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Business

Kraft Heinz Announces Plan to Split Into 2 Companies

Business The Epoch Times -
Multinational food corporation The Kraft Heinz Company will split into two companies in a bid to boost profits and unlock shareholder value.

Amazon Makes Another Effort to Slice Into $1 Trillion Grocery Industry–What to Know

Business The Epoch Times -
Amazon is expanding its same-day grocery shipping in another bid to capture a bigger piece of the $1 trillion grocery market.
MAGA Business MAGA Business

Musk Companies Sue Apple and OpenAI, Allege Monopolistic Practices

Business The Epoch Times -
Musk’s AI xAI and X Corp. sued Apple and ChatGPT maker OpenAI, alleging monopolistic practices and illegal conspiracy to control AI in smartphone devices.

From Voting Rights to Legal Issues: Five Things You Need to Know About Trump’s Intel Deal

Business The Epoch Times -
Agreement between the Trump admin and Intel Corp gave the federal govt a 10% ownership stake sparked a rally in shares but drew fire from conservatives.

US Government Takes 10 Percent Stake in Intel

Business The Epoch Times -
The White House had been seeking an equity stake in the company in exchange for the almost $11 billion in grants from the CHIPS and Science Act.

5 Takeaways From Fed Chair Powell’s Final Jackson Hole Speech

Business The Epoch Times -
Federal Reserve Chair Jerome Powell presented his final keynote address at the central bank’s annual Jackson Hole summit on Aug. 22.

FTC Sues Gym Chain for Making It ‘Exceedingly Difficult’ to Cancel Memberships

Business The Epoch Times -
FTC filed a lawsuit against operators of LA Fitness and other gyms over allegations they make it “exceedingly difficult” to cancel memberships.

Best Buy Jumps on Digital Marketplace Bandwagon—Doubling Its Online Products

Business The Epoch Times -
Best Buy will launch its new digital marketplace, BestBuy.com, which will more than double the current number of products available online.
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Democrats Highlight August Organizing, Say They Want Bipartisan Deal to Avert Shutdown

Rep Hakeem Jeffries said during recess Democrats organized across the country and will seek a bipartisan spending bill as Congress with Sept. 30 deadline.

Judge Reverses Trump Admin’s Harvard Funding Freeze

Federal judge blocked Trump admin’s bid to freeze $2B in Harvard funding, ruling it violated the First Amendment in its anti-Semitism efforts.

Putin, Xi Hot Mic Moment on Organ Transplants Underscores Concerns Over Organ Harvesting in China

On Sept. 3, a hot mic caught China and Russia’s leaders discussing about organ transplants and living to 150 as they walked side by side.

Pfizer CEO Says Trump Should Receive Nobel Prize for Operation Warp Speed

Pfizer’s CEO praised President Trump, saying he deserves a Nobel Peace Prize for Operation Warp Speed that sped COVID-19 vaccine delivery.

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