From cheese recalls to Klarna's IPO, this week in business had it all
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From cheese recalls to Klarna's IPO, this week in business had it all
"This week served up a sampler platter of business stories with a little bit of everything: food recalls that had shoppers double-checking the fridge, a high-stakes immigration raid that spilled into international diplomacy, and a splashy fintech IPO testing investor appetite. Housing data hinted that the balance of power is (slowly) tilting back toward buyers in parts of the country, while a blue-chip tech veteran reminded Wall Street that AI demand can paper over a messy quarter."
"There's a common thread running through it all: resilience under pressure. Food companies are racing to pull risky products before they cause harm; automakers and suppliers are navigating the fine print of U.S. work visas; and growth-hungry firms are courting the public markets even as valuations come back to earth. At the same time, nonprofits are turning into content studios to build community (and revenue), builders are using incentives to keep homes moving, and investors are trying to separate real AI tailwinds from hype."
Multiple cheese products from Middlefield Original Cheese Co-Op and Sunrise Creamery were flagged for Listeria on finished product and cutting equipment, including Gouda, Swiss, pepper Jack, and shredded blends with sell-by dates into 2026; consumers were asked to return or discard affected items and check long-dated pantry packs, with no illnesses reported. An immigration enforcement raid in Georgia detained roughly 300 South Korean workers at a battery site tied to a $4.3 billion Hyundai project, prompting diplomatic fallout. Housing data showed a slow shift toward buyers in some regions. A blue-chip tech firm relied on AI demand to offset a weak quarter. Argentina's markets swung on political uncertainty. Nonprofits, builders, automakers, suppliers, and investors all adapted tactics under pressure.
Read at Fast Company
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