13 hours ago Danielle Kaye,Business reporter and Natalie Sherman,Business reporter Reuters Starbucks has been working hard to bring back customers, promising faster service and a return its coffeehouse roots, with ceramic mugs and hand-written notes. But though sales show signs of perking up, the company is still wrestling with a years-long labour fight that threatens…
Nikhil InamdarBBC News, Mumbai Bloomberg via Getty Images India’s start-up listing rush has shown no signs of slowing down recently – and this week has been no different. One unicorn – a tech start-up valued at more than $1bn – has made its debut on the country’s stock markets, and two more are in the…
Americans may soon be paying more for their favorite Italian pasta brands — or even have trouble finding imported spaghetti — as the Trump administration eyes a new import duty on 13 of Italy’s largest pasta exporters. The proposal, published by the Commerce Department in September, would add a new 92% antidumping duty after a…
WASHINGTON, D.C. (Nov. 11, 2025) – The NFIB Small Business Optimism Index declined 0.6 points in October to 98.2 but remained above its 52-year average of 98. The Uncertainty Index fell 12 points from September to 88, the lowest reading of this year. “Optimism among small businesses declined slightly in October as owners report lower…
So far, so good. That was the tenor of Wall Street reactions to Paramount’s third-quarter earnings report, the first under the leadership of David Ellison and the entertainment company’s ownership by his Skydance Media. In a letter to shareholders, Ellison called the direct-to-consumer, or streaming, business “our top priority,” alongside “supercharging” the company’s creative output. Ellison…
As a thank you to veterans and active duty members of the U.S. armed forces, dozens of restaurants are offering free meals for Veterans Day. Check out our list below of different offers. Beverages and gratuity are not included unless noted. Most offers are good for Tuesday only. Many restaurants not listed below may have…
The Boring Company is gearing up to tackle one of its toughest projects yet, a new tunnel system beneath Nashville’s notoriously tough limestone terrain. Unlike the soft-soil conditions of Las Vegas and Austin, the Music City Loop will require a “hard-rock” boring machine capable of drilling through dense, erosion-resistant bedrock. The Boring Company’s machine for…
Masayoshi Son isn’t known for half measures. The SoftBank founder’s career has been studded with eyebrow-raising bets, each one seemingly more outrageous than the last. His latest move is to cash out his entire $5.8 billion Nvidia stake to go all in on AI. And while it surprised the business world on Tuesday, it maybe…
Wendy’s plans to close hundreds of U.S. restaurants in the coming months as revenue and profits decline, with the company citing cutbacks by lower-income consumers that it expects will persist through year’s end. On a Friday investor call, Ken Cook, Wendy’s interim CEO, didn’t disclose the exact number or locations of restaurants that it plans…
Flamekeeper. Mirrorwalker. Echo architect. These are some of the fantastical titles that people have assigned themselves after days, weeks, or months of simulated conversations with AI chatbots. David, an avid poster on Reddit’s AI forums, has a user profile that identifies him as one of this tribe. “I am here to remind, to awaken,” it…
GENEVA — A blue diamond weighing nearly 10 carats has sold at auction in Switzerland for 20.5 million Swiss francs ($26.6 million) including fees. The pear-shaped 9.51-carat “Mellon Blue” — named for the late American arts patron Rachel “Bunny” Mellon — had been expected to fetch $20-$30 million at the Christie’s auction on Tuesday. The…
A proposal for a 50-year mortgage wasn’t fully vetted by top Trump administration officials and wasn’t ready to be made public, sources told CBS News. Over the weekend, top federal housing official Bill Pulte floated the idea with President Trump, who then approved a Truth Social post. Some Trump officials this week vented their frustration…
Summary Company Announcement Date: November 11, 2025 FDA Publish Date: November 11, 2025 Product Type: Food & Beverages Foodborne Illness Reason for Announcement: Recall Reason Description Potential Foodborne Illness – Clostridium botulinum Company Name: ByHeart Inc. Brand Name: Brand Name(s) Product Description: Product Description Whole Nutrition Infant formula 24 oz cans and 0.6oz packets Company…
President Trump’s Fox News interviewers are sometimes so promotional and deferential that little gets challenged, and almost no news is ever made. However, Laura Ingraham was more strategic than that. On Monday, she sat down with Trump and scrutinized several of his policy proposals, channeling dissension within the pro-Trump ranks — and seemingly catching the…
ByHeart, a manufacturer of organic baby formula, recalled all of its products sold nationwide Tuesday, days after some batches were recalled in an expanding outbreak of infant botulism. At least 15 babies in 12 states have been sickened in the outbreak since August, with more cases pending, according to state and federal health officials. All…
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Emer MoreauBusiness reporter Shutterstock Vinted users have been reacting angrily after an update resulted in items being listed as the wrong size. The second-hand shopping app has revised its sizing categories for women’s and children’s clothes but did not contact all users about the change. Many shoppers and sellers have taken to social media saying…
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Did Tesla just make Musk the world’s first trillionaire? Almost certainly not. But that’s not what his colossal new deal is really about. No, Elon Musk is not getting a trillion dollars from Tesla. It’s not happening. Not a real thing. I’m sorry. I know you’ve seen a lot of news suggesting his new pay…
As Americans observe Veterans Day 2025 on Tuesday, restaurants and service chains across the United States are rolling out free meals, discounts, and special offers to honour veterans and active-duty personnel. From Texas Roadhouse Veterans Day deal 2025 to offers at Wendy’s, McDonald’s, IHOP, Dunkin’, and Starbucks, a wide array of establishments are extending gratitude…
Two of the world’s biggest data center developers have projects in Nvidia Corp.’s hometown that may sit empty for years because the local utility isn’t ready to supply electricity. In Santa Clara, California, where the world’s biggest supplier of artificial-intelligence chips is based, Digital Realty Trust Inc. applied in 2019 to build a data center. Roughly six years later, the development…
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Michael Burry attends the New York premiere of “The Big Short” at the Ziegfeld Theater in New York City on Nov. 23, 2015. Jim Spellman | WireImage | Getty Images Michael Burry, the investor made famous by “The Big Short” who recently roiled the market with a tech short bet, is accusing some of America’s…
‘Don’t Rush In Before Robotaxi Data Arrives,’ Says Jed Dorsheimer on Tesla Stock – TipRanks.com Advertisement Much has been made of Tesla (NASDAQ:TSLA) CEO Elon Musk’s potential $1 trillion compensation package, but one market watcher doesn’t understand what all the fuss is about. Meet Your ETF AI Analyst William Blair’s Jed Dorsheimer, an analyst who…
NEW YORK (AP) — Big Tech and other superstars of the U.S. stock market got back to rallying on Monday, and Wall Street recovered most of its loss from last week. The S&P 500 climbed 1.5% and clawed back nearly all its drop from last week, which was its first weekly loss in four. The…
CoreWeave reported third-quarter 2025 earnings, posting US$1.36 billion in sales and a net loss of US$110.12 million, alongside announcements of major new commercial agreements with CrowdStrike and VAST Data to strengthen its AI cloud capabilities. These developments highlight CoreWeave’s rapid progress in broadening its partnerships and solidifying its position in the expanding AI infrastructure market….
WASHINGTON (AP) — The longest federal government shutdown in U.S. history appears to be nearing an end, but not without leaving a mark on an already-struggling economy. About 1.25 million federal workers haven’t been paid since Oct. 1. Thousands of flights have been canceled, a trend that is expected to continue this week even as…
Warren Buffett—long known as one of the world’s most successful investors and committed philanthropists—is rethinking how his fortune will be spent. Though he no longer holds the title of world’s richest man, Buffett’s net worth sits around $150 billion, according to Bloomberg’s Billionaires Index. And at 95, he’s acknowledging that some of his earlier ambitions…
Legendary investor and Berkshire Hathaway CEO Warren Buffett will retire at year’s end after an epic 60 years in leadership. In a letter published Monday, Buffett said he’ll be “going quiet,” and will no longer write Berkshire’s annual report, nor talk “endlessly” at the annual meeting. But before he leaves, he recounted his life and…
As the everyday use of AI has exploded in recent years, so have the energy demands of the computing infrastructure that supports it. But the environmental toll of these large data centers, which suck up gigawatts of power and require vast amounts of water for cooling, has been too diffuse and difficult to quantify. Now,…
Kevin Hassett, director of the National Economic Council, took questions outside the White House on Monday, where CNN’s Kaitlan Collins asked him about the rising costs Americans continue to face. “Inflation is way down,” Hassett replied, repeating a familiar bit of Trump misinformation. “Grocery prices are up,” Collins noted. “Well, not everything. I mean, egg…
CoreWeave needed a lot of things to go right on Monday as it released third-quarter financial results, and one of the most critical was showing that its contracted future revenues could hit a $50 billion target Wall Street had set as a benchmark for the AI data-center and infrastructure operator. In its announcement, CoreWeave confirmed…
Tech companies have invested so much money in building data centers in recent months, it’s actively driving the US economy—and the AI race is showing no signs of slowing down. Meta chief Mark Zuckerberg told President Donald Trump last week that the company would spend $600 billion on US infrastructure—including data centers—by 2028, while OpenAI…