Business

Kraft Heinz explores grocery business spinoff worth up to $20 billion, source says  ReutersView Full Coverage on Google News Source link

U.S. posts surprise $27 billion budget surplus in June, boosted by tariffs  Investing.com Treasury posts unexpected surplus in June as tariff receipts surge  CNBC US customs duties top $100 billion for first time in a fiscal year  Reuters US budget deficit widens but customs receipts surge on tariffs  Free Malaysia Today Customs duties top $100B for first time in a fiscal year  Honolulu Star-Advertiser Source …

NEW YORK (AP) — Walmart is recalling about 850,000 stainless steel water bottles because the lid can “forcefully eject” and unexpectedly strike consumers — resulting in permanent vision loss for two people to date. The recall covers Walmart’s “Ozark Trail 64 oz Stainless Steel Insulated Water Bottles,” which have been sold at the chain’s stores across the country since 2017. …

BATON ROUGE — A water bottle sold by Walmart has been recalled after multiple customers “suffered permanent vision loss after being struck in the eye” by the bottle’s lid. The Consumer Product Safety Commission said that the Ozark Trail 64-ounce stainless steel insulated water bottles sold by Walmart since 2017 have been the subject of several reports where people were …

The latest version of Elon Musk’s artificial intelligence chatbot Grok is echoing the views of its billionaire creator, so much so that it will sometimes search online for Musk’s stance on an issue before offering up an opinion. The unusual behavior of Grok 4, the AI model that Musk’s company xAI released late Wednesday, has surprised some experts. Built using …

Jim Cramer shares sliding stocks to buy at a bargain  TheStreet Jim Cramer names 4 ‘high-quality’ stocks that can currently be bought at a discount  CNBC Jim Cramer shares Costco, McDonald’s, Home Depot, Starbucks news  Yahoo Costco Wholesale Corporation (COST) Doesn’t Get The Attention It Deserves, Says Jim Cramer  Insider Monkey Jim Cramer has a message for investors who don’t own Costco after solid …

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Walgreens Shareholders Approve $10 Billion Sycamore Partners Deal  The Wall Street Journal Walgreens shareholders approve $10 billion private equity buyout  Yahoo Finance Walgreens Boots Alliance Shareholders Overwhelmingly Approve Transaction with Sycamore Partners  Walgreens Boots Alliance Walgreens shareholders approve buyout to Sycamore Partners  Modern Healthcare Walgreens Merger with Sycamore: A Turnaround Play with Upside Potential  AInvest Source link

Unilever has appointed a new CEO to lead Ben & Jerry’s as its battle over the ice cream brand’s lefty politics heats up, according to a report Friday. Jochanan Senf, a Dutch Unilever executive who previously managed Ben & Jerry’s Europe business, will start in the new role this month after the British parent company abruptly axed former CEO David …

A senior Trump administration official said Friday that Fed Chair Jerome Powell is “considering resigning” as pressure grows for an investigation into whether he lied to Congress about the central bank’s “Palace of Versailles” renovations to its headquarters in Washington, DC. Bill Pulte, the chair of US government-backed mortgage lenders Fannie Mae and Freddie Mac, posted on X that he …