BANGKOK (AP) — Japan revised its earlier estimates to show that its economy contracted at a 2.9% annual pace in the first quarter of the year, as meanwhile a survey by the central bank released Monday showed conditions remain sluggish. Analysts had expected the downward revision in the GDP data for January-March and said it […]
The glass is looking half empty for Starbucks (SBUX) this quarter. For its Q2 earnings, the company missed expectations across the board, posting lower than expected revenue, earnings, and same store sales growth, as customers pulled back on the frequency of their visits and size of their orders. CEO Laxman Narasimhan called it a “a […]
Those looking for consistency from Donald Trump on abortion policy are going to be disappointed. He was, after all, “very” and “strongly” in support of reproductive rights in the not-too-distant past. That, of course, was long before the Republican reinvented himself. But even after the former president’s metamorphosis, Trump struggled with relevant details. In fact, […]
The Office of Management and Budget announced Thursday that the U.S. government would revise how it categorizes race and ethnicity, adding the category of “Middle Eastern or North African” to forms such as the U.S. Census in order to better reflect an increasingly diverse population. The changes, the first to be implemented in 27 years, […]
(Bloomberg) — Archer-Daniels-Midland Co. revised its intersegment sales for the last three years following an internal probe into its financial reporting and disclosed a $137 million impairment charge related to its animal nutrition unit. The shares rose in early trading. Most Read from Bloomberg Operating profits and intersegment revenues at its nutrition business were adjusted […]
WASHINGTON (AP) — U.S. officials are revising their preliminary findings on what happened to two Navy SEALs who died during a mission to board an unflagged ship that was carrying illicit Iranian-made weapons to Yemen. Based on further review and interviews with personnel involved in the operations, U.S. officials said Wednesday that Navy Special Warfare […]
One day after the devastating attack in the city of Kerman, Iran’s emergency services have once again revised the death toll downwards, this time to 84 killed and 284 injured. The new figures, released on Thursday, are according to the state news agency IRNA, which cited the head of Iran’s National Medical Emergency Organization, Jafar […]