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Food Companies Scramble to Adapt as GLP-1 Drug Use Rises
Weight-loss medications like Ozempic are changing consumer habits, prompting food and retail businesses to rethink products and strategies.
Uber Settles for $40 Million After Driver Left Woman on Freeway
Uber will pay $40 million to the family of Emily Normandin-Parker, 23, killed after an Uber driver ordered her out of his car onto a California freeway.
Howard Buffett to Succeed Warren as Berkshire Hathaway Chairman
Howard Buffett, 71, will take over as chairman of Berkshire Hathaway, though he will not manage the company's daily operations.
Fed Ends Enforcement Action Against SNB Bancshares and Bank of Eufaula
The Federal Reserve Board has terminated a prior enforcement action against SNB Bancshares and its subsidiary Bank of Eufaula, signaling regulatory compliance.
Middle East Conflict Drives Bond Rate Surge, Pressuring Fed
Rising tensions tied to the Iran conflict are rattling global markets and pushing interest rates higher, forcing the Federal Reserve to respond.
Anthropic Eyes IPO While CEO Urges AI Safety Caution
The AI firm is on track for $100B in annualized revenue this year, even as its CEO warns about risks of rapid AI development.
SEC Chair Atkins Moves to Scrap Shareholder Proposal Process
The SEC is seeking to eliminate a rule widely used by activist investors. Chair Paul Atkins calls it a top regulatory priority.
Fed Takes Enforcement Action Against Three Former Bank Employees
The Federal Reserve Board issued enforcement actions targeting former employees of Northstar Bank, American Express Travel Related Services, and Regions Bank.