Apple is planning to invest big in the U.S. economy over the next five years. The company announced a $350 billion dollar investment, including the construction of a new campus and the addition of 20,000 new jobs. President Donald Trump is taking credit for this move because of the new tax reform legislation.
Amazon announces a list of 20 candidates for its HQ2. Some of the cities still in the running are Atlanta, Washington D.C., Miami, Los Angeles, and Chicago, just to name a few. The company will make a final decision later this year.
Carter Reum, entrepreneur and author of the new book "Shortcut Your Startup," joins us to share his tips on turning your idea into a successful business. Reum and his brother Courtney have invested in a number of successful startups such as Lyft, Pinterest, and SpaceX. He tells aspiring entrepreneurs to keep a close eye on crowdfunding platforms such as Crowdfunder and CircleUp for good investment advice.
Plus, we get the latest on the fight to preserve net neutrality. Sarah Morris, Director of Open Internet Policy at New America's Open Technology Institute, talks about the lawsuits now facing the FCC in response to its decision to repeal Obama-era regulations.
Nestlé has dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate. The company announced on Monday that the dismissal was effective immediately. An investigation found that Freixe violated Nestlé’s code of conduct. He had been CEO for a year. Philipp Navratil, a longtime Nestlé executive, will replace him. Chairman Paul Bulcke stated that the decision was necessary to uphold the company’s values and governance. Navratil began his career with Nestlé in 2001 and has held various roles, including CEO of Nestlé's Nespresso division since 2024.
Kraft Heinz is splitting into two companies a decade after they joined in a massive merger that created one of the biggest food companies on the planet. One of the companies will include brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese. The other will include brands like Oscar Mayer, Kraft Singles and Lunchables. When the company formed in 2015 it wanted to capitalize on its massive scale, but shifting tastes complicated those plans, with households seeking to introduce healthier options at the table. Kraft Heinz's net revenue has fallen every year since 2020.
About 780,000 pressure washers sold at retailers like Home Depot are being recalled across the U.S. and Canada, due to a projectile hazard that has resulted in fractures and other injuries among some consumers.
President Donald Trump has fired one of two Democratic members of the U.S. Surface Transportation Board to break a 2-2 tie ahead of the board considering the largest railroad merger ever proposed.
