie Bauer's North American stores, is preparing a Chapter 11 filing, potentially putting hundreds of physical locations at risk while the brand's online and wholesale operations continue under new management.
Darden Restaurants announces the closure of its Caribbean-themed chain Bahama Breeze, with remaining locations to be converted or shut down, marking the end of a 30-year run in the casual dining sector.
Saks Global announces a dramatic reduction of its off-price chain, shuttering 57 Saks OFF Fifth locations as part of a broader restructuring under Chapter 11 bankruptcy protection.
In one of his last interviews, the late Berkshire Hathaway vice-chairman distilled a lifetime of investing wisdom: getting rich only has to happen once, but the initial climb is the most arduous. We explore the strategies to master that crucial first step.
