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Starbucks sales miss expectations, but its U.S. turnaround is gaining steam

Starbucks sales miss expectations, but its U.S. turnaround is gaining steam

Starbucks on Thursday reported mixed quarterly results as its international cafes underperformed expectations. However, its U.S. turnaround continues to take hold, as its home market topped expectations during the coffee giant's final quarter of fiscal 2026. "We enter fiscal 2027 with momentum, a clear set of

Cheaper cars are selling considerably faster than at the beginning of the year

Cheaper cars are selling considerably faster than at the beginning of the year

Consumers are concerned about rising fuel prices and affordability — and that could be showing up in how fast the least expensive cars are moving off dealer lots. From the first quarter to the third, the number of days it took a dealer to sell a vehicle priced between $20,000

OpenAI slashes funding target by $10 billion amid tech rout, FT reports

OpenAI slashes funding target by $10 billion amid tech rout, FT reports

FILE PHOTO: OpenAI logo is seen in this illustration created on June 11, 2026. REUTERS/Dado Ruvic/Illustration/File Photo Oct 30 : OpenAI has slashed the target for its latest funding round by $10 billion amid a selloff in tech stocks driven by AI worries, the Financial Times reported on

Crypto exchanges call for quick moves to bolster defenses after Binance heist

Crypto exchanges call for quick moves to bolster defenses after Binance heist

Binance logo and hacker code are seen in this illustration taken October 30, 2026. REUTERS/Dado Ruvic/Illustration Oct 30 : Crypto exchanges are taking quick action to bolster their defenses and urging greater industry-wide information-sharing after a record $6.3 billion hack of Binance exposed their vulnerability just

China's factory activity marks third contraction in four months

China's factory activity marks third contraction in four months

A worker wearing a face mask works on a production line manufacturing bicycle steel rim at a factory, in Hangzhou, Zhejiang province, China Mar 2, 2020. (File Photo: China Daily via Reuters) BEIJING: China's factory activity unexpectedly dropped in October, its third contraction in four months, a government

India orders top drugmaker to halt eye medicine production at plant over quality lapses

India orders top drugmaker to halt eye medicine production at plant over quality lapses

Indian regulators have escalated action against India's largest drugmaker, Sun Pharma, barring ophthalmic drug production at its Assam factory until it submits a satisfactory compliance report. A guard walks inside the office of Sun Pharmaceutical Industries Ltd in Mumbai, India, Nov 13, 2018. (Photo: Reuters/Francis Mascarenhas) HYDERABAD:

End of an era: Tracing Lee Biscuits' 92-year journey from Singapore to Johor

End of an era: Tracing Lee Biscuits' 92-year journey from Singapore to Johor

From Marie biscuits and cream crackers to colourful iced gems, Lee Biscuits' snacks were household staples for generations of Singaporeans and Malaysians. After 92 years, production is coming to an end. Workers taking photos outside the Lee Biscuits factory in Pontian, Johor on Oct 29, 2026. (Photo: CNA/Zamzahuri