PepsiCo said it will cut nearly 20% of its product offerings and lower prices as part of a new plan shaped by activist investor Elliott Investment Management.
SpaceX is reportedly preparing for a mid-to-late 2026 IPO that aims to raise $30 billion at a staggering $1.5 trillion valuation, according to Bloomberg.
Ten electric or plug-in hybrid vehicles will be eligible for a $7,500 U.S. tax credit, while another seven could get $3,750 under new federal rules that go into effect on Tuesday.
House Speaker Kevin McCarthy pledged Monday to pass legislation to raise the nation's debt ceiling — but only on condition of capping future federal spending increases at 1% — as he lashed out at President Joe Biden for refusing to engage in budget-cutting negotiations to prevent a debt crisis.
U.S. Rep. George Santos, the New York Republican whose lies about his background and wealth helped propel him into office, announced Monday that he's running for reelection.
Jalen Hurts finished runner-up to Patrick Mahomes in AP NFL MVP voting and lost again to him when Mahomes' Kansas City Chiefs beat Hurts' Philadelphia Eagles in the Super Bowl.
Defending Boston Marathon champion Evans Chebet wasn't focused on beating Eliud Kipchoge, the world record holder considered the greatest marathoner of all time.
Police in New York have arrested two men for allegedly setting up a secret police station for a Chinese provincial police agency to collect information on opponents of the ruling Communist Party.
An Ohio grand jury declined to indict eight police officers who fired 94 shots in the death of Jayland Walker, a 25-year-old Black man who fired at least one round at officers during a car and foot chase last summer, the state's attorney general announced Monday.