Corporate Profits Are at Record Highs. These 4 Factors Could Sink Them.
Experts have different theories about what’s driving steep gains. But many agree the window for growth is shrinking.
More Americans Taking 401(k) Hardship Withdrawals
More Americans are taking hardship withdrawals from workplace retirement accounts, prompted by rising costs — and looser rules.
The Mighty Engine That Jaguar Built, and Built Jaguar
For 42 years, the XK was Jaguar’s secret weapon. It proved its worth on the racetrack and powered generations of cars. The company’s leap into electrics could take a similar path.
Federal Court Temporarily Freezes Nexstar’s Merger With Tegna
The judge said the two television companies could not combine operations while an antitrust lawsuit proceeded. Nexstar said its deal was already done.
American Airlines Says It Won’t Merge With United
American issued the statement after news reports that United Airlines’ chief executive had discussed the idea with the Trump administration.
Sazerac Prepares $15 Billion Cash Offer for Maker of Jack Daniel’s
The Kentucky spirits company’s bid for Brown-Forman comes as the industry is being buffeted by a decline in alcohol consumption.
Mississippi Liquor Stores Run Dry Amid State Distribution Delays
The state liquor agency has been struggling to make timely deliveries to restaurants, bars and liquor stores since it got rid of outdated conveyor belts at a warehouse in January.
Stocks Extend Rally as Tensions Ease Over War in Iran
The S&P 500’s rise on Friday caps a striking three-week streak, powered by investors’ optimism about the reopening of the Strait of Hormuz and strong corporate earnings.
Kevin Klose, Who Made NPR a Reporting Powerhouse, Dies at 85
A longtime journalist at The Washington Post, he used his unexpected fund-raising talents to greatly expand the radio organization’s coverage.
Mark Mobius, Pioneering Investor in Emerging Markets, Dies at 89
Gaining a reputation as the brilliant, risk-taking “Indiana Jones” of his field, he encouraged investors to take chances on Asia, Africa, Latin America and Eastern Europe.
Trump Seeks More Time in Lawsuit Against IRS Over His Tax Returns
The Justice Department has not responded to the president’s suit, which has created a conflict of interest for the government’s lawyers.
Hundreds of Fake Pro-Trump Avatars Emerge on Social Media
The artificial-intelligence-generated fake influencers have surged on TikTok, Instagram, Facebook and YouTube in an apparent bid to hook conservative voters.