Business

Cryptocurrency exchange Coinbase announced Wednesday that it will reincorporate itself in Texas, becoming the latest company to move its business registration out of Delaware.Coinbase announced the move in a regulatory filing, which said a majority of its stockholders voted to approve the company's reincorporation in Texas.Texas has become an increasingly popular destination for U.S. corporations to register their businesses with its favorable business environment, friendlier tax rules, lighter regulatory regimes and […]

F&F Fine Wines International Inc., a U.S.-based importer and distributor of premium wines, recalled more than 900,000 bottles of Kirkland prosecco after Costco warned customers that unopened bottles could spontaneously shatter.The recall involves certain glass bottles of Kirkland Signature Valdobbiadene Prosecco DOCG, which "can break or shatter, posing a laceration hazard," according to the Consumer Product Safety Commission (CPSC). F&F Fine Wines, which does business under the name Ethica Wines, issued […]

Since the April bottom that followed some tariff confusion, the Dow Jones is up 27%, NASDAQ up 53%, and S&P up 37%. We don’t have a lot of official numbers because of the government shutdown, but I’m gonna go by the huge stock market performance. It’s telling us there’s a boom ahead. We may already be in it. And it’s backed up by Trumpian economic policies. And it’s also telling […]

Brick by brick, regulation by regulation, America built its own housing crisis.Experts say the problem is cemented into the foundation of the U.S. housing system, a design flaw decades in the making.They point to three major forces doing the most damage: restrictive zoning, land-use barriers, and financial policies that have choked supply and pushed prices out of reach.TRUMP'S 50-YEAR MORTGAGE MAY BURDEN AMERICANS WITH MORE DEBT, EXPERTS SAY"There are just […]

Fast food giant Wendy’s plans to close hundreds of its U.S. stores next year as part of a broader effort to revive its domestic business, which has been under pressure from slowing sales.Interim CEO Ken Cook said during the company's earnings call on Friday that a "mid-single-digit percentage" of its 6,011 U.S. restaurants are expected to close next year. A mid-single-digit percentage is about 4% to 6%, which means the […]

Activist investor Sardar Biglari intensified his campaign against Cracker Barrel’s leadership, urging shareholders to vote against CEO Julie Felss Masino and board member Gilbert Dávila in the company’s upcoming annual meeting.Two major proxy advisory firms, Institutional Shareholder Services (ISS) and Glass Lewis, also urged shareholders to vote against one or more Cracker Barrel directors over concerns about performance and the company’s controversial August rebrand.ISS and Glass Lewis advised shareholders to […]

Baby nutrition company ByHeart is recalling all batches of its Whole Nutrition Infant Formula following a multi-state outbreak of infant botulism.Thirteen of the 83 cases of infant botulism reported across the United States since August 2025 involved infants who had consumed ByHeart-brand powdered infant formula, according to the Food and Drug Administration (FDA). All 13 affected infants were hospitalized, with cases reported in Arizona, California, Illinois, Minnesota, New Jersey, Oregon, […]

President Donald Trump suggested giving a $10,000 bonus to air traffic controllers who remain on the job through the government shutdown despite having their paychecks delayed.Trump floated the idea of rewarding controllers in a post on Truth Social on Monday, when he wrote, "All Air Traffic Controllers must get back to work, NOW!!! Anyone who doesn't will be substantially 'docked.'""For those Air Traffic Controllers who were GREAT PATRIOTS, and didn't take […]

Bank of America CEO Brian Moynihan says he’s ready to meet with New York City Mayor-elect Zohran Mamdani to discuss the city’s future as competing states try to court concerned business owners away from the Big Apple."Now that a mayor is in office, whether it's this city or any other city, we have an obligation as a company to work with him to try to make the city successful," Moynihan […]