Thursday, May 2nd, 2024

Adidas Ends Partnership with Kanye West

The German sportswear giant is the latest company to cut ties with the rapper and designer after his recent antisemitic outbursts and other provocations. Adidas said on Tuesday that it is cutting ties with...

As US scrutinizes drug price inflation, CT considers step toward price controls

With pharmaceutical companies entering their first month of federal drug pricing reform under the Inflation Reduction Act, a Connecticut board meets Tuesday to weigh any initial impact of the law in Connecticut and other...

Aldi promises to continue to offer lowest prices despite big drop in profits

Giles Hurley, the chief executive of the supermarket chain, has made the commitment despite the company’s pre-tax profits for 2021 falling more than 86% from the previous year. Aldi has pledged to continue to...

It’s not just money. Unions are fighting for better schedules, safety and work conditions

There has been a surge in union activism — including strikes and organizing efforts — in the last year that is being driven by factors far beyond pay rates and benefits packages. If pay...

Score $1,000 in credits with our best travel card, the Chase Sapphire Preferred

We think the Chase Sapphire Preferred is the best travel credit card you can get today. And today might be a great day to get it, because time is running out on an excellent...

How long will inflation last? The answer lies in the past

The Federal Reserve’s favorite inflation-related adjective used to be transitory, as in: Inflation is transitory and price increases should be temporary.

‘The Batman’ soars to a big box office opening

Theaters needed a hero, and they got one in a big way this weekend.

Heinz made up its famous number 57. It’s stuck around for more than a century

Heinz has been linked to the number 57 for more than a century. The company’s “57 varieties” slogan was a key part of its early strategy to attract consumers. It’s still featured on Heinz...

Global M&A dealmaking smashes all-time record to top $5 trillion

Global merger and acquisition (M&A) activity shattered all-time records in 2021, comfortably erasing the high-water mark that was set nearly 15 years ago, as an abundance of capital and sky-high valuations fueled frenetic levels...