GE Appliances is investing more than $3 billion over the next five years to expand its U.S. operations, aligning with the Trump administration’s efforts to bring manufacturing back to American soil.  The investment is the second-largest in the company’s history and will support the expansion of its air conditioning and…

AriZona recently spilled the tea and it’s not sweet. In a recent interview with The New York Times, the company’s founder and chairman, Don Vultaggio, revealed its iconic 99-cent price point could be in jeopardy. During the interview, Vultaggio blamed the potential price change on President Donald Trump’s proposed 50%…

Several hand soaps, cleansers and antiseptics have been voluntarily recalled over a bacteria contamination that could lead to “life-threatening sepsis.” DermaRite Industries recalled its DermaKleen antiseptic lotion soap with vitamin E in 1,000-milliliter and 800-milliliter sizes, KleenFoam antibacterial foam soap with aloe vera in 1,000-milliliter sizes, DermaSarra external analgesic in…

President Donald Trump’s executive order directing financial regulators to include alternative investments in retirement plans like 401(k) funds could change the makeup of Americans’ investment portfolios. Trump signed the executive order on Thursday, and the White House provided a fact sheet directing the Labor Department to reconsider its guidance on alternative assets…

President Donald Trump on Tuesday slammed Goldman Sachs CEO David Solomon over a report showing that American consumers and businesses are shouldering the burden of tariffs, telling him to “focus on being a DJ.” Trump’s comments follow a report compiled by Goldman Sachs economists that showed U.S. businesses and consumers are paying…

EXCLUSIVE — A United Nations watchdog organization is calling on the World Bank to terminate the employment of its Senior Country Economist in Tunisia, Massimiliano Cali.  U.N. Watch Executive Director Hillel Neuer claims that Cali’s social media posts violated his neutrality obligations as a World Bank employee. “If this was just…

The U.S. national debt surpassed $37 trillion for the first time in the nation’s history on Friday as the federal government continues to accumulate debt at a record-setting pace. New data from the Treasury Department released showed that the gross national debt hit $37,004,817,625,842.56 on Tuesday afternoon.TREASURY’S BESSENT SAYS US…

Disney recently teamed up with the Navy Morale, Welfare and Recreation (MWR) organization to give America’s men and women in uniform a “fantastic” experience. Troops serving in Djibouti were given special screenings of “The Fantastic Four: First Steps,” which included pre-recorded greetings by executive producer Grant Curtis from Marvel Studios.…

Kodak announced in a Securities and Exchange Commission (SEC) filing on Monday that there was “substantial doubt” about the company’s ability to stay in business.  The company plans to pay off some of its debt and preferred stock using money it expects to get back from its pension plan. The…

Spirit Airlines warned Tuesday that it may not make it through another year, citing concerns over its ability to raise enough cash, despite having successfully restructured its debt and emerging from bankruptcy just months ago.  The beleaguered low-cost carrier said in a Securities and Exchange Commission (SEC) filing that it…