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Business

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7-Eleven plans 645 store closures as consumer spending slows
7-Eleven plans 645 store closures as consumer spending slows

NEW YORK CITY, New York: 7-Eleven is set to significantly shrink its North American footprint this year, planning to close far more...

IMF urges targeted aid over fuel subsidies as oil prices surge
IMF urges targeted aid over fuel subsidies as oil prices surge

WASHINGTON D.C.: Governments should resist the urge to roll out broad fuel subsidies to cushion the blow of surging energy prices triggered...

Dow Jones bucks trend Wednesday, slips 72 points
Dow Jones bucks trend Wednesday, slips 72 points

NEW YORK, New York - U.S. stock markets closed mixed on Wednesday as a powerful rally in technology shares lifted the Nasdaq Composite,...

6.8% rise year-on-year till February in property prices in Ireland
6.8% rise year-on-year till February in property prices in Ireland

DUBLIN, Ireland: The Central Statistics Office (CSO) has revealed that property prices have risen 6.8 percent in the 12 months to February...

Amazon inks $11.57 billion Globalstar deal to boost satellite push
Amazon inks $11.57 billion Globalstar deal to boost satellite push

SEATTLE, Washington: Amazon is making a major push into satellite communications with a US$11.57 billion deal to acquire Globalstar,...

Proposed United-American merger faces major regulatory hurdles
Proposed United-American merger faces major regulatory hurdles

WASHINGTON, D.C.: A proposed tie-up between United Airlines and American Airlines could dramatically reshape the U.S. aviation sector,...

California

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OpenAI says no data breach after third-party security scare
OpenAI says no data breach after third-party security scare

SAN FRANCISCO, U.S.: OpenAI said it had addressed a security issue linked to a third-party developer tool, adding that there was no...

Air cargo crunch, ocean delays push firms to rethink routes
Air cargo crunch, ocean delays push firms to rethink routes

LOS ANGELES/MONTREAL: Global supply chains are being reshaped as companies search for alternative shipping routes to bypass disruptions...

As it turns 100, Route 66 remains global icon for American road trips
As it turns 100, Route 66 remains global icon for American road trips

ALBUQUERQUE, New Mexico: Despite losing its status decades ago as one of the nation's main arteries, people from around the world still...

Reds ride Sal Stewart's power surge into finale vs. Giants
Reds ride Sal Stewart's power surge into finale vs. Giants

(Photo credit: Aaron Doster-Imagn Images) Frustration is setting in for the San Francisco Giants, who will look to avoid being swept...

Braxton Ashcraft, ascending Pirates set for finale vs. Nationals
Braxton Ashcraft, ascending Pirates set for finale vs. Nationals

(Photo credit: Charles LeClaire-Imagn Images) Pirates right-hander Braxton Ashcraft and Washington Nationals left-hander Foster Griffin...

Oilers can wrap up home ice in playoffs with win over Canucks
Oilers can wrap up home ice in playoffs with win over Canucks

(Photo credit: Perry Nelson-Imagn Images) The Edmonton Oilers cannot win the Pacific Division, but home-ice advantage in the first...