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Business

Section
U.S. stocks directionless, although Nasdaq Composite adds 61 points
Wall Street subdued as Dow Jones index dips 1 point

NEW YORK, New York - Wall Street delivered a split performance on Monday, with the Nasdaq Composite notching up gains while the Dow...

Kering eyes partial sale of Fifth Ave building to cut debt
Kering in talks to sell stake in $1 billion Fifth Avenue property

NEW YORK CITY, New York: Luxury group Kering is in exclusive discussions to sell a stake in its prime New York real estate asset on...

P&G announces 7,000 job cuts in two-year global restructuring
P&G to cut 7,000 jobs, streamline brands amid tariff pressures

CINCINNATI, Ohio: Facing global economic headwinds and mounting tariff pressures, Procter & Gamble announced plans this week to cut...

Tesla faces EV market pressure as May sales slide in Europe
Tesla sales fall again in Europe ahead of new Model Y rollout

AMSTERDAM, Netherlands: Tesla saw a sharp decline in sales across several major European markets in May, marking its fifth consecutive...

Mercedes prepares for supply breaks as China delays mineral supply
European car plants halt as China limits rare earth exports

BERLIN/FRANKFURT: Some car parts factories in Europe have stopped production, and companies like Mercedes-Benz are making backup plans...

McDonald’s Snack Wrap returns to US after 9-year hiatus
McDonald's brings back Snack Wrap to US 9 years later

CHICAGO, Illinois: McDonald's is bringing back its much-loved Snack Wrap in the U.S. starting July 10. The wrap, which includes chicken,...

California

Section
More US teens turning to Wegovy as obesity rates climb
Wegovy use among US teens rises 50 percent amid obesity surge

LOS ANGELES, California: As obesity rates among American teenagers climb to historic levels, more families and doctors are cautiously...

Meta joins tech shift to nuclear power for AI and data centers
Meta taps nuclear power to fuel its growing AI infrastructure

MENLO PARK, California: As artificial intelligence demands explode, Big Tech is turning to an old source for new power: nuclear energy....

Job cuts part of Disney’s ongoing shift to streaming strategy
Disney to lay off hundreds across film, TV, and finance

BURBANK, California: Walt Disney is laying off several hundred employees across its film, television, and corporate finance departments,...

Shareholder deal forces Google to revamp compliance for $500M
Google to spend $500M on compliance in shareholder lawsuit

MOUNTAIN VIEW, California: To settle a major shareholder lawsuit, Google is writing a US$500 million check — not for damages, but to...

Pentagon to deploy Marines amid California unrest
Pentagon to deploy Marines amid California unrest

The troops will help protect federal property against rioters, US Northern Command said The Pentagon will deploy active-duty Marines...

Trump deploying "additional" 2,000 National Guard troops in LA amid ongoing protests
Trump deploying "additional" 2,000 National Guard troops in LA amid ongoing protests

Washington, DC [US], June 10 (ANI): United States President Donald Trump is sending an additional 2,000 National Guard troops to support...