Reported about 5 hours ago
In a recent interview, Brinker International CEO Kevin Hochman addressed the potential use of robots in their restaurant chains, Chili's and Maggiano's Little Italy. He explained that robots have not worked well in kitchen environments due to issues with grease and food contamination, which lead to mechanical failures and operational disruptions.
Source: YAHOO
Reported about 5 hours ago
DeepSeek's advancements in artificial intelligence are driving a significant influx of hedge funds into Chinese equities, resulting in over $1.3 trillion added to China's stock markets, while India is experiencing a notable cash exodus. This shift comes after years of attraction to Indian markets due to infrastructure investments, as investors reassess China's tech sector amid expectations of economic stimulus. Despite some skepticism regarding China's recent stock rally, many are optimistic about its investment potential, marking a shift in preference back towards Chinese markets.
Source: YAHOO
Reported about 5 hours ago
Source: YAHOO
Reported about 6 hours ago
Source: YAHOO
Reported about 6 hours ago
Canadian Conservative Leader Pierre Poilievre aims to bolster the economy against US tariff threats by proposing an "east-west economy" with new pipelines from Alberta to the Maritime provinces. In a recent speech, he emphasized a need to prepare for potential trade wars with the U.S., promising to respond to any tariffs with equal measures and vowing to increase energy production and military readiness. His strategies include repealing environmental regulations for faster resource extraction and enhancing border security while also addressing domestic policies like eliminating the carbon tax.
Source: YAHOO
Reported about 7 hours ago
Source: YAHOO
Reported about 7 hours ago
Source: YAHOO
Reported about 8 hours ago
Source: YAHOO
Reported about 8 hours ago
Source: YAHOO
Reported about 9 hours ago
Source: YAHOO
Reported about 9 hours ago
Source: YAHOO
Reported about 10 hours ago
During his recent meeting with President Trump, Indian Prime Minister Narendra Modi addressed the looming issue of tariffs by proposing increased imports of U.S. oil and gas. Although India faces a significant trade deficit with the U.S., Modi's offers, coupled with ongoing discussions about military sales and tariff reductions on select American goods, aim to soften the impact of Trump's reciprocal tariff plans. Experts suggest that energy imports could be pivotal in negotiations, as Modi seeks to balance economic interests against the backdrop of rising tariffs.
Source: YAHOO
Reported about 10 hours ago
The Trump administration has approved the Texas GulfLink Deepwater Port project, allowing the shipment of up to 1 million barrels of oil per day from a new port off Brazoria County. Initially proposed in 2019 and delayed for five years, the port will enable large oil tankers to load swiftly, despite facing opposition from environmental activists concerned about substantial greenhouse gas emissions associated with such projects.
Source: YAHOO
Reported about 11 hours ago
The Consumer Financial Protection Bureau is facing significant changes as the White House has suspended its operations, closed its headquarters, and dismissed numerous employees.
Source: YAHOO
Reported about 11 hours ago
A consumer watchdog agency that has been labeled ‘vicious’ by Trump is regarded as a ‘hero’ by many it has assisted, highlighting the contrasting views on its impact and role.
Source: YAHOO
Reported about 11 hours ago
Trump Media & Technology Group, the parent company of Truth Social, announced a loss of $400.9 million for the past year, with a 12% decline in revenue to $3.6 million. The company attributed these losses partially to a revenue-sharing deal with an undisclosed advertising partner. Following his election win, Donald Trump transferred his shares to a trust, while the company, still in its early development stage, has not disclosed user metrics common in the social media industry.
Source: YAHOO
Reported about 12 hours ago
Baku Steel Company and Jindal Steel International are the leading bidders to acquire Acciaierie d'Italia (ADI), previously known as Ilva, after increasing their offers amid concerns for the plant's future. The Italian government is evaluating the bids, with Baku Steel reportedly offering around 1 billion euros, and a decision expected by March, as the plant's closure poses risks to Italy's manufacturing sector.
Source: YAHOO
Reported about 12 hours ago
Egg prices have reached a historic high at nearly $5 per dozen, but they could rise even further due to ongoing supply challenges from avian flu outbreaks that have devastated laying hen populations. Retailers are using strategies like promotions and loyalty programs to manage these costs while keeping prices relatively low to retain customers. However, as demand remains strong, especially with Easter approaching, the gap between egg supply and demand may lead to even higher prices in the near future.
Source: YAHOO
Reported about 12 hours ago
The article outlines how individuals can create their own target-date retirement fund by replicating the management of professional funds while maintaining control over their investments. It provides a step-by-step guide, including choosing a retirement date, researching available funds, examining fund holdings, seeking low expenses, and periodically rebalancing one’s portfolio. By following these steps, investors can tailor their retirement savings to better align with their financial goals and risk tolerance.
Source: YAHOO
Reported about 13 hours ago
Mortgage rates have been stable under 7%, but experts warn that new tariffs from President Trump could lead to increases in 2025. Melissa Cohn of William Raveis Mortgage notes that market volatility makes banks conservative, leading to wider spreads on 30-year fixed mortgages. Many homeowners are also holding off on selling, waiting to see how rates change in the upcoming spring.
Source: YAHOO
Reported about 13 hours ago
Lexus has topped J.D. Power's 2025 Vehicle Dependability Survey for the third consecutive year, with Buick ranking highest among mass-market brands. Despite advancements in vehicle technology, car owners reported more issues, leading to a 6% rise in complaints. While Lexus and Buick stood out for their reliability, Volkswagen, Chrysler, and Audi faced the most challenges, landing in the bottom five. The survey highlights ongoing concerns, including software defects and device integration problems.
Source: YAHOO
Reported about 13 hours ago
More CEOs are seeking to reincorporate their companies outside of Delaware, echoing Elon Musk's actions, due to frustrations with the state's Chancery Court. Companies like Meta and Dropbox are contemplating moves to states like Nevada and Texas, motivated by perceived legal challenges and a desire for a more favorable business environment. Despite being the leading state for corporate registrations, Delaware is at risk of losing its dominance as new competitors promote their own business-friendly laws.
Source: YAHOO
Reported about 13 hours ago
Uber Technologies has initiated legal action against DoorDash, claiming the delivery service engages in anticompetitive practices that inflate costs for restaurants and customers. Uber alleges DoorDash coerces restaurants to designate it as their exclusive delivery provider, hindering Uber's growth, particularly its Uber Direct service. DoorDash dismissed the allegations as baseless.
Source: YAHOO
Reported about 14 hours ago
Volkswagen has set an internal target to increase the profit margin for its VW car business to 6.5%, a significant rise from the previously reported 2%. This goal is part of a broader initiative aimed at enhancing cost efficiency and performance by 2025, although it does not have a specific deadline. Recent financial reports indicated that the operating margin for Volkswagen's VW brand was 2.1% for the first nine months of 2024, or 3% when adjusted for special items.
Source: YAHOO
Reported about 14 hours ago
President Donald Trump finds himself in a challenging position as inflation rises, with Joe Biden's economic legacy still looming. Despite Trump’s campaign promises to reduce prices, inflation is back on the rise, complicating his ability to deflect blame onto Biden. Consumers are concerned that Trump's tariffs, central to his economic policy, might exacerbate inflation rather than alleviate it. As the public's perception of economic conditions evolves, Trump will need to navigate these pressures carefully to avoid voter backlash.
Source: YAHOO