Browsing: Business

NASHVILLE: Starbucks will open a corporate operations office in Davidson County, Tennessee, later in 2026, the company and state officials announced Tuesday. The new site is expected to expand the coffee chain’s corporate presence in North America and provide an additional base

NEW YORK: U.S. stocks finished lower on Friday, Feb. 27, as a broad selloff in financial shares weighed on major indexes and capped a choppy week for markets. The S&P 500 slipped 0.4% to 6,878.88, while the Dow Jones Industrial Average fell

CUPERTINO: Apple Inc. (AAPL) said on Feb. 24, 2026 it is on track in 2026 to purchase well over 100 million advanced semiconductors made by Taiwan Semiconductor Manufacturing Co. at the chipmaker’s Arizona facility. Apple described the expected volume as a significant

NEW YORK: Gold prices edged higher on Thursday as the U.S. dollar softened, lifting demand for the metal in international markets. Spot gold rose 0.5% to $5,195.99 an ounce by 0639 GMT, holding near levels last seen around a more than three-week

CALIFORNIA: Nvidia reported record quarterly revenue and profit on Wednesday, saying demand linked to artificial intelligence continued to lift its data center business. The chipmaker said fourth-quarter revenue rose to $68.1 billion for the period ended Jan. 25, up 73% from a

WASHINGTON: President Donald Trump has raised a temporary, across-the-board U.S. import tariff to 15% from 10%, applying the higher rate to most goods entering the United States from all countries as the administration shifts to a new legal basis for its sweeping duties.

NEW DELHI: India joined the Pax Silica initiative on Feb. 20 by signing the Pax Silica Declaration and a bilateral addendum titled the Joint Statement on the India-U.S. AI Opportunity Partnership at an event held on the margins of the AI Impact

WASHINGTON: President Donald Trump on Friday announced a new 10% import duty on goods entering the United States from around the world, moving to replace a set of emergency tariffs that the U.S. Supreme Court struck down hours earlier. In remarks at the

BENTONVILLE: Walmart said fourth-quarter revenue rose 5.6% from a year earlier to $190.7 billion during the holiday shopping period, while its earnings outlook for the new fiscal year came in below analysts’ expectations. The retailer reported adjusted earnings of 74 cents a

NEW YORK: Oil futures climbed on Friday as investors tracked heightened U.S.-Iran tensions and fresh warnings from President Donald Trump, adding a geopolitical risk premium to crude prices. Brent crude traded around $71.27 a barrel and U.S. West Texas Intermediate near $66.06, leaving