Business

In a significant reaffirmation of Stellantis’ commitment to its U.S. operations, Chairman John Elkann recently outlined ambitious plans aimed at strengthening the automaker’s manufacturing footprint during a meeting in Washington, D.C., with President Donald Trump. This meeting, which took place prior to Trump’s inauguration, set the stage for a series of investments that could reshape
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In an assertive move, the Federal Trade Commission (FTC) has initiated a lawsuit against PepsiCo, claiming the beverage giant engaged in price discrimination that undermines fair competition in the retail marketplace. The FTC alleges that PepsiCo provided preferential pricing and promotional benefits to a specific retailer, identified through sources as Walmart. These practices allegedly violate
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In the ever-evolving landscape of American banking, few institutions stand as tall as JPMorgan Chase. Recently, the institution’s executives articulated a concerning yet enviable challenge that has emerged from its financial success: the management of excess capital. Holding roughly $35 billion beyond regulatory requirements has compelled the bank to consider increasing share buybacks, which presents
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The holiday shopping season, a critical period for many retailers, has once again showcased a mix of optimism and concern as companies parse through their preliminary results. While some well-known brands reported performance that exceeded expectations, the accompanying stock market reactions suggest an undercurrent of skepticism from investors. This article delves into the complex dynamics
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In a significant policy shift, Medicare drug plans have begun to include Eli Lilly’s groundbreaking obesity treatment, Zepbound, for patients with obstructive sleep apnea (OSA). This development, confirmed by CNBC, offers promising news for individuals suffering from obesity and sleep-related breathing disorders, allowing greater access to a medication that has recently gained attention for its
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