Pepsi Triumphs: Secures Subway Deal, Dethrones Coke’s Dominance
Subway has become the latest front of the cola wars. Pepsi reached an agreement with the sandwich chain to become…
Nike, Micron, Lululemon: Earnings Reports Await Amid Downtrend
Dow Jones stock Nike (NKE) headlines the latest earnings calendar, along with Micron Technology (MU), but the two stocks are…
Starbucks to begin talks with Workers United union
Starbucks said Tuesday it will begin talks with the Workers United union to discuss bargaining agreements and union organizing. “We…
Alibaba Leads Record Deal to Create $2.5 Billion China AI Firm
Alibaba Group Holding Ltd. led the largest single financing round for a Chinese artificial intelligence startup, the latest in a…
Gold Demand to Hit Record With Central-Bank Buying
Total gold demand hit a record last year and is expected to expand again in 2024 as the US Federal…
Starbucks slashes sales guidance after missing the mark in Q1 earnings
Starbucks’ (SBUX) bitter earnings report doesn’t seem to have fazed its investors. The coffee giant is cutting its full year…
Alaska Air’s grounding of Boeing 737 Max 9 fleet to cost $150 million
Alaska Air Group Inc. said Thursday that it expects the grounding of its Boeing 737 Max 9 fleet to cost…
Gold prices steady as early rate-cut hopes drive strong gains
Gold prices kept to a tight range in Asian trade on Wednesday after rising optimism over early interest rate cuts…
Oil stabilises as investors watch for Red Sea developments
(Reuters) -Oil prices stabilised on Wednesday after the previous day’s strong gains as investors monitored Red Sea developments, with some…
Global 2024 staple food supplies to be strained by dry weather, export curbs
(Reuters) – High food prices in recent years have prompted farmers worldwide to plant more cereals and oilseeds, but consumers…