Category: Corporate Wins/Losses

Wendy’s closed out 2025 with its steepest quarterly sales decline in recent memory, reporting a double-digit drop in U.S. same-restaurant sales during the fourth quarter. As the fast-food chain scrambles to reverse the slide with internal turnaround plans, PETA has jumped in with an unsolicited prescription: add vegan chicken to the menu. The collision of…

Amazon has begun warning shoppers that rising import costs will soon show up in the prices they pay at checkout, as two overlapping U.S. trade policies close off the main channels retailers and overseas sellers once used to keep goods cheap. A 10% global tariff taking effect on February 24, 2026, combined with the already-enforced…

The gap between what American corporations earn and what they pay their workers has reached a record high, according to federal data and multiple economic analyses published this month. Corporate profits as a share of GDP hit a historic peak while labor’s share of national income fell to record lows, creating what one economist described…

Public Storage, the largest self-storage operator in the United States, is moving its corporate headquarters from Glendale, California, to Frisco, Texas, joining a growing list of major companies that have abandoned the Golden State for the Lone Star State. The company framed the decision as part of a broader strategic overhaul called PS4.0, which also…

Amazon is committing $12 billion to build AI-optimized data centers in northeast Louisiana, a bet that would rank among the largest single infrastructure investments in the state’s history. The project places Louisiana at the center of a fierce national competition for AI computing capacity, where cheap electricity and open land have become prized assets. But…

Amazon is funneling approximately $12 billion into two data center campuses in Louisiana’s Caddo and Bossier parishes, with construction set to begin in the coming weeks. The deal, built by developer STACK Infrastructure, carries promises of up to 1,500 construction jobs and 540 permanent positions, but its real significance lies in the accountability framework wrapped…

JPMorgan Chase & Co. plans to spend roughly $19.8 billion on technology in 2026, up from about $18 billion budgeted for 2025, as the largest U.S. bank by assets accelerates its push into artificial intelligence, cybersecurity, and digital infrastructure. The spending increase, disclosed in SEC filings and discussed at the firm’s investor day, arrives at…

FedEx filed a lawsuit on February 23, 2026, at the U.S. Court of International Trade, demanding a full refund of all duties it paid under the International Emergency Economic Powers Act after the Supreme Court struck down those tariffs last week. The company, acting both as importer of record and through its customs brokerage arm,…

Federal Express Corp. and FedEx Logistics, Inc. have filed a lawsuit in the U.S. Court of International Trade demanding a full refund of every dollar paid in tariff duties imposed under the International Emergency Economic Powers Act during the Trump administration, plus interest. The suit, which names the United States, U.S. Customs and Border Protection,…

ExxonMobil is pressing the U.S. Supreme Court to force Cuban state entities to pay more than $1 billion in compensation for oil and gas assets seized during the Cuban Revolution, a claim rooted in a 1960 confiscation that has gone unresolved for over six decades. The case, which reached oral argument on February 23, 2026,…