Full Return to Office Now Required by Majority of Fortune 100
In the waning days of the return-to-office debates of 2024, we laid out a theory as to why this topic remained so gripping for so many (plot! pacing! characters! tension!) even as the data on where work happens suggested it was time to move on. At that point, a third of US firms were fully back in the office, a quarter were fully flexible, and 43% offered hybrid schedules, according to Flex Index.
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16 minutes ago
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EU-US Trade Agreement Now Hinges Mostly on Trump's Verdict
(Bloomberg) -- After months of intensive talks and shuttle diplomacy, a trade agreement between the European Union and the US now rests mostly on Donald Trump. Trump Awards $1.26 Billion Contract to Build Biggest Immigrant Detention Center in US The High Costs of Trump's 'Big Beautiful' New Car Loan Deduction Can This Bridge Ease the Troubled US-Canadian Relationship? Salt Lake City Turns Winter Olympic Bid Into Statewide Bond Boom Trump Administration Sues NYC Over Sanctuary City Policy European Commission President Ursula von der Leyen will travel to Scotland to meet the US president on Sunday, as the two sides aim to conclude a deal ahead of Friday's deadline, at which point 30% tariffs on the bloc's exports to the US are otherwise due to kick in. 'Intensive negotiations at technical and political have been ongoing,' said Paula Pinho, von der Leyen's spokesperson. 'Leaders will now take stock and consider the scope for a balanced outcome that provides stability and predictability for businesses and consumers on both sides of the Atlantic.' EU officials have repeatedly cautioned that a deal ultimately rests with Trump, making the final outcome difficult to predict. The US president recently negotiated with Japan and appeared to change certain final terms on the fly before a deal was eventually agreed earlier this week. The EU and US have been zeroing in on an agreement over the past week that would see the EU face 15% tariffs on most of its trade with the US. Limited exemptions are expected for aviation, some medical devices and generic medicines, several spirits, and a specific set of manufacturing equipment that the US needs, Bloomberg previously reported. Steel and aluminum imports would likely benefit from a quota under the arrangements under discussion, but above that threshold they would face a higher tariff of 50%. Alongside a universal levy, the US president has hit cars and auto parts with a 25% levy, and steel and aluminum with double that. He's also threatened to target pharmaceuticals and semiconductors with new duties as early as next month, and recently announced a 50% tariff on copper. The EU is expecting the same 15% ceiling on some sectors that could be the target of future tariffs, including pharmaceuticals, according to people familiar with the matter. But that's one of the key points where Trump's position will be crucial to a deal being sealed, the people added. 'We'll see if we make a deal,' Trump said as he arrived in Scotland on Friday. 'Ursula will be here, highly respected woman. So we look forward to that.' Trump reiterated that he believed there's 'a 50-50 chance' of a deal with the EU, saying there were sticking points on 'maybe 20 different things' that he didn't want to detail publicly. 'That would be actually the biggest deal of them all if we make it,' the president said. Trump gave similar chances of an agreement with European negotiators before leaving Washington, but also said the EU had a 'pretty good chance' of reaching an agreement. The US president announced tariffs on almost all US trading partners in April, declaring his intent to bring back domestic manufacturing, pay for a massive tax-cut extension, and stop the rest of the world from — as Trump has characterized it — taking advantage of the US. In addition to levies, any agreement would cover non-tariff barriers, cooperation on economic security matters, and strategic purchases by the EU in sectors such as energy and artificial intelligence chips, Bloomberg previously reported. The bloc has also offered to remove tariffs on many industrial goods and non-sensitive agricultural imports. The terms of any initial deal, which is likely to take the form of a short joint statement if agreed upon, would need to be approved by member states, some of the people said. The statement would be seen as a stepping stone toward more detailed talks. Because of the ongoing uncertainty, the EU has in parallel sketched out countermeasures in the event of a no-deal scenario. That would see it quickly hit American exports with up to 30% tariffs on some €100 billion ($117 billion) worth of goods — including Boeing Co. aircraft, US-made cars and bourbon whiskey — in the event of a no-deal, and if Trump carries through with his threat to impose that rate on most of the bloc's exports after Aug. 1 or in future. The package also includes some export restrictions on scrap metals. In a no-deal scenario, the bloc is also prepared to move forward with its anti-coercion instrument, a potent trade tool that would eventually allow it to target other areas such as market access, services and restrictions on public contracts, provided a majority of member states backs its use. While Trump didn't explicitly link negotiations to non-trade matters on Friday, he did suggest that he planned to raise concerns over migration flows. Trump has imposed strict anti-immigration policies since returning to office, carrying out a mass deportation effort of those in the US illegally while also narrowing pathways to legally move to the US. 'You got to stop this horrible invasion that's happening to Europe, many countries in Europe,' Trump said, adding that he believed 'this immigration is killing Europe.' --With assistance from Josh Wingrove. 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33 minutes ago
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Kroger names new secretary and general counsel
This story was originally published on Grocery Dive. To receive daily news and insights, subscribe to our free daily Grocery Dive newsletter. Dive Brief: Kroger announced Tuesday that George Vincent will join the company as its secretary and general counsel, effective Aug. 4. Vincent will take over the role from Christine Wheatley, who is retiring after 17 years with the grocer. Vincent's hiring marks the latest top leadership change at the grocery company following its failed attempt to merge with Albertsons and the departure of Rodney McMullen from the CEO position. Dive Insight: Cincinnati-based Kroger is bringing on an attorney from a well-known law firm in the grocer's backyard. Vincent, who is a partner at Dinsmore & Shohl in Cincinnati, has overseen significant expansion and led many of the law firm's strategic efforts, the announcement noted. As board chair, he oversaw more than 750 lawyers who are licensed across 35 states and Washington, D.C. He also served as the firm's managing partner from 2007 to 2022. Vincent "is a widely respected attorney and a trusted advisor to a wide range of companies and boards of directors," Ron Sargent, chairman and interim CEO of Kroger, said in the announcement. "He has decades of experience helping businesses grow and managing complex regulatory environments." Wheatley, who is retiring on Sept. 1, joined Kroger in 2008 and has served as general counsel and secretary since 2014. Along with McMullen's sudden exit following an ethics investigation, Kroger has seen a string of top executive changes so far this year, including a new CFO, senior vice president of retail divisions and division presidents for Smith's, King Soopers and Food 4 Less. Earlier this month, Kroger also announced it is consolidating its Dallas and Houston operations with Rudy DiPietro, Dallas division president, at the helm. In March, Kroger promoted Yael Cosset to head up its newly formed business unit centered on its online operations. Former Chief Merchandising and Marketing Officer Stuart Aitken departed Kroger last year to become president and CEO of Circana, while Cara Pratt, who served as senior vice president of media, insights and loyalty, left earlier this year to become the president of global retail and media at the data firm. Recommended Reading Kroger CEO Rodney McMullen resigns after ethics review
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Top Wind Energy Stocks That Will Drive Long-Term Portfolio Growth
An updated edition of the Jun 11, 2025 energy is increasingly recognized for its significant role in combating climate change, reducing carbon emissions and enhancing energy security globally. Among various alternative energy sources, wind power has emerged as a key driver of the clean energy power capacity in the United States has grown significantly over the past couple of decades, rising from 2.4 gigawatts (GW) in 2000 to more than 153 GW in 2024. Per a report by the International Energy Agency (IEA), wind power output increased 6.4% year over year in 2024, accounting for 10% of total U.S. utility-scale electricity generation. The lucrative tax credits, coupled with cost reductions in wind energy production led by technological advancements, have rekindled wind project has been a major swing in the U.S. generation mix over the years, driven by the significant growth in wind generation capacity. Per the U.S. Energy Information Administration (EIA) report, wind power accounted for approximately 27% of capacity additions on average to the U.S. power system since wind energy market is capitalizing on several favorable trends, including growing electricity demand driven by Artificial Intelligence (AI)-powered data centers, widespread adoption of electric vehicles (EV) and rapid industrialization. Per the latest Short-Term Energy Outlook published by the U.S. Energy Information Administration (EIA), the U.S. grid is projected to add 7.7 GW of wind generation capacity in 2025, reflecting an increase from 5.1 GW added last projected increase will be supported by large offshore wind projects, including the 800-megawatt (MW) Vineyard Wind 1 in Massachusetts and the 715-MW Revolution Wind in Rhode Island. States like Texas, Massachusetts and Wyoming will see nearly half of 2025 wind capacity wind energy companies like Dominion Energy, Inc. D, DTE Energy Company DTE, Brookfield Renewable Partners L.P. BEP and Arcosa, Inc. ACA present compelling opportunities for investors, given their strong foothold in the market, research and development capabilities and market expansion. As clean energy technologies evolve, they are set to capitalize on growth opportunities and provide lucrative investment prospects. Our Wind Energy Screen helps identify stocks with high growth potential in this dynamic sector. 4 Wind Energy Stocks to Keep an Eye On Arcosa is a well-known provider of infrastructure-related products and services that serve the energy, construction and transportation markets. The company's Engineered Structures business provides wind towers, utility structures and telecommunication structures for wind power generation, electricity transmission and distribution, and wireless communication Zacks Rank #2 (Buy) company's Engineered Structures business continues to witness strong demand for its wind towers and engineered structures. Robust orders for its utility structures, driven by increasing grid hardening and reliability initiatives, have been driving its performance. The passage of the Inflation Reduction Act (IRA) has been a significant growth catalyst for ACA's wind towers business. Since the passage of the act, Arcosa has grabbed $1.1 billion worth of new orders through 2028. A significant portion of these orders will cater to the wind energy expansion projects in the significant growth in new orders and a strong backlog level led Arcosa to open a new plant in New Mexico and it started delivering towers from the facility in the second quarter of 2024. The company remains well-placed to benefit from the growing requirement for load enhancements in the United Energy, together with its subsidiaries, produces and transports energy in the United States. It is a major energy company engaged in regulated and non-regulated electricity distribution, generation and transmission businesses. The company has a portfolio of nearly 30,300 MW of electric-generating capacity, 10,600 miles of electric transmission lines and 79,700 miles of electric distribution Energy has a well-chalked-out long-term capital expenditure plan to strengthen and expand its infrastructure. After spending $6 billion in the 2018-2022 period, the company plans to invest $10.8 billion in 2025 and $50 billion in the 2025-2029 period to further strengthen its operations. Its long-term objective is to operate more battery storage, solar, hydro and wind (offshore as well as onshore) projects by 2036 and increase the renewable energy capacity by more than 15% per year, on average, over the next 15 2035, the Zacks Rank #2 company also intends to make zero and low-emitting resources accountable for 99% of its electric generation. The company is working on offshore wind projects and battery storage projects to lower Renewable Partners owns and operates several renewable power generating facilities. The company's power generating portfolio is comprised of hydroelectric generating, wind facilities and natural gas-fired plants. It has operations in the United States, Canada and Zacks Rank #2 company's exposure in wind and utility-scale solar generation sectors has been enabling it to capitalize on the growing opportunities across the renewable power sectors, with high cash margins and minimum fuel input cost. BEP has a target of $8-$9 billion investment over the next five years and intends to raise its funds from operations (FFO) per unit by more than 10% on an annual basis in the long Renewable has a strong development pipeline, with a massive 200 GW worth of projects. Also, its pace of commissioning projects is tracking toward 10 GW a year, which is expected to grow in the coming years. Also, its renewable energy framework deal with Microsoft to provide more than 10.5 GW of clean energy capacity between 2026 and 2030 holds Energy is a diversified energy company that develops and manages energy-related businesses and services. The company has been investing steadily to enhance its renewable generation assets. DTE aims to invest more than $10 billion in the clean energy transition over the next 10 promote clean energy, DTE has its MIGreen Power program, through which it offers its customers the option to source their energy usage from renewables. This program aims to substantially accelerate the development of new wind and solar projects across 2026, DTE Energy aims to add more than 1,000 MW of new clean energy projects to meet this program's demand. Such clean energy-related initiatives should enable DTE to meet its carbon emission reduction target. Notably, this Zacks Rank #3 (Hold) company plans to reduce carbon emissions of its electric utility operations by 65% in 2028, 85% in 2032 and 90% by 2040 from the 2005 can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report DTE Energy Company (DTE) : Free Stock Analysis Report Dominion Energy Inc. (D) : Free Stock Analysis Report Brookfield Renewable Partners L.P. (BEP) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
