Yum Brands, the parent company of Pizza Hut and KFC, recently reported a mixed quarter as both of these brands experienced declining same-store sales. The CEO, David Gibbs, attributed these challenges to the impacts of the Middle East conflict and a more cost-conscious consumer base. This has created headwinds for same-store sales at both Pizza
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SunPower, once a leader in the rooftop solar installation industry, has recently filed for bankruptcy. This news comes after months of struggling with high interest rates and allegations of misconduct in reporting practices. The company’s stock plummeted by 32% to a mere 55 cents per share, marking a staggering 90% collapse over the course of
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India’s ultra high net worth individuals (UHNWIs) are poised to experience unprecedented growth in the coming years, with consultancy Knight Frank predicting a surge of 50.1% by 2028. The financial center of Mumbai has already overtaken Beijing as Asia’s leading billionaire hub, signaling a significant shift in wealth distribution. With a rising population of ultra-wealthy
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Brokerage firm Robinhood made an announcement on Monday evening regarding the suspension of its overnight trading feature due to an issue with its execution venue, Blue Ocean ATS. This third-party firm, responsible for round-the-clock trading, notified Robinhood that it has temporarily suspended overnight market operations. As a result, 24 Hour Market orders that were open
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