7-Eleven will shutter 645 stores this fiscal year as it pivots toward a food-forward model to compete with rivals like Wawa and Buc-ee's.
Lufthansa strikes will stretch through Thursday as flight attendants join pilots in a renewed walkout. Major hubs like Frankfurt and Munich face massive cancellations, with Northern German airports also hit hard.
United raised bag fees to $45 and cut 5% of summer flights as jet fuel prices doubled since the Iran war began. The airline is also rolling out tiered premium fares, stripping certain perks from the lowest business-class tiers to manage rising operational costs.
Peter Magyar led the centre-right Tisza party to a landslide victory in Hungary, securing 138 seats and a two-thirds majority.
McDonald's is adding Red Bull energy drinks and crafted sodas, including a Dirty Dr Pepper, to its U.S. menus starting next month.
Trade Minister Ryosei Akazawa suggested the Bank of Japan could raise rates this month to strengthen the yen and offset soaring energy costs.
Fuel prices hitting €2.50 a liter in Germany have triggered a surge in EV interest across Europe.
Bill Ackman's $64 billion bid for Universal Music Group depends on the approval of billionaire Vincent Bollore, who controls a 32% stake.
The U.S. military will begin a maritime blockade of all Iranian ports today after weekend talks in Islamabad failed to reach a deal.
Viktor Orban's 16-year rule ended as Peter Magyar's centre-right Tisza party won a landslide two-thirds majority in a record-turnout election.
Super Micro launched an independent investigation after two employees and a contractor were indicted over server sales to China.
Glencore acquired a 45% stake in a South Carolina aluminum recycling plant to secure its U.S. supply chain amid Middle East conflict disruptions.
China expanded its pilot free trade zones to 23 with the new Inner Mongolia Pilot FTZ. The 119.74 sq km zone across Hohhot, Manzhouli, and Erenhot aims to boost northward trade and logistics.
PPI rose 0.5% in March, ending a 41-month drop. AI and commodity demand fueled the first YoY gain in 3 years as costs rebounded.
American Airlines raised checked bag fees, with steeper hikes for basic economy, amid soaring jet fuel costs. New airport fees hit $50 for standard tickets and $55 for basic economy starting May 18.
Elon Musk's xAI filed a lawsuit to block Colorado's new AI regulations, arguing they violate free speech and force the Grok model to adopt state-aligned biases.
TSMC's Q1 revenue jumped 35%, beating market forecasts on the back of surging AI chip demand. The results, driven by clients like Nvidia, as AI interest continues to offset weaker consumer electronics sales.
Treasury and Fed chiefs warned bank CEOs that Anthropic's Mythos AI can exploit major cyber flaws. Access is restricted to 40 firms to mitigate global risks.
An investigation names Adam Back as Bitcoin's creator. He denies the claims, but AI analysis and writing patterns reinforce the theory regarding his identity.
Britain hit a 14.4GW solar record as the UK's biggest solar farm, Springwell, won approval. It will power 180,000 homes in Lincolnshire.
UniCredit warned that a Commerzbank tie-up could spark an exit of key staff and clients. The bank is pursuing a €35B all-share bid to lift its stake above 30%.
Treasury proposed AML and sanctions rules for stablecoin issuers under the GENIUS Act. The move treats firms as financial institutions to curb illicit finance.
Adam Back denied a NYT report unmasking him as Bitcoin's creator. Writing analysis and timelines linked him to the elusive 1.1M coin fortune.
IRGC warns of a regret-inducing response as Israel strikes Lebanon. Nuclear disputes and fresh attacks on Gulf oil facilities threaten the fragile truce.