July 3, 2025 - 11:25

Martin Goebel, the owner of a furniture business in St. Louis, is facing a challenging situation with his insurance provider following a storm that caused significant damage to his roof in 2021. Goebel claims that the insurer has failed to provide adequate compensation to cover both the necessary repairs and the damages sustained by his equipment inside the building.
The insurance company has responded by raising concerns about the cause of the damage, leading to a dispute between the two parties. As negotiations have stalled, Goebel has made the decision to take the matter to court in hopes of securing the funds he believes are rightfully owed to him. This legal battle highlights the complexities that can arise between business owners and insurance companies, particularly when it comes to claims related to property damage. As the situation unfolds, many are watching closely to see how it will impact not only Goebel's business but also the broader conversation about insurance practices in times of crisis.
July 10, 2026 - 04:47
Baker Hughes CEO: Continued business tailwinds with the need for power generation and LNGLorenzo Simonelli, the chief executive of Baker Hughes, appeared on `Power Lunch` to discuss the company`s outlook, pointing to sustained business tailwinds fueled by the growing need for power...
July 9, 2026 - 04:31
The Software Business Model Is Running Out of Time—and So Are Software StocksThe era of easy money for traditional software companies is coming to an end, and Wall Street is starting to panic. According to analysts at Stifel, the old ways of selling software-think long-term...
July 8, 2026 - 00:07
George E. Johnson Sr., founder of a pioneering Black hair care business, dies at 99George E. Johnson Sr., the visionary entrepreneur who built a multimillion dollar hair care empire and broke racial barriers on Wall Street, has died. He was 99. His family confirmed he passed away...
July 7, 2026 - 02:47
Medtronic recalls heart valve delivery system due to safety riskMedtronic has announced a recall for a specific heart valve delivery system, citing a safety risk that could affect patients. The recall involves the company`s Evolut FX and Evolut PRO+ delivery...