Gold has long been considered a store of wealth, and the price of gold all time high often makes its biggest gains during turbulent times as investors look for cover in this safe-haven asset. The 21st century has so far been heavily marked by episodes of economic and sociopolitical upheaval.…
Starbucks announced several changes, including its plan to cut some items from the food and drink menu. ‘We’ve taken steps to refocus the business, our mission and our marketing to better align with our identity as a coffee company,’ Starbucks chairman and CEO Brian Niccol said Tuesday. ‘We’re relying less…
Fox Corp. is scoring big this Super Bowl. The broadcaster has sold out of ad spots for Super Bowl 59 on Feb. 9, and more than 10 of those commercials sold for $8 million apiece, according to a person familiar with the matter. Fox reported during its November earnings call with investors that…
Tesla’s fourth-quarter earnings report lands just over a week after President Donald Trump began his second term in the White House, with Elon Musk right by his side. Now that the Tesla CEO is firmly planted in Washington, D.C., in a high-profile advisory role, shareholders in the electric vehicle maker have some questions. On the forum Tesla uses…
The junta-led West African nations of Niger, Mali and Burkina Faso have formally withdrawn from the regional bloc known as ECOWAS, the body said Wednesday. The previously announced withdrawal, which marks the culmination of a yearlong process during which the group tried to avert an unprecedented disintegration, “has become effective…
The three Israeli hostages due to be released in Gaza on Thursday have been named by the Israeli Prime Minister’s office (PMO), which also confirmed that five Thai nationals will be freed. “The list of names received from Hamas today by the mediators Qatar and Egypt includes: Arbel Yehud (29…
Britain’s Princess Beatrice has given birth to a daughter named Athena Elizabeth Rose Mapelli Mozzi, Buckingham Palace announced Wednesday. Beatrice’s second daughter was born at 12.57 p.m. local time on January 22, weighing four pounds and five ounces, the palace said in a statement. She was born at Chelsea and…
Australian police have said they foiled a potential antisemitic attack on discovering a trailer packed with explosives in northwest Sydney, alarming the Jewish community following a spate of arson and graffiti incidents. New South Wales (NSW) Police discovered the caravan on a rural property in Dural on January 19, after…
Britain’s government has backed a tortured effort to build a third runway at Heathrow, Europe’s busiest airport, throwing its weight behind a decades-old proposal that has been beset by political, legal and environmental challenges. The UK’s Chancellor of the Exchequer (finance minister), Rachel Reeves, gave a green light to the…
Former al Qaeda member Ahmad al-Sharaa, formerly known as Abu Mohammad al-Jolani, has been named as Syria’s president for a transitional period. “We announce the appointment of Commander Ahmad al-Sharaa as head of state during the transitional period. He will assume the duties of the president of the Syrian Arab…