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Yum! Brands just made its boldest strategic move in years: saying goodbye to one of the most recognizable names in fast food. The Louisville-based restaurant giant announced on June 16 that it has agreed to sell Pizza Hut for a combined $2.7 billion.  The deal splits the business into two, with different buyers taking ownership […]

Palantir Technologies (PLTR) has spent years trying to convince Wall Street that it can become one of the most important software companies in the artificial intelligence boom. Its most recent action does just that. Palantir said on June 4 its software is available through the Google Cloud Marketplace, with interfaces connecting Google BigQuery, Gemini and

Launched out of JFK Airport with an inaugural flight to Fort Lauderdale in February 2000, JetBlue Airways flies to more than 100 U.S. and international destinations while positioning itself as the quintessential New York airline. Terminal Five at JFK, which cut the ribbon on three classic New York restaurant chains Nom Wah, The Halal Guys

Eli Lilly (LLY) became the first pharmaceutical company to cross a $1 trillion market valuation in November last year, carried largely by its highly lucrative obesity and diabetes medications, such as Mounjaro and Zepbound. Now the same demand that built that fortune is creating friction with the employers who pay for it. A survey released

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Even with gas prices over $5 in parts of the country and hotel and airfare costs soaring, Americans are unwilling to give up their vacations. But they’re willing to cut corners. Overall, one-in-five Americans (21%) have a trip booked for this summer, while more than one-third (35%) have travel plans but still haven’t booked, according

The last time Nvidia (NVDA) went to the investment-grade bond market was 2021, when the company generated about $27 billion in annual revenue and AI had not yet become the defining story of the technology sector. On June 15, the company returned, and the response from investors made the five-year absence feel like a long

If you have a Roku device at home, and statistically, there’s a good chance you do, your TV’s home screen may soon have a new owner. Fox Corporationannounced June 15 that it has reached a deal to buy Roku for $160 per share. That values the company at roughly $22 billion. The deal is expected

When Oppenheimer set its year-end S&P 500 target at 8,100 in December, the index was sitting at 6,870, and the number was the highest target on Wall Street, implying 18% upside at a moment when many strategists were cautioning about stretched valuations and a concentrated rally. Six months later, that call has not been walked

Two babies born at the same hospital on the same day will each get a $1,000 Treasury deposit into a Trump Account on July 4. One child’s parents will add $5,000 every year for 18 years, while the other family will never contribute beyond the initial deposit. By the time both children reach adulthood, one