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Business

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McDonald’s to shut down CosMc’s drink spinoff after short run
McDonald's to close standalone beverage concept

CHICAGO, Illinois: McDonald's is closing its experimental beverage spinoff, CosMc's, less than two years after launching the standalone...

China’s Lenovo profit plunges 64%, misses estimates sharply
China's Lenovo posts quarterly profit, short of estimates, shares slip

BEIJING, China: China's Lenovo reported a steep 64 percent drop in fourth-quarter profit, falling significantly short of analyst expectations...

Economic data gives welcome relief to Wall Street
Dow Jones soars 741 points on robust consumer confidence

NEW YORK, New York - Strong economic data jump-started U.S. stocks and the dollar Tuesday, a welcome reprieve after weeks of pressure...

PepsiCo cleared in FTC case over Walmart discounts
FTC drops price bias lawsuit against PepsiCo

NEW YORK CITY, New York: This week, the U.S. Federal Trade Commission (FTC) dropped its lawsuit against PepsiCo, which had accused...

Builder discounts drive sales spike, but housing outlook wary
April US new home sales hit 3-year high amid price cuts

WASHINGTON, D.C.: New single-family home sales in the U.S. rose sharply in April to their highest level in over three years as builders...

CEO says health push weakened Nestle, vows return to F&B roots
Nestle refocuses on core food business after diversification misstep

VEVEY, Switzerland: Nestle is realigning its focus on its core food and beverage operations after expanding into areas like health...

North Carolina

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God responsible for his presidency, claims Trump
Trump says God behind his 2020 election loss

WASHINGTON, DC - U.S. President Donald Trump on Monday said he believed God was behind his election loss in 2020, even though he has...

US drug launch prices double in four years, Reuters finds
Prices for new US drugs doubled in 4 years, focusing on rare diseases

BRUSSELS, Belgium: U.S. drugmakers are charging significantly more for new treatments, particularly those targeting rare diseases,...

Corey Heim runs away with Truck Series race at Charlotte
Corey Heim runs away with Truck Series race at Charlotte

(Photo credit: Mark J. Rebilas-Imagn Images) CONCORD, N.C. -- This time, Corey Heim didn't just slam the door on his NASCAR CRAFTSMAN...

Etihad Airways expands US network with first flights to North Carolina
Etihad Airways expands US network with first flights to North Carolina

ABU DHABI, 16th May, 2025 (WAM) -- Etihad Airways has announced a new addition to its growing US network with the launch of non-stop...

States Can Take Meaningful Climate Action, Even Without Federal Support: Study
States Can Take Meaningful Climate Action, Even Without Federal Support: Study

State action to reduce carbon emissions and address climate change can make a big difference, even in the absence of a strong federal...

Joe Thuney details why he wanted to remain with Bears long term
Joe Thuney details why he wanted to remain with Bears long term

Larry Mayer When the Bears acquired Joe Thuney in a trade with the Chiefs in mid-March, the four-time All Pro guard arrived with...

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