U.S. Foods defends KKR investment, Smart Foodservice and Food Group acquisition in activist response letter
U.S. Foods Holding Corp. released a shareholder letter on Tuesday defending the company's $500 million investment from KKR in 2020 and its acquisition of Smart...
Schumer says he’ll hold vote on codifying the right to an abortion
Senate Majority Leader Chuck Schumer on Tuesday promised to hold a vote on legislation to codify the right to an abortion into federal law, and...
Petco partners with Backcountry for outdoor pet collection
Petco Health & Wellness Co. Inc. has partnered with outdoor retailer Backcountry to launch a line of pet items, including travel gear, apparel and accessories,...
McConnell blasts leak of Supreme Court’s draft decision on abortion
Senate Minority Leader Mitch McConnell on Tuesday criticized the leak of a draft decision showing the U.S. Supreme Court intends to overturn Roe v. Wade....
Roe draft opinion authentic says Chief Justice Roberts as he orders leak investigation
A draft opinion of a pending Supreme Court abortion-rights decision is authentic, said Chief Justice John Roberts in a statement on Tuesday, as he ordered...
Gold futures close higher Tuesday, as climbing bond yields and dollar take a breather
Gold futures finished higher on Tuesday as a surge in both the U.S. dollar and Treasury yields took a breather. Gold for June delivery rose...
Charter Communications stock slips after Bank of America ends bullish call on cable name
Shares of Charter Communications Inc. were off 1.3% in afternoon trading Tuesday after Bank of America analyst Jessica Reif Ehrlich cut her rating on the...
Natural gas surges 9% to highest level since 2008 as Russia’s war roils energy markets
U.S. natural gas prices have more than doubled this year as Russia's war in Ukraine wreaks havoc on global energy markets.
Trump Organization, inaugural committee must pay DC attorney general $750K over claims of misspent nonprofit funds
The Trump Organization settled a lawsuit involving the inaugural committee for Donald Trump, but he and the company face legal challenges on other fronts.