Business – Page 9 – The Golden Capital

Video game maker Electronic Arts to be acquired for $52.5 billion

adminOctober 1, 20250

Electronic Arts, maker of video games like “Madden NFL,” “Battlefield,” and “The Sims,” is being acquired for $52.5 billion in what could become the largest-ever buyout funded by private-equity firms. The private equity firm Silver Lake Partners, Saudi Arabia’s sovereign wealth fund PIF, and Affinity Partners will pay EA’s stockholders $210 per share. Affinity Partners […]

Trump says U.S. will impose new tariffs on heavy trucks, drugs and kitchen cabinets

adminSeptember 30, 20250

President Donald Trump on Thursday announced a new round of punishing tariffs, saying the United States will impose a 100% tariff on imported branded drugs, 25% tariff on imports of all heavy-duty trucks and 50% tariffs on kitchen cabinets. Trump also said he would start charging a 30% tariff on upholstered furniture next week. He […]

Amazon to pay $2.5 billion to settle FTC allegations that it duped customers into enrolling in Prime

adminSeptember 28, 20250

SEATTLE — Amazon has reached a historic $2.5 billion settlement with the Federal Trade Commission, which said the online retail giant tricked customers into signing up for its Prime memberships and made it difficult for them to cancel after doing so. The Seattle company will pay $1 billion in civil penalties — the largest fine […]

Former Fed chairs warn that removing Lisa Cook could lead to inflation boom

adminSeptember 28, 20250

A group of the country’s top economic leaders, including every living former Federal Reserve chair, filed an amicus brief with the Supreme Court on Thursday in support of Fed governor Lisa Cook, who President Donald Trump is seeking to remove. The group, led former central bank chiefs Alan Greenspan, Ben Bernanke and Janet Yellen, said […]

The charm of watching movies in theaters is fading

adminSeptember 26, 20250

WASHINGTON — Americans are more likely to watch newly released movies from the comfort of their own homes instead of heading out to a theater, according to a new poll. About three-quarters of U.S. adults said they watched a new movie on streaming instead of in the theater at least once in the past year, […]

Ben & Jerry’s co-founder resigns, claiming parent company Unilever ‘silenced’ its campaigning

adminSeptember 18, 20250

Jerry Greenfield, co-founder of the Ben & Jerry’s ice cream brand, has stepped down from the company he started 47 years ago citing a retreat from its campaigning spirit under parent company Unilever. Greenfield wrote in an open letter late Tuesday night — shared on X by his co-founder Ben Cohen — that he could […]

LimeWire acquires Fyre Festival, asking ‘What Could Possibly Go Wrong?’

adminSeptember 17, 20250

LimeWire, the filesharing service that set the internet ablaze in the 2000s before being shut down for copyright infringement, said Tuesday that is acquiring the rights to Fyre Festival. And it appreciates the irony. ‘LimeWire Acquires Fyre Festival Brand — What Could Possibly Go Wrong?’ the company titled its news release. LimeWire said it would […]

Convenience stores are eating fast-food chains’ breakfast

adminSeptember 16, 20250

Fast-food restaurants are losing breakfast customers to convenience stores. Morning meal traffic to fast-food chains rose 1% in the three months ended in July, while visits to food-forward convenience stores climbed 9% in the same period, according to market research firm Circana. “Over the long run, convenience stores have taken share, really at foodservice overall, […]

Trump administration ramps up pressure on Labor Department with data probe

adminSeptember 12, 20250

The Labor Department has announced an inquiry into the Bureau of Labor Statistics over recent changes to its data practices. In a letter published Wednesday, the office of the inspector general for the Labor Department cited the BLS’ recent decision to reduce data collection activities for two key inflation reports, as well as the large […]

Kenvue stock drops 10% on report RFK Jr. will link autism to Tylenol use during pregnancy

adminSeptember 9, 20250

Shares of Kenvue fell more than 10% on Friday after a report that Health Secretary Robert F. Kennedy Jr. will likely link autism to the use of the company’s pain medication Tylenol in pregnant women. HHS will release the report that could draw that link this month, The Wall Street Journal reported on Friday. That […]

Recent News

Stocks have their worst quarter since 2022, raising doubts about Trump’s economic playbook

A global jet fuel shortage is raising the cost of air travel

Average U.S. gas price hits $4 for the first time since 2022

Category: Business

Stocks have their worst quarter since 2022, raising doubts about Trump’s economic playbook

A global jet fuel shortage is raising the cost of air travel

Average U.S. gas price hits $4 for the first time since 2022

Republican leaders announce two-track plan to end the DHS shutdown

Hershey to resume using chocolate in most products; Reese’s grandson may taste sweet victory

Trump says his ‘preference’ would be to ‘take the oil in Iran’

Video game maker Electronic Arts to be acquired for $52.5 billion

Trump says U.S. will impose new tariffs on heavy trucks, drugs and kitchen cabinets

Amazon to pay $2.5 billion to settle FTC allegations that it duped customers into enrolling in Prime

Former Fed chairs warn that removing Lisa Cook could lead to inflation boom

The charm of watching movies in theaters is fading

Ben & Jerry’s co-founder resigns, claiming parent company Unilever ‘silenced’ its campaigning

LimeWire acquires Fyre Festival, asking ‘What Could Possibly Go Wrong?’

Convenience stores are eating fast-food chains’ breakfast

Trump administration ramps up pressure on Labor Department with data probe

Kenvue stock drops 10% on report RFK Jr. will link autism to Tylenol use during pregnancy

Grid News

Stocks have their worst quarter since 2022, raising doubts about Trump’s economic playbook

A global jet fuel shortage is raising the cost of air travel

Average U.S. gas price hits $4 for the first time since 2022

Republican leaders announce two-track plan to end the DHS shutdown

Latest Post

Stocks have their worst quarter since 2022, raising doubts about Trump’s economic playbook

A global jet fuel shortage is raising the cost of air travel

Average U.S. gas price hits $4 for the first time since 2022