Starbucks says it’s focused on turnaround after report it explored Chipotle merger
A tie-up would reunite Starbucks CEO Brian Niccol with the company he led before he took the helm at the coffee giant.
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American Express fined $350 million for inadequate anti-money laundering controls
Regulators fined American Express (AXP) with a $350 million penalty Thursday over widespread failures in its anti-money laundering controls that left approxi...
Oracle stock falls on more debt to fund AI chip buying, OpenAI revenue disclosure
The AI build-out is getting expensive.
Mortgage rates hit 7.4 percent for first time since November 2023
Mortgage rates increased again this week, with the average 30-year rate hitting 7.4 percent for the first time since November 2023, Freddie Mac reported Thursday. The average 30-year mortgage rate rose 12 basis points from last week, when it was 7.28 percent, according to the government-sponsored company. This rate has risen for seven consecutive weeks…
Trump purchased up to $5 million of SpaceX bonds days before major space order
Just two days before launching an effort to slash red tape for commercial space transportation, President Donald Trump last month purchased up to $5 million of bonds issued by SpaceX, a major federal contractor run by Elon Musk, according to ethics filings made public on Thursday.
'Operation Economic Outcast': US sanctions two Mumbai firms, five Indians over alleged Iran oil trade
The United States on Thursday imposed sanctions on two Mumbai-based companies and five Indian nationals over their alleged involvement in the trade of
TCS Q2 revenue up 2.4% to $7.6 billion, adds 4,258 staffers
TCS Q2 revenue rose 2.4% YoY to $7.6B; TCV hit $9.6B, AI revenue topped $3.1B, headcount up 4,258, margin flat at 24%, dividend Rs 12.
Trump disclosed millions in new trades in SpaceX and Microsoft. Today, he gave medals to their CEOs.
President Trump made an array of stock trades valued at millions of dollars in August in major tech companies whose leaders have forged close ties with the p...
Oracle stock falls on more debt to fund AI chip buying, OpenAI revenue disclosure
The AI build-out is getting expensive.
3 reasons why Starbucks buying Chipotle would make zero sense
A Starbucks deal for Chipotle makes zero sense, Executive Editor Brian Sozzi writes.
Major crackdown on Green Cards: What is PERM program & which IT firms has US suspended
The US has suspended eight major technology companies, including Microsoft, Tata, Infosys and Wipro, from the Permanent Labour Certification (PERM)
Meta bulls have a new Muse stat to love. Amazon could spoil it.
It's still up and to the right for Meta Muse despite a few new stumbling blocks.
Amazon India lays off 130 employees; 400 affected in three rounds this yr
Amazon India lays off 130 in third round this year, taking total to about 400; retail, Stores and customer service roles affected, with severance offered.
Grandmother and her son gifted 2.5-acre land to his second wife, who sold it; his daughter from first marriage claimed it was ancestral, but Madras HC rejects her plea
Land disputes are a tricky matter especially when it comes to property that one person claims is ancestral, and the other as self-acquired.
Gas prices face new threat as Hurricane Isaias forces widespread Gulf oil shutdowns
Hurricane Isaias threatens to disrupt U.S. oil and gasoline production at a moment when retail gas and diesel prices are squeezing American consumers.
US visa chaos: Tata, Wipro among IT firms suspended from PERM scheme; what it means
NEW DELHI: The Trump administration has stepped up its crackdown on the US immigration system, suspending major technology companies including Cognizant,
IRS issues notices for a $1,000 retirement match. Here's who qualifies.
The Saver's Match program could add up to $1,000 a year to eligible taxpayers' retirement savings starting in 2027.
Chipotle Jumps After Report That Starbucks Has Explored Takeover
Chipotle Mexican Grill Inc. shares jumped after the Financial Times reported that Starbucks Corp. has worked with advisers in recent months on a takeover pro...