KFC is kicking off a big global makeover aimed at drawing in a younger crowd, focusing on boneless chicken options, a wider range of sauces, and revamped restaurant designs, especially as the competition heats up in the fast-growing chicken market.
Reddit has introduced a new feature that lets users post videos right in the comment sections, opening up even more ways for everyone to join in on discussions throughout the platform.
Sam Bankman-Fried, the former head of FTX, just hit a big legal roadblock. A federal appeals court decided to uphold his fraud conviction, keeping his 25-year prison sentence for his part in the collapse of the cryptocurrency exchange.
The world is preparing for the much awaited news of Space Exploration Technologies Corp. or SpaceX, tech visionary Elon Musk's brain child, starting trading on the U.S. Market for the first time. The initial public offering or IPO, which is deemed to be the largest stock market debut in history, is making Musk world's first trillionaire.
Space Exploration Technologies Corp. (SPCX) has boosted the funds from its historic initial public offering to a massive $85.7 billion, with underwriters deciding to exercise their overallotment option, as mentioned in an investor relations update released on Monday.
Fox Corp. (FOXA, FOX) Monday said it has agreed to acquire Roku Inc. (ROKU) in a cash-and-stock transaction valued at approximately $22 billion, combining Fox's sports, news, and entertainment assets with Roku's connected-TV platform. Under the terms of the agreement, Roku shareholders will receive...
Tatton Asset Management plc (TAM.L) released a profit for its full year that Increases, from last year The company's earnings came in at GBP18.84 million, or GBP0.3022 per share. This compares with GBP16.14 million, or GBP0.2621 per share, last year. Excluding items, Tatton Asset Management plc...
Rathbones Group Plc (RAT.L) on Tuesday said it expects to incur about £60 million in costs over the next two years to address findings from a regulatory review of its UK Wealth Management business. The review, conducted following engagement with the Financial Conduct Authority (FCA), identified areas...
Hilton Food Group Plc (HFG.L, HLFGY, HLTFF) on Tuesday announced that Executive Chair Mark Allen will assume the role of Group Chief Executive Officer effective July 1. The company also appointed Mark Clare as an independent non-executive chair on the same date. The leadership changes follow the...
Saab (SAABb.ST) and the French General Directorate of Armaments, Direction générale de l'Armement, have signed a contract regarding Saab's Next Generation Light Anti-tank Weapon. Deliveries are scheduled 2026-2030. The order includes NLAW weapons as well as indoor and outdoor trainers. NLAW is Saab's...
Kohl's Corp. (KSS), a departmental store chain, announced that it has appointed Elliott Rodgers as its Chief Operating Officer, effective September 9. He will be reporting to CEO Michael Bender. As the new COO, Rodgers will be taking charge of the company's operations in 1200 stores across the US,...
On Monday, Innovex International, Inc. (INVX), an oil and energy company, announced that it has signed an agreement to acquire TCO Group AS in a cash and stock transaction valued at $95 million. On the NYSE, the shares of Innovex were trading 3.87 percent lower at $28.31. The investment is expected...
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.
PTC Therapeutics, Inc. (PTCT) announced the pricing of a $500 million offering of convertible senior notes due 2031 in a Rule 144A private placement to qualified institutional buyers. The notes carry an initial conversion price of approximately $107.48 per share, representing a conversion rate of 9.3042...
Gilead Sciences, Inc. (GILD) announced that the U.S. Food and Drug Administration (FDA) accepted its supplemental New Drug Application (sNDA) for Yeztugo (lenacapavir) for the prevention of HIV as pre-exposure prophylaxis (PrEP) and has set a Prescription Drug User Fee Act (PDUFA) action date of February...
Today's top gainers include Regentis, amid developments including its withdrawal of a planned U.S. listing application (Form F-1) with the SEC; Cuprina, following FDA clearance for its maggot debridement therapy; and Intellia, after reporting additional positive results for its hereditary angioedema program, among others.
Neumora Therapeutics Inc. (NMRA), a clinical-stage biopharmaceutical company, on Monday announced the discontinuation of the Phase 3 KOASTAL program evaluating Navacaprant for the treatment of major depressive disorder. Following the announcement, shares fell over 50% on Monday. The KOASTAL-2...
Redcare Pharmacy N.V. (SAE1.F, RDC.DE) Monday raised its full-year 2026 guidance after reporting stronger-than-expected trading during the first two months of the second quarter, driven by accelerating growth in both prescription (Rx) and non-prescription (non-Rx) sales. The online pharmacy operator...
The Reserve Bank of Australia left its benchmark interest rate unchanged on Tuesday as policymakers evaluate the effects of three consecutive rate hikes and the impact of oil supply disruption. The policy board, governed by Michele Bullock, unanimously voted to hold the cash rate target at 4.35 percent. The bank had lifted the policy rate by 25 basis points each in February, March and May.
The Bank of Japan raised its benchmark interest rate by a quarter-point on Tuesday, to its highest level since 1995. The policy board of BoJ voted 7-1 to raise the interest rate to 1.00 percent from 0.75 percent.
The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The RBA is expected to keep its benchmark lending rate steady at 4.35 percent. The Bank of Japan will also...
Homebuilder confidence has seen a modest deterioration in the month of June, according to a report released by the National Association of Home Builders on Monday. The report said the NAHB/Wells Fargo Housing Market Index dipped to 35 in June after jumping to 37 in May. Economists had expected the index to edge down to 36.