Business news 2025

The lie: "Tariffs are not paid by American consumers." The truth: Tariffs are paid by American consumers. Caterpillar, the world's largest manuafacturer of tractors, construction equipment, mining equipment and engineering equipment, was formed in 1925 by the merger of Holt Manufacturing Company and C. L. Best Tractor Company. Shares of Caterpillar closed today at 434.91, a gain of 2.24 (0.52%).

Caterpillar lifts 2025 tariff hit estimate to as much as $1.8 billion

https://www.reuters.com/business/cat...on-2025-08-28/

On July 2, 2015, Kraft Foods and H.J. Heinz merged, becoming the Kraft Heinz Company. Now they are un-merging. One of the new companies will include brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese, The other will include slower-selling brands such as Maxwell House, Oscar Meyer, Lunchables and Capri Sun. The names of the two companies have not been announced. Shares of Kraft Heinz closed today at 26.93, a gain of 0.91 (3.5%).

Kraft Heinz is splitting into two companies

https://www.cnn.com/2025/09/02/busin...-heinz-breakup

Ned Homfeld founded Charter One Airlines in 1983 in Detroit. The company added jet aircraft to its fleet in 1992 and became Spirit Airlines. Spirit filed for Chapter 11 bankrupcy protection on November 18, 2024 and again on August 29, 2025. Shares of parent company Spirit Aviation Holdings closed today at 0.42, a drop of 0.09 (17.65%).

Spirit Airlines to end service in 12 cities amid bankruptcy struggles

https://www.cbsnews.com/news/spirit-...ited-frontier/

A plurality of voters in 2024 believed the U.S. economy would thrive under Donald Trump – a convicted felon. It didn't, it hasn't, and it won't. Following the July 31 2025 weak jobs report by the Bureau of Labor Statistics, Trump claimed the "numbers were rigged in order to make the Republicans, and me, look bad." He fired the BLS Commissioner. Today's BLS report shows unemployment is at 4.3%, the highest since October 2021.

Trump has successfully tanked the American labor market
The President’s disastrous tariffs and mass deportation campaign are wrecking the economy.

https://www.msn.com/en-us/money/mark...et/ar-AA1LY3g0

Donald Trump, speaking at an August 9, 2024 rally in Bozeman, Montana, declared, "Starting on day one, we will end inflation and make America affordable again, bring down the prices of all goods." Speaking to the Economic Club of New York on September 5, 2024, Trump declared, "We’re going to get gasoline below $2 a gallon, bring down the price of everything from electricity rates to groceries, airfares and housing costs." Those were lies, same as Trump's lie that Americans do not pay for his punitive tariffs.

US inflation rises in August as firms pass Trump tariffs cost on to consumers
New CPI update shows prices increased 2.9% over the last year.

https://www.theguardian.com/business...-trump-tariffs

Ben Cohen and Jerry Greenfield opened an ice cream parlor in 1978 in a renovated gas station in Burlington, Vermont. In 1980, they began selling pints of ice cream. A second Ben & Jerry's location opened in 1983 in Shelburne, Vermont. There are now more than 500 Ben & Jerry's Scoop Shops worldwide.

Jerry quits Ben & Jerry's, claiming company has been 'silenced, sidelined'
He spoke out against the Trump administration in his announcement about his departure.

https://www.huffpost.com/entry/ben-j...b0ce33ec38ef01

CVS Health Corporation owns CVS Pharmacy, CVS Caremark and Aetna Insurance and is the nation's second-largest healthcare company after UnitedHealth Group. Shares of CVS closed today at 75.13, a gain of 0.21 (0.28%).

CVS’s Omnicare files for bankruptcy after $949 million judgment
Bloomberg, Sep 22 2025 10:45 AM PDT

CVS Health Corp. subsidiary Omnicare Inc. has filed for bankruptcy after the pharmacy-services provider was ordered to pay $949 million over claims it improperly dispensed prescription drugs to individuals in long-term care. The civil judgment is Omnicare’s largest unsecured debt, though the company is challenging it.

https://finance.yahoo.com/news/cvs-o...174546837.html

"We're paying $1,500,000,000 in civil penalties and refunding $1,000,000,000 to our customers – but that doesn't mean we did anything wrong. We didn't." Oh, suuuure. Shares of Amazon closed today at 218.15, a drop of 2.06 (0.94%).

Amazon reaches $2.5 billion settlement with FTC over 'deceptive' Prime program

https://www.cnbc.com/2025/09/25/amaz...ettlement.html

Electronic Arts was founded by former Apple employee William "Trip" Hawkins in 1982 in San Mateo, California. Among the video game series developed and published by Electronic Arts are Army Of Two, FIFA Soccer, NBA Live, NCAA Basketball, SSX (snowboarding), Skate, Strike, Dead Space and EA Sports UFC.

Electronic Arts, video game company behind The Sims and Madden NFL to be acquired in $55 billion deal

https://www.cbsnews.com/news/electro...on-55-billion/

Kroger, founded by Bernard Kroger in 1883 in Cincinnati, owns 13 chains including Ralphs, Dillons, Fred Meyer, Fry's, Smith's, Roundy's, Harris Teeter, King Sooper and Food 4 Less and, based on revenue, is the largest supermarket operator in the United States. Shares of Kroger closed today at 67.41, a gain of 0.98 (1.48%).

Kroger expands grocery delivery partnership with DoorDash

https://www.retail-insight-network.c...very-doordash/

A majority of the 700,000,000 Americans who voted for Donald Trump for President in 2024 believed he would be better than Kamala Harris at dealing with the economy. What are they saying now? *Crickets* Trump's punitive tariffs are driving up prices, inflation is at 2.7%, last month's job losses were the worst since March 2023 and the national debt increased by $2.1 trillion in fiscal year 2025 and is now $37.6 trillion.

The US economy lost 32,000 private-sector jobs in September

https://www.cnn.com/2025/10/01/econo...port-september

MTV's first music video, August 1, 1981, was the Buggles' Video Killed The Radio Star. Now Paramount is killing MTV's music channels. Shares of Paramount Skydance closed today at 17.10, a gain of 0.10 (0.59%).

MTV to shut down music channels after 44 years as Paramount restructures global network

https://the49thstreet.com/mtv-to-shu...fter-40-years/

In 1867 in Vevey, Switzerland, pharmacist's apprentice Henri Nestlé developed farine lactée, a milk-based baby food. In 1879 he partnered with milk chocolate inventor (and his neighbor) Daniel Peter. In 1905, the Nestlé company merged with the Anglo-Swiss Condensed Milk Company. Nestlé now owns more than 2,000 brands including Nestea, Nescafé, Carnation, Gerber, Purina, Friskies, Alpo, Buitoni, Perrier and S.Pellegrino. Shares of Nestlé closed today at 107.40, a gain of 3.46 (3.33%).

Nestlé to cut 16,000 jobs as new CEO ignites 'turnaround fire'

https://www.reuters.com/business/nes...lm-2025-10-16/

Among the many assets owned by Warner Bros. Discovery are CNN, HBO, Cinemax, HGTV, TBS, TCM, TNT, Animal Planet, Cartoon Network, Geffen Pictures, New Line Cinema, DC Comics and MAD magazine.

Warner Bros. Discovery puts itself up for sale
The announcement comes after WBD previously said it would split in two.

https://www.nbcnews.com/business/med...ale-rcna238857

To quote Chicolini (Chico Marx) from the Marx Brothers' 1933 movie Duck Soup: "This is spy stuff."

ChatGPT just came out with its own web browser. Use it with caution.
ChatGPT Atlas logs which websites you visit and stores "memories" of what you look at and do on those sites.

https://www.msn.com/en-us/news/us/ch...on/ar-AA1OXhs3