Donald J. Trump
Yum Brands revenue misses as Pizza Hut’s same-store sales fall 2%
Yum Brands on Wednesday reported mixed quarterly results as Pizza Hut’s same-store sales dropped more than expected. Shares of the company fell more than 1% in premarket trading. Here’s what the company reported for the first quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: $1.30 […]
Read More
Europe stocks open higher amid earnings deluge; autos gain on tariff hopes
European stock markets opened higher on Wednesday, as investors pored through another slew of earnings along with euro zone economic growth data. The Stoxx 600 index was up 0.44% at 8:08 a.m. in London after notching a sixth straight positive session on Tuesday, extending its longest winning streak since January. The U.K.’s FTSE 100 meanwhile closed higher […]
Read More
Britain at risk of losing ground to rival fintech and crypto hubs, execs warn
Key Points Britain is at risk of losing budding fintech and cryptocurrency entrepreneurs to rival hubs if it doesn’t work to address pressing challenges with regulation and funding, industry leaders say. The country’s finance watchdog has faced criticisms that it’s become too restrictive of companies seeking to shake up the financial services landscape with digital […]
Read More
Asia-Pacific markets trade mixed as investors parse key regional data
Cityscape and Tokyo Tower at sunset, Tokyo, Japan. © Marco Bottigelli | Moment | Getty Images Asia-Pacific markets trade mixed Wednesday as traders parse a slew of key economic data in the region. Japan’s benchmark Nikkei 225 rose 0.14% while the Topix added 0.5%. South Korea’s Kospi slipped 0.2% and the Kosdaq dipped 0.25%. Australia’s benchmark […]
Read More
CNBC Daily Open: Shock, but not much awe in Trump’s first 100 days
U.S. President Donald Trump speaks during a rally to mark his 100th day in office, at Macomb Community College in Warren, Michigan, U.S., April 29, 2025. Evelyn Hockstein | Reuters The term “shock and awe” is used to describe a military strategy where rapid dominance is achieved over an adversary by the initial imposition of […]
Read More
Trump’s first 100 days in photos
There is one thing President Donald Trump’s fans and foes can both agree on: A lot has happened over the past 100 days. The Republican president kicked off his nonconsecutive second term on Jan. 20 with a promise to usher in “the golden age of America.” He has wasted no time in implementing his version […]
Read More
Oddity Tech soars 15% after it raises outlook despite tariff threat
As the retail industry braces for profits to take a hit from tariffs, Oddity Tech is bucking the trend and raising its outlook after another quarter of outsized growth, the company said Tuesday. The beauty and tech retailer behind Il Makiage and Spoiled Child hiked both its earnings and profit guidance for fiscal 2025 and […]
Read More
Trump: ‘I think we’ll have a deal with India’ on tariffs and trade
U.S. President Donald Trump speaks to the media before boarding Marine One as he departs for Michigan to attend a rally to celebrate his first 100 days in office, from the South Lawn of the White House in Washington, D.C., U.S., April 29, 2025. Leah Millis | Reuters President Donald Trump said Tuesday that tariff […]
Read More
SpaceX loses bid to control beach access near launch facility in Texas
SpaceX’s mega rocket Starship booster returns to the launch pad during a test flight from Starbase in Boca Chica, Texas, Thursday, Jan. 16, 2025. Eric Gay | AP As SpaceX awaits the results of a critical election that would turn the location of its Starbase launch site into an incorporated Texas city, lawmakers have declined […]
Read More
White House confirms ‘stacked’ tariff reprieve for auto industry
Autoworkers at Nissan’s Smyrna Vehicle Assembly Plant in Tennessee, June 6, 2022. The plant employs thousands of people and produces a variety of vehicles, including the Leaf EV and Rogue crossover. Michael Wayland / CNBC The White House on Tuesday confirmed plans for the Trump administration to soften the impact of automotive tariffs, as the […]
Read More