Trump wants a US sovereign wealth fund. Here's what that could mean.
The US doesn't run a surplus like most sovereign wealth funds. But Trump's order refers to trillions in existing assets.
Stanley Black & Decker sees weak 2025 profit, prepares to blunt tariff impact
Tool maker Stanley Black & Decker on Wednesday forecast annual profit below estimates, hurt by tepid demand for its power tools, and said it was preparing measures to mitigate a hit from the recent ...
Space systems maker Karman Holdings seeks up to $2.6 bn valuation in US IPO
The company and selling shareholders aim to raise up to $421 million by offering approximately 21 million shares priced ...
Council majority wants Chief Pinion out, but supermajority needed
A majority of t City Council now want Police Chief Todd Pinion to be terminated but, with the mayor opposing termination and no supermajority, his job remains safe. At Monday's council meeting, ...