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Business News

Differences bubble up between PepsiCo and Coca-Cola on diversity programs

PepsiCo confirmed Friday that it's ending some of its diversity, equity and inclusion initiatives, even as rival Coca-Cola voiced support for its own inclusion efforts. In a memo sent to employees, PepsiCo CEO Ramon Laguarta said the company will no longer set goals for minority ...

Walmart rolled through 2024, but uncertainty seeps into ’25

NEW YORK — Walmart delivered another year of strong sales and profits as its competitive prices became a strong magnet for inflation-weary shoppers. Yet uncertainty about the state of the American consumer and the potential impact of tariffs have seeped into expectations for 2025. The ...

Trump backs idea to send some DOGE savings to American citizens

WASHINGTON — President Donald Trump said that he likes the idea of giving some of the savings from Elon Musk's Department of Government Efficiency back to U.S. citizens as a kind of dividend. He said at an investment conference in Miami on Wednesday that the administration is considering a ...

Newest credit union offering assists community groups

Staff report Warren-based Seven Seventeen Credit Union has established a program bolstering its mission to support the communities it serves. During an announcement Tuesday, credit union officials said they are partnering with local organizations to launch an affinity credit card ...

Federal Reserve officials see risks of higher inflation ahead

WASHINGTON (AP) — Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept their benchmark interest rate unchanged. According to minutes of the Jan. 28-29 meeting, which were released Wednesday, Fed officials said that ...

Brazil to join OPEC+

BRASILIA, Brazil — Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s evolution into a major oil state just nine months ahead of hosting the United Nations’ annual climate summit. The National Council for Energy ...