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Stories and analysis from The Business Now newsroom.
Business
Is Dairy Queen Closing Down? Why More Than 40 Locations Shut Their Doors—and What It Really Means for Customers
Is Dairy Queen Closing Down? Here’s the Truth Behind the Recent Store Closures News that more than 40 Dairy Queen franchise locations have closed across the United States has sparked concern among customers, with many asking the same question: Is Dairy Queen shutting down? The short answer is no. The closures involve franchise-operated restaurants, not...
Business
Why Leadership Changes Matter More Than AI Models: What Fidji Simo’s Transition Says About OpenAI’s Next Chapter
Why Leadership Changes Matter More Than AI Models: What Fidji Simo’s Transition Says About OpenAI’s Next Chapter Artificial intelligence companies are often judged by the models they release. But behind every major AI breakthrough is another story that receives far less attention: leadership. OpenAI announced that executive Fidji Simo will transition from her operational role...
Business
Canada Jobs Report, Fed Policy Report & ECOFIN Meetings: 5 Economic Events That Could Move Global Markets Today
Top Economic Events Today: Why Traders Worldwide Are Watching Canada, Europe, and the Federal Reserve Global financial markets are entering another high-impact trading session as investors prepare for several important economic events that could influence currencies, stocks, bonds, commodities, and central bank expectations. Today’s calendar is led by Canada’s Employment Report, ECOFIN Meetings in Europe,...
Business
PepsiCo (PEP) Earnings Preview: Can the Beverage Giant Beat Expectations Again? What Wall Street Is Watching
PepsiCo Earnings Preview: Can PEP Continue Its Winning Streak? PepsiCo (NASDAQ: PEP) is back in focus as investors await its next quarterly earnings report. While the official reporting date has yet to be confirmed, analysts expect another closely watched quarter for one of the world’s largest food and beverage companies. The current consensus projects earnings...
Business
Why AI Chip Stocks Are Powering the US Stock Market While Consumer Giants Struggle
Wall Street opened Thursday with cautious optimism, as investors continued rotating money into artificial intelligence and semiconductor companies while trimming exposure to slower-growth consumer businesses. The broader U.S. stock market traded modestly higher, supported primarily by technology shares. Although major indexes posted only limited gains, investor attention quickly shifted toward one standout performer—Lam Research, whose...
Business
Fed’s John Williams Warns AI Could Become the Next Inflation Risk: What It Means for the U.S. Economy
As artificial intelligence transforms industries across the globe, one of the Federal Reserve’s most influential policymakers believes the technology could become one of the biggest economic stories of the decade. John Williams, President of the Federal Reserve Bank of New York, recently said that artificial intelligence has become one of his primary concerns when thinking...
Business
SK Hynix Targets Higher US Offering Price as AI Chip Demand Fuels Investor Optimism
South Korean semiconductor giant SK Hynix is reportedly seeking to price its planned U.S. offering at approximately 3.1% above its latest closing price in South Korea, signaling strong confidence in investor demand and the continued momentum behind artificial intelligence (AI) infrastructure. The move comes as global semiconductor companies remain at the center of the AI...
Business
Apple and Broadcom Extend Multi-Billion Dollar Chip Partnership Through 2031: $30 Billion Deal to Boost U.S. Manufacturing
Apple Strengthens U.S. Chip Supply with Historic Broadcom Partnership Apple has announced a major long-term agreement with semiconductor giant Broadcom, extending their strategic chip supply partnership through 2031 in a deal expected to exceed $30 billion. The agreement marks one of Apple’s largest commitments to U.S.-based semiconductor manufacturing and reinforces its strategy of securing critical...
Business
Samsung Confirms Galaxy Unpacked 2026 Event: Galaxy Z Fold 8, Galaxy Z Fold 8 Ultra & Z Flip 8 Set for Grand Launch
Samsung has officially announced the date for its highly anticipated Galaxy Unpacked 2026 event, where the company is expected to unveil its next generation of foldable smartphones and AI-powered devices. The event will take place on July 22, 2026, in London, marking one of Samsung’s biggest product launches of the year. With the teaser tagline...