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Business
Starbucks Japan now offers close-to-closing discounted items through its mobile order app
In Japan, there’s a common practice of supermarkets and takeout places discounting leftover items as they get close to closing time. It’s a win-win-win policy, as consumers get to save a little cash, the store gets to make some extra sales, and the reduction in food waste is a plus for… Read
Rising living costs dim holiday sparkle for U.S. households
At a Christmas market outside the U.S. capital, festive cheer alone hasn't been enough to drive affordability worries out of shoppers' minds -- as American households contend with creeping inflation this holiday season. "Prices are terrible. It makes it difficult to shop for a lot of your friends and family,"… Read
Oreo is bringing zero-sugar cookies to the US
Rejoice, New Year’s dieters: Oreos are getting a sugar-free option. Mondelez said Tuesday that Oreo Zero Sugar and Oreo Double Stuf Zero Sugar will go on sale in the U.S. in January. They’re a permanent addition to the company’s Oreo lineup. It’s the first time Mondelez has sold sugar-free Oreos… Read
PepsiCo to cut prices, eliminate products as part of a deal with an activist investor
PepsiCo plans to cut prices and eliminate some of its products under a deal with an activist investor announced Monday. The Purchase, New York-based company, which makes Cheetos, Tostitos and other Frito-Lay products as well as beverages, said it will cut nearly 20% of its product offerings by early next… Read
Asian shares slip after Wall Street pulls back from its record heights
Asian shares mostly fell Tuesday after U.S. stocks pulled away from their record heights, while U.S. futures edged higher. Tokyo's Nikkei 225 index was the main outlier, gaining 0.1% to 50,655.10. Chinese markets declined as investors watched for news from the Central Economic Work Conference, an annual planning meeting of… Read
China's trade surplus tops $1 trillion despite plunge in U.S.-bound exports
China's towering annual trade surplus surpassed $1 trillion for the first time last month, data showed Monday, as a sharp drop in shipments to the United States was offset by surging exports to other major markets. Presidents Xi Jinping and Donald Trump reached a tentative truce to their fierce trade… Read
Paramount goes hostile in bid for Warner Bros, challenging a $72 billion offer by Netflix
Paramount on Monday launched a hostile takeover offer for Warner Bros Discovery, initiating a potentially bruising battle with rival bidder Netflix to buy the company behind HBO, CNN and DC Studios, and the right to reshape much of the nation's entertainment landscape. Emerging just days after top Warner managers agreed… Read
Japan revises economic data to show bigger contraction in July-September period
Japan’s economy contracted at an annual pace of 2.3% in the July-September period, the government reported Monday, as exports suffered from the impact of U.S. President Donald Trump’s tariffs and public investments slipped. The decline in Japan’s gross domestic product, or the sum value of its goods and services, translates… Read
Japan bankruptcies likely to surpass 10,000 in 2025 for 2nd straight year
The number of corporate bankruptcies in Japan totaled 9,372 in the January-November period, making it likely that the figure for 2025 will surpass 10,000 for the second consecutive year, a survey by a credit research company said Monday. Bankruptcies with liabilities of 10 million yen or more in November fell… Read
Asian shares mixed ahead of Fed interest rate decision
Shares are mixed in Asia as investors tread cautiously ahead of an interest rate decision this week by the Federal Reserve. U.S. futures and oil prices rose. Flaring Japan-China tensions also were weighing on sentiment, as traders remained cautious. Japan and Australia urged calm on Sunday after Chinese military aircraft… Read
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