Goldman Sachs profits jump as CEO eyes more merger activity
Goldman Sachs reported a jump in second-quarter profits on Wednesday behind significant increases in financial advisory revenues that chief executive David Solomon said could presage an…
Swedan Margen
I focus on highlighting the latest in business and entrepreneurship. I enjoy bringing fresh perspectives to the table and sharing stories that inspire growth and innovation.
US firms passing some cost hikes to consumers: Fed survey
Many US firms passed along “at least a portion of cost increases” to consumers in recent weeks, as businesses faced higher prices linked to President Donald Trump’s tariffs, the Federal…
Trump says Coca-Cola to switch to cane sugar in US
Beverage giant Coca-Cola has agreed to use real cane sugar in its US production, President Donald Trump announced on Wednesday on social media. The company currently uses high-fructose…
Three-quarters of US teens use AI companions despite risks: study
Nearly three in four American teenagers have used AI companions, with more than half qualifying as regular users despite growing safety concerns about these virtual relationships,…
Schiff mortgage fraud probe could end in stiff fines, penalties for senator
The type of mortgage fraud case in which Sen. Adam Schiff is now entangled is usually clear-cut and hard to wiggle out of, said financial crimes experts, adding that the senator could…
Europe: Chip stocks drag shares lower after ASML’s warning
EUROPEAN shares fell on Wednesday, with chip stocks hit hard after ASML flagged a hit to its revenue growth, while reports of US President Donald Trump considering firing Federal Reserve…
US: Stocks end higher, shrugging off Powell firing fears
Wall Street stocks finished higher on Wednesday, shrugging off a mid-session swoon after US President Donald Trump denied plans to fire Federal Reserve Chair Jerome Powell. Major indices…
Senate GOP finds bright spot in pared-back DOGE cuts: 'Spending is easy up here. Cutting is hard'
Senate Republicans were on track late Wednesday to pass a slimmed-down $9 billion package of spending cuts to foreign aid and public broadcasting that will codify a small portion of the…
Trump says U.S. Coke will go back to cane sugar
President Trump said Wednesday that Coca-Cola has agreed to use real cane sugar in its U.S. beverages, which currently are made with high fructose corn syrup. Source link
Flood of lawsuits threatens supply of baby formula for premature babies
More than a thousand lawsuits stemming from sickness following the use of specialized formula for premature babies could lead to manufacturers dropping production, medical experts and…
Trump cracks down on fentanyl substances with bill signing
President Trump signed a bill Wednesday that permanently places illicit fentanyl and its chemical cousins on the most restrictive list of drugs in the U.S. Source link
Vance touts tax breaks in Pennsylvania as he makes White House's first big pitch on Trump's new law
Vice President J.D. Vance on Wednesday made the Trump administration's first big pitch to sell the public on President Trump's sweeping budget-and-policy package in the swing political…
Three police chiefs charged with selling fake crime reports to help 'hundreds' of illegal immigrants
Federal authorities arrested three Louisiana police chiefs accused of taking part in a scam to help hundreds of illegal immigrants gain legal status by selling them bogus documents that…
Bahrain to invest $17 billion in U.S. following meeting at White House
President Trump and Crown Prince Salman bin Hamad Al Khalifa of Bahrain announced Wednesday $17 billion worth of investments in the U.S. by the Middle East ally during a White House…
Trump says 'foolish Republicans' help Democrats by obsessing over Epstein
President Trump lambasted "foolish Republicans" on Wednesday for being duped by Democrats into focusing on deceased sex offender Jeffrey Epstein and diverting attention from his…
Trump says Biden autopen is bigger scandal than Epstein files
President Trump said people should be focusing on former President Biden's use of the autopen, rather than the secret files of Jeffrey Epstein. Source link
Trump says he doesn't plan to fire Fed Chairman Powell, despite buzz
President Trump on Wednesday said he has no plans to fire Federal Reserve Chairman Jerome Powell as rumors swirl about a move against the central bank boss. Source link
mm2 Asia seeks to delay S$54 million bond repayment by six years
Embattled entertainment group mm2 Asia has proposed to amend a S$54 million-bond deal that was set for redemption in December. In a non-binding memorandum of understanding with its…
Canada mulling limits on lumber exports to help U.S. trade talks
A top Canadian official says the country is considering cutting back on sending lumber to the U.S. to win over President Trump during trade negotiations. Source link
The Epstein Uproar
AG Pam Bondi shouldn’t have hyped the release of materials in the past, but despite the natural questions about his hideous crimes, the wild theories aren’t justified. Source link
Biden aide Bernal is second witness to plead the Fifth in probe of ex-president's mental decline
Anthony Bernal, who was an aide to former President Biden and first lady Jill Biden, refused to answer questions Wednesday from House lawmakers investigating the alleged cover-up of Mr.…
Trump calls Epstein files a 'hoax,' slams supporters as 'weaklings' for demanding more info
President Trump on Wednesday berated his backers for demanding more documents related to deceased sex offender Jeffrey Epstein, calling allegations of a client list a "hoax" made up by his…
These California metro areas are among the most AI-ready in the nation
Despite suggestions it has been losing its edge, California is way ahead of others when it comes to the hottest technology right now: artificial intelligence. The regions around San…
HRnetGroup appoints 10 new business leader co-owners
HRnetGroup has appointed 10 new business leader co-owners, following the retirement and departure of certain leaders, to bring its total number of co-owners to 45. This is part of the…