Lowe’s is launching a drone delivery service in partnership with DoorDash and Alphabet‘s Wing, CNBC has learned exclusively. The company said the new drone delivery service — a first in the home improvement retail space — will give customers access to over 100 products in a delivery window as fast as 20 minutes. A pilot…
The Starbucks logo is seen at a store in Houston on September 25, 2025. Ronaldo Schemidt | Afp | Getty Images Starbucks on Thursday announced it will close about 1% of its North American cafes as part of its turnaround. Under CEO Brian Niccol, Starbucks has staged a revamp of its U.S. business that has…
The exterior of an Olive Garden is seen on June 20, 2025 in Austin, Texas. Brandon Bell | Getty Images Darden Restaurants on Thursday reported quarterly earnings and revenue that narrowly missed analysts’ expectations as same-store sales growth at Olive Garden slows. Shares of the company fell 5% in premarket trading. Here’s what the company reported for…
Anna Efetova | Moment | Getty Images As year-end approaches, it’s easy to overlook how last-minute income boosts could have a surprise impact on your taxes. Starting in 2026, some taxpayers could see a smaller charitable deduction as their earnings climb, due to changes from President Donald Trump‘s “big beautiful bill.” An increase in income…
Swiss flag is pictured at the Harbor in Geneva, Switzerland, March 13, 2024. Denis Balibouse | Reuters Switzerland’s central bank kept its key interest rate at 0% on Thursday, defying the tightening cycle that has begun among many of its major peers. But market watchers say it’s only a matter of time before it’s forced…
Ever-higher costs to service mounting debt loads pose a major risk to governments around the world, economists have warned. Global debt rose by $10 trillion in the first half of the year to top $365 trillion, according to research published by the Institute of International Finance on Wednesday. Zoom In IconArrows pointing outwards State debts…
Pedestrians walk past the Eiffel Tower in Paris on September 8, 2026. Lou Benoist | Afp | Getty Images France is paying an ever-higher risk premium on its debt as investors brace for a third straight year of drama over its annual budget, which threatens to topple yet another leader. The yield on the country’s…
Phil Hogan, former trade commissioner of the European Union, gestured as he spoke during a trade committee debate in the European Parliament’s Jozsef Antall building in Brussels, Belgium, on Wednesday, Feb. 19, 2020. Bloomberg | Bloomberg | Getty Images SINGAPORE — Other nations will have to fill the funding gap at the UN Food and…
McDonald’s on Wednesday announced plans to create its own media network, following in the footsteps of retail giants like Amazon and Walmart. In August, 450 of its company-owned U.S. restaurants began displaying advertising for other companies on its digital drive-thru order boards as part of a pilot. It is early days for the program, which…
US Treasury Secretary Scott Bessent looks on as he speaks to the media at the World Bank on the day of a meeting with Chinese Vice Premier He Lifeng, in Washington, D.C., US, Sept. 23, 2026. Nathan Howard | Reuters Soaring Treasury yields aren’t just bad for the government and its $40 trillion debt. They…