Business

The Biden administration has announced that it will resume offering free at-home Covid-19 tests to American households in late September. This decision comes as the virus has gained a stronger foothold in the U.S. during the summer months. Americans will soon be able to request four free tests through COVIDtests.gov, which will be able to
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Paramount Global’s future is currently hanging in the balance as a competing offer from Edgar Bronfman Jr. has thrown a wrench into its merger agreement with Skydance. Initially offering $4.3 billion for Shari Redstone’s National Amusements, Bronfman has since upped his bid to a staggering $6 billion. The special committee overseeing the merger is now
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Ford Motor recently announced a shift in its production plans, delaying the production of a next-generation all-electric pickup truck at a new plant in Tennessee and canceling plans for a three-row electric SUV. Instead, Ford will focus on developing hybrid models and electric commercial vehicles, such as a new electric commercial van in 2026, followed
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Lowe’s recently announced a revision to its full-year forecast, citing a decline in quarterly sales and anticipating weaker spending on do-it-yourself projects. The company now expects total sales to range between $82.7 to $83.2 billion for the year, a decrease from the initial forecast of $84 billion to $85 billion. As part of the revised
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Alaska Airlines flight attendants have rejected a new labor deal that would have provided immediate raises averaging more than 24%. This decision was announced by their union, setting the stage for further negotiations between the two parties. The union had previously reached a tentative agreement with the company in June, which was described as a
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