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Investing

Starbucks poaches Nordstrom CFO as executive shake-up continues

March 5, 2025
Starbucks announced Tuesday that Nordstrom CFO Cathy Smith will join the company as its new chief financial officer, replacing longtime veteran Rachel Ruggeri. The executive…
Investing

How a $5 million fix turned Paramount Pictures’ ‘Sonic’ into a billion-dollar franchise

March 5, 2025
Sonic the Hedgehog may be able to run faster than the speed of light, but his film franchise nearly came to a…
Investing

DOGE plans to wind down consumer protection agency and fire nearly all staff, employees say

March 4, 2025
The Consumer Financial Protection Bureau’s Trump-appointed leadership plans to fire nearly all its 1,700 employees while “winding down” the agency, according to testimony…
Investing

In wake of L.A. wildfires, a diverse small business community looks to rebuild

March 4, 2025
When the Los Angeles wildfires swept through Southern California in January, Barbara Shay lost much more than the building housing the cafe…
Investing

Treasury ends enforcement of business ownership database meant to stop shell company formation

March 4, 2025
The U.S. Treasury Department announced it will not enforce a Biden-era small business rule intended to curb money laundering and shell company formation. In a Sunday…
Investing

Kroger chairman and CEO resigns following investigation into personal conduct

March 4, 2025
Kroger Chairman and CEO Rodney McMullen has resigned after an internal investigation into his personal conduct. Kroger, the nation’s largest grocery chain,…
Investing

Treasury Dept. will not enforce ownership information reporting for millions of businesses

March 4, 2025
The U.S. Department of the Treasury on Sunday announced it won’t enforce the penalties or fines associated with the Biden-era “beneficial ownership information,” or…
Investing

Musk says he’s sending Starlink tech to FAA while asserting, without evidence, that air safety is at risk

March 3, 2025
Elon Musk said Thursday that he’s sending his Starlink satellite internet terminals to the Federal Aviation Administration while saying, without providing evidence, that…
Investing

Soaring egg prices are threatening a classic holiday tradition: Easter dye kits

March 2, 2025
The egg aisle is anything but cheaper by the dozen these days — and that’s becoming a big problem ahead of the…
Investing

Nvidia CEO Huang says AI has to do ‘100 times more’ computation now than when ChatGPT was released

March 1, 2025
Nvidia CEO Jensen Huang said next-generation AI will need 100 times more compute than older models as a result of new reasoning approaches…
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