JPMorgan Chase (JPM) said on Tuesday it plans to lend $80 billion to US small businesses over the next decade and add 1,000 bankers as part of a wider multiyear push to go after more Main Street customers. JPMorgan CEO Jamie Dimon said the wider plan is part aimed at “reigniting the American Dream” by…
A spicy deal in the world of Big Food. McCormick & Company (MKC) and Unilever (UL) announced on Tuesday that they have entered into an agreement to combine McCormick with Unilever’s foods business, excluding those in India. The deal values the combined company at about $65.8 billion. McCormick shares rose 3% in premarket trading. Unilever…
Whoop (WHOO.PVT) doesn’t appear to be running toward an IPO, but it got another healthy injection of capital. The wearable device company — which dubs itself a “human performance company” — said Tuesday it raised $575 million in Series G funding at a $10.1 billion valuation. Rival Oura Health, the maker of the Oura Ring,…
Tesla (TSLA) will release first quarter deliveries on Thursday, with another slip in sales expected in a challenging EV landscape. Tesla is expected to deliver 364,645 vehicles globally in Q1, per Bloomberg consensus, up nearly 9% year over year, though the company’s total from last year was down due to the changeover to the new…
Delta Airlines CEO Ed Bastian blames Congress for chaos at airports nationwide as lawmakers fail to reach a deal on DHS funding on ‘The Claman Countdown.’ Delta Airlines CEO Ed Bastian ripped Congress for creating a “mess” as lawmakers continue to stall on funding the Department of Homeland Security. In an exclusive sit-down with “The…
Rendering by Steelblue [enlarge] Looking northwest, Main is in the foreground, with the light-rail station at lower left. Other developers, having paid big bucks for office development sites, have shifted their plans to multifamily. Not Tishman Speyer. . . . Source link
BUTLER, MO. — Hertzog Meat Co. is expanding in Butler, Mo., with the opening of Hertzog South, a new retail and further processing plant. The project is expected to create 22 jobs in the region. The south facility will feature expanded protein processing capabilities, a new retail meat market and additional value-added production for sliced,…
CALIFORNIA — This week in California business news: State officials are warning that some drivers have paid $8 a gallon for gas amid the war in Iran — and that might be illegal. Additionally, a major chain of used car dealerships has settled allegations that it dragged its feet on important DMV paperwork. Additionally, a…
President Trump may have some competition on the social-media front. Loading audio narration… Trump has become known for posts that can move the market depending on whether he deescalates the Iran-war situation, or adds to existing tensions. The market is always watching his account for cues. But recently, Mohammad Bagher Ghalibaf, the speaker of Iran’s…
Check out what’s clicking on FoxBusiness.com. Nearly 150 cases of an Einstein Bros. Bagels’ cream cheese flavor have been recalled over the potential presence of undeclared almonds that could pose a life-threatening allergic reaction risk for people with almond allergies. Wisconsin-based Schreiber Foods issued a voluntary recall last week of cases of Einstein’s Honey Almond…
