Business│Accounting │Finance│Investment│Index│Market│Stock Business Corpus: A Congregate Of Business,Entrepreneurship,Accounting,Finance and World Economic web Feeds. A Bulk Stuff For Business,Bankingnoreply@blogger.com (Unknown)Tue, 26 May 2026 00:49:33 -0700Blogger http://www.blogger.com74378125https://bcorpus.blogspot.com/en-ushttps://bcorpus.blogspot.com/2026/05/new-us-fed-policy-deepens-world.htmlnoreply@blogger.com (Unknown)Tue, 26 May 2026 00:49:33 -0700tag:blogger.com,1999:blog-8729369296954191601.post-4896361115985132950New US Fed Policy Deepens World Stagflation <p> KUALA LUMPUR, Malaysia, May 26 (IPS) - The Federal Reserve Bank’s turn to ‘reserve management’ exposes the limited policy options still available as the US seeks to protect itself against international stagflation stemming from President Trump’s policies. </p><p><a href="https://www.globalissues.org/news/2026/05/26/43130">Read the full story, “New US Fed Policy Deepens World Stagflation”, on globalissues.org</a> →</p> https://www.globalissues.org/news/2026/05/26/43130 {"url":"https://static.globalissues.org/ips/2018/09/jomo_180-100x100.jpg"} <div class="blogger-post-footer">Feed From Other Links</div>0https://bcorpus.blogspot.com/2026/05/japan-and-kazakhstan-partnership-for.htmlnoreply@blogger.com (Unknown)Tue, 26 May 2026 00:34:35 -0700tag:blogger.com,1999:blog-8729369296954191601.post-2599420205743966445Japan and Kazakhstan: A Partnership for an Age of Energy Insecurity and Nuclear Risk <p><img src="https://static.globalissues.org/ips/2026/05/Kasu_1.jpg" width="640" alt="" /></p><p> TOKYO, Japan, May 25 (IPS) - The relationship between Japan and Kazakhstan is often described in terms of diplomacy, investment and regional cooperation. But at a time of growing geopolitical uncertainty, it deserves to be understood in broader terms: as a partnership linking cities, resources, technology and peace. </p><p><a href="https://www.globalissues.org/news/2026/05/25/43127">Read the full story, “Japan and Kazakhstan: A Partnership for an Age of Energy Insecurity and Nuclear Risk”, on globalissues.org</a> →</p> https://www.globalissues.org/news/2026/05/25/43127 {"url":"https://static.globalissues.org/ips/2026/05/Kasu_1-100x100.jpg"} <div class="blogger-post-footer">Feed From Other Links</div>0https://bcorpus.blogspot.com/2026/05/how-global-anti-rights-movement-is.htmlnoreply@blogger.com (Unknown)Tue, 26 May 2026 00:34:34 -0700tag:blogger.com,1999:blog-8729369296954191601.post-8697832286189787768How the Global Anti-Rights Movement Is Targeting Women’s Rights in Africa Through Family Laws <p><img src="https://static.globalissues.org/ips/2026/05/Deborah-Nyokabi-speaking_.jpg" width="640" alt="" /></p><p> NAIROBI, Kenya, May 25 (IPS) - The theme of Africa Day 2026, “63 years of unity, integration and development,” offers a stark reminder of the gap that often exists between rhetoric and reality. While commendable regional legal frameworks have advanced legal protections for millions of women and girls, injustice remains written into the fabric of national family laws in many African countries, entrenching gender inequality in the home. </p><p><a href="https://www.globalissues.org/news/2026/05/25/43126">Read the full story, “How the Global Anti-Rights Movement Is Targeting Women’s Rights in Africa Through Family Laws”, on globalissues.org</a> →</p> https://www.globalissues.org/news/2026/05/25/43126 {"url":"https://static.globalissues.org/ips/2026/05/Deborah-Nyokabi-speaking_-100x100.jpg"} <div class="blogger-post-footer">Feed From Other Links</div>0https://bcorpus.blogspot.com/2026/05/the-search-is-on-for-next-un-secretary.htmlnoreply@blogger.com (Unknown)Tue, 26 May 2026 00:19:37 -0700tag:blogger.com,1999:blog-8729369296954191601.post-5646922151110891201The Search is On for the Next U.N. Secretary General in a Turbulent World <p><img src="https://static.globalissues.org/ips/2026/05/United-Nations-with-Trump_.jpg" width="640" alt="" /></p><p> NEW YORK, May 25 (IPS) - AS THE WORLD HURTLES TO HELL (albeit in a SpaceX rather than a hand basket), it might seem of only academic interest which cipher vegetates on the 38th floor of the U.N. Headquarters. However, the choice is due by the end of the year, unless, as has happened in the past, the Security Council is veto-bound and asks António Guterres to stay on as interim Secretary General. </p><p><a href="https://www.globalissues.org/news/2026/05/25/43125">Read the full story, “The Search is On for the Next U.N. Secretary General in a Turbulent World”, on globalissues.org</a> →</p> https://www.globalissues.org/news/2026/05/25/43125 {"url":"https://static.globalissues.org/ips/2026/05/United-Nations-with-Trump_-100x100.jpg"} <div class="blogger-post-footer">Feed From Other Links</div>0https://bcorpus.blogspot.com/2026/05/trumps-cuts-are-pushing-un-out-of_02080983973.htmlnoreply@blogger.com (Unknown)Tue, 26 May 2026 00:19:36 -0700tag:blogger.com,1999:blog-8729369296954191601.post-7487296413883086454Trump’s Cuts are Pushing the UN out of Geneva. That may be a Win <p><img src="https://static.globalissues.org/ips/2026/05/Budget-shortfalls_.jpg" width="640" alt="" /></p><p> FORT COLLINS, Colorado USA, May 25 (IPS) - The $1.2 billion <a href="https://www.ungeneva.org/en/about/palais-des-nations/shp" target="_blank">renovation of the Palais des Nations</a> was intended to reaffirm Geneva’s centrality to the multilateral system. Instead, the city’s international quarter is emptying. </p><p><a href="https://www.globalissues.org/news/2026/05/25/43124">Read the full story, “Trump’s Cuts are Pushing the UN out of Geneva. That may be a Win”, on globalissues.org</a> →</p> https://www.globalissues.org/news/2026/05/25/43124 {"url":"https://static.globalissues.org/ips/2026/05/Budget-shortfalls_-100x100.jpg"} <div class="blogger-post-footer">Feed From Other Links</div>0https://bcorpus.blogspot.com/2026/05/trumps-cuts-are-pushing-un-out-of_01188915870.htmlnoreply@blogger.com (Unknown)Mon, 25 May 2026 09:56:41 -0700tag:blogger.com,1999:blog-8729369296954191601.post-7175531064726351217Trump’s Cuts are Pushing the UN out of Geneva. That may be a Win <p><img src="https://static.globalissues.org/ips/2026/05/Budget-shortfalls_.jpg" width="640" alt="" /></p><p> FORT COLLINS, Colorado USA, May 25 (IPS) - The $1.2 billion <a href="https://www.ungeneva.org/en/about/palais-des-nations/shp" target="_blank">renovation of the Palais des Nations</a> was intended to reaffirm Geneva’s centrality to the multilateral system. Instead, the city’s international quarter is emptying. </p><p><a href="https://www.globalissues.org/news/2026/05/25/43124">Read the full story, “Trump’s Cuts are Pushing the UN out of Geneva. That may be a Win”, on globalissues.org</a> →</p> https://www.globalissues.org/news/2026/05/25/43124 {"url":"https://static.globalissues.org/ips/2026/05/Budget-shortfalls_-100x100.jpg"} <div class="blogger-post-footer">Feed From Other Links</div>0https://bcorpus.blogspot.com/2026/05/trumps-cuts-are-pushing-un-out-of_02033117493.htmlnoreply@blogger.com (Unknown)Mon, 25 May 2026 09:36:35 -0700tag:blogger.com,1999:blog-8729369296954191601.post-9192313853181175581Trump’s Cuts are Pushing the UN out of Geneva. That may be a Win <p><img src="https://static.globalissues.org/ips/2026/05/Budget-shortfalls_.jpg" width="640" alt="" /></p><p> FORT COLLINS, Colorado USA, May 25 (IPS) - The $1.2 billion <a href="https://www.ungeneva.org/en/about/palais-des-nations/shp" target="_blank">renovation of the Palais des Nations</a> was intended to reaffirm Geneva’s centrality to the multilateral system. Instead, the city’s international quarter is emptying. </p><p><a href="https://www.globalissues.org/news/2026/05/25/43124">Read the full story, “Trump’s Cuts are Pushing the UN out of Geneva. That may be a Win”, on globalissues.org</a> →</p> https://www.globalissues.org/news/2026/05/25/43124 {"url":"https://static.globalissues.org/ips/2026/05/Budget-shortfalls_-100x100.jpg"} <div class="blogger-post-footer">Feed From Other Links</div>0https://bcorpus.blogspot.com/2026/05/trumps-cuts-are-pushing-un-out-of_01273104458.htmlnoreply@blogger.com (Unknown)Mon, 25 May 2026 09:16:32 -0700tag:blogger.com,1999:blog-8729369296954191601.post-1823680742379836868Trump’s Cuts are Pushing the UN out of Geneva. That may be a Win <p><img src="https://static.globalissues.org/ips/2026/05/Budget-shortfalls_.jpg" width="640" alt="" /></p><p> FORT COLLINS, Colorado USA, May 25 (IPS) - The $1.2 billion <a href="https://www.ungeneva.org/en/about/palais-des-nations/shp" target="_blank">renovation of the Palais des Nations</a> was intended to reaffirm Geneva’s centrality to the multilateral system. Instead, the city’s international quarter is emptying. </p><p><a href="https://www.globalissues.org/news/2026/05/25/43124">Read the full story, “Trump’s Cuts are Pushing the UN out of Geneva. That may be a Win”, on globalissues.org</a> →</p> https://www.globalissues.org/news/2026/05/25/43124 {"url":"https://static.globalissues.org/ips/2026/05/Budget-shortfalls_-100x100.jpg"} <div class="blogger-post-footer">Feed From Other Links</div>0https://bcorpus.blogspot.com/2026/05/trumps-cuts-are-pushing-un-out-of_01664230233.htmlnoreply@blogger.com (Unknown)Mon, 25 May 2026 08:56:29 -0700tag:blogger.com,1999:blog-8729369296954191601.post-36220737274741308Trump’s Cuts are Pushing the UN out of Geneva. That may be a Win <p><img src="https://static.globalissues.org/ips/2026/05/Budget-shortfalls_.jpg" width="640" alt="" /></p><p> FORT COLLINS, Colorado USA, May 25 (IPS) - The $1.2 billion <a href="https://www.ungeneva.org/en/about/palais-des-nations/shp" target="_blank">renovation of the Palais des Nations</a> was intended to reaffirm Geneva’s centrality to the multilateral system. Instead, the city’s international quarter is emptying. </p><p><a href="https://www.globalissues.org/news/2026/05/25/43124">Read the full story, “Trump’s Cuts are Pushing the UN out of Geneva. That may be a Win”, on globalissues.org</a> →</p> https://www.globalissues.org/news/2026/05/25/43124 {"url":"https://static.globalissues.org/ips/2026/05/Budget-shortfalls_-100x100.jpg"} <div class="blogger-post-footer">Feed From Other Links</div>0https://bcorpus.blogspot.com/2026/05/trumps-cuts-are-pushing-un-out-of_0347384803.htmlnoreply@blogger.com (Unknown)Mon, 25 May 2026 08:36:23 -0700tag:blogger.com,1999:blog-8729369296954191601.post-8426665865349689859Trump’s Cuts are Pushing the UN out of Geneva. That may be a Win <p><img src="https://static.globalissues.org/ips/2026/05/Budget-shortfalls_.jpg" width="640" alt="" /></p><p> FORT COLLINS, Colorado USA, May 25 (IPS) - The $1.2 billion <a href="https://www.ungeneva.org/en/about/palais-des-nations/shp" target="_blank">renovation of the Palais des Nations</a> was intended to reaffirm Geneva’s centrality to the multilateral system. Instead, the city’s international quarter is emptying. </p><p><a href="https://www.globalissues.org/news/2026/05/25/43124">Read the full story, “Trump’s Cuts are Pushing the UN out of Geneva. That may be a Win”, on globalissues.org</a> →</p> https://www.globalissues.org/news/2026/05/25/43124 {"url":"https://static.globalissues.org/ips/2026/05/Budget-shortfalls_-100x100.jpg"} <div class="blogger-post-footer">Feed From Other Links</div>0https://bcorpus.blogspot.com/2026/05/trumps-cuts-are-pushing-un-out-of.htmlnoreply@blogger.com (Unknown)Mon, 25 May 2026 08:16:20 -0700tag:blogger.com,1999:blog-8729369296954191601.post-2198223158167406091Trump’s Cuts are Pushing the UN out of Geneva. That may be a Win <p><img src="https://static.globalissues.org/ips/2026/05/Budget-shortfalls_.jpg" width="640" alt="" /></p><p> FORT COLLINS, Colorado USA, May 25 (IPS) - The $1.2 billion <a href="https://www.ungeneva.org/en/about/palais-des-nations/shp" target="_blank">renovation of the Palais des Nations</a> was intended to reaffirm Geneva’s centrality to the multilateral system. Instead, the city’s international quarter is emptying. </p><p><a href="https://www.globalissues.org/news/2026/05/25/43124">Read the full story, “Trump’s Cuts are Pushing the UN out of Geneva. That may be a Win”, on globalissues.org</a> →</p> https://www.globalissues.org/news/2026/05/25/43124 {"url":"https://static.globalissues.org/ips/2026/05/Budget-shortfalls_-100x100.jpg"} <div class="blogger-post-footer">Feed From Other Links</div>0https://bcorpus.blogspot.com/2026/05/faced-with-cash-crisis-un-is-urging.htmlnoreply@blogger.com (Unknown)Mon, 25 May 2026 00:16:23 -0700tag:blogger.com,1999:blog-8729369296954191601.post-5002537538236080747Faced with a Cash Crisis, UN is Urging Senior Staff to Forgo First Class & Business Class Travel <p><img src="https://static.globalissues.org/ips/2026/05/Faced-with-a-Cash_.jpg" width="640" alt="" /></p><p> UNITED NATIONS, May 25 (IPS) - The United Nations has had a longstanding tradition, described by some as a “privilege”, where most senior staffers are entitled to highly-expensive First Class or Business Class seats on trips worldwide. </p><p><a href="https://www.globalissues.org/news/2026/05/25/43121">Read the full story, “Faced with a Cash Crisis, UN is Urging Senior Staff to Forgo First Class & Business Class Travel”, on globalissues.org</a> →</p> https://www.globalissues.org/news/2026/05/25/43121 {"url":"https://static.globalissues.org/ips/2026/05/Faced-with-a-Cash_-100x100.jpg"} <div class="blogger-post-footer">Feed From Other Links</div>0https://bcorpus.blogspot.com/2026/05/bernie-sanders-warns-of-most.htmlnoreply@blogger.com (Unknown)Sun, 24 May 2026 18:04:15 -0700tag:blogger.com,1999:blog-8729369296954191601.post-3147551605825881093<p>Sen. <a href="https://www.foxbusiness.com/category/bernie-sanders" target="_blank" rel="noopener">Bernie Sanders</a>, I-Vt., warned Sunday that artificial intelligence (AI) and robotics could replace American workers and even damage children’s social development if the technology is controlled by billionaires prioritizing profits over people.</p><p>Speaking at a "Fight Oligarchy" <a href="https://www.foxbusiness.com/category/fox-news-maine?page=2" target="_blank" rel="noopener">rally in Maine</a>, the Vermont independent argued that AI could deepen economic inequality and worsen an ongoing mental health crisis among young people.</p><p>"Kids are lonelier and lonelier," Sanders said. "I do not want the next generation to have as their friends AI bots. I want them to have other kids, other human beings as their friends."</p><p>Sanders said artificial intelligence and robotics are poised to become "the most transformative economic revolution in the history of this country" and warned that the technology could eliminate jobs across multiple industries.</p><p><a href="https://www.foxbusiness.com/economy/workers-face-growing-automation-anxiety-tech-layoffs-surge-ai-adoption-accelerates" target="_blank" rel="noopener"><strong>WORKERS FACE GROWING ‘AUTOMATION ANXIETY’ AS TECH LAYOFFS SURGE, AI ADOPTION ACCELERATES</strong></a></p><p>"What is the function of AI and robotics?" Sanders asked the crowd. "It is to replace human labor."</p><p>The senator pointed to automation in manufacturing and the future expansion of driverless vehicles as examples of looming disruptions to the workforce.</p><p>"Truck drivers and cab drivers, Uber drivers, Lyft drivers, etc. will be losing their jobs in the not too immediate future," Sanders said.</p><p><a href="https://www.foxbusiness.com/fox-news-tech/meta-ai-workforce-restructuring-layoffs" target="_blank" rel="noopener"><strong><u>META SHIFTS 7,000 WORKERS INTO AI ROLES AS LAYOFFS, MANAGER CUTS LOOM</u></strong></a></p><p>While Sanders acknowledged<a href="https://www.foxbusiness.com/category/artificial-intelligence" target="_blank" rel="noopener"> AI could provide benefits</a>, including reducing the workweek while maintaining wages, he argued the technology must be regulated to ensure it benefits workers rather than wealthy tech executives.</p><p>"What we have got to do is make sure that AI and robotics work for all of the people, not just the billionaires who are developing that technology," he said.</p><p>Sanders also warned about the potential societal impacts of artificial intelligence, including misinformation and growing social isolation among children.</p><p><a href="https://www.foxbusiness.com/media/expert-says-massive-ai-investment-laying-groundwork-americas-future" target="_blank" rel="noopener"><strong><u>EXPERT SAYS MASSIVE AI INVESTMENT IS ‘LAYING THE GROUNDWORK’ FOR AMERICA’S FUTURE</u></strong></a></p><p>"If AI undermines our democracy by <a href="https://www.foxbusiness.com/technology" target="_blank" rel="noopener">putting stuff on screens</a> in which you cannot tell truth from fiction, that’s a bad thing," Sanders said.</p><p>The senator specifically criticized Meta CEO Mark Zuckerberg, claiming corporate leaders are prioritizing profits over workers as AI rapidly expands.</p><p>"These guys are in it for the money," Sanders said. "They want more wealth and more power, and they do not care what happens to workers."</p><p>The remarks came during Sanders’ latest stop on his nationwide "Fight Oligarchy" tour, which has focused heavily on wealth inequality, corporate power and opposition to President Donald Trump.</p><p><a href="https://www.foxbusiness.com/apps-products" target="_blank" rel="noopener"><strong><u>GET FOX BUSINESS ON THE GO BY CLICKING HERE</u></strong></a></p><p>During the speech, Sanders also accused billionaires and superPACs of trying to "own and control the United States Congress" and called the U.S. political system increasingly dominated by wealthy interests.</p>https://www.foxbusiness.com/politics/bernie-sanders-warns-the-most-transformative-economic-revolution-history-country<div class="blogger-post-footer">Feed From Other Links</div>0https://bcorpus.blogspot.com/2026/05/popular-pet-food-brand-halts-production.htmlnoreply@blogger.com (Unknown)Sun, 24 May 2026 14:34:13 -0700tag:blogger.com,1999:blog-8729369296954191601.post-203128974934274976<p>A popular raw dog food brand is <a href="https://www.foxbusiness.com/category/product-recalls" target="_blank" rel="noopener">expanding a recall</a> of dozens of products over fears they may be contaminated with Listeria monocytogenes, a potentially deadly bacteria that can sicken both pets and humans, federal officials warned Friday.</p><p>Raaw Energy's recall impacts frozen dog food products manufactured between July 17, 2025, and Dec. 23, 2025, along with one batch of "Beef and Turkey Medley" dated March 31, 2026, according to a notice from the <a href="https://www.foxbusiness.com/media/fda-commissioner-says-non-medical-grade-wearable-data-exempt-regulation" target="_blank" rel="noopener">Food and Drug Administration</a> (FDA).</p><p>The recall was issued "out of an abundance of caution" after testing detected listeria in several samples.</p><p>"Consumers are advised not to use, sell, or consume any affected product. Please discard these items immediately to help reduce the <a href="https://www.foxbusiness.com/category/fox-news-illness" target="_blank" rel="noopener">risk of illness</a>," the FDA said.</p><p><a href="https://www.foxbusiness.com/retail/whole-foods-minestrone-soup-recalled-17-states-over-possible-life-threatening-allergic-reaction" target="_blank" rel="noopener"><strong>WHOLE FOODS MINESTRONE SOUP RECALLED IN 17 STATES OVER POSSIBLE LIFE-THREATENING ALLERGIC REACTION</strong></a></p><p>The recalled products were sold in 2-pound and 5-pound clear plastic tubes packaged inside brown cardboard boxes and distributed through the company’s website and pickup locations in Connecticut, Delaware, Massachusetts, Maryland, New Hampshire, New Jersey, <a href="https://www.foxbusiness.com/category/fox-news-new-york" target="_blank" rel="noopener">New York</a>, Pennsylvania and Virginia.</p><p><a href="https://www.foxbusiness.com/category/fox-news-companies" target="_blank" rel="noopener">The company's</a> recall includes a wide variety of products, including "Beef and Chicken," "Beef and Turkey Medley," "Chicken Medley," "Hybrid Dog’s Best Friend," and more.</p><p>Listeria can spread through contaminated pet food and surfaces that come into contact with it, including pet bowls, countertops and utensils, according to the FDA.</p><p><a href="https://www.foxbusiness.com/lifestyle/costco-agio-patio-swing-recall-injuries" target="_blank" rel="noopener"><strong>COSTCO PATIO SWINGS RECALLED AFTER SEAT DETACHMENTS LEAD TO INJURIES</strong></a></p><p>In humans, listeria infections can trigger nausea, vomiting, diarrhea, fever and muscle aches. Severe cases may spread to the nervous system and cause meningitis, pregnancy complications or death.</p><p>"Severe infections can result in meningitis, abortion and death. Pets exposed to contaminated food can be infected without showing symptoms," the FDA warned.</p><p>Raaw Energy also said it has temporarily halted all dog food production, effective last Thursday, May 21, 2026, as the company addresses sanitation concerns.</p><p><a href="https://www.foxbusiness.com/lifestyle/pet-food-sold-nationwide-recalled-over-salmonella-risk" target="_blank" rel="noopener"><strong>PET FOOD SOLD NATIONWIDE RECALLED OVER POTENTIAL SALMONELLA RISK</strong></a></p><p><a href="http://www.foxbusiness.com/apps-products" target="_blank" rel="noopener"><strong><u>GET FOX BUSINESS ON THE GO BY CLICKING HERE</u></strong></a></p><p>"We sincerely apologize for any inconvenience this may cause. As a small business, we are committed to doing the right thing and correct any issues," Raaw Energy said in a statement. </p><p>"We appreciate your patience and understanding as we focus on making these improvements and ensuring that our products meet the standards our customers expect and deserve."</p><p>The FDA first announced the recall in January. Consumers can view the complete list of recalled products on the <a href="https://www.fda.gov/safety/recalls-market-withdrawals-safety-alerts/raaw-energy-expands-recall-dog-food-because-listeria-monocytogenes-health-risk" target="_blank" rel="nofollow noopener">FDA's website</a>.</p><p>Raaw Energy did not immediately respond to FOX Business' request for comment.</p>https://www.foxbusiness.com/lifestyle/popular-pet-food-brand-halts-production-after-fda-warns-possible-dangerous-contamination<div class="blogger-post-footer">Feed From Other Links</div>0https://bcorpus.blogspot.com/2026/05/chipotle-rival-guzman-y-gomez-mexican.htmlnoreply@blogger.com (Unknown)Sun, 24 May 2026 11:34:13 -0700tag:blogger.com,1999:blog-8729369296954191601.post-5755963475485516017<p>Guzman y Gomez Mexican Kitchen, an Australian-born Chipotle rival that once planned to open hundreds of U.S. locations, has abruptly closed all of its American restaurants after six years in the Chicago area.</p><p>"All GYG USA restaurants permanently closed," a message on the <a href="https://www.guzmanygomez.com/" target="_blank" rel="noopener nofollow">company’s U.S. website</a> says. "Effective from May 22nd, GYG USA restaurants will cease trading. Thank you for your support."</p><p>The chain also announced the <a href="https://www.instagram.com/guzmanygomezus/" target="_blank" rel="noopener nofollow">move on Instagram</a>, thanking customers and employees in Chicagoland, where all eight of its U.S. restaurants were located.</p><p>"After six years of burritos and big dreams in Chicagoland, we've made the difficult decision to close our US restaurants," the post read. "To every guest who came through our doors – you chose us, and we never took that for granted."</p><p><a href="https://www.foxbusiness.com/lifestyle/fast-growing-chain-says-no-discounts-its-paying-off" target="_blank" rel="noopener"><strong>CAVA BUCKS RESTAURANT INDUSTRY TREND WITH SUCCESSFUL NO-DISCOUNT STRATEGY</strong></a></p><p>"To our team – thank you. Your passion and your purpose built something special. If you're ever in Australia, Singapore or Japan, come find us – we'll have your favs waiting for you. Chicagoland, Thank you!"</p><p>The shutdown marks a sharp reversal for Guzman y Gomez, which had recently reaffirmed its intent to expand in the U.S. market. The company (ASX: GYG) was founded in Australia by native New Yorkers Steven Marks and Robert Hazan and made its U.S. debut in 2020 with ambitions to build a much larger American footprint.</p><p>"I have always been confident in the differentiation of our food and guest experience, however this was not translating to an improvement in sales momentum," Marks said in an Australian Securities Exchange announcement, <a href="https://www.businessnewsaustralia.com/articles/guzman-y-gomez-pulls-the-pin-on-us-restaurants-upgrades-australian-earnings-guidance.html" target="_blank" rel="nofollow noopener">Business News Australia</a> reported.</p><p>"Having spent the last three months in the US, I realized this was going to take significantly more time and capital than we had expected.</p><p>"In assessing the trajectory of the current network, the board and I have concluded that the business is unlikely to deliver the performance that would justify continued investment of shareholder capital."</p><p><a href="https://www.foxbusiness.com/media/ex-fast-food-ceo-predicts-more-restaurants-close-nationwide-higher-prices" target="_blank" rel="noopener"><strong>FMR FAST FOOD CEO PREDICTS MORE RESTAURANTS WILL CLOSE NATIONWIDE OVER HIGHER PRICES</strong></a></p><p>The company chose the Chicago area as its entry point. At the time, its founders said they intended to open "hundreds, if not thousands" of Guzman y Gomez locations across the country.</p><p>Instead, the company is exiting the U.S. entirely, which has helped is stock price in Australia surge more than $3 Australian from $18.05 to $21.10 when the news dropped Friday morning.</p><p>"We have a long runway ahead of us in Australia as we progress towards our longterm target of 1,000 restaurants and segment underlying EBITDA as a percentage of network sales of 10%," Marks said.</p><p>"Concentrating our capital, focus and infrastructure behind this opportunity is the most effective way to compound shareholder value over the long term."</p><p>The retreat comes as U.S. restaurants face pressure from cautious consumers, higher food costs and declining traffic.</p><p><a href="https://www.foxbusiness.com/lifestyle/italian-restaurant-chain-files-bankruptcy-citing-inflation-higher-interest-rates" target="_blank" rel="noopener"><strong>ITALIAN RESTAURANT CHAIN FILES FOR BANKRUPTCY, CITING INFLATION AND HIGHER INTEREST RATES</strong></a></p><p><a href="https://www.thestreet.com/restaurants/chipotle-rival-mexican-chain-guzman-gomez-closes-all-us-restaurants" target="_blank" rel="noopener nofollow">TheStreet reported</a> that three in 10 Americans have cut back on retail spending and restaurant visits compared with a year earlier, citing S&P Global data. Food-away-from-home prices rose 39.3% from January 2019 to January 2026, far faster than in the previous seven-year period, according to the same report.</p><p>Those headwinds have weighed on chains across the industry, especially those trying to scale in crowded categories.</p><p>Guzman y Gomez positioned itself as a cleaner take on fast-casual Mexican food, touting no added preservatives, no artificial flavors, no added colors and no "unacceptable additives" on its Australian website.</p><p>Its U.S. closure leaves Chipotle — which has roughly 4,000 restaurants — without one of its smaller fast-casual Mexican challengers in the American market.</p><p><a href="https://www.foxbusiness.com/apps-products" target="_blank" rel="noopener"><strong>GET FOX BUSINESS ON THE GO BY CLICKING HERE</strong></a></p><p>RBC Capital Markets analyst Michael Toner told Reuters the exit could be positive for Guzman y Gomez’s broader business because its U.S. operations had limited prospects and were weighing on earnings.</p><p>"The U.S. business had very low prospects of being successful, and the losses of the business were weighing down the earnings of the group so the sooner exit than anticipated is positive," Toner said.</p><p><i>Reuters contributed to this report.</i></p>https://www.foxbusiness.com/economy/chipotle-rival-guzman-y-gomez-mexican-kitchen-closes-all-us-restaurants<div class="blogger-post-footer">Feed From Other Links</div>0https://bcorpus.blogspot.com/2026/05/move-over-seltzer-non-carbonated-drinks.htmlnoreply@blogger.com (Unknown)Sun, 24 May 2026 05:11:17 -0700tag:blogger.com,1999:blog-8729369296954191601.post-8034587485743867948Non-carbonated alcoholic drinks like Surfside and BeatBox are stealing "share of throat" from hard seltzers, particularly among Gen Z.https://www.cnbc.com/2026/05/24/move-over-seltzer-non-carbonated-drinks-are-taking-the-spotlight.html<div class="blogger-post-footer">Feed From Other Links</div>0https://bcorpus.blogspot.com/2026/05/spirits-collapse-high-fuel-prices-test.htmlnoreply@blogger.com (Unknown)Sun, 24 May 2026 00:11:17 -0700tag:blogger.com,1999:blog-8729369296954191601.post-8620611206181863630The unofficial start of the summer travel season on Memorial Day weekend will show just how much travelers want to fly and how much they're willing to pay.https://www.cnbc.com/2026/05/23/summer-travel-gas-airfare.html<div class="blogger-post-footer">Feed From Other Links</div>0https://bcorpus.blogspot.com/2026/05/flight-diverted-after-passenger-reveals.htmlnoreply@blogger.com (Unknown)Sun, 24 May 2026 00:04:13 -0700tag:blogger.com,1999:blog-8729369296954191601.post-6162156683020781944<p>An <a href="https://www.foxnews.com/category/travel/general/airlines" target="_blank" rel="noopener">international flight</a> diverted to Rome this week after a passenger informed the crew that they had a power bank charging in their checked baggage, according to multiple reports.</p><p>The London-based easyJet plane was flying from Hurghada, Egypt to London’s Luton Airport on Tuesday evening when the incident happened.</p><p>"No one knew what to think," passenger Paul Casterton told <a href="https://www.thesun.co.uk/news/39192489/easyjet-emergency-landing-phone-charging-luggage/" target="_blank" rel="noopener">The Sun</a>. "Suddenly, the plane changed direction and made a descent. It was hard not to fear the worst."</p><p>He added that the passengers were relieved when they found out the issue was a power bank.</p><p><a href="https://www.foxnews.com/travel/20000-bags-stranded-technical-issue-major-airport-leaves-travelers-scrambling" target="_blank" rel="noopener"><strong>20,000 BAGS STRANDED AFTER TECHNICAL ISSUE AT MAJOR AIRPORT LEAVES TRAVELERS SCRAMBLING</strong></a></p><p>"Thank goodness it wasn’t <a href="https://www.foxnews.com/us/hawaiian-airlines-flight-diverted-san-diego-tarmac-over-possible-bomb-threat-person-arrested" target="_blank" rel="noopener">a bomb in the hold</a>," he said. "Word spread as to the true reason we had been diverted. It was quite an ordeal, but mostly relief that everyone was OK."  </p><p>A spokesperson for easyJet told People magazine and The Sun: "Flight EZY2618 from Hurghada to Luton on May 19 diverted to Rome Fiumicino as the crew were informed a power bank was charging in luggage.  </p><p>"The captain then took the decision to divert as a precaution in line with <a href="https://www.foxnews.com/category/us/economy/regulation" target="_blank" rel="noopener">safety regulations</a>," the statement continued.</p><p><a href="https://www.foxnews.com/travel/record-memorial-day-traffic-expected-drivers-warned-worst-times-travel" target="_blank" rel="noopener"><strong>RECORD MEMORIAL DAY TRAFFIC EXPECTED AS RIVERS WARNED ABOUT WORST TIMES TO TRAVEL </strong></a></p><p>The spokesperson added, "The aircraft landed safely, and passengers disembarked routinely. We provided hotel accommodation and meals where available. As some customers remained in the airport, they were provided with refreshments."</p><p>EasyJet didn’t immediately respond to Fox News Digital’s after-hours request for comment.</p><p><a href="https://www.foxnews.com/travel/southwest-airlines-unveils-portable-charger-rule-passenger-safety" target="_blank" rel="noopener">Portable chargers and lithium-ion batteries</a> are prohibited in checked bags on all U.S. and international flights because of the risk of fire.</p><p>They are allowed in <a href="https://www.foxnews.com/category/travel/general/travel-gear" target="_blank" rel="noopener">carry-on bags</a>.</p><p>The airline added that the "safety of its passengers and crew is easyJet's highest priority, and easyJet operates its fleet of aircraft <a href="https://www.foxnews.com/travel/airlines-told-reevaluate-emergency-evacuation-procedures-after-carry-on-concerns" target="_blank" rel="noopener">in strict compliance with</a> all manufacturers' guidelines."</p><p>EasyJet also apologized to the passengers "for any inconvenience caused by the diversion and subsequent delay."</p>https://www.foxbusiness.com/lifestyle/flight-diverted-after-passenger-reveals-power-bank-charging-checked-luggage<div class="blogger-post-footer">Feed From Other Links</div>0https://bcorpus.blogspot.com/2026/05/blue-dot-fever-whats-really-behind.htmlnoreply@blogger.com (Unknown)Sat, 23 May 2026 05:08:15 -0700tag:blogger.com,1999:blog-8729369296954191601.post-9182821560815744136As prices rise everywhere, consumers are choosing to be more intentional with how they're spending on live music and concerts this year.https://www.cnbc.com/2026/05/23/concert-ticket-prices-live-music-demand.html<div class="blogger-post-footer">Feed From Other Links</div>0https://bcorpus.blogspot.com/2026/05/high-fuel-prices-test-limits-of-summer.htmlnoreply@blogger.com (Unknown)Sat, 23 May 2026 05:08:14 -0700tag:blogger.com,1999:blog-8729369296954191601.post-2305171189611715261The unofficial start of the summer travel season on Memorial Day weekend will show just how much travelers want to fly and how much they're willing to pay.https://www.cnbc.com/2026/05/23/summer-travel-gas-airfare.html<div class="blogger-post-footer">Feed From Other Links</div>0https://bcorpus.blogspot.com/2026/05/disneys-star-wars-mandalorian-and-grogu.htmlnoreply@blogger.com (Unknown)Sat, 23 May 2026 00:53:15 -0700tag:blogger.com,1999:blog-8729369296954191601.post-6920465726887929206Disney's "Star Wars: The Mandalorian and Grogu" tallied $12 million in Thursday night previews, the lowest collection of advance tickets in franchise history.https://www.cnbc.com/2026/05/22/disneys-star-wars-the-mandalorian-and-grogu-box-office-preview.html<div class="blogger-post-footer">Feed From Other Links</div>0https://bcorpus.blogspot.com/2026/05/two-top-walmart-executives-leave.htmlnoreply@blogger.com (Unknown)Sat, 23 May 2026 00:53:14 -0700tag:blogger.com,1999:blog-8729369296954191601.post-2802394270453512809Tom Ward, chief operating officer of Walmart's warehouse chain Sam's Club, is retiring, and Cedric Clark, Walmart's EVP of U.S. store operations, is leaving.https://www.cnbc.com/2026/05/22/walmart-executives-depart-under-ceo-john-furner.html<div class="blogger-post-footer">Feed From Other Links</div>0https://bcorpus.blogspot.com/2026/05/whole-foods-minestrone-soup-recalled-in.htmlnoreply@blogger.com (Unknown)Sat, 23 May 2026 00:48:28 -0700tag:blogger.com,1999:blog-8729369296954191601.post-1610402068722699519<p>Cups of minestrone soup sold at Whole Foods in 17 states and Washington, D.C. have been recalled over possible "undeclared shrimp" that could cause a life-threatening <a href="https://www.foxnews.com/category/health/respiratory-health/allergy" target="_blank" rel="noopener">allergic reaction</a> in certain people, according to the U.S. Food and Drug Administration. </p><p><a href="https://www.foxnews.com/category/us/us-regions/northeast/massachusetts" target="_blank" rel="noopener">Massachusetts</a>-based company Kettle Cuisine decided this week to recall 24oz cups of Whole Foods Market Kitchen Minestrone Soup.</p><p>The minestrone was sold in Whole Foods in Alabama, Connecticut, Washington, D.C., Florida, Georgia, Massachusetts, Maryland, Maine, Mississippi, North Carolina, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, South Carolina, Tennessee, and Virginia.</p><p>The soup was also available nationwide through Whole Foods’ and <a href="https://www.foxnews.com/category/tech/companies/amazon" target="_blank" rel="noopener">Amazon</a>’s online stores. Amazon owns Whole Foods.</p><p><a href="https://www.foxnews.com/food-drink/chocolate-covered-macadamia-nuts-sold-16-states-recalled-potentially-undeclared-almonds-cashews" target="_blank" rel="noopener"><strong>CHOCOLATE-COVERED SNACK PRODUCT SOLD IN 16 STATES RECALLED FOR POTENTIALLY UNDECLARED ALMONDS AND CASHEWS</strong></a></p><p>The company <a href="https://www.foxnews.com/food-drink/gluten-free-bakery-recalls-16-products-undeclared-allergens" target="_blank" rel="noopener">issued the recall after discovering</a> a single cup of the soup in-store which contained the wrong product and included shrimp.</p><p><a href="https://www.foxnews.com/food-drink/food-health-alert-issued-soups-bowl-products-after-wood-found-recalled-ingredient" target="_blank" rel="noopener">No illnesses have yet been</a> reported.</p><p><a href="https://www.foxbusiness.com/lifestyle/popular-costco-kitchen-gadget-recalled-after-fire-hazard-leaves-person-burned" target="_blank" rel="noopener"><strong>POPULAR COSTCO KITCHEN GADGET RECALLED AFTER FIRE HAZARD LEAVES PERSON BURNED</strong></a></p><p>The recalled soup is packaged in a 24-ounce, clear plastic cup that has the Lot Code: 1762181 and, use by 05/27/26 on the top rim of the cup.</p><p>It also has the UPC identifier of 099482502065 on the back label.</p><p>Customers can take the soup back for a full refund.</p>https://www.foxbusiness.com/retail/whole-foods-minestrone-soup-recalled-17-states-over-possible-life-threatening-allergic-reaction<div class="blogger-post-footer">Feed From Other Links</div>0https://bcorpus.blogspot.com/2026/05/hosting-memorial-day-cookout-heres-how.htmlnoreply@blogger.com (Unknown)Sat, 23 May 2026 00:48:27 -0700tag:blogger.com,1999:blog-8729369296954191601.post-1648404600028395953<p>Americans who are planning to grill this <a href="https://www.foxbusiness.com/category/holiday" target="_blank" rel="noopener"><u>Memorial Day</u></a> weekend are likely to see prices notably higher for a number of barbecue staples as persistent inflation squeezes household budgets.</p><p>The Bureau of Labor Statistics' most recent consumer price index (CPI) <a href="https://www.foxbusiness.com/category/inflation" target="_blank" rel="noopener"><u>inflation</u></a> data from April showed that prices have risen significantly compared with a year ago for several popular dishes at cookouts – with burgers and steaks experiencing a notable jump.</p><p>Ground beef prices have risen 14.5% over the last year, while the cost of a steak is 16.1% higher in that period. </p><p>U.S. cattle inventories have sunk to the lowest level in over 70 years as ranchers deal with the impacts of droughts, which caused them to liquidate cows and shrink their herds, as well as rising overhead costs.</p><p><a href="https://www.foxbusiness.com/economy/cpi-inflation-april-2026" target="_blank" rel="noopener"><strong><u>INFLATION CONTINUED TO RISE IN APRIL AS IRAN WAR IMPACTED ENERGY PRICES</u></strong></a></p><p>The BLS' index for frankfurters is up 10.7% year over year, so switching to hot dogs could bring modest <a href="https://www.foxbusiness.com/category/fox-news-consumer" target="_blank" rel="noopener"><u>price relief to consumers</u></a> relative to beef prices.</p><p>Chicken is one type of meat that has seen prices decline in the last year, with a decrease of 0.7% from a year ago as of April. Fresh whole chicken prices were down 1.8%, while fresh and frozen chicken parts decreased 0.1% in that period.</p><p>The cost of <a href="https://www.foxbusiness.com/category/fox-news-healthy-foods?page=2" target="_blank" rel="noopener"><u>fresh vegetables</u></a> is up 11.5% over the last year, with the price of tomatoes surging 39.7% and lettuce prices up 7.9% in that time. By contrast, the price of potatoes has fallen 3% over the past year.</p><p><a href="https://www.foxbusiness.com/economy/doj-confirms-antitrust-probe-major-meatpackers-over-beef-price-inflation" target="_blank" rel="noopener"><strong><u>DOJ CONFIRMS ANTITRUST PROBE OF MAJOR MEATPACKERS OVER BEEF PRICE INFLATION</u></strong></a></p><p>Fresh fruits have seen more modest price increases, with the BLS index showing a 2.1% increase year over year through April. Citrus fruits rose the most at 6.5%, followed by bananas at 4% and apples at 3.1%.</p><p>Several <a href="https://www.foxbusiness.com/category/fox-news-dessert" target="_blank" rel="noopener"><u>popular desserts</u></a> are also more expensive this Memorial Day weekend. BLS data showed that the prices of cakes, cupcakes and cookies are up 5.1% compared with last April.</p><p>Ice cream prices have also risen and are up a more modest 2.7% in the last year.</p><p><a href="https://www.foxnews.com/food-drink/new-ice-cream-trends-churn-interest-one-classic-still-rules-75b-industry" target="_blank" rel="noopener"><strong><u>NEW ICE CREAM TRENDS CHURN UP INTEREST, BUT ONE CLASSIC STILL RULES THE $7.5B INDUSTRY</u></strong></a></p><p>Beverage prices have also risen at a modest pace compared with a year ago, as carbonated drinks are up 3.7% while nonfrozen, noncarbonated juices and drinks are up by a more modest 2.3% year over year.</p><p>Prices for <a href="https://www.foxbusiness.com/category/fox-news-drinks" target="_blank" rel="noopener"><u>alcoholic beverages</u></a> consumed at home have been relatively flat overall in the last year with the index up just 0.4%, so consumers who wish to consume them this Memorial Day weekend will see less of a price impact.</p><p><a href="https://www.foxbusiness.com/apps-products" target="_blank" rel="noopener"><strong><u>GET FOX BUSINESS ON THE GO BY CLICKING HERE</u></strong></a></p><p><a href="https://www.foxbusiness.com/category/fox-news-beer" target="_blank" rel="noopener"><u>Beer</u></a> prices have risen the most in the category, climbing 2.2% year over year, while distilled spirits are up 0.1% and wine declined by 0.8% in that period.</p>https://www.foxbusiness.com/economy/hosting-memorial-day-cookout-heres-how-much-could-cost<div class="blogger-post-footer">Feed From Other Links</div>0https://bcorpus.blogspot.com/2026/05/trump-said-hed-remember-companies-that_0691843148.htmlnoreply@blogger.com (Unknown)Sat, 23 May 2026 00:38:14 -0700tag:blogger.com,1999:blog-8729369296954191601.post-3413686549265726834Walmart confirmed to CNBC it has sought a tariff refund and plans to use any money it receives back to invest in lower prices for shoppers.https://www.cnbc.com/2026/05/22/trump-tariff-refunds-walmart-home-depot-target-apply.html<div class="blogger-post-footer">Feed From Other Links</div>0