Starbucks Corporation (NASDAQ: SBUX) is exploring strategic partnerships for its Chinese operations amid declining demand in major markets, including the U.S. and China. The company confirmed on Thursday that it is assessing options, following a Bloomberg report suggesting Starbucks might sell a stake in its Chinese business to local investors, such as private equity firms. CEO Brian Niccol has emphasized ...
Gold is known as an attractive safe-haven investment and has been used to store wealth during volatile times through history. It has interesting currency-like tendencies, and retains its purchasing power better than paper currencies. In this article What physical gold product is best to buy? Physical gold investors are generally looking for items that are 0.999 fine. Most gold bullion ...
Chris Giancarlo, widely known as “Crypto Dad,” has emerged as the leading candidate for a newly proposed role of crypto czar in the White House under President-elect Donald Trump’s administration. The potential appointment underscores a strategic effort to advance crypto regulations and foster blockchain innovation in the United States. This proposed position would be the first of its kind in ...
Gunmen opened fire on vehicles carrying Shiite Muslims in Pakistan’s restive northwest on Thursday, killing at least 42 people, including six women, and wounding 20 others in one of the region’s deadliest such attacks in recent years, police said. The attack happened in Kurram, a district in Khyber Pakhtunkhwa province where sectarian clashes between majority Sunni Muslims and minority Shiites ...
Today the 20-Year Bond ETF (TLT) 50-day EMA crossed down through the 200-day EMA (Death Cross), generating an LT Trend Model SELL Signal. This was the result of a down trend lasting over two months. We note that the PMO has been running flat below the zero line for a month, which tells us that steady downward pressure has been ...
Former Rep. Matt Gaetz’s withdrawal as President-elect Trump’s nominee for attorney general amid growing fallout over sex trafficking allegations may prove problematic for Trump’s other controversial picks for top administration positions. Gaetz took his name out of consideration Thursday as Pete Hegseth, Trump’s choice to serve as defense secretary, was wrapping up meetings on Capitol Hill with senators. Hegseth, who ...
U.S. prosecutors have charged Gautam Adani, India’s second-richest person, with fraud over accusations that he and several alleged co-conspirators sought to pay $250 million in bribes to Indian officials. The U.S. attorney’s office in Brooklyn, New York, accused the executives, most of them Indian, on Wednesday of obtaining funds from investors in the U.S. and other international lenders “on the ...
Deion Sanders wants to shut down rumors of him leaving the University of Colorado the same way he shut down wide receivers during his Hall of Fame NFL career. The latest round of speculation – fueled by Sanders’ former teammate with the Dallas Cowboys, Michael Irvin – had the Buffaloes coach leaving Boulder to take over in Dallas. Sanders, however, ...
Apple (NASDAQ) has proposed a $100 million investment in Indonesia to establish a manufacturing plant for accessories and components, according to the country’s industry ministry. The move follows a ban on sales of Apple’s iPhone 16 due to the company’s failure to meet Indonesia’s local content requirement, which mandates that 40% of smartphone components sold domestically be locally produced. The ...
Sarama Resources Ltd. (“Sarama” or the “Company”) (ASX:SRR, TSXV:SWA) is pleased to announce it has received binding commitments to undertake a A$2 million (before costs) equity placement (the “Placement”). Funds raised will be used to undertake exploration activities, general administration and for general working capital purposes. The Placement was well supported by existing shareholders and professional and sophisticated investors. The ...
BitClave investors have started receiving $4.6 million in repayments from the U.S. Securities and Exchange Commission (SEC), following a settlement reached in 2020. The SEC announced on Nov. 20 that payments from the BitClave Fair Fund had been disbursed to eligible investors harmed during the company’s 2017 initial coin offering (ICO). Pro-XRP lawyer and online commentator “MetaLawMan” criticized the SEC’s ...
It is a very specific and high-profile warning, so you would expect the information behind it to have been quite precise. The US Embassy in Kyiv has not closed since it relocated during the opening months of Russia’s invasion of Ukraine in 2022. But on Wednesday, it announced a one-day closure, citing “specific information of a potential significant air attack.” ...