Business

In a striking maneuver signaling changing consumer preferences, PepsiCo’s recent announcement of a $1.95 billion acquisition of Poppi underscores the evolving landscape of the beverage market. While traditional soda consumption has been on a steady decline, the prebiotic soda sector has seen remarkable growth, captivating health-conscious buyers with innovative options. Amid a backdrop of decreasing

Ulta Beauty, a retail giant renowned for its extensive beauty offerings, now finds itself in a precarious position as it moves through an era marked by internal upheaval and external competition. The newly appointed CEO, Kecia Steelman, has taken the helm at a critical juncture, where navigating through “consumer uncertainty” presents both a challenge and

Spirit Airlines has made headlines recently by successfully emerging from bankruptcy, achieving a turnaround many would have deemed improbable just a few years ago. CEO Ted Christie has articulated a vision of resilience, showcasing a leaner operation ready to engage in fierce competition against industry giants. This moment marks not just a new chapter for

In a bold move, Health and Human Services Secretary Robert F. Kennedy Jr. is making waves in the food industry by prioritizing the removal of harmful ingredients, particularly artificial dyes, from the American food supply. This initiative, rooted in concerns for public health, marks a significant shift in government policy, aligning with a broader agenda

In an unexpected turn that many could scarcely have anticipated, Shawn Fain, the newly elected president of the United Auto Workers (UAW), has emerged as a vocal supporter of President Donald Trump’s controversial tariffs on automobiles and automotive parts. Just a year ago, Fain was vocal about his opposition to Trump, likening the administration to

The optimism that once soared high above the clouds for Delta Air Lines has taken a disheartening nosedive, revealing the underlying turbulence in the travel sector. With an alarming pivot, the airline has drastically reduced its revenue projections for the first quarter, indicating a mere 5% increase year-over-year, which starkly contrasts the previously forecasted growth

In a stunning display of what happens when ambition outstrips caution, SpaceX’s recent failure during a Starship test flight has raised serious questions about safety regulations and the FAA’s oversight capabilities. On Thursday night, various Florida airports found themselves abruptly halting flights after a mishap involving the Starship. This incident is not merely an isolated

The recent alliance between Visa and Elon Musk’s social media platform, X (formerly known as Twitter), raises significant concerns about the future of financial transactions on a platform already plagued by controversies. Senator Richard Blumenthal’s scrutiny of this partnership is not just political posturing; it reflects real fears about consumer protection and regulatory oversight. The

In a remarkable shift in the investment landscape, family offices are rapidly becoming a dominant force, doubling their direct investments in just one month—48 this past month alone, as revealed by Fintrx’s exclusive data for CNBC. This exponential increase indicates a profound confidence among wealthy families to take bold financial steps, a move that reflects

Family offices have long prided themselves on their investment approaches, often holding a significant advantage with their long-term strategies. However, recent upheavals in government policy and the turbulent landscape surrounding tariffs on Mexico, Canada, and China have unveiled cracks in this illusion of stability. Experts are now expressing concern that many family offices are hesitating