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The move is part of the company's "back to Starbucks" strategy as it tries to boost flagging sales.

The firm has repeatedly said it will not sell its US operation as it face a 19 January deadline.

(Bloomberg) -- Chinese officials are evaluating a potential option that involves Elon Musk acquiring the US operations of TikTok if the company fails to fend off a controversial ban on the short-video app, according to people familiar with the matter.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionBeijing officials strongly prefer that

(Bloomberg) -- Members of President-elect Donald Trump’s incoming economic team are discussing slowly ramping up tariffs month by month, a gradual approach aimed at boosting negotiating leverage while helping avoid a spike in inflation, according to people familiar with the matter.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionOne ide

Housebuilder Bellway says it has worked hard to resolve issues reported by residents.

Beijing officials prefer that TikTok remains under the control of parent Bytedance, the report said, citing sources. TikTok's U.S. operations could either be sold through a competitive process or an arrangement by the government, the report said, suggesting that the future of the app is no longer solely in ByteDance's control. China's government has a "golden share" in ByteDance, which several members of Congress have said gives the government power over Tiktok.

The upstart brokerage agreed to pay the Securities and Exchange Commission for failing to protect sensitive customer data, among other infractions.

Should more AI be used to help GPs with consultations and administrative work?

Amazon announced it is pulling the plug on its "Try Before You Buy" service launched in 2017, which allowed customers to order multiple items to check out before purchasing.

China's electric car market is headed for a sharp slowdown in 2025, according to analyst predictions, increasing pressure on companies trying to survive.

Wall Street will first parse the producer price index for December on Tuesday, followed by the consumer price index on Wednesday.

Former sub-postmasters still waiting for payments have told the government to "get it done".

The measure is meant to help tackle the country's housing crisis, the prime minister said.

Financial analysts at Wells Fargo Securities estimated that insured losses from the Southern California wildfires could exceed $30 billion based on their latest analysis.

Stocks are under pressure as strong data craters bets on the chances of Fed rate cuts.

Nvidia stock fell Monday after the Biden administration released new rules aimed at controlling the flow of artificial intelligence to China.

The US dollar has surged into the new year — and its rapid rise could further test corporate earnings.

Apple's board of directors recommended shareholders reject a proposal for the company to end its diversity, equity and inclusion (DEI) program, calling such a move "unnecessary."

Edison International — the parent company of the utility Southern California Edison — has seen its stock remain under pressure as lawsuits begin over its potential role in the fires that have ravaged parts of Southern California.

President Biden approved student loan handouts for another 150,000 people on Monday with just days left until his term in office comes to an end.

The new rules are intended to make sure the "the world's AI runs on American rails", and stays out of the hands of "malicious actors", say officials.

Chase Home Lending is providing disaster forbearance for mortgage customers affected by the wildfires, parent firm JPMorgan said on Monday. BofA also said its program includes the possibility of mortgage forbearance tailored to customer needs.

JPMorgan Chase CEO Jamie Dimon said in an interview with CBS that American voters' frustration with the government and policies it pursued led to President-elect Donald Trump's win.

Twenty-seven "underperforming" Kohl’s stores are set to shutter this spring. The company published a list of the locations late last week.

Daniel Cameron, CEO of The 1792 Exchange, warned that companies dealing with China could be facing risks that are largely unknown to their shareholders.

"I'm on the bubble side, on net. To move me off that, you really need not a price change, but a use case," Asness said of bitcoin.

Amazon and Meta have now joined the growing list of major corporations that have dialed back their diversity, equity and inclusion initiatives in the past year.

Stocks are under pressure as strong data craters bets on the chances of Fed rate cuts.

Moderna shares slumped Monday on the companies downgraded 2025 outlook

Media organizations are taking unusual steps to prepare for what they fear will be a legal and political onslaught from the new administration.

By 2060, new dementia cases per year could double to one million because of the growing population of older Americans, a study predicts.

Stocks are under pressure as strong data craters bets on the chances of Fed rate cuts.

Stocks are under pressure as strong data craters bets on the chances of Fed rate cuts.

A photographer and art director, he broke the boundaries of advertising in the 1980s and ’90s, embracing activism with images evoking AIDS and racial and sexual diversity.

Stocks are under pressure as strong data craters bets on the chances of Fed rate cuts.

Oregon began levying a $22.50 fee in 2025 on consumers who buy a mattress. It's the fourth state to adopt such a policy, to help fund recycling efforts.

MoonPay's acquisition of Helio for $175 million could be among other strategic mergers in the digital asset space under the crypto-friendly Trump administration

Stocks are under pressure as strong data craters bets on the chances of Fed rate cuts.

The day after Jeff Bezos told a media outlet he was "very optimistic" about incoming Donald Trump's administration for space projects, his company scrubbed a rocket launch.

Stocks are under pressure as strong data craters bets on the chances of Fed rate cuts.

Senator Elizabeth Warren is outlining a detailed new list of her concerns with Scott Bessent as President-elect Donald Trump’s choice for Treasury secretary prepares to go on the hot seat this week.

Stocks are under pressure as strong data craters bets on the chances of Fed rate cuts.

The maker of ChatGPT hopes to spur investment from the Middle East and avoid strict regulations on the development of new technologies.

The price of several breakfast staples including eggs, orange juice and coffee have jumped in recent months due to an array of factors, despite inflation easing over the past few years.

Countless Americans are looking to buy a house -- they just can't afford it. These markets are the best options for prospective first-time homebuyers, and some might surprise you.

New rules aim to keep advanced technology out of China and to ensure that cutting-edge artificial intelligence is developed by the United States and its allies.

Experts say traders are reacting to a mix of global issues - but also to the UK government's Budget.

Nearly 84 million passengers travelled through the west London airport's terminals last year.

Investors ended 2024 brimming with optimism about US banks. What happens during the start of earnings season this week will put that optimism to a new test in 2025.

(Bloomberg) -- Europe’s largest pension fund sold its entire €571 million ($585 million) stake in Tesla Inc. in the third quarter partly due to disagreement with Elon Musk’s remuneration package.Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC Condo Owners May Bear Costs of Landmark Green Building LawNew York, San Francisco Ranked Worst for US Traffic in City Centers“We had a problem” with

SINGAPORE (Reuters) -Oil prices extended gains for a third session on Monday, with Brent rising above $80 a barrel to its highest in more than four months, as wider U.S. sanctions are expected to affect Russian crude exports to top buyers China and India. Brent crude futures climbed $1.14, or 1.43%, to $80.90 a barrel by 0741 GMT after hitting an intraday high of $81.49, the highest since Aug. 27. Brent and WTI have risen by more than 6% since Jan. 8, and both contracts surged after the U.S. Treasury imposed wider sanctions on Russian oil on Friday.

(Bloomberg) -- Asian stocks fell with European and US equity futures as traders trimmed bets on Federal Reserve interest-rate cuts after Friday’s payroll data. The pound extended last week’s slump.Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC Condo Owners May Bear Costs of Landmark Green Building LawNew York, San Francisco Ranked Worst for US Traffic in City CentersMSCI’s index of Asian

Undocumented workers often pay taxes that help fund programs like Social Security — even if they can’t collect from them in the future.