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Goldman Sachs (GS) earnings Q1 2025
David Solomon, CEO of Goldman Sachs, testifies during a Senate Banking Committee hearing at the Hart Senate Office Building in Washington, D.C., on Dec. 6, 2023. Win Mcnamee | Getty Images Goldman Sachs is scheduled to report first-quarter earnings before the opening bell Monday. Here’s what Wall Street expects: Earnings: $12.35 per share, according…
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Altadena’s various small enterprise group seems to rebuild after lethal LA wildfires
Little Red Hen, a family-owned cafe in Altadena, was destroyed in last month’s deadly fires. Courtesy: Shay family When the Los Angeles wildfires swept through Southern California in January, Barbara Shay lost much more than the building housing the cafe she owned. Gone were the ingredients for menu items like grits or pancakes. Gone were…
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Stellantis idles vegetation in Mexico and Canada as a result of tariffs
The Stellantis Windsor Assembly Plant is shown on April 1, 2025 in Windsor, Canada. Bill Pugliano | Getty Images DETROIT — Stellantis is pausing production at two assembly plants in Canada and Mexico as the company attempts to navigate President Donald Trump’s new round of 25% automotive tariffs, the company confirmed Thursday. The actions are…
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Meta is concentrating on ‘tons of of tens of millions’ of companies for agentic AI
Meta Platforms is among the U.S. tech giants leading the race to invest in generative AI and the foundational large language models that the AI breakthroughs rely on, and it’s also taken an open-source approach to its AI development, allowing the tech innovations to be shared widely. Those innovations are occurring rapidly. “Not just daily.…
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Zepbound copycats stay on-line regardless of FDA ban
This week was supposed to mark the end of compounding pharmacies making copycat versions of Eli Lilly‘s weight-loss drug Zepbound and its diabetes drug Mounjaro. Online, it doesn’t look like much has changed. Popular websites like Amble, EllieMD, Willow and Mochi Health are all still advertising versions of tirzepatide, the active ingredient in Zepbound. Some,…
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Trump’s Canadian tariffs are having a chilling impact on Vermont’s small enterprise homeowners
Ryan Christiansen, president and head distiller at Caledonia Spirits, giving a tour in Montpelier, VT. Courtesy: Ryan Christianse | Caledonia Spirits President Donald Trump’s tariff rhetoric against Canada has only started to heat up, but Vermont’s small businesses are already feeling some pain. A shipment of spirits, ordered by the Société des alcools du Québec –…
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What Southwest Airways is altering, from bag charges to fundamental economic system
A Southwest Airlines Boeing 737 MAX is pushed back from the gate at San Diego International Airport in San Diego, Aug. 24, 2024. Kevin Carter | Getty Images Southwest Airlines announced Tuesday what was once unthinkable: it will start charging customers to check their luggage. It’s a $300 million gamble. Last year, Southwest said its…
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Treasury Division halts enforcement of BOI reporting for companies
The US Treasury building in Washington, DC, US, on Monday, Jan. 27, 2025. Stefani Reynolds | Bloomberg | Getty Images The U.S. Department of the Treasury on Sunday announced it won’t enforce the penalties or fines associated with the “beneficial ownership information,” or BOI, reporting requirements for millions of domestic businesses. Enacted via the Corporate…
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CFPB drops lawsuits in opposition to Capital One and Rocket Mortgage affiliate
Russell Vought, director of the Office of Management and Budget (OMB) nominee for US President Donald Trump, during a Senate Budget Committee confirmation hearing in Washington, DC, US, on Wednesday, Jan. 22, 2025. Al Drago | Bloomberg | Getty Images The Consumer Financial Protection Bureau’s new leadership on Thursday dismissed at least four enforcement lawsuits…
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Treasury units new deadline for companies to report possession info
People take pictures of the U.S. Treasury Department building in Washington, D.C., on Feb. 6, 2025. Mandel Ngan | AFP | Getty Images The Treasury Department has set a new deadline of March 21 for millions of businesses to fulfill a new reporting requirement on “beneficial ownership information,” after a court order allowed the federal…
