Starbucks’ CEO is planning a huge expansion in the Middle East and China
Starbucks plans to open 500 new stores in the Middle East and “thousands” of new stores in China. Brian Niccol, Starbucks’ CEO, said the coffee chain is eyeing a major expansion into the Middle East and Chinese markets. In a Friday interview with Bloomberg, Niccol said that the chain’s franchise operator in the Middle East,…
Trump’s transportation department says it will give more funding to places with higher birth and marriage rates. Here are the states that could benefit.
Transportation Secretary Sean Duffy aims to prioritize funding to communities with higher-than-average marriage and birth rates. Red states with high marriage and birth rates could see a big funding bump from President Donald Trump’s new administration. The day after Transportation Secretary Sean Duffy was confirmed, he released a memo with an unusual provision: Federal transportation…
Why China’s tech market is back in business
Chinese e-commerce giant Alibaba, co-founded by Jack Ma, has been one of the major beneficiaries in the current Chinese tech market rally. China’s tech companies are finally seeing the light of day in the stock markets after several challenging years. On Friday, Hong Kong’s Hang Seng Tech Index closed 5.6% higher. The index is up…
Elon Musk’s X is winning advertisers new and old — but the comeback has a long way to go
Elon Musk’s X is drawing new advertisers and welcoming back some that pulled spending, but the overall picture of its business is complicated. Elon Musk’s X has successfully courted a new set of advertisers in recent months, and some big-name brands, such as Apple, are returning. Does that mean it’s seeing an advertising rebound? Well,…
Hermès stock is surging — and the Birkin bag maker is narrowing the gap with French rival LVMH
Hermès shares were up 4.2% in Paris on Friday morning. Hermès reported better-than-expected fourth-quarter results on Friday, sending its stock to a record high. The French luxury goods group’s sales for the final three months of 2024 hit 3.96 billion euros ($4.16 billion), up nearly 18% and beating analyst estimates of 3.69 billion euros. Annual…
‘Apple Cider Vinegar’ based the Hirsch Institute on Gerson Therapy, a debunked cancer treatment by the 20th century doctor Max Gerson.
Alycia Debnam-Carey as Milla Blake in “Apple Cider Vinegar.” Viewers of “Apple Cider Vinegar” — which tells the story of Belle Gibson (Kaitlyn Dever), an Australian influencer who faked having cancer — may be wondering if the Hirsch Institute is real. The institute is fictionalized for the show but appears to be based on a…
I lived at home until I got married. I didn’t see it as a ‘failure to launch.’
The author (not pictured) only left his home when he married his wife. Recently, I was catching up with someone from high school. He mentioned that he still lived with his parents in Orange County, California, while in college, even though he had a good job in law enforcement. That got me thinking about other…
I’ve heard of CD ladders to earn more money on my savings, but what about bond ladders? A financial planner explains.
Maggie Klokkenga, CPA, CFP®, AFC. A few months ago one of my money nerd friends mentioned that Wealthfront had an automated bond ladder. While I am familiar with CD laddering — and currently have a CD ladder with Ally — the concept of a bond ladder was new to me. Curious about whether a bond…
Stock of the day: GameStop jumps 10% on report it could start investing in crypto
The move: GameStop stock jumped as much as 10% Friday morning to $28.97. The stock is down 8% year-to-date and is 76% below its record high reached during the meme-stock craze of 2021. The chart: Why: The video game retailer’s stock jumped after CNBC reported that it is considering investing in bitcoin and other cryptocurrencies…
