Business

A new coffee giant could be brewing. The American beverage firm Keurig Dr. Pepper plans to buy JDE Peet’s, the European parent company of California’s gourmet coffee trailblazer, Peet’s Coffee, in an all-cash transaction worth about $18 billion. Keurig Dr. Pepper will be split into two independent companies, one of which will focus on coffee, according to a Monday release. …

After U.S. Takes Stake in Intel, Trump Pledges ‘Many More’ Deals  The New York Times Government will take stakes in more companies, top Trump adviser says  Axios White House’s Hassett says US could take stakes in other chip companies  Reuters The U.S. Has Created a Stealth Sovereign Wealth Fund. What Comes Next After Intel.  Barron’s Intel says Trump deal has risks for shareholders, international …

Dow Loses About 350 Points After Record-Breaking Run  The Wall Street Journal Stock market today: Dow slides from record, S&P 500, Nasdaq fall with Nvidia earnings looming  Yahoo Finance Stocks mostly slip after Friday gains; US dollar edges higher  Reuters Stock futures continue pullback from records as Trump escalates attack on Fed independence: Live updates  CNBC Stocks slip on Wall Street after last week’s …

Trump moves to fire Federal Reserve governor Lisa Cook  The Washington Post Trump says he has fired Fed governor Lisa Cook. She says she will ‘continue to carry out’ duties  CNN ‘Unprecedented’: Donald Trump moves on the Federal Reserve  Financial Times Trump says he is firing Fed’s Cook over mortgage loan allegations  Reuters Trump tells Fed’s Lisa Cook she’s fired; she says ‘he has …

Wednesday night’s Powerball jackpot will be an estimated $815 million, the seventh biggest in the game’s history, after no winning tickets were sold for Monday night’s $750 million grand prize, Powerball’s 10th largest ever when it was up for grabs. The winning numbers drawn Monday night were 16, 19, 34, 37 and 64, with a Powerball of 22. Wednesday’s jackpot …

By ALICE WRIGHT, US CONSUMER REPORTER Published: 23:18, 25 August 2025 | Updated: 23:18, 25 August 2025 One lucky Powerball player could win a $750 million jackpot in tonight’s draw — but the actual payout could be just a fraction of that headline figure. Tonight’s prize is the 10th largest in Powerball history, rolled over after no ticket matched all …

Cracker Barrel is sticking with its new logo but apologizing to fans who were angered when the change was announced last week. “If the last few days have shown us anything, it’s how deeply people care about Cracker Barrel. We’re truly grateful for your heartfelt voices,” the company said Monday in a statement on its website. “You’ve also shown us …

Asia stocks dip as US rate cut cheer eases; tech on edge before Nvidia  Investing.comView Full Coverage on Google News Source link

President Donald Trump has said he will immediately remove Federal Reserve official Lisa Cook from her position, a major escalation in his battle against the US central bank. In an announcement made on his social media platform Truth Social, Trump posted a letter addressed to Cook in which he informed her of his decision to remove her from the bank’s …

Elon Musk’s xAI sues Apple and OpenAI in expanding fight over competition  The Washington Post Elon Musk accuses Apple and OpenAI of stifling AI competition in antitrust lawsuit  AP News Inside Elon Musk’s suit against Apple and OpenAI: ‘This is a tale of two monopolists’  Yahoo Finance Musk’s xAI sues Apple, OpenAI alleging anticompetitive scheme harmed X, Grok  CNBC Elon Musk’s xAI sues Apple, …