Rockstar Energy founder builds Celsius stake, wants to take over as CEO
Rockstar Energy founder Russ Savage has acquired a 4.7% stake in Celsius Holdings and is calling for the replacement of its CEO following the company’s recent earnings miss.
Stoke-on-Trent based Goodwin considers selling part of defence business
Stoke-on-Trent-based engineering firm Goodwin is considering selling a substantial portion of its mechanical engineering division, which supplies components to UK and US defence and nuclear programmes.
Burger King overtakes Wendy’s as the nation’s second-largest burger chain
Burger King has reclaimed the position of second-largest burger chain in the U.S. by systemwide sales, surpassing Wendy’s after six years of competition between the two chains.
Capital One says it closed Trump Organization accounts over money-laundering concerns
Capital One asked a federal judge to dismiss a lawsuit from the Trump Organization, arguing that hundreds of bank account closures in 2021 resulted from anti-money-laundering review rather than political retaliation.
Trump administration pays back $100bn in ‘Liberation Day’ tariffs to businesses
The Trump administration has refunded $100 billion in tariffs to businesses following a February Supreme Court ruling that found the original tariff policy unlawful, representing about 60% of collected revenue.
US strikes $1.2bn deal to pay German firm to halt offshore wind projects
German energy company RWE will abandon US offshore wind projects after receiving a $1.2bn payout from the Trump administration, redirecting investment toward liquefied natural gas infrastructure.