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Thu, Jul 30, 2026 03:32 AM All times are UTC

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Ralph Lauren Leans on Online Sales to Get Back on Track

May 29, 2020 13:23 pm UTC| Business

Ralph Laurens online sales in China jumped 76 percent in the fourth quarter, putting it back on track in China en route to recovery. The New York-based company noted that loungewear and athleisure products were highly...

Papa John's, Domino's Pizza Boost Sales During Pandemic

May 29, 2020 13:23 pm UTC| Business

Papa Johns same-store sales in North America surged 33.5 percent in May, up from 26.9 percent in April. , In terms of international sales, Papa Johns rose 7 percent in May from 1.4 percent growth in April. Of its 2,100...

Amazon Urged to Boost Fleet Size Amid Low Aircraft Prices

May 29, 2020 13:23 pm UTC| Business

Amazon should take advantage of the depressed price of aircraft to drastically increase the size of its fleet and take on the increased demand for delivery services, according to Bank of America analyst Justin Post. By...

KFTC to Restrain Delivery Hero for Interference with Food Prices

May 29, 2020 13:22 pm UTC| Business

The Korea Fair Trade Commission (KFTC) is determining what restrictions to impose on Delivery Hero for interfering with how much its partner restaurants charge. Delivery Hero, a German firm operating under the and the...

Jin Air to Resume 5 International Destinations in June

May 29, 2020 13:21 pm UTC| Business

South Korean low-cost carrier Jin Air Co. will resume flights from Incheon to Bangkok, Taipei, Narita, Osaka, and Vietnam on June 1 to cater to incoming passengers and meet cargo-carrying demand. Jin Air hopes to bring...

US Car Manufacturers Beginning to Restart Plants in Mexico

May 29, 2020 13:20 pm UTC| Business

Fiat Chrysler Automobiles (FCA) reopened its stamping and assembly plant in Toluca, Mexico, as General Motors (GM) announced it would gradually restart its operations in the country. FCA manufactures the Jeep Compass...

Coronavirus Awakens Mattress Sales in the US

May 29, 2020 13:20 pm UTC| Business

Mattress sales in the United States are peaking up during the COVID-19 pandemic due to people focusing more on home improvement. Casper reported first-quarter sales increased 26.4 percent year-over-year to $113...

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Economy

Oil Prices Ease After Sharp Rally as Trump Warns of More Action Against Iran

Oil prices slipped slightly during Asian trading on Thursday after posting their biggest gains in weeks, as investors locked in profits while monitoring escalating geopolitical tensions in the Middle East and tightening...

Fed Holds Interest Rates Steady as Kevin Warsh Says Rising Treasury Yields Tighten Financial Conditions

The Federal Reserve left its benchmark interest rate unchanged on Wednesday, maintaining the federal funds rate at 3.50% to 3.75% for a fifth consecutive meeting as policymakers continued to monitor inflation and broader...

US Stocks Slide as Fed Holds Rates, AI Chip Selloff Deepens and Oil Prices Surge

U.S. stocks ended sharply lower on Wednesday as investors reacted to a prolonged selloff in semiconductor stocks and a sharp rebound in oil prices, while awaiting earnings from Microsoft and Meta Platforms for fresh...

Oil Prices Jump as Trump Vows Response to Iran Attack, Supply Risks Return

Oil prices rebounded sharply on Wednesday after the United States said it intercepted a surprise Iranian missile attack and President Donald Trump pledged a forceful response, reigniting concerns over potential supply...

Gold Price Rallies as Fed Holds Rates, Middle East Tensions Boost Safe-Haven Demand

Gold prices climbed nearly 1% on Wednesday as investors flocked to safe-haven assets following renewed geopolitical tensions in the Middle East, while a weaker U.S. dollar after the Federal Reserves latest policy decision...

Politics

Lebanon Lawyers Seek Probe Into Banker Over Alleged Netanyahu Dinner in Washington

A group of Lebanese lawyers has filed a legal complaint urging the countrys top prosecutor to investigate prominent banker Antoun Sehnaoui over allegations that he co-hosted a dinner in Washington attended by Israeli Prime...

U.S. Launches Air Strikes on Iran After Alleged Missile Attack on American Forces

The United States launched air strikes against targets in Iran on Wednesday night, marking a sharp escalation in tensions across the Middle East following what Washington described as an attempted Iranian attack on U.S....

New Jewish-Arab Party Seeks Young Voters Ahead of Israel Election Amid Debate Over Arab Vote

A newly formed Jewish-Arab political party is aiming to attract younger voters ahead of Israels October 27 parliamentary election, but critics argue its emergence could divide the Arab vote and strengthen Prime Minister...

Oman Proposes Strait of Hormuz Plan as U.S. Rejects Iran Shipping Fee Idea

Oman has presented Iran with a Gulf-backed proposal to help manage shipping through the Strait of Hormuz, including a system of voluntary contributions from vessels, according to Reuters sources. The initiative aims to...

Ukraine F-16 Fighter Jet Crashes During Mission, Pilot Ejects Safely

Ukraines Air Force confirmed on Wednesday that one of its U.S.-made F-16 fighter jets crashed while carrying out a combat mission, although the pilot survived after successfully ejecting from the aircraft. According to a...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Sony Eyes $1.3 Billion Tamron Acquisition as Lens Maker Reviews Offer

Tamron (TYO:7740) confirmed Thursday that it has received a non-binding acquisition proposal from Sony (TYO:6758), following reports that the potential deal could be worth approximately 200 billion yen ($1.3 billion). The...

SpaceX Wins $1.6 Billion U.S. Space Force Launch Contracts for Falcon 9 Missions Through 2027

SpaceX has secured $1.6 billion in new contracts from the U.S. Space Force to carry out 18 Falcon 9 rocket launches through 2027, further strengthening its position as the Pentagons leading commercial launch provider. The...

Samsung Q2 Profit Surges on AI Memory Chip Demand, Forecasts Strong Second Half

Samsung Electronics reported stronger-than-expected second-quarter earnings, driven by soaring demand for artificial intelligence (AI) memory chips as global investment in AI infrastructure continued to accelerate. For the...

Russia Charges Telegram Founder Pavel Durov With Facilitating Terrorism, Seeks International Arrest

Russia has formally charged Telegram founder Pavel Durov with facilitating terrorist activity, accusing the messaging platform of being used by Ukrainian intelligence services to recruit operatives and organize attacks...

Meta Stock Drops After Earnings Miss as AI Spending and Legal Costs Weigh on Profit

Meta Platforms (NASDAQ: META) shares fell 8% in after-hours trading after the social media giant reported second-quarter earnings that missed Wall Street expectations and issued weaker-than-expected third-quarter revenue...