General Motors recently announced the updates to the Cadillac Escalade for the 2025 model year, with a particular focus on the V-Series performance model. These updates include a plethora of new features and enhancements, reinforcing the Escalade’s position as the flagship SUV for Cadillac. One of the most notable changes to the 2025 Escalade is
Business
Following the attempted assassination of former President Donald Trump at a Pennsylvania rally, the leaders of Wall Street’s most powerful firms have spoken out to condemn the violence. JPMorgan Chase CEO, Jamie Dimon, expressed his deep sadness over the incident and emphasized the importance of standing together against hate and violence. Similarly, Goldman Sachs CEO,
Goldman Sachs recently announced its second-quarter financial results, surpassing both profit and revenue estimates. The investment bank reported earnings of $8.62 per share, exceeding the $8.34 per share estimate provided by LSEG. Additionally, the bank’s revenue came in at $12.73 billion, beating the $12.46 billion estimate. Significant Jump in Profit and Revenue The company reported
Dollar General, a popular retailer with over 19,000 stores nationwide, has recently been in the spotlight for its lack of workplace safety. The U.S. Department of Labor announced a $12 million settlement with the company, stemming from numerous violations dating back to 2017. These violations include blocked fire exits, dangerous clutter levels, and other safety
Recent developments suggest that there may be hope for the thousands of Americans who have had their savings trapped in frozen fintech accounts for the past two months. Banks caught up in the aftermath of the collapse of fintech intermediary Synapse have been working diligently to piece together account information for stranded customers. This progress
The Federal Trade Commission is gearing up to file lawsuits against three of the largest U.S. health companies for their alleged practices as middlemen who negotiate prices for medications like insulin. According to a source familiar with the matter, the suits will target UnitedHealth Group’s Optum Rx, CVS Health’s Caremark, and Cigna’s Express Scripts. These
Athletic Brewing Company, a leading nonalcoholic brewer, has recently secured an additional $50 million in equity financing, with General Atlantic leading the round. This investment marks a significant milestone for the company as it prepares to expand its production capacity and offerings to meet the growing demand for nonalcoholic beer in the global market. Since
Paramount Global has recently announced a merger agreement with Skydance, marking the end of a lengthy negotiation process filled with unexpected twists and turns. The merger comes as the Redstone family relinquishes control of the historic movie studio and media company, Paramount. The decision to merge was reached by Paramount’s special committee after Shari Redstone’s
The semiconductor industry is currently facing a shortage of workers, especially in the United States. This shortage is expected to reach as high as one million workers by the year 2030. The industry is highly competitive for talent, and with the enactment of the CHIPS and Science Act, funding is being dispersed to spur domestic
Women’s soccer is experiencing a significant shift in the realm of private equity investments. While traditional U.S. sports leagues have allowed private equity investors to hold passive, minority stakes, the National Women’s Soccer League (NWSL) stands out by permitting these firms to take majority control of the economics. This unconventional approach is reshaping the landscape