Money

Levi Strauss valued at $6.6bn as IPO prices above target

The 166-year-old company, which owns the Dockers and Denizen brands, previously went public in 1971 , but the namesake founder's descendants, the Haas fami...


Apple's Video Event May Be a Non-Event for Streaming Companies

As well, the company says it may never launch the plans as officially available options after the test ends. It's a larger market for smartphones and video stre...


$625M jackpot at stake in Saturday Powerball drawing

The cash annuity of Saturday's drawing is estimated at $380.6 million. There is $625 million up for grabs in Saturday's Powerball jackpot . To break it down,...


Trouble brewing in the Bud Light Kingdom with new lawsuit

Louis Dispatch . But MillerCoors claims the Bud Light campaign contradicts the fact that Anheuser-Bush does use corn syrup as a fermentation aid in several of...


Hill’s Dog Food Recall Widens; Vitamin D Levels Could Be Life-Threatening

The expansion came after the FDA requested Hill's test samples that were not part of the original recall, the agency said Thursday in its statement . Contact y...


Tesla Sues Chinese Rival's Employee for Alleged Trade Secret Theft

XMotors has by no means caused or attempted to cause Mr. Cao to misappropriate trade secrets, confidential and proprietary information of Tesla, whether such al...


Canadian Cannabis Giant Canopy Growth Bought AgriNextUSA to Accelerate US Growth

Bruce Linton, the chairman and co-CEO of Canopy , states that the agreement "is an opportunity for Canopy Growth to build a strong partnership with another h...


Two Alzheimer's drug trials halted

An independent data monitoring committee determined that completed studies were unlikely to show that the investigational compound benefited people with Alzhei...


Bank's interest rates put on hold amid uncertainty

CPI inflation rose slightly to 1.9% in February and is expected to remain close to the 2% target over coming months. Tej Parikh, senior economist at the Insti...


Levi Strauss shares surge 31 per cent in stock market return

The firm plans to use some of the proceeds to develop its presence in emerging markets, such as China, India and Brazil, and expand its product offering from a ...


CVS to sell cannabis-based products in Kentucky

CBD was illegal on the federal level up until December, as cannabinoids were a scheduled substance. Your CBD Store opened in Lawrenceburg late a year ago foll...


Study finds AT&T’s 5G E slower than T-Mobile and Verizon’s 4G

The test data is based on crowdsourced speed tests that can be performed by anyone using OpenSignal's apps for iPhone and Android . The initiative changed ...


Twitter reacts to Shaquille O'Neal joining Papa John's board

O'Neal owns various restaurants already: a Krispy Kreme Doughnuts franchise in Atlanta , Big Chicken fast casual fried chicken in Las Vegas and Shaquille's...


Lawsuit Claims JetBlue Pilots Drugged And Raped Female Crew Members

Jane Doe #1 said she and another co-worker, who is not involved in the lawsuit , were also allegedly raped by one of the pilots, and accused him of "intentio...


Dog food recall expanded to 30-plus products over vitamin D levels

In a letter to veterinarians, Hill's says a review of its products determined the issue was isolated to a vitamin pre-mix used in its canned dog food that is li...


Which 20th Century Fox Franchise Should Disney Prioritize?

As of 12:02 a.m ET yesterday, the Walt Disney company officially took over the reins of much of 21st Century Fox , making the House of Mouse even more discon...


Oil prices remain above $60

May Brent crude LCOK9, -0.53% shed 11 cents, or 0.2%, to $68.39 a barrel on ICE Futures Group. Oil prices fell from a four-month high on Thursday as ren...


GM announces 'major new investment' at Orion Assembly Plant

In January, the company announced that Cadillac will become its lead electric vehicle brand in an effort to make GM's electric cars profitable by 2023. Accordin...


Ford investing $900M in southeast Michigan, Flat Rock Assembly Plant

The plant is now used to make the Mustang and Lincoln Continental , vehicles that aren't produced in high volumes. Instead, the autonomous models, which wi...


Texas Man Tests Limits of Pet Store’s Leash Policy

A Texas man has taken his steer to a Petco store. An attempt to call management's bluff at the Petco in the Northeast Houston suburb of Atascocita. Just as ...


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