Business

Billionaire In-N-Out Heiress Lynsi Snyder Reveals She’s Quitting California for Tennessee: ‘It’s Not Easy Here’  Realtor.com ‘Raising a family is not easy here’: In-N-Out CEO says she is leaving California  The Guardian In-N-Out billionaire Lynsi Snyder says her family will leave California along with the company’s headquarters: ‘Doing business is not easy here’  Yahoo Finance In-N-Out CEO makes major announcement, talks expansion plans  ktla.com …

Bessent calls for deeper US bank regulatory reforms, scrapping dual capital requirements  Reuters Wall Street to trump Main Street with new bank rules  Financial Times The new proposal to adjust GSIB leverage ratios is progress — but it may not go far enough. In his latest BankThink, Allen Puwalski, CFA – Managing Partner & CIO at Cybiont Capital, LLC explains why excluding …

Thomas Fuller | SOPA Images | Lightrocket | Getty Images Sarepta Therapeutics said on Monday that it will pause all shipments of its Elevidys gene therapy in the United States after a muscular dystrophy patient who received a different, experimental treatment died. U.S. regulators on Friday asked Sarepta Therapeutics to voluntarily halt shipments of its gene therapy. However, the company …

In this undated image provided by the CPSC, a child uses the compression strap to stand on above-ground pool. (CPSC via AP) CPSC/AP hide caption toggle caption CPSC/AP NEW YORK — More than 5.2 million aboveground swimming pools sold across the U.S. and Canada over the last two decades are being recalled after nine drowning deaths were reported. The recall …

Andrew Joseph covers health, medicine, and the biopharma industry in Europe. You can reach Andrew on Signal at drewqjoseph.45. The Food and Drug Administration on Monday named George Tidmarsh, a longtime biotech executive who has a background in oncology and pediatrics, as its top drug regulator. Tidmarsh, who will be the director for the FDA’s Center for Drug Evaluation and …

Beef prices in the US hit record highs  Morning Brew Beef prices are the new egg prices. They’re soaring  CNN Beef costs climb to historic levels and 2026 doesn’t look any better  Axios Beef prices soaring: Here’s why and how to save money  KUSA.com Ground Beef Prices Reach Record Highs as Warning Issued  Newsweek Source link

Stellantis, the maker of Jeep and Ram vehicles, says its preliminary estimates show a 2.3 billion euros ($2.68 billion) net loss in the first half of the year due to U.S. tariffs and some hefty charges. The automaker anticipates an impact of about 300 million euros for net tariffs incurred, and also expects planned production losses related to implementing its …

In-N-Out Burger may have gotten its start in California but its owner has decided it’s time for a move. In an appearance on the “Relatable” podcast released Friday, Lynsi Snyder said she is shifting the burger chain’s headquarters to the suburbs outside Nashville, Tennessee. “We’re building an office in Franklin,” she said. “I’m actually moving out there.” This move isn’t …

New GMC trucks are displayed on the sales lot at Hanlees Hilltop GMC in Richmond, California, on July 2, 2024. Justin Sullivan | Getty Images General Motors is set to report second-quarter earnings before the bell Tuesday, as investors watch for how President Donald Trump‘s auto tariffs will affect the automaker’s results and for any updates to full-year guidance. While …

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