Latest News Updates From Michelle Chapman

BusinessPrivate

Lowe’s to Buy Foundation Building Materials for $8.8 Billion

Lowe's and rival °®¶¹´«Ã½ Depot have intensified their focus on professional builders.

August 20, 2025
BusinessPrivate

°®¶¹´«Ã½ Depot’s Sales Improve as Customers Choose Small Projects

Sales at stores open at least a year, a key indicator of a retailer’s health, rose 1%. In the U.S., comparable store sales increased 1.4%.

August 19, 2025
GovernmentBusinessTechnology

Tesla Awards Musk Shares Valued at $29 Billion

A judge in December reaffirmed an earlier ruling that Tesla must revoke Musk’s multibillion-dollar pay package.

August 4, 2025
BusinessFuel

Exxon Mobil, Chevron Profits Dip to Lowest Level in 4 Years

Oil prices slumped as OPEC+ ramped up production.

August 1, 2025
GovernmentBusinessFuel

Chevron Gets Approval for $53 Billion Acquisition of Hess

Chevron has scored a critical ruling in Paris that has given it the go-ahead for a $53 billion acquisition of Hess and access to one of the biggest oil finds of the decade.

July 18, 2025
GovernmentBusinessTechnologyEquipment

Tesla Shares Take a Hit as Trump-Musk Feud Reaches Boil

Tesla shares slumped July 1 as the war of words between Elon Musk and President Donald Trump over the tax bill and spending cuts heats up, with Musk saying he may form a new political party.

July 1, 2025
GovernmentBusinessEquipment

GM to Invest $4B to Shift Some Production From Mexico to US

GM announced plans to invest $4 billion to shift some production from Mexico to U.S. manufacturing plants as the automaker navigates tariffs that could drive prices higher.

June 11, 2025
BusinessPrivate

Procter & Gamble to Cut Up to 7,000 Jobs

Procter & Gamble will cut up to 7,000 jobs over the next two years as the maker of Tide and Pampers wrestles with tariff-related costs and customers who have grown anxious about the economy.

June 5, 2025
GovernmentBusinessPrivateTop 100

Dollar General Posts Record Sales as Shoppers Pinch Pennies

Dollar General set a quarterly sales record of $10.44 billion and upgraded its annual profit and sales outlook as Americans tighten their budgets and spend more at bargain stores.

June 3, 2025
BusinessPrivate

°®¶¹´«Ã½ Depot Revenue Rises as Customers Tackle Small Projects

°®¶¹´«Ã½ Depot’s revenue climbed in the first quarter as customers spent slightly more as they tackled smaller projects.

May 20, 2025