Cans of Pepsi are on display at a Target store in the Flatbush neighborhood of Brooklyn, New York City, on Feb. 9, 2024.Michael M. Santiago | Getty ImagesThe Federal Trade Commission said Friday that it is suing PepsiCo for illegal price discrimination, alleging the food and beverage giant gave an unnamed retailer more favorable prices than its competition.Walmart is the unnamed retailer, people familiar with the matter told CNBC.The FTC alleges Pepsi violated the Robinson-Patman Act, which bars sellers from giving competing buyers different prices for the same “commodity” or selectively providing allowances, like compensation for advertising. The agency argues…
Author: usaeverydaylife
The World Economic Forum’s annual meeting, commonly referred to as Davos, welcomes more than 3,000 global leaders from business, politics and civil society every January in the namesake Swiss city. They gather to address pressing issues such as climate change and economic and geopolitical challenges. Davos, which begins Monday and runs through Friday, was started in 1971 by the German economist Klaus Schwab, who initially named it the European Management Symposium.Severin Podolak, the head of event management and operations for the World Economic Forum since 2021, helps design the event, manage it and ensure its overall success. Before taking on…
‘Fast Money’ trader Steve Grasso shares his 2025 trading acronym. Source link
Whatever happens over the weekend, Jim is firm that Meta is a strong buy. Source link
The Israeli authorities are making preparations to welcome home dozens of hostages held incommunicado by Hamas for over a year in Gaza, without knowing whether they will return starved, traumatized or dead.Thirty-three hostages are supposed to be freed in the first phase of the Gaza cease-fire agreement between Israel and Hamas, in the first such major release since a weeklong cease-fire seven weeks into the war. Some families have caught glimpses of their loved ones in Hamas-directed hostage videos. But it is far from clear in what condition the captives will return.At Israeli hospitals, health officials have been preparing isolated…
‘Fast Money’ trader Courtney Garcia reveals her 2025 trading acronym. Source link
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Cosmo Jiang of Pantera discusses crypto’s rise ahead of President-elect Trump’s inauguration.10:56Fri, Jan 17 20253:00 PM EST Source link
The Federal Reserve said on Friday that it had withdrawn from a network of global financial regulators focused on climate change risks just days before President-elect Donald J. Trump returns to power.The central bank formally joined the Network of Central Banks and Supervisors for Greening the Financial System in December 2020, shortly after President Biden was elected. Democrats praised that decision, arguing that regulators needed to make sure financial institutions were adequately managing the risk they faced from extreme weather events.Republican lawmakers, however, immediately blasted the Fed for joining the network, saying the central bank was overstepping its congressional mandate,…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailElyse Greenspan, Wells Fargo Securities managing director, joins ‘Fast Money’ to talk the mounting cost of the California wildfires for insurers. Source link
David Solomon, CEO of Goldman Sachs, speaks during the Reuters NEXT conference, in New York City, U.S., December 10, 2024. Mike Segar | ReutersGoldman Sachs CEO David Solomon was awarded an $80 million stock bonus to stay at the helm for another five years, a stark turnaround for a leader whose survival was questioned after the firm’s ill-fated foray into consumer banking. John Waldron, Goldman’s president and chief operating officer, and who is widely seen as a successor to Solomon, was also awarded a retention bonus of $80 million in restricted stock, the bank said in a regulatory filing on Friday.The…
