Business

When activist investors take a major stake in a firm, things are bound to get rocky. We have five companies facing activist investors.

Disney, Twitter among top companies fighting activist investors

While liberals and conservatives are paying the same at the grocery store, politics are affecting perception of the food inflation rate.

Food inflation is surging. But politics may influence your view of how much.

Amazon and Apple have joined the growing number of streaming services to pass on the media rights to stream LIV Golf tournaments.

LIV Golf struggles to find streaming service as Apple, Amazon pass

Business and government officials are bracing for a potential workers strike that would shut down the nations railways as early as Friday.

Business, government officials bracing for railroad workers strike

Credit card companies will now use a new code to identify gun store purchases. But it's unclear what happens next.

Visa, Mastercard, Amex will track gun purchases. But who decides what’s suspicious?

The stock market has seen some wild swings in 2022, but investors are still waiting for that final capitulation moment as a sign the bear market is over.

Is capitulation coming? Investors look for final bear market selloff

The Bureau of Labor Statistics said the annual inflation rate cooled for the second straight month, reaching 8.3% in August after peaking at 9.1% in June.

August inflation rate slides to 8.3%, falling for second straight month

The whistleblower who said Twitter is trying to hide its serious security flaws from its own board and regulators is set to testify before the Senate.

Twitter whistleblower set to testify on Capitol Hill Tuesday

A railroad strike could cost $2 billion each day and send food prices soaring

American Express, Mastercard, and most recently Visa have said they will implement a new code to track and categorize gun and ammunition purchases.

Credit card companies to start tracking gun, ammunition purchases

Concerns about the economy are forcing some companies to move ahead with job cuts. About 50% of surveyed execs say layoffs are on the way.

Five sectors facing layoffs amid economic uncertainty and high inflation

The battle to bring down inflation may be more painful than the Fed has let on, economists warned Thursday.

Unemployment may need to be higher than Fed predicts to fight inflation

Amazon removes seatbelt blocker device following recent high-profile death

Recession in Germany is inevitable amid Russia's war in Ukraine and the energy shortage that has followed, Deutsche Bank's CEO warned.

Germany recession is unavoidable amid energy crisis: Deutsche Bank CEO

Report: Tax skirting financial maneuver saves sports owners millions

CVS scored big with Signify Health, beating out challengers like Amazon in a bidding war and race to redefine healthcare.

CVS beats out Amazon in $8 billion Signify Health acquisition

Tuition and state aid aren't the only ways colleges are funded--we have some surprising ways universities are making money in Five for Friday.

Move over tuition: 5 surprising ways universities make money

11.2 million job openings amid a hiring slowdown

The California legislature passed a bill this week that would allow a state council to set wages and worker conditions across the fast food industry.

Fast food workers could make $22 per hour if California bill signed into law

Elon Musk has cited a recent whistleblower's claims as further reason the Twitter acquisition is invalid in a new court filing.

Elon Musk uses Twitter whistleblower in legal battle over buyout

The worldwide chip shortage has had a dramatic effect on autos, leading to cancellations of more than three million vehicles from production schedules.

Chip shortage update: J.P. Morgan predicts semiconductor industry rebound

The Honda-LG union comes on the heels of President Biden's push to bring more EV battery manufacturing to the United States.

Honda, LG join for $4.4B EV battery plant in US in move away from China

The number of event contracts has mushroomed since Covid, the regulator says as it seeks to separate gambling from investing.

Detroit weekend shootings, US dollar value, nuclear watchdog in Ukraine

Powell warns of ‘pain to households and businesses’ in bringing down inflation