Customers of Long Island-based 1-800-Flowers.com could receive refunds after the New York Attorney General’s Office announced Wednesday that the company agreed to pay $375,000 to settle complaints over its subscription policies. Attorney General Letitia James stated that an investigation found the company failed to make required disclosures regarding its Celebrations Passport subscription service, which allows … Read more
According to the United States Trade Representative’s office, the Trump administration announced new 10 and 12.5 per cent tariffs on more than 60 nations on Thursday, citing forced labour in global supply chains. The duties, which target countries including Canada, Mexico, and the United Kingdom, were unveiled just hours before a previous temporary tariff tool … Read more
Intel reported second-quarter revenue of $16.1 billion and adjusted earnings of 42 cents per share, surpassing consensus estimates from LSEG and notching its fastest quarterly revenue growth rate since 2011, according to company earnings data released Thursday. The performance drove an 11% jump for the stock in extended trading, fueled by surging demand for AI … Read more
New Zealand’s electricity market is failing to deliver adequate reliability or affordability for consumers, according to Entrust, the majority shareholder of Auckland’s lines company Vector. Government Reliability Obligations Expose Structural Flaws The Ministry of Business, Innovation and Employment put forward the Winter Energy Reliability Obligation to manage dry-year risks. “The whole reliability obligation that the … Read more
Health advisers convened by the Food and Drug Administration are reviewing more than a half-dozen peptides, unproven substances that have gained popularity in wellness trends despite limited safety and efficacy data. Kennedy Jr. FDA Panel Weighs Compounding Safety for Popular Peptides Federal regulators are evaluating whether to allow seven popular peptides to be added to … Read more
IBM reported second-quarter 2026 earnings that fell short of analyst expectations, leading the company to lower its full-year revenue growth forecast. According to data provided by the company, adjusted earnings per share reached $2.93 against an expected $2.97, while revenue totaled $17.16 billion compared to the $17.58 billion anticipated by the LSEG consensus. The company … Read more
Yemen’s Houthi rebels have declared a blockade on Saudi-linked shipping through the Bab el-Mandeb Strait, a critical maritime chokepoint connecting the Red Sea to the Gulf of Arabia. Strategic Importance of the Bab el-Mandeb Chokepoint The Bab el-Mandeb Strait serves as a vital artery for international commerce, facilitating the movement of approximately one-quarter of global … Read more
Foodstuffs Ends Clubcard Loyalty Programme Foodstuffs is phasing out its Clubcard loyalty programme, with the system set to officially close at 11.59pm this Sunday, July 26. The retailer has replaced the scheme with a new platform, Club+, which launched last month. Customers are encouraged to migrate their accounts to the new system to maintain access … Read more
The company will restrict its online footprint to its official website, mobile app, and flagship stores on Tmall, JD.com, and Douyin. This strategy aims to curb pricing inconsistency and brand fragmentation in a region that’s already shrunk about 30% in the last five years, according to company data. Consolidating the Digital Marketplace Currently, Nike products … Read more
Ongoing military exchanges between the United States and Iran have entered their tenth day, destabilizing global energy security as diplomatic efforts led by Pakistan struggle to restore a collapsed ceasefire. Strait of Hormuz and Global Energy Price Volatility The conflict centers on the Strait of Hormuz, a critical maritime chokepoint that handles approximately one-fifth of … Read more