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Business news

Starbucks China attracts bids valuing the coffee chain at up to $10 billion, sources say

July 9, 2025 by Admin
Starbucks China attracts bids valuing the coffee chain at up to  billion, sources say

Starbucks China has attracted offers for a potential stake sale, valuing the coffee chain at up to $10 billion, three people familiar with the deal process told CNBC. Almost 30 domestic and foreign private equity firms in China have submitted non-binding offers, the sources said, adding that proposals on the …

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Global stock markets’ best and worst performers in a Trump-fueled 2025 — and where they’re headed

July 8, 2025 by Admin
Global stock markets’ best and worst performers in a Trump-fueled 2025 — and where they’re headed

Global stocks have surged to unprecedented levels in the first half of 2025, even as U.S. President Donald Trump’s tariff salvos ripple across the globe. Here are the top winners and losers globally, as well as where they’re headed. The MSCI All Country World Index, which measures the performance of …

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‘Big beautiful bill’ may help some seniors on Social Security. But it doesn’t eliminate taxes on benefits

July 7, 2025 by Admin
‘Big beautiful bill’ may help some seniors on Social Security. But it doesn’t eliminate taxes on benefits

Republican presidential nominee former President Donald Trump speaks at a campaign rally in Asheville, N.C., Wednesday, Aug. 14, 2024. Matt Rourke | AP The Social Security Administration sent what experts say is a misleading email to consumers last week, describing President Donald Trump‘s “one big beautiful bill” as “long-awaited tax …

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Here are Monday’s biggest analyst calls: Nvidia, Tesla, Netflix, Wynn, GE Vernova, Wells Fargo, AT&T & more

July 7, 2025 by Admin
Here are Monday’s biggest analyst calls: Nvidia, Tesla, Netflix, Wynn, GE Vernova, Wells Fargo, AT&T & more

Here are Monday’s biggest calls on Wall Street: William Blair downgrades Tesla to market perform from outperform William Blair said it’s concerned about the effect on Tesla from the Big Beautiful bill passage. “The ‘Big, Beautiful Bill’ Might Be Too Much for Tesla Shares, Downgrading to Market Perform.” Read more …

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Here are the 2 big things we’re watching in the stock market in the week ahead

July 6, 2025 by Admin
Here are the 2 big things we’re watching in the stock market in the week ahead

Wall Street’s blistering three-month rally on cooling trade tensions will be put to the test this week. It’s an exceptionally light week of economic data and earnings releases, which means every little piece of information investors do get will be magnified. Against that sparse backdrop, President Donald Trump ‘s trade …

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What Trump’s ‘one big beautiful’ tax-and-spending package means for your money

July 4, 2025 by Admin
What Trump’s ‘one big beautiful’ tax-and-spending package means for your money

U.S. House of Representatives Speaker Mike Johnson and other Republican House members celebrate following the signing of U.S. President Donald Trump’s sweeping spending and tax bill, on Capitol Hill in Washington, D.C., U.S., July 3, 2025. Jonathan Ernst | Reuters How to read this guide Follow along from start to …

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Ethereum is powering Wall Street’s future. The crypto scene at Cannes shows how far it’s come

July 4, 2025 by Admin
Ethereum is powering Wall Street’s future. The crypto scene at Cannes shows how far it’s come

CANNES — Wall Street’s new plumbing is being built on Ethereum and this week its architects took over the same French Riviera villas and red carpet venues that host the Cannes Film Festival in May. The Ethereum Community Conference, or EthCC, took over the beachside town that was swarming with …

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Apple scores big victory with ‘F1,’ but AI is still a major problem in Cupertino

July 4, 2025 by Admin
Apple scores big victory with ‘F1,’ but AI is still a major problem in Cupertino

Formula One F1 – United States Grand Prix – Circuit of the Americas, Austin, Texas, U.S. – October 23, 2022 Tim Cook waves the chequered flag to the race winner Red Bull’s Max Verstappen  Mike Segar | Reuters Apple had two major launches last month. They couldn’t have been more …

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IPO market gets boost from Circle’s 500% surge, sparking optimism that drought may be ending

July 3, 2025 by Admin
IPO market gets boost from Circle’s 500% surge, sparking optimism that drought may be ending

Jeremy Allaire, CEO and co-founder of Circle Internet Group, the issuer of one of the world’s biggest stablecoins, and Circle Internet Group co-founder Sean Neville react as they ring the opening bell, on the day of the company’s IPO, in New York City, U.S., June 5, 2025. NYSE For over …

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Hong Kong’s IPO market is on fire — here’s what’s fueling the surge

July 2, 2025 by Admin
Hong Kong’s IPO market is on fire — here’s what’s fueling the surge

Robin Zeng, founder and chairman of Contemporary Amperex Technology Co. Ltd. (CATL), third right, strikes a gong as Paul Chan, Hong Kong’s financial secretary, second right, and Bonnie Chan, chief executive officer of Hong Kong Exchanges & Clearing Ltd. (HKEX), right, applaud during the CATL listing ceremony at the Hong …

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