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St. Louis Fed President James Bullard Steps Down

July 13, 2023 / no comments

The longest serving current Fed president will become dean of the business school at Purdue University.

Republican Attorneys General Warn Top U.S. Businesses Over ‘Discrimination’

July 13, 2023 / no comments

Citing the affirmative action ruling, top state law officials put Fortune 100 companies on notice for racial quotas, preferences

Celsius Ex-CEO Alex Mashinsky Is Arrested

July 13, 2023 / no comments

Alex Mashinsky was arrested on Thursday morning. He and his former firm also face lawsuits from the Securities and Exchange Commission and other regulators.

China Hacking Was Undetectable for Some Who Had Less Expensive Microsoft Services

July 13, 2023 / no comments

Biden administration officials are calling for changes to Microsoft’s cloud services after the hack.

Ripple Wins Early Dismissal of Some Claims in SEC Lawsuit

July 13, 2023 / no comments

The cryptocurrency company won early dismissal of some regulatory allegations related to its sale of more than $1.4 billion worth of a digital token known as XRP. 

Disney’s Iger Just Can’t Let It Go

July 13, 2023 / no comments

Extending the CEO’s tenure gives Disney time to address growing problems but adds to succession worries.

Is There Really A Sriracha Shortage?

July 13, 2023 / no comments

Huy Fong Foods is having production issues for the second year in a row, causing some people to pay high prices on eBay. Other hot sauce makers are seizing the moment.

Delta Says Travel Boom Drove Record Revenue

July 13, 2023 / no comments

The surge in flying shows no signs of slowing, with demand continuing into autumn, CEO Ed Bastian says.

Exxon Mobil Buys Pipeline Operator, Making Big Bet on Carbon

July 13, 2023 / no comments

The oil company is paying almost $5 billion for Denbury, expanding its investment in the business of transporting and storing carbon.

Frito-Lay’s Flaming Hot Sales

July 13, 2023 / no comments

As consumers pull back, snack sales remain a source of strength for Pepsi and others.

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