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PepsiCo Expands Stake in Celsius with $585 Million Investment
Financial MarketsPepsiCo Investment2 hours ago

PepsiCo Expands Stake in Celsius with $585 Million Investment

PepsiCo has significantly boosted its investment in Celsius, an energy drink company, with a $585 million deal. This strategic move underscores PepsiCo's confidence in the growing energy drink market and its commitment to diversifying its product offerings, including the addition of Rockstar.

US Appeals Court Declares Trump's Tariffs Illegal
Financial MarketsTariffs2 hours ago

US Appeals Court Declares Trump's Tariffs Illegal

A US appeals court has ruled that the majority of tariffs imposed by former President Trump are illegal, raising concerns about their impact on trade policies and international relations. This landmark decision could reshape economic interactions and challenge existing trade agreements.

Spirit Airlines Files for Second Bankruptcy in a Year
Financial MarketsBankruptcy2 hours ago

Spirit Airlines Files for Second Bankruptcy in a Year

Spirit Airlines, recognized for its low-cost travel model, is filing for Chapter 11 bankruptcy for the second time within a year. This move raises significant concerns about the airline's financial health and the viability of budget air travel in the current market.

Trump Cancels $679 Million in Offshore Wind Funding
Financial MarketsWind Funding4 hours ago

Trump Cancels $679 Million in Offshore Wind Funding

President Trump has announced the cancellation of $679 million in federal funding for offshore wind projects, labeling them as wasteful. This decision is expected to hinder renewable energy initiatives and has drawn criticism from environmental advocates who argue it undermines efforts to transition to cleaner energy sources.

Challenges of Enforcing Sanctions on Iran
Financial MarketsSanctions4 hours ago

Challenges of Enforcing Sanctions on Iran

The enforcement of sanctions on Iran faces significant challenges, highlighting the necessity for unwavering commitment from Western politicians and diplomats to ensure their effectiveness.

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