Levi Strauss Beats Expectations, Lifts Guidance and Dividend
Levi Strauss posted better-than-expected Q2 results with revenue at $1.56B, earnings of 22 cents per share, and an increased full-year outlook as prices and...
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Volkswagen Plans Global Job Cut Of Up To 100,000 Amid Costs Pressures
Volkswagen Group is considering cutting up to 100,000 jobs globally as it seeks to reduce costs after a year of shrinking profits and tougher...
June Home Sales Disappoint As Prices Reach An All-Time High
June home sales fell 2.4% to a 4.09 million annualized pace, with the median price at a record $440,600 as supply remains tight and...
Trump Admin Maps Out Sweeping Rollback Of Regulations In Push To Save $1.5T
The Trump administration released its 2026 regulatory plan, signaling a broad deregulatory push with 702 actions and $1.5 trillion in projected cost savings, aiming...
AI Boom Fuels Bay Area Luxury Homes Above Asking By $1 Million In June
The AI boom is driving intense bidding in San Francisco’s luxury housing market, with 44 homes closing at least $1 million above final asking...
Delta Expects Higher Airfare To Last, Bringing 2026 Profit Goal In Reach, CEO Says
Delta Air Lines reported solid Q2 results with adjusted earnings of $1.56 per share on $17.67 billion revenue, reaffirming 2026 targets as it signals...
Thames Water Returns To Profit After Bill Increases And Debt Funding Assurance
Thames Water returned to profit for the year ending March after a 40% bills hike, with post-tax income of £113m, while debt rose to...
Used EV Prices Rise Again as Iran Conflict and Gas Costs Boost Demand
Used EV prices climb as high gas costs and Iran-related tensions support demand for pre-owned electric vehicles, with the Manheim index up sharply and...
PetSmart’s Only San Francisco Store Set To Close Amid Online Shopping Shift
PetSmart confirms it will close its sole San Francisco location on July 19, citing the growing role of online shopping, autoship, and same-day delivery...
Trump Threatens to Bomb Bridges and Power Plants Unless Iran Resumes Talks
BBC reports that President Trump warned Iran of targeting bridges and power plants unless talks resume, as tensions and maritime actions around the Strait...
PepsiCo Faces Mixed Q2 2026 Results as U.S. Budgets Tighten
PepsiCo reported mixed Q2 2026 results, with international demand lifting revenue while North American volumes lagged as consumer budgets tightened amid rising inflation and...
Buffett Halts Donations To Gates Foundation, Redirects Berkshire Stock To Family Foundations
Warren Buffett is ending donations to the Gates Foundation and redirecting Berkshire Hathaway stock to four Buffett family foundations, with the transfer to be...