Business

Egg Prices Hit Record High, Grocers Resort to Gimmicks to Keep Shoppers Satisfied

Egg prices are at a record high, but grocers are keeping them affordable to attract shoppers. They're employing strategies like loss leaders, promotions, and loyalty programs to make up for the losses they're taking on eggs. However, prices are expected to keep rising, as avian flu continues to decimate laying hen flocks.

Published on: February 13, 2025, 10:02 AM UTC

Avolon CEO Sees Boeing Production Recovery, Cautions on Supply Chain

Avolon CEO Praises Boeing's Production Stabilization Efforts After Strike, Highlights Supply Chain Strain

Published on: February 13, 2025, 10:00 AM UTC

Cisco Shares Surge 6.4% on Strong Demand for Cloud Networking Gear

Cisco Systems shares jump 6.4% premarket on raised revenue forecast, strong cloud demand

Published on: February 13, 2025, 10:00 AM UTC

Jollibee Shares Jump on Removal of Foreign Ownership Cap

Shares of Jollibee Foods Corp. surged the most in nearly five years on Thursday after the Philippines’ top restaurant operator secured the bourse’s approval to remove a 40% cap on foreign ownership of the company.

Published on: February 13, 2025, 09:01 AM UTC

Honda, Nissan Scrap Merger Talks, Citing Slow Decision-Making

Japanese auto giants Honda and Nissan end merger talks

Published on: February 13, 2025, 09:00 AM UTC

Mazda to Invest $150 Million in Thailand for Electric Car Production

Mazda to Invest $150 Million in Thailand to Build Electric SUVs

Published on: February 13, 2025, 09:00 AM UTC

CVS: Conservative Outlook Rewarded

Conservative outlook boosts CVS stock as Joyner defends PBM unit and announces 2025 estimates. Read more on the earnings call and analysts' reactions.

Published on: February 13, 2025, 08:02 AM UTC

Apple's Cautious Optimism: iPhone SE Launch and AI Partnership

Apple reportedly plans to launch its new iPhone SE with Alibaba's AI support. Analyst Edison Lee remains cautious, while others see potential in China. Apple Intelligence's success depends on integration, consumer behavior, and execution.

Published on: February 13, 2025, 08:02 AM UTC

NIH Indirect Cost Cut Threatens Biomedical Research

Federal health research funding in jeopardy as Trump administration cuts NIH indirect costs, sparking lawsuits, industry concerns, and fears of reduced biomedical research and a chilling effect on young researchers.

Published on: February 13, 2025, 08:01 AM UTC

Apple iPhones to Use Alibaba AI in China, Chairman Says

Alibaba provides AI technology for Apple iPhones in China, solidifying its position in the competitive domestic AI market.