Café L’Europe, one of the oldest buildings in St. Armands Circle, in Sarasota, Florida, has been flooded four times in the past 18 months. “That last one from Helene completely wiped out the restaurant. Every piece of equipment is ruined… It was gut-wrenching,” John Horne, CEO of Oysters Rock Hospitality,…
Lowe’s plans to provide millions in financial support to small businesses in North Carolina that were hit hard by Hurricane Helene, helping them recover during the holiday season after federal relief temporarily dried up. The $2.5 million fund will provide grants directly to small businesses in the state. It will…
Several Wall Street banks are pitching President Donald Trump about handling the initial public offering (IPO) of Fannie Mae and Freddie Mac, sources told FOX Business Network’s Maria Bartiromo. Bartiromo reported Friday morning on “Mornings with Maria” that, “Wall Street banks are cozying up to President Trump right now because they want…
The Prince George’s County council in the state of Maryland recently voted 10-0 in favor of enacting a measure limiting how densely convenience stores can be packed together in the area. Council Member Krystal Oriadha said in October that there is a problem with “overconcentration” of the stores.”They call themselves…
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Companies are bringing their employees back into the office — and sending them back on the road. The Navan Business…
Miami International Holdings, also known as financial markets exchange MIAX, raised over $345 million in its IPO Wall Street debut. …
General Motors will restart work on its driverless-vehicle program, a year after shelving production of the Cruise Origin robotaxi when…
U.S. gold futures rose to a record high on Friday amid uncertainty over whether the Trump administration’s country-specific import tariffs would…
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For the first time, more craft beer breweries are shutting down than opening up. Breweries and taprooms are dealing with rising supply costs while demand for beer is slipping, according to the Brewers Association.Bart Watson is the president and chief executive officer of the Brewers…
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Let’s talk about energy dividends because, well, you know why. But let’s not chase the headlines. Let’s focus on energy “toll collectors” that…
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Whether your workspace is located in an office building or within your own home, the way you design it can have a direct…
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Dispatches from SuperReturn Berlin and the Inovia VC Summit “It was the best of times, it was the worst of times.” On the…
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Canned-food giant Del Monte Foods filed for bankruptcy on Tuesday, the company announced in a statement. Del Monte Foods began voluntary Chapter 11 proceedings and entered into a restructuring support agreement with a group of its lenders, they said. “This is a strategic step forward for Del Monte Foods,” CEO Greg Longstreet said in…
Waffle House dropped a 50-cent per egg surcharge this week as prices of the popular breakfast food have stabilized. The chain announced the “egg-cellent news” on X, writing in a post that “the egg surcharge is officially off the menu” and thanking its customers for understanding. The egg surcharge went into…
Companies in the private sector lost 33,000 jobs in June, payroll processing firm ADP said Wednesday. The figure is well below economists’ estimates of a gain of 95,000 jobs and down from the prior month’s revised reading of 29,000.”Though layoffs continue to be rare, a hesitancy to hire and a…
The U.S. Secretary of Energy and other elected officials are preparing to travel to Wyoming for the opening of the first new coal mine in the state in more than five decades. The ribbon cutting for the Brook Mine Carbon Ore Rare Earth project will be on July 11. National…
The historic strikes on Iran revealed more than just U.S. power on the world stage — they also exposed the defense industry’s potential weak points in its supply chain. Exiger CEO Brandon Daniels believes that if America can rethink how it approaches its defense supply chain, it could transform from…
President Donald Trump’s 90-day pause on tariffs could be ending early this month. For truckers at Southern California’s ports, that could mean even more economic uncertainty. The Ports of Long Beach and Los Angeles are entering peak season. Cargo ships from overseas are usually packed with things like back-to-school supplies…
Federal Reserve Chair Jerome Powell on Tuesday said that the central bank has held off on cutting interest rates due to concerns about tariff-induced price hikes on consumers, adding that the Fed likely would’ve cut rates this year if not for those tariff worries. Powell participated in a panel discussion about…
The Federal Trade Commission (FTC) is making July “Made in the USA” month. FTC Chairman Andrew Ferguson announced the move on Tuesday as the month of July officially gets underway and the Fourth of July holiday rapidly approaches. The FTC is seeking to educate businesses and American consumers about Made in…
A new report warns that a side effect of the Trump administration’s push to crack down on illegal immigration could further weaken Social Security’s finances and speed up its insolvency. Social Security’s main trust funds, when considered together, are on pace to be depleted in 2034, according to a recent analysis…
Insiders at tech giant Nvidia have offloaded more than $1 billion in shares in the last year amid the stock’s rapid rise due to the artificial intelligence (AI) boom. The Financial Times reported that over $500 million in stock sales have occurred in the last month as Nvidia shares reached record highs,…
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