Cava on Thursday reported better-than-expected sales in its latest fiscal quarter, shaking off the malaise the broader restaurant industry has felt as consumers have cut back on dining. The Mediterranean chain said its same-store sales grew 10.8% …
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Business
Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal
by adminThe Justice Department isn’t planning to prosecute Boeing in a case tied to two crashes of the aerospace giant’s 737 Max, a person familiar with the matter said, a tentative agreement that would allow the plane-maker to avoid …
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World
American basketball player arrested in Indonesia for alleged drug smuggling, could face death penalty
by adminAn American basketball player for the Indonesian league was arrested for allegedly attempting to smuggle illegal drugs to the country, police said Thursday. The Southeast Asian country has extremely strict drug laws, and convicted smugglers …
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Police in Thailand have arrested a man on suspicion of wildlife trafficking after he was found with two baby orangutans in a basket at a gas station in the Thai capital. The 47-year-old suspect was …
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President Donald Trump said Friday that the U.S. has given Iran a proposal for a nuclear deal. ‘Yeah they have a proposal, but more importantly, they know they have to move quickly or something bad, …
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Politics
Blue state congressman ditches Dem playbook, seeks to codify Trump’s latest executive order
by adminWhile Rep. Ro Khanna, D-Calif., has been a vocal opponent of President Donald Trump’s tariff and deportation policies, the president’s latest executive order targeting prescription drug prices inspired the Silicon Valley congressman to trade political …
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Investing
Trump Admin Fast Tracks Anfield’s Velvet-Wood Uranium Project in Push for US Energy Independence
by adminThe US Department of the Interior announced on Monday (May 12) that it will fast track environmental permitting for Anfield Energy’s (TSXV:AEC,OTCQB:ANLDF) Velvet-Wood uranium project in Utah The decision slashes what would typically be a …
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Investing
Crypto Market Recap: Coinbase to Join S&P 500, Robinhood Eyes Canadian Crypto Boom
by adminHere’s a quick recap of the crypto landscape for Wednesday (May 14) as of 6:00 p.m. UTC. Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news. …
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Business
‘Shark Tank’ alum Bombas taps former Under Armour exec as CEO as it looks beyond digital roots
by adminBombas founder David Heath is stepping down from his role as CEO as the socks and apparel company looks to expand beyond its direct-to-consumer roots. Bombas President Jason LaRose, a former Under Armour and Equinox executive, will …
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Reddit co-founder Alexis Ohanian has purchased a minority stake in Chelsea FC Women, giving him an ownership stake in two of the most-valuable teams in women’s sports. The founder of venture capital firm Seven Seven Six …