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U.S. homebuilders raise alarm over tariffs as sentiment falls to 5-month low
Sentiment among the nation's single-family homebuilders dropped to the lowest level in five months in February, largely due to concern over tariffs, which would raise their costs significantly.The National Association of Home Builders'…
KFC moves U.S. headquarters from Kentucky to Texas
Signage outside a Yum Brands Inc. KFC restaurant in Shelbyville, Kentucky, on Jan. 29, 2021.Luke Sharrett | Bloomberg | Getty ImagesKFC is leaving Kentucky.The fried chicken chain's U.S. headquarters will move from Louisville, Kentucky,…
Biogen beats estimates on cost cuts and new drugs like Leqembi, but profit outlook falls
A test tube is seen in front of displayed Biogen logo in this illustration taken on, December 1, 2021.Dado Ruvic | ReutersBiogen on Wednesday posted fourth-quarter revenue and profit that topped expectations as its cost cuts showed…
Delta plane crashes on landing at Toronto airport, injuring at least 15
First responders work at the Delta Air Lines plane crash site at Toronto Pearson International Airport in Mississauga, Ontario, Canada February 17, 2025.Arlyn Mcadorey | ReutersAt least 15 people were injured after a Delta Air Lines…
Zelle payments top $1 trillion in 2024 as network’s growth outpaces rivals including
The Zelle icon is displayed on a phone screen.Jakub Porzycki | Nurphoto | Getty ImagesZelle, the payments network run by banks-owned Early Warning Services, crossed $1 trillion in total volumes last year, which it said was the most ever…
Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where
Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means the Federal Reserve will probably hold off on cutting its benchmark interest rate.The bank's retail customers are spending about 6%…
Restaurants warn of weak first quarter, but say sales will pick up later this year
A McDonald's restaurant in El Sobrante, California, on Oct. 23, 2024.David Paul Morris | Bloomberg | Getty ImagesIn like a lion, out like a lamb.That's how restaurant executives envision 2025 after a rough start to the year, largely…
How crazy popcorn buckets became big business for movie theaters
Popcorn buckets are pictured during the "Taylor Swift: The Eras Tour" concert movie world premiere at AMC The Grove in Los Angeles on Oct. 11, 2023.Valerie Macon | AFP | Getty ImagesFor decades, popcorn has been a staple of the movie…
CVS CEO defends pharmacy middlemen, accuses drugmakers of ‘monopolistic’ practices
David Joyner, a longtime CVS executive, speaks during a Senate Health, Education, Labor and Pensions Committee hearing in Washington, D.C., on May 10, 2023.Al Drago | Bloomberg | Getty ImagesCVS Health CEO David Joyner on Wednesday…
Here’s how two apps are connecting Black-owned restaurants with new customers
Zoom In IconArrows pointing outwardsEatOkra's mobile app lists nearby Black-owned restaurants.Courtesy: EatOkraWhen Anthony Edwards Jr. and his then-girlfriend, Janique, first moved to Brooklyn in 2016, they struggled to find food that…