Starbucks has reported weaker-than-expected earnings for its fiscal second quarter, with same-store sales declines for five consecutive quarters. However, the coffee giant’s CEO, Brian Niccol, is optimistic about the company’s turnaround strategy. Despite missing revenue estimates and earnings per share expectations, Niccol expressed confidence in the progress made so far. He attributed this to the … Read more
The American Association for Cancer Research’s annual meeting in Chicago drew an estimated 21,000 attendees, despite concerns about cancer research being impacted by recent Trump administration actions. In a surprising twist, many scientists and oncologists expressed enthusiasm for the latest advances and innovations in their field, including notable findings that could transform cancer prevention and … Read more
US President Donald Trump’s tariffs on foreign goods have left toy makers in a difficult spot. Companies like MGA Entertainment, which produces Bratz dolls, are struggling to find affordable materials for their products. “We can’t make hair for our dolls here,” says Isaac Larian, CEO of MGA Entertainment. “We’d have to sell bald dolls.” This … Read more
Vesta, once considered an asteroid too big to be ordinary yet small enough not to be called a planet, has had its scientific status upended. A new study led by the NASA Jet Propulsion Laboratory re-examined data from the Dawn spacecraft and found that Vesta’s internal structure is almost uniform throughout. The research team looked … Read more
Starbucks’ second-quarter sales fell short of expectations, with total same-store sales declining 1% compared to a 0.26% drop forecast by analysts. The coffee giant attributed the decline to inflation and economic uncertainty in the US, but said its “Back to Starbucks” plan is showing signs of progress. CEO Brian Niccol stated that while the company’s … Read more
Billy Bob Thornton’s Western drama “Landman” is casting extras for its second season, which is currently filming in Fort Worth. The show, based on Christian Wallace’s podcast “Boomtown,” follows the story of an oil industry middleman and problem solver played by Thornton. The film’s production team is looking for actors to play various roles, including … Read more
DHL has resumed global shipments from businesses to American consumers worth more than $800 after a brief suspension earlier this month. The company had temporarily halted business-to-consumer (B2C) shipments in April due to new US customs regulations requiring formal processing for entries above $800. The change in threshold, down from $2,500, has led to a … Read more
Mastercard has unveiled its end-to-end stablecoin capabilities, aiming to make transactions as seamless as traditional payments. The company will launch the “OKX Card” in partnership with crypto exchange OKX, linking crypto trading and Web3 spending to its merchant network. The new global system supports wallet enablement, card issuance, merchant settlement, and on-chain remittances across various … Read more
CG Oncology, Inc. (NASDAQ:CGON) announced positive results from its Phase 3 BOND-003 trial for patients with high-risk non-muscle invasive bladder cancer. The study showed a complete response rate of 75.5% at any time, with 34 confirmed responses and nine patients still awaiting their 24-month assessment. The trial demonstrated significant efficacy in patients who were unresponsive … Read more
A 113-million-year-old fossil of a “hell ant” has been found in storage in Brazil, pushing back the known age of ants by 14 million years. The newly discovered Vulcanidris cratensis is one of several extinct “hell ant” species characterized by their demonic-looking jaws. Its discovery provides evidence of ants’ presence in South America during the … Read more