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McDonald’s, Wendy’s, Burger King vie for low-income diners
The McDonald’s logo is displayed at a McDonald’s restaurant in Burbank, California, on July 22, 2024. Mario Tama | Getty Images Subway started phasing out its $5 footlong sandwiches a decade ago. But these days, other fast-food chains have revived the $5 price point, hoping to win over customers who have cut back their spending.…
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India funds, South Korea PPI
A general view of the Lotte tower amid the the Seoul city skyline and Han river during sunset. Ed Jones | Afp | Getty Images Asia-Pacific markets traded mixed on Tuesday after Wall Street looked past political uncertainty to log gains overnight. Australia’s S&P/ASX 200 inched up 0.61%. Japan’s Nikkei 225 was 0.09% lower and the…
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United (UAL) earnings Q2 2024
United Airlines planes at Denver International Airport. Leslie Josephs | CNBC United Airlines‘ second-quarter profit rose more than 20% from last year as strong demand for international travel boosted the carrier’s results, but its third-quarter forecast came in shy of estimates as an oversupply of flights weighs on fares. United said Wednesday that it expects…
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Elon Musk’s X deceives customers and breaches on-line content material guidelines, EU says
Elon Musk, chief executive officer of SpaceX and Tesla and owner of X, speaks at the Milken Conference 2024 in Beverly Hills, California, May 6, 2024. David Swanson | Reuters The European Commission on Friday accused Elon Musk’s X of deceiving users and infringing digital content rules, putting the social media giant at risk of…
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Biden ABC interview fails to quell 2024 reelection considerations
President Joe Biden speaks to supporters during a campaign rally at Sherman Middle School on July 05, 2024 in Madison, Wisconsin. Scott Olson | Getty Images President Joe Biden did not assuage Democratic anxieties about his 2024 reelection bid against former President Donald Trump during a highly-anticipated ABC News interview on Friday night, his first…
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Götene, Sweden is promoting land at simply 9 US cents per 10 sq. toes
Götene, about 200 miles from Stockholm, is selling plots of land starting at 1 krona per square meter or nine US cents per 10 square feet. Buyers must build a home on the land with plans to either live there permanently or use it as a vacation property, according to CNN. Götene’s mayor, Johan Månsson,…
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Volkswagen takes $1 billion stake in EV maker
Workers assemble second-generation R1 vehicles at electric automaker Rivian’s manufacturing facility in Normal, Illinois, on June 21, 2024. Joel Angel Juarez | Reuters Volkswagen Group plans to invest up to $5 billion in electric vehicle startup Rivian, starting with an initial investment of $1 billion. The additional $4 billion is expected by 2026. It includes…
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S&P crosses 5,500, Japan CPI
Pedestrians cross an intersection in the Shibuya district of Tokyo, Japan, on Tuesday, April 25, 2023. Photographer: Kentaro Takahashi/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Asia-Pacific markets are set to open lower after the S&P 500 retreated from its record above the 5,500 level on Thursday. Investors in the region will assess…
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Sweet makers face steep cocoa costs, get artistic
Dried cocoa beans at the Somos Cacao farm and production facility in Ragonvalia, Norte de Santader department, Colombia, on Friday, March 22, 2024. Ferley Ospina | Bloomberg | Getty Images There’s pricing pressure taking hold of a specific corner of global agriculture — and it’s bittersweet. Prices of cocoa have more than tripled over the…
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EU elections 2024: European Parliament outcomes
A woman casts her ballot paper for the European elections at a polling station. Picture Alliance | Picture Alliance | Getty Images Populist, far-right parties won record support in this year’s European Parliament elections, according to provisional results on Monday. The far-right Identity and Democracy group made major gains, while the right-wing European Conservatives and…
