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BUSINESSSep 17Swiss Water to expand Delta facility with $6.2M investment to meet chemical-free demandSwiss Water plans to invest $6.2 million to expand its Delta facility, aiming to meet the demand for chemical-free products. This represents a business expansion driven by consumer preference.Seeking Alpha Tech
BUSINESSSep 17Kroger says cyclosporiasis outbreak cost over $100M in lost salesKroger has reported over $100 million in lost sales due to a cyclosporiasis outbreak. This indicates a significant financial impact from a foodborne illness incident.Seeking Alpha Tech
BUSINESSSep 17Peter Navarro says Fed’s rate raise is ‘a bad decision’White House adviser Peter Navarro on Wednesday blasted the Federal Reserve’s move to raise interest rates in several years, calling it “a bad decision.” The central bank’s Federal Open Market Committee (FOMC), led by Fed Chair Kevin Warsh, voted unanimously to increase the central bank’s benchmark interest rate to a range of 3.75 percent to 4 percent. Warsh…The Hill
BUSINESSSep 17Paramount eyeing California exit as it looks for office space in Nashville, report saysLos Angeles Mayor Karen Bass and California Attorney General Rob Bonta were reportedly alerted to an impending exit announcement, though the deadline passed without a formal statement from the studioThe Independent World
BUSINESSSep 17Travis Kelce was among the victims of a man’s multi-million dollar Ponzi schemeKansas City Chiefs tight end Travis Kelce was among the victims of a man sentenced to 11 years in prison after he admitted to running what prosecutors described as a Ponzi scheme that defrauded investors around the country.NBC News
BUSINESSSep 16Fed raises interest rates, a sign of concern about rising prices: "Inflation is too high"The Federal Reserve raised interest rates for the first time in three years on Wednesday, a sign of concern about rising prices. Meanwhile, the cost of diesel fuel hit a new record on Wednesday, for the eighth day in a row. Nancy Cordes reports on rising prices and Kelly O'Grady has more details on the Fed's decision.CBS News
BUSINESSSep 16Trump says interest rates should be at "1% or less" as Fed hikes them for first time since 2023The Federal Reserve boosted interest rates for the first time since July 2023 on Wednesday. CBS News' Richard Escobedo and Natalie Brand have the details.CBS News
BUSINESSSep 16Fed raises interest ratesThe Fed chair appointed by President Trump raised interest rates to combat inflation. President Trump said he has confidence in Kevin Warsh and wants him to be independent. NBC News’ Brian Cheung reports.NBC News
BUSINESSSep 16What to know about US Federal Reserve’s first interest rate hike in 3 yearsThe unanimous decision comes as prices have remained stubbornly high and despite Trump's demands for lower rates.Al Jazeera [en]
BUSINESSSep 16Investment firm leader gets 11 years for Ponzi scheme that bilked dozens, including Travis KelceThe creator of a Texas-based investment company has been sentenced to 11 years in federal prison for running a Ponzi scheme that prosecutors say bilked dozens of people, including Kansas City football star Travis KelceThe Independent World
BUSINESSSep 16Travis Kelce named as victim in alleged multi-million dollar Ponzi schemeTravis Kelce was named in court as one of the victims of Siddharth Jawahar, who defrauded investors of more than $35 million. NBC News' Gary Grumbach reports on Kelce's connection to Jawahar's investment firm, Swiftarc Ventures.NBC News
BUSINESSSep 16Why the Fed hiked interest rates this monthThe Federal Reserve changed course and raised interest rates Wednesday for the first time since 2023. The rate hike will be an increase of 0.25 percentage points, bringing its target range to between 3.75% and 4%. Greg Robb, MarketWatch senior reporter and economics editor, joins CBS News with more.CBS News
BUSINESSSep 16Federal Reserve delivers unwelcome news to TrumpPresident Trump received unpleasant news on Wednesday after Federal Reserve Chair Kevin Warsh moved to raise interest rates despite the president’s calls for rates to come down.  The Federal Reserve announced on Wednesday that it will hike interest rates by 0.25 percent to 4.0 percent, marking the first time the body has raised rates in…The Hill
BUSINESSSep 16Examining the Fed's reasons for raising interest rates after 3 yearsThe Federal Reserve on Wednesday raised interest rates by one-quarter of a percentage point in its first rate increase since 2023. CBS News' Kelly O'Grady and Nancy Cordes report.CBS News
BUSINESSSep 16Evolve Automobile Innovation Index ETF declares CAD 0.025 dividendThe Evolve Automobile Innovation Index ETF has announced a dividend payment of CAD 0.025. This is a routine financial distribution for its shareholders.Seeking Alpha Tech
BUSINESSSep 16Evolve US Banks Enhanced Yield ETF Unhedged USD declares $0.14 dividendThe Evolve US Banks Enhanced Yield ETF Unhedged USD has announced a dividend of $0.14. This is a routine financial announcement for the exchange-traded fund.Seeking Alpha Tech
BUSINESSSep 16US Federal Reserve defies Trump with interest rate hikeThe US Federal Reserve has raised its key interest rates for the first time in three years, as it seeks to bring down high inflation. The policy decision sets up a potential confrontation between Chairman Kevin Warsh and President Donald Trump, who has repeatedly called on the central bank to cut interest rates. Also in the show - France extends fuel subsidies as fishermens' protests gather momentum, and Hong Kong seeks to fall in line with Beijing's economic vision.France 24 [en]
BUSINESSSep 16Warsh says Fed cares ‘very much’ about AI developmentsFederal Reserve Chair Kevin Warsh said Wednesday the central bank is keeping tabs on rapidly developing artificial intelligence (AI) models. “We care very much about what’s happening in artificial intelligence,” Warsh told reporters, after the Federal Open Market Committee raised interest rates by a quarter point. The Fed chair noted he is interested in how…The Hill
BUSINESSSep 16On shores of Lake Ontario, the Toronto International Film Festival bristles at Trump's trade warThe 51st Toronto International Film Festival has unspooled against a backdrop of rising tensions between the U.S. and Canadian governments, though it would be hard to tell it…Japan Today
BUSINESSSep 16Evolve Big Six Canadian Banks UltraYield Index ETF declares CAD 0.27 dividendEvolve Big Six Canadian Banks UltraYield Index ETF has declared a dividend of CAD 0.27. This is a routine financial announcement for the investment fund.Seeking Alpha Tech
BUSINESSSep 16Evolve Canadian Equity UltraYield ETF (CAD-Un) declares CAD 0.21 dividendEvolve Canadian Equity UltraYield ETF (CAD-Un) has declared a dividend of CAD 0.21. This is a routine financial announcement for the investment fund.Seeking Alpha Tech
BUSINESSSep 16Evolve US Equity UltraYield ETF (CAD-Hedged) declares CAD 0.20 dividendEvolve US Equity UltraYield ETF (CAD-Hedged) has declared a dividend of CAD 0.20. This is a routine financial announcement for the investment fund.Seeking Alpha Tech
BUSINESSSep 16Amazon obtains right to buy stock in Generac, boosting power company's share price by over 40%Amazon was granted warrants to buy up to $340 million worth of Generac stock as part of a deal to supply backup power generators for its data centers.CNBC
BUSINESSSep 16Cuba puts new higher denomination banknotes into circulation in a context of inflation and crisisThe Cuban Central Bank introduces 10,000 and 20,000 peso banknotes to face inflation and facilitate daily transactions. The measure arises amid an economic crisis aggravated by external restrictions and soaring prices, affecting daily life on the island.Clarín
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