“As we create more premium beverages, it becomes more difficult for customers to replicate them at home and we believe this contributes to the concept of trade down,” said Starbucks Chief Financial Officer Rachel Ruggeri. , to CNBC’s “Squawk Box” on August 3. Gary Hershorn/Contributor/Getty Images Personalized coffees, “prestige” skincare, and “elevated” sauces and spreads …
TOKYO — The restaurants are full. Shopping centers are teeming. People travel. And Japan’s economy has started to grow again as consumers, weary of more than two years of the pandemic, have moved away from the precautions that have kept coronavirus infections among the lowest levels of any wealthy country. Lockdowns in China, soaring inflation …
Japan rebounds on economic growth as coronavirus fears fade Read More »
After a massive flight to security in the first half of the year, investors are buying into the technology again – but top investor Paul Meeks is far from convinced. “I feel this not really because I see the fundamentals of most of these companies improving a lot in the short term, but rather because …
Text size Nvidia now expects July quarter revenue to be $6.7 billion, up just 3% from the year-ago period. The company previously forecast $8.1 billion in revenue. The time of dreams These are troubling times for the chip industry. Demand for consumer-focused technology products is weakening, with weaker sales for PCs and peripherals, Android smartphones …
Don’t give up on chip makers. These 9 stocks look like bargains. Read More »
The world hasn’t seen commercial supersonic travel in nearly 20 years since Concorde was retired in 2003, but that’s all about to change with the development of a new, environmentally friendly airliner. Meet Overture, the world’s fastest airliner developed by Denver-based Boom Supersonic. With 26 million design and test hours, Overture will run on 100% …
Overture, the world’s fastest airliner, ushers in a new era of supersonic travel Read More »
Elon Musk is seeking to force Twitter to hand over a group of key employees for questioning – and the legal maneuver could be the tycoon’s last and best hope in a desperate fight to nullify his $44 billion takeover deal. Shares of Twitter have risen more than 20% in the past month to close …
How Elon Musk could reverse his desperate fight against Twitter Read More »
On Monday, the US Treasury Department added Tornado Cash to its blacklist, barring US citizens from using the crypto mixing site because it “has been used to launder more than $7 billion in virtual currency since its inception in 2019. “. Separately, on Tuesday, we at Decrypt I woke up to find that our newsletter …
War on cryptos! From Ethereum Mixers to Media Newsletters – Decipher Read More »
Mark Tepper, CEO of Strategic Wealth Partners, Burns McKinney, portfolio manager of NFJ Investment Group, and Jay Hatfield, CEO of Infrastructure Capital Management, analyze the recent market rally as inflation persists in “Mornings with Maria.” The retail sector will be in focus this week, with investors digesting July sales data on Wednesday and week-long corporate …
Walmart, Home Depot earnings, retail sales and existing home sales lead the week ahead Read More »
Corn soup with coconut and crispy chili Total time:25 minutes Servings:4 (makes about 6 cups) Total time:25 minutes Servings:4 (makes about 6 cups) Placeholder while loading article actions A hot bowl of soup might not be exactly what you think you’re eating in midsummer, but some cultures do just that on the hottest days of …
Crispy Chili Corn Soup is a Sweet and Spicy Bowl of Comfort Read More »
DUBAI, United Arab Emirates (AP) — Saudi energy company Aramco said on Sunday that its profits jumped 90% in the second quarter compared to the same period last year, helping its half-year profits to reach nearly 88 billion. dollars. The increase is a boon to the kingdom and the crown prince’s purchasing power as people …
High oil prices help Saudi Aramco earn $88 billion in first half Read More »
