business
FDIC says Republic First Bank is closed by Pennsylvania regulators - CNN
Luciana Lopez, Samantha Delouya
The Federal Deposit Insurance Corporation on Friday said that Republic First Bank has been closed by Pennsylvania state regulators, in what the FDIC said was the first US bank failure this year. Phi ...[Continue Reading]
CNN
15 days ago
Recent News (Business)
business
McDonald's to launch $5 meal deal to lure back customers - New York Post
Shannon Thaler
McDonalds is reportedly preparing to launch a $5 meal deal in a bid to lure back lower-income customers who were priced out of the Golden Arches as its menu prices soared to include an $18 Big Mac a ...[Continue Reading]
New York Post
1 day ago
business
Novavax stock doubles after Sanofi deal marks 'new chapter' for company - Yahoo Finance
Anjalee Khemlani
Novavax stock (NVAX) skyrocketed on Friday, gaining as much as 120% on the news French drug and vaccine giant Sanofi (SNY) would invest $1.2 billion in a deal for Novavax's COVID-19 vaccine and take ...[Continue Reading]
Yahoo Entertainment
1 day ago
business
Consumers havent felt this bad about the economy since November - CNN
Elisabeth Buchwald
Consumer sentiment plunged to the lowest level in six months as price increases reaccelerated, according to the latest University of Michigan survey of consumers, released Friday. Additionally, cons ...[Continue Reading]
CNN
1 day ago
business
Aldi cutting prices on hundreds of items to fight 'stubborn inflation' - Fox Business
Daniella Genovese
Discount grocer Aldi announced it is cutting prices on more than 200 items to help consumers contending with "stubborn inflation." The grocery chain, with over 2,000 locations nationwide, is passin ...[Continue Reading]
Fox Business
1 day ago
business
Fat Brands stock craters after company, chair Andy Wiederhorn charged in $47 million 'sham' loan scheme - CNBC
Amelia Lucas
Federal authorities on Friday charged Fat Brands and its chair Andy Wiederhorn of committing a brazen scheme that netted him $47 million in bogus loans from the restaurant company that owns Fatburger ...[Continue Reading]
CNBC
1 day ago