Burger King Gains Ground as McDonald's Struggles in US Market
Business & Markets • 2 months ago
Burger King reported a significant jump in US sales, driven by its revamped Whopper, while McDonald's experienced a disappointing slowdown.
Business & Markets News
AI Investor Leopold Aschenbrenner Makes New $400 Million Bet Amidst Hedge Fund Turmoil
Business & Markets • 2 months ago
Following a near collapse and a significant asset sale, the investor known as the 'Nostradamus of AI' has placed a substantial new investment in a private company.
US Mortgage Rates Climb for Fifth Consecutive Week, Reaching Over a Year High
Business & Markets • 2 months ago
The sustained increase in borrowing costs adds pressure for prospective homebuyers facing affordability challenges.
Kellogg to Remove Artificial Dyes From Cereals by Year-End
Business & Markets • 2 months ago
The cereal maker is accelerating its plan to use fruit- and vegetable-based colors in products like Froot Loops and Apple Jacks.
Terra Kaffe Demi Automatic Espresso Machine Offers High-Tech Coffee Solution
Business & Markets • 2 months ago
This pod-free machine uses fresh beans to brew various coffee styles, aiming to reduce waste and long-term costs.
Seann William Scott Lists Malibu Compound for $17.5 Million
Business & Markets • 2 months ago
The "American Pie" actor's Balinese-inspired estate above Zuma Beach features a resort-style pool and tennis court.
Luxury Studio City Home Built by Celebrity Developers Sells for Record $13.2 Million
Business & Markets • 2 months ago
The newly constructed "Scandifornian"-style residence in Fryman Canyon achieved a neighborhood record on a price-per-square-foot basis.
Iconic Raleigh Bike Brand Faces Uncertainty as Owner Enters Insolvency Proceedings
Business & Markets • 2 months ago
The Dutch-based Accell Group, which acquired Raleigh in 2012, has failed to find a buyer after exhausting all options to keep the business viable.
Apollo Global Management to Acquire EasyJet in $5.7 Billion Deal
Business & Markets • 2 months ago
Private equity firm Apollo has reached an agreement to take over the budget airline, ending a protracted bidding war after rival Castlelake withdrew its offer.