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  • May 14, 2025

RFK Jr. Plans to Defend Health Agency Cuts Before Congress

(Bloomberg) -- Health and Human Services Secretary Robert F. Kennedy Jr. plans to defend his decisions to cut thousands of staff and gut whole swaths of the federal health agency in one of his first appearances before Congress since taking office. Most Read from BloombergAs Coastline Erodes, One California City Considers ‘Retreat Now’A New Central Park Amenity, Tailored to Its East Harlem NeighborsPower-Hungry Data Centers Are Warming Homes in the NordicsHow a Highway Became San Francisco’s Newe

  • May 14, 2025

ROCK Q1 Earnings Call: Revenue Misses Expectations, Profitability Exceeds Estimates Amid Industry Uncertainty

Renewable energy and infrastructure solutions provider Gibraltar Industries (NASDAQ:ROCK) fell short of the market’s revenue expectations in Q1 CY2025, with sales flat year on year at $290 million. On the other hand, the company’s outlook for the full year was close to analysts’ estimates with revenue guided to $1.43 billion at the midpoint. Its non-GAAP profit of $0.95 per share was 17.8% above analysts’ consensus estimates.

  • May 14, 2025

PayPal (PYPL) Unleashes ‘Agentic Commerce’ Following Benign SEC Probe and Solid Q1

PayPal Holdings (PYPL) stock is marching higher following the end of a highly contentious SEC probe. Since announcing the end of the SEC’s investigation at the start of May, PYPL stock has climbed ~30%. For PayPal, the end of the SEC’s probe removes a key regulatory overhang and paves the way for the leading tech platform to push deeper into blockchain-based payments and crypto. The company launched its branded stablecoin on the Ethereum network in 2023 as a dollar-pegged stablecoin backed by sh

  • May 14, 2025

Exclusive-Ketchup maker Kraft Heinz investing $3 billion upgrading US manufacturing

NEW YORK (Reuters) -Kraft Heinz is spending $3 billion to upgrade its U.S. factories, its largest investment in its plants in a decade, even as executives say consumer sentiment is at its second-lowest point in 70 years, and it has cut sales and profit forecasts. The upgrades will help lower costs by making the plants more efficient, which in turn may help offset President Donald Trump's tariffs, which factored into the company's decision to make the investment, said Pedro Navio, Kraft Heinz's president of North America, in an interview with Reuters. The investment also allows the packaged food maker to come up with and sell new products faster, he said.

  • May 14, 2025

Mesa Air: Fiscal Q4 Earnings Snapshot

PHOENIX (AP) — Mesa Air Group Inc. MESA) on Wednesday reported a loss of $24.9 million in its fiscal fourth quarter. The Phoenix-based company said it had a loss of 60 cents per share.

  • May 14, 2025

5 Timeless Warren Buffett Quotes That Could Transform Your Investment Approach and Grow Your Wealth

Warren Buffett has uttered lots of words of wisdom, but they're more than just sound bytes. Since Buffett took over Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) in 1965, it has returned an average annualized rate of 19.9% versus 10.4% for the S&P 500, or a total of 5,502,284% versus 39,054%. There are so many Buffett gems, but here is a curated list of actionable quotes that could help you achieve investing success.

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