Business News: Global Companies, Markets & Economy

Large cruise ship at a port with Cuban flag in background, representing legal ruling on seized property

Cruise Giants Face $440M Liability After Supreme Court Rules on Seized Cuban Property

The U.S. Supreme Court has declined to hear an appeal from major cruise lines, effectively upholding a lower court ruling that could...

Exterior of a CVS pharmacy with a hospital building in the background under overcast sky

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Three Major Hospital Systems Accuse CVS of Secretly Siphoning Hundreds of Millions in Drug Savings

Three large hospital systems have filed a lawsuit accusing CVS Health of secretly diverting hundreds of millions of dollars in drug savings...

Stellantis electric vehicle prototype in a design studio with digital screens showing blueprints

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Stellantis outlines $70B turnaround plan with 60 new models by 2030

Stellantis, the multinational automotive giant formed through the merger of Fiat Chrysler Automobiles and PSA Group, has unveiled a sweeping $70 billion...

Empty hanging patio swing with caution tape in a backyard, illustrating a product safety recall.

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Costco Recalls Popular Patio Swings After Injuries Linked to Fall Hazard

Costco has issued a recall for several models of its popular patio swings following reports of injuries caused by the seats detaching...

Older adults enjoying a sunny afternoon in a city park with a skyline in the background

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5 Cities That Hit the Retirement Sweet Spot: Affordability, Healthcare, and Lifestyle

Choosing where to retire is one of the most consequential financial and lifestyle decisions many people will make. The ideal city balances...

Gen Z shoppers socializing at a bright, modern mall with interactive retail displays

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Gen Z shoppers are helping revive America’s malls by demanding in-person experiences

For years, the narrative surrounding American shopping malls has been one of decline. Anchor stores shuttered, foot traffic dwindled, and e-commerce seemed...

Exterior of the historic Coca-Cola bottling plant in Los Angeles during its closure announcement

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Coca-Cola Shuts Down Historic Los Angeles Plant After More Than a Century of Operations

Coca-Cola has permanently closed its Los Angeles bottling and distribution facility, a site that has operated for over 100 years. The decision,...

Empty chair at a Federal Reserve board meeting table in Washington D.C. signifying leadership transition.

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Stephen Miran Leaves Federal Reserve Board, Backs Kevin Warsh for Next Fed Chair

Stephen Miran, a former economic advisor to President Donald Trump, has officially stepped down from his position on the Federal Reserve Board...

Split image of Xi Jinping at a podium and a U.S. city skyline representing economic growth

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Kudlow: Xi’s Tough Talk Fails to Undermine Trump-Era Economic Momentum

In a recent commentary, former White House economic advisor Larry Kudlow argued that Chinese President Xi Jinping’s aggressive rhetoric and military posturing...

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Defense tech is flooded with money, but who’s built to last?