Business

Fed building renovation gives Trump new opening to attack Powell  The Washington Post Trump’s increasingly aggressive attacks on Powell aren’t what you think  CNN Fed Defends Renovations as White House Widens Attacks on Central Bank  The New York Times Statement from Chairman of the Board of Fannie Mae and Freddie Mac William J. Pulte on Reports that Jerome Powell Is Considering Resigning  FHFA (.gov) …

Breakfast cereal could use a lucky charm. U.S. sales of the colorfully packaged morning staple have been in a decades-long decline, a trend back in the spotlight with news that Italian confectioner Ferrero Group plans to purchase WK Kellogg, maker of Corn Flakes, Froot Loops, Rice Krispies and other familiar brands. Except for a brief period during the coronavirus pandemic, …

US customs duties top $100 billion for first time in a fiscal year  Reuters Treasury posts unexpected surplus in June as tariff receipts surge  CNBC US Tariffs Revenue Climbs to Fresh Record for Single Fiscal Year  Bloomberg.com Trump ends whirlwind week with billions in new tariff revenue and a more complicated trade war  Yahoo Finance U.S. posts surprise $27 billion budget surplus in June, …

Why Texans are calling H-E-B the ‘FEMA of Texas’ after devastating floods  KXAN Austin The Butt Family, H-E-B, and the H.E. Butt Foundation announce $5 million donation for Texas flood recovery efforts  H-E-B Newsroom From H-E-B to Kerbey Lane, here are the Austin-area businesses donating to flood relief  KUT Ford and its employees to offer aid in Texas flood recovery  Detroit Free Press Whataburger …

Google Hires Top A.I. Leaders From Windsurf, Which OpenAI Was Courting  The New York Times Google hires Windsurf CEO Varun Mohan, others in $2.4 billion AI talent deal  CNBC OpenAI’s $3 Billion Deal to Buy AI Startup Windsurf Falls Apart  Bloomberg OpenAI’s $3 billion deal with AI coding startup Windsurf collapses, as Google swoops in for licensing deal  Fortune OpenAI’s Windsurf deal is off …

Walmart Recalls Water Bottles After Lids ‘Forcefully Ejected’ and Impaired Vision  The New York Times Walmart recalls 850K water bottles after 2 people suffer permanent vision loss from ‘forcefully ejected’ lids  Fox Business Pa. Department of Health alerting parents to kids’ bicycles with high lead levels  Yahoo Walmart recalls 850,000 water bottles after two consumers suffer vision loss from ejecting lids  CNBC Walmart voluntarily …

Prime Day ends in just a few hours… seriously. If you’re a Prime member and have been waiting to hit checkout on tech, beauty or home essentials deals (or really any deals), it’s officially crunch time. Fresh discounts, including the retailer’s signature Lightning Deals, are set to expire by tonight, if not sooner. A word of wisdom from someone who’s …

Kraft Heinz Is Preparing to Break Itself Up  Bloomberg Kraft Heinz eyes breakup  Axios Kraft Heinz explores grocery business spinoff worth up to $20 billion, source says  Yahoo Finance Kraft Heinz Stock Rises After Report of a Possible Break-Up  Investopedia Roundup: Kraft Heinz breakup / Quality Jobs program / Customs collections  Baton Rouge Business Report Source link

OpenAI’s deal to acquire the viral AI coding startup Windsurf for $3 billion fell apart on Friday, according to The Verge. In a shocking twist, Google DeepMind is now hiring Windsurf CEO Varun Mohan, co-founder Douglas Chen, and some of the startup’s top researchers. A Google spokesperson confirmed the hiring of Windsurf’s leaders in a statement to TechCrunch. Notably, Google …

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