Business & Economy
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The beloved 107-year-old burger chain closes its locations
The fast-food burger industry has faced economic challenges over the past year that have led large chains, such as A&W Restaurants, to close locations. A major problem for burger chains was mixed sales results over the past year. The leading fast-food burger chain is enjoying another successful year, with McDonald’s US sales in 2025 up…
Coinbase CEO Makes Critical Move Ahead of Earnings
There’s a particular type of corporate ad that tries to play it safe and be two things at once: a show of force on the one hand and an admission of reality on the other. Coinbase appears to have joined the group. The crypto exchange company announced that it will cut approximately 14% of its…
Lucid posts loss in first quarter despite increased revenue and production
Electric vehicle maker Lucid Group reported first-quarter 2026 revenue of $282.4 million, up 20% year-over-year, while vehicle production increased 149%. During the period, the company posted a net loss of $1.02 billion, compared to a net loss of $366.2 million in the first quarter of 2025. Operating losses widened to $989.4 million from $691.9 million…
GXO raises 2026 outlook, rules out Amazon logistics threat
GXO Logistics on Tuesday reported better-than-expected first-quarter earnings, driven by growth in aerospace, defense and technology logistics contracts, while executives dismissed concerns that Amazon’s newly expanded supply chain services could threaten the company’s business model. The contract logistics provider reported first-quarter revenue of $3.3 billion, up 10.8% year over year, while adjusted EBITDA rose 23%…
You pay your bills on time and your credit score still drops: here are 3 myths that explain why
Moneywise and Yahoo Finance LLC may earn commissions or income through links in the content below. Most people think they’ve beat the credit score game with autopay. With each monthly balance that is automatically settled, you can slide towards a high score, right? Not precisely. Credit scoring is a little more nuanced than that. On-time…
Corning Partners with Nvidia to Expand U.S. Fiber Optic Production for AI Growth
May 6 (Reuters) – Corning and Nvidia said on Wednesday they would partner to expand U.S. production of optical connectivity products used in artificial intelligence data centers. The specialty glass maker also raised its long-term sales targets due to growing demand for AI infrastructure. Its shares rose more than 17% in premarket trading. The deal…
5 monthly dividend investments that add up to $2,500 each month
Quick reading JPMorgan Equity Premium Income ETF (JEPI) leads a monthly income stack that generates $2,613 annually on $500,000 equity without touching equity. Realty Income (O) and Main Street Capital (MAIN) offer steady monthly payments, but high-yield alternatives, like mortgage REITs, sacrifice capital growth for today’s high yields. A lasting retirement income plan requires stress-proof…
Banco BPM evaluates negotiation options in the domestic market: report
Banco BPM is evaluating possible acquisition and merger opportunities in Italy, according to Reuters, while CEO Giuseppe Castagna indicated a firmer approach to potential transactions. Castagna has repeatedly said the bank is prepared to consider further consolidation measures after Banco BPM acquired fund manager Anima last year and avoided an acquisition approach by UniCredit. His…