Food prices could rise due to fertilizer shortages

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The war in Iran could raise global food prices as the conflict disrupts fertilizer shipments through one of the world’s most critical trade routes. While energy markets have focused on oil supply risks, analysts say threats to fertilizer supply chains through the Strait of Hormuz may also bring long-term economic issues through food inflation. “Beyond […]


Countries Scramble to Shore Up Global Oil Supplies as Ships Are Attacked

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World leaders raced on Wednesday to shore up the global oil supply as the war in the Middle East and retaliatory attacks by Iran threatened to choke off the Strait of Hormuz, a vital passage for oil tankers. The threat was punctuated when three ships in or near the strait were damaged by strikes. Hours […]


Papa John’s mulling fresh $1.5B offer to go private: report

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Papa John’s International is reviewing a fresh bid from Irth Capital Management to take the pizza chain private, valuing it at about $1.5 billion, the Wall Street Journal reported Wednesday, citing people familiar with the matter. Shares of Papa John’s were up 15% in afternoon trading following the news. Irth has offered $47 per share for the company, the report said, representing a premium of about […]


JPMorgan reins in lending to private credit firms, marks down software loans

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Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the America Business Forum in Miami, Florida, US, on Thursday, Nov. 6, 2025. Eva Marie Uzcategui | Bloomberg | Getty Images JPMorgan Chase is reducing its exposure to the private credit industry by marking down the value of loans held by the bank as […]


NYC club maestro opens new members-only Zero Bond in Las Vegas

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Zero Bond – the exclusive New York City club beloved by the likes of Jay-Z, Gigi Hadid and former Mayor Eric Adams – is opening a Las Vegas outpost this week. It’s the first Big Apple-style, members-only club to come to Sin City. In a locale known for excess, the club is keeping everything — […]


Ford launches Pro AI for multibillion-dollar commercial business

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2023 Ford Super Duty F-550 Chassis Cab Ford DETROIT — Ford Motor is launching a new artificial intelligence system for its Pro commercial vehicle business as it tries to grow the unit’s profits and software revenue. The Detroit automaker on Tuesday said the new “Ford Pro AI” can monitor and analyze more than 1 billion […]


The OC’s Yamaha Motor Corp. is moving its Cyprus HQs to Georgia

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After nearly 50 years in Orange County, Yamaha Motor Corp. USA is packing up its headquarters — trading Cypress, California for Kennesaw, Georgia in a sweeping corporate shift that will impact about 250 workers. The motorcycle and motorsports giant says the move is part of major “structural reforms” meant to boost profits as costs climb […]


How the company keeps beating the toy industry

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Lego just put up another banner year — with help from a behind-the-scenes secret weapon. The Danish company on Tuesday reported a 12% jump in revenue to 83.5 billion Danish kroner, or $12.9 billion, for fiscal year 2025. Operating profit rose 18% year over year to 22 billion Danish kroner, or $3.4 billion, the company […]


As Oil Prices Rise, the War With Iran Becomes a Worldwide Economic Hazard

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Fuel prices could soar, and stay elevated for months. That could make groceries and other shipped goods more expensive. And consumers and businesses, stung by the rising costs, could choose to spend less, constraining economic growth. In the eyes of economists, that is the increasingly real and dire picture from the U.S.-led war with Iran, […]


Anthropic sues Trump admin for blacklisting amid clash on using AI for surveillance, weaponry

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Anthropic on Monday sued the Trump administration for effectively blacklisting the AI firm after it sought to block the Pentagon from using its chatbot for mass surveillance and weaponry. The San Francisco-based tech firm accused War Secretary Pete Hegseth of designating Anthropic a supply-chain risk – making it the first US company to bear that […]