A nationwide coordinated crackdown on retail crime — what authorities are calling the first of its kind — led to hundreds of arrests in 28 states last week. The blitz, led by Illinois’ Cook County regional organized crime task force, involved more than 100 jurisdictions and over 30 retailers including…
Snacktime is nigh at the Golden Arches. On June 3, McDonald’s announced exactly when the Snack Wrap will return to partipating restaurants nationwide: July 10. And, thankfully, it’s not a limited-time offer, either — it’s here for good. The Snack Wrap, which has been off menus for almost a decade,…
Automakers worldwide voiced concerns alongside US manufacturers on Tuesday regarding China’s dominance over critical minerals, Reuters reported. The companies warned that China’s export restrictions on rare earth alloys, mixtures, and magnets risk causing significant production delays and shutdowns unless swift remedies are implemented. This situation has amplified anxieties about China’s control of…
China is in advanced discussions to place a major order for Airbus SE aircraft, with a deal potentially timed to coincide with a high-level diplomatic visit from European leaders next month, Bloomberg reported citing people familiar with the matter.Officials are deliberating an order ranging from 200 to as many as…
Russia’s economy has not collapsed under pressure. At least not yet. GDP still grows. Wages have risen.Western sanctions failed to deliver the knockout blow many expected. But appearances are deceptive. The structure that holds this war economy together is increasingly brittle, and signs are mounting that President Vladimir Putin is…
European stock markets demonstrated resilience at Wednesday’s open, trading higher despite the official implementation of US President Donald Trump’s doubled tariffs on steel imports. While the broader market found positive momentum, the steel sector itself braced for a mixed impact, with analysts predicting potential benefits for European buyers but significant…
The US Federal Reserve has removed a long-standing asset cap on Wells Fargo & Co., ending one of the harshest penalties imposed on a major American bank in recent history. The cap, set at $1.95 trillion, had been in place since 2018 following the company’s fake-accounts scandal that drew widespread…
Goldman Sachs has upgraded its rating for Yum! Brands (YUM), the global fast-food giant behind iconic names like KFC, Taco Bell, and Pizza Hut, from “Neutral” to “Buy.” This upgrade, accompanied by a maintained price target of $167, indicates a 16% upside for the stock. The upgrade signals Goldman Sachs’ increasing confidence…
Apple Inc. extended its slide in early trading on Wednesday, after investment firm Needham became the latest to downgrade the stock, citing intensifying concerns over the company’s growth trajectory, position in the artificial intelligence race, and geopolitical headwinds.Shares of the iPhone maker fell 0.6% in premarket trading. The stock has…
In a stunning corporate revival, Rolls-Royce has seen its fortunes dramatically reverse, marked by a staggering 600% jump in its share price and the achievement of profit targets a full two years ahead of schedule. This transformation, occurring just two years after newly appointed CEO Tufan Erginbilgiç delivered a stark…