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Category: Business

Starbucks lowers prices on tea in China to compete with local chains

From Yahoo Finance: 2025-06-10 11:57:00 Starbucks in China has reduced prices on tea-based beverages to attract more customers in a

June 10, 2025

FanDuel adds 50-cent surcharge to Illinois bets to offset new taxes

From CNBC: 2025-06-10 11:55:00 FanDuel introduces a new 50-cent surcharge on all wagers in Illinois to offset new taxes. DraftKings

June 10, 2025

J.M. Smucker stock plummets due to warning about economic environment

From Yahoo Finance: 2025-06-10 11:52:00 At midday on June 10, 2025, J.M. Smucker Co. stock saw the biggest decline in

June 10, 2025

Citigroup increases loan loss reserves due to economic uncertainty, but remains confident in credit quality.

From Yahoo Finance: 2025-06-10 11:44:00 Citigroup Inc. is increasing its loan loss reserves by hundreds of millions of dollars, signaling

June 10, 2025

Stock market saw slight gains, S&P 500 close to record high

From Barron’s: 2025-06-10 11:21:00 The stock market showed a slight increase on Tuesday morning, with the S&P 500 edging closer

June 10, 2025

AI search startup Glean's valuation reaches $7.2 billion in latest funding round

From Yahoo Finance: 2025-06-10 11:20:00 Glean, a U.S. enterprise AI search startup, hits a valuation of $7.2 billion in its

June 10, 2025

Summary: Cryptocurrency value should focus on utility and adoption, not just price speculation. Neutral

From Yahoo Finance: 2025-06-10 11:13:00 Cryptocurrency is often reduced to price speculation, overlooking its technological impact. Traditional markets value usage,

June 10, 2025

Activist investor Parvus Asset Management builds stake in Novo Nordisk, stock climbs over 5%

From Yahoo Finance: 2025-06-10 11:10:00 Novo Nordisk’s U.S.-listed shares are down nearly 8% this year, facing slowing sales growth and

June 10, 2025

Growing interest in Chinese car brands among UK motorists, with concerns about quality and support.

From Yahoo Finance: 2025-06-10 11:01:00 Over 70% of UK motorists are open to buying cars from emerging Chinese manufacturers, as

June 10, 2025

Boeing received 303 new airplane orders in May, highest since Dec. 2023

From CNBC: 2025-06-10 11:00:00 Boeing received 303 gross orders for new airplanes in May, the highest since December 2023. They

June 10, 2025

Popeyes UK secures $58.1m loan for nationwide expansion, planning to open 45 new stores

From Yahoo Finance: 2025-06-10 10:54:00 Popeyes UK secures a £43m ($58.1m) loan from Barclays for nationwide expansion, planning to open

June 10, 2025

South Korea's ruling party pushing for companies to issue stablecoins to retain national wealth.

From Yahoo Finance: 2025-06-10 10:47:00 South Korean President Lee Jae-myung’s Democratic Party submitted a bill to parliament allowing companies to

June 10, 2025

Growing stacks of Bitcoin long-term holders signal bullish outlook, with record high supply indicating confidence

From Yahoo Finance: 2025-06-10 10:36:00 Long-term holder (LTH) bitcoin supply hits record high at 14.46 million BTC, indicating confidence in

June 10, 2025

Wells Fargo predicts minimal consumer loan growth and potential decline, focusing on other business areas.

From Yahoo Finance: 2025-06-10 10:34:00 Wells Fargo’s CFO, Mike Santomassimo, predicts minimal consumer loan growth and potential decline for the

June 10, 2025

Roblox offers departing Paramount CFO $6M in bonuses for new role

From Yahoo Finance: 2025-06-10 10:29:00 Naveen Chopra, departing CFO of Paramount, set to receive $6 million in cash bonuses upon

June 10, 2025

Caris Life Sciences plans $423.5M IPO on Nasdaq, focusing on cancer and personalized therapies.

From Yahoo Finance: 2025-06-10 10:16:00 Caris Life Sciences plans to raise $423.5 million in an initial public offering, listing on

June 10, 2025

Summary: Robert Kiyosaki shares two steps to avoid debt: mindful spending and paying off credit cards.

From Yahoo Finance: 2025-06-10 10:03:00 Robert Kiyosaki emphasizes the importance of money management to achieve financial freedom and avoid debt.

June 10, 2025

Disney to pay $439 million to acquire full control of Hulu, integrating content with Disney+

From Yahoo Finance: 2025-06-10 09:51:00 Disney will pay Comcast’s NBCUniversal almost $439 million for its stake in Hulu, gaining full

June 10, 2025

Oracle price target raised to $186, neutral rating maintained by Citi

From Yahoo Finance: 2025-06-10 09:40:00 Citi raised Oracle’s price target to $186 from $160, maintaining a Neutral rating. The firm

June 10, 2025

EDM Resources signed $58m gypsum deal, with advance payment, exclusivity, and high demand

From Yahoo Finance: 2025-06-10 09:32:00 Canadian company EDM Resources signed a $58m gypsum offtake deal with a producer for gypsum

June 10, 2025

Truist lowers price target on RLJ Lodging Trust from $10 to $7, maintain Hold rating

From Yahoo Finance: 2025-06-10 09:30:00 Truist lowers price target on RLJ Lodging Trust (RLJ) to $7 from $10, maintains Hold

June 10, 2025

Cam Newton warns athletes about overspending post-retirement, emphasizing need for financial prudence

From Yahoo Finance: 2025-06-10 09:17:00 Cam Newton, former NFL MVP, disclosed in a YouTube video that despite earning $20 million

June 10, 2025

Covius Services to acquire Title365 from Blend Labs, enhancing presence in origination title space.

From Yahoo Finance: 2025-06-10 09:15:00 Covius Services is set to acquire Title365 Holding from Blend Labs, pending third-party consents and

June 10, 2025

Ideal Power partners with Kaimei Electronic for product distribution in Asia, targeting various markets.

From Yahoo Finance: 2025-06-10 09:12:00 Ideal Power Inc (NASDAQ:IPWR) partners with Kaimei Electronic Corp to distribute Ideal Power’s products in

June 10, 2025

Cisco and NVIDIA partner to enhance security for enterprise AI workflows using NVIDIA AI

From NVIDIA: 2025-06-10 09:00:00 Cisco and NVIDIA collaborate on AI defense and security solutions for enterprise AI workflows. The Cisco

June 10, 2025

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