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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The Canadian government rescinded a digital services tax that was set to take effect on Monday after President Donald Trump threatened to break off trade negotiations between the U.S. and Canada over the tax. Canada’s government adopted its 3% digital services tax a year ago and collections were due to begin…
The U.S. is expected to see a net influx this year of around 7,500 foreign millionaires – who have an estimated $43.7 billion in wealth — as the U.K. experiences a significant outflow of its rich. Around 142,000 millionaires around the world are projected to migrate to a new country…
Canadian Prime Minister Mark Carney will resume trade talks with U.S. President Donald Trump after Canada said late Sunday it was rescinding a digital services tax on American tech companies. The Canadian government said it was rescinding the Digital Services Tax “in anticipation of a mutually beneficial comprehensive trade arrangement…
President Donald Trump said on Friday that the U.S. is terminating all trade discussions with Canada. Trump cited Canada’s digital services tax on American tech companies as the reason for ending trade talks.”They are obviously copying the European Union, which has done the same thing, and is currently under discussion…
Riders have reportedly documented multiple incidents of driving issues with Tesla’s new robotaxi service, which the automaker rolled out earlier this week in Austin, Texas, with a small fleet of self-driving vehicles. Videos taken this week by passengers showed Tesla robotaxis – which are Model Y vehicles with advanced software…
The Federal Reserve’s preferred inflation gauge showed that prices ticked slightly higher in May as the central bank waits for signs of tariff-induced inflation reaching consumers this summer. The Commerce Department on Friday reported that the personal consumption expenditures (PCE) index rose 0.1% on a monthly basis and 2.3% compared…
GE Appliances on Thursday said it would spend $490 million to move the production of most of its washing machines from China to Kentucky. The operation will move to the company’s massive industrial Appliance Park headquarters in Louisville, Kentucky, where it already manufactures washers and dryers. At least 800 new…
The U.S. dollar sank to its lowest level in three years on Thursday following a report that President Donald Trump is planning to pick his nominee to serve as the next chair of the Federal Reserve early. The Wall Street Journal’s U.S. Dollar Index – which measures the dollar’s strength relative to…
Mortgage rates fell for the fourth consecutive week to the lowest level since early May, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage fell to 6.77% from last week’s reading of 6.81%.The…
The U.S. housing regulator directed Fannie Mae and Freddie Mac to consider cryptocurrency as an asset for single-family mortgage loan risk assessments. Federal Housing Finance Agency (FHFA) Director William Pulte said in a social media post on Wednesday that he ordered government-sponsored enterprises, which play a critical role in the…
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