Finance
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Starbucks CEO Brian Niccol admits the chain ‘ran like a manufacturing facility’
When Brian Niccol took over as CEO of Starbucks 18 months ago with the intention to return the company to…
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Trump despises wind farms so much he’s paying a French energy giant $1 billion to stop building them
Big Oil giant TotalEnergies will eliminate nearly $1 billion in offshore wind projects planned along the U.S. East Coast under…
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Musk misled Twitter investors before 2022 buyout, jury says
Elon Musk defrauded Twitter Inc. investors when he disparaged the company in 2022 in an effort to buy the social…
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McDonald’s newest $3 value menu is sounding an alarm about America’s K-shaped economy
McDonald’s is rolling out its cheapest value menu in years, a move that could speak more to the state of…
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US debt competes with record corporate bond supply, pushing up the cost of federal borrowing
The AI capital expenditure boom has created a gusher of corporate debt, forcing the Treasury Department to make its bonds…
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‘Peak war panic’ will likely hit markets in 1-3 weeks, as Trump balks at ceasefire deal
The S&P 500 is only down 3% so far this year and 5% off its all-time high, still far from…
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Asia rolls out 4-day weeks, work-from-home to solve fuel crisis caused by Iran war
Closed schools. Work-from-home demands. Price caps. Asia’s governments are scrambling to manage a fuel shortage caused by high oil prices…
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U.S. is entering a financial crisis more indebted than ever. Here’s a warning Washington is ignoring
The U.S. has never been more financially exposed heading into a potential economic crisis. With the national debt now equal…
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Oil prices soar past $110 and Dow futures sink 1000 points as Iran war spirals into worst-case fears
Just over a week into the U.S.-Israeli war on Iran, Wall Street has started to price in a prolonged conflict,…
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House votes 219-212 to halt Trump’s attacks on Iran. “Donald Trump is not a king,” says Dem
It’s the second vote in as many days, after the Senate defeated a similar measure along party lines. Lawmakers are confronting the…
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