Coffee Chain

Business

From $2.9 Billion to $7,386: How Tesla's Cybertruck Stumble Evaporated a Korean Family's Fortune

A South Korean family's paper wealth soared past $800 million after their company, L&F Co., inked a landmark battery materials deal with Tesla. Less than two years later, a quiet regulatory filing slashed the contract's value by 99.9997%, a collapse tied directly to Tesla's production struggles with its Cybertruck and 4680 battery cells.

Feb 2, 2026

Business

ABB Beats Earnings Expectations, Analysts Boost Price Target Amid Strong Growth Outlook

ABB's shares surged 10% following its annual results, with earnings per share exceeding forecasts. Analysts have raised their price target to CHF 60.30 and project accelerated revenue growth ahead of industry peers.

Feb 2, 2026

Moltbook Mania: AI Bot Forum's Namesake Memecoin Plunges 75% Following Viral Hype

The MOLT token, inspired by the AI-exclusive social platform Moltbook, skyrocketed to a $93M valuation before a dramatic crash, highlighting the volatile and speculative nature of event-driven memecoins.

Feb 2, 2026

As AI Penetrates Patient Care, a Patchwork of State Rules Replaces Federal Guardrails

With pharmaceutical companies increasingly deploying AI in direct-to-consumer platforms, the regulatory landscape remains fragmented. In the absence of comprehensive federal action, states are stepping in with disparate laws to address privacy and safety concerns, creating a complex compliance challenge for the industry.

Feb 2, 2026

Business

PepsiCo's Leadership Shuffle: CEO Joins IBM Board, New CFO for India Signal Strategic Priorities

PepsiCo's CEO expands his tech governance role at IBM, while a new financial chief takes the helm in the critical India region. These moves come as the beverage and snack giant's stock shows resilience, prompting investor analysis of its future direction.

Feb 2, 2026

Business

Ripple Secures Full EU Electronic Money License, Cementing European Ambitions

Ripple has obtained a full Electronic Money Institution (EMI) license from Luxembourg's CSSF, granting it passporting rights across the European Union. This marks a significant regulatory milestone following recent UK approval and a period of aggressive fundraising and acquisitions.

Feb 2, 2026

Business

Norfolk Southern Unveils Major East Coast Rail Corridor, Aiming to Unclog Freight Bottlenecks

Norfolk Southern has inaugurated its new 'East Edge' double-stack corridor, a decades-in-the-making infrastructure project linking Chicago to New England. The move is set to bolster intermodal capacity in the Northeast and could sharpen the railroad's competitive edge and investor appeal.

Feb 2, 2026

Business

Target's Leadership Shuffle: New CEO and Board Members Signal Renewed Focus on Store Revamp

Amidst sluggish sales and intense competition, Target appoints Michael Fiddelke as CEO and refreshes its board, placing store revitalization and operational efficiency at the heart of its turnaround strategy.

Feb 2, 2026

World

Japan Achieves Deep-Sea Breakthrough in Quest for Rare Earth Independence

Japan has successfully retrieved rare-earth-rich sediment from the deep Pacific seabed in a world-first test, marking a significant step in its national strategy to diversify critical mineral supplies and reduce dependence on China.

Feb 2, 2026

Business

Bitcoin's Bearish Turn: 'Worthless' Fears Resurface as Key Support Levels Crumble

Bitcoin's sharp decline below critical technical levels has amplified fears of a prolonged bear market, with prominent critics questioning its fundamental value. While some analysts see a buying opportunity, the mood among traders is turning increasingly grim.

Feb 2, 2026

Business

Beneath the Calm: The 2026 Logistics Landscape Demands New Strategies as Hidden Costs Rise

While carrier capacity and reliability show signs of recovery, a new FreightWaves white paper reveals a more complex and unforgiving cost environment emerging for 2026. Shippers must navigate a labyrinth of rules, fees, and contract nuances that are quietly driving up expenses.

Feb 2, 2026

Business

FMC Imposes Landmark $22.7 Million Penalty on MSC for Systemic Billing Abuses

The Federal Maritime Commission has levied one of its largest fines against Mediterranean Shipping Company, citing a pattern of wrongful late-fee charges, tariff publication failures, and repeated overcharges on thousands of container shipments.

Feb 2, 2026

Business

FreightWaves-Ryder Report: Capacity Tightens as 2026 Logistics Landscape Takes Shape

The latest collaborative industry analysis from FreightWaves and Ryder details shifting dynamics in trucking, maritime, and intermodal sectors, offering a data-driven forecast for the pivotal first quarter of 2026.

Feb 2, 2026

Business

Beyond the AI Hype: Why Giverny Capital Is Betting on Industrial Stalwart Hawkins (HWKN)

Amid a market obsessed with artificial intelligence, investment firm Giverny Capital reveals a new position in Hawkins, Inc., a specialty chemicals manufacturer. We examine the rationale behind this contrarian bet and what it says about current market dynamics.

Feb 2, 2026

Business

KTM's Rocky Road: 2025 Sales Slump Underscores Persistent Challenges Despite Restructuring

KTM's preliminary 2025 financial results reveal a steep decline in revenue and sales, casting doubt on the efficacy of recent restructuring efforts and raising questions about the brand's near-term recovery trajectory.

Feb 2, 2026

Business

Barrell Craft Spirits Sells Kentucky Facility as Whiskey Market Cools

Barrell Craft Spirits has sold a contract bottling plant in Jeffersontown, Kentucky, consolidating operations back to its Louisville site amid shifting consumer demand and a broader slowdown in the US whiskey category.

Feb 2, 2026

Business

Latin America's Economic Crossroads: Navigating the Surge of Chinese Imports

As Chinese exports, from electric vehicles to e-commerce goods, reshape Latin American markets, governments and industries grapple with the dual pressures of affordable consumer goods and strained local manufacturing, forcing a delicate recalibration of trade policies and regional alliances.

Feb 2, 2026

Ford and Xiaomi Deny Reported Talks on U.S. EV Production Amid Rising Trade Tensions

Ford Motor Company and Chinese tech giant Xiaomi have both denied a Financial Times report claiming preliminary discussions about producing Xiaomi's electric vehicles in the United States, as the auto industry navigates steep new tariffs on Chinese imports.

Feb 2, 2026

Business

Visa's 2026 Outlook: Steady Growth Amid Economic Headwinds, But Is It Time to Buy?

As the global payments giant prepares to report its fiscal year results, analysts forecast continued strong fundamentals for Visa. However, its recent underperformance against the broader market and a cautious consumer climate raise questions for investors seeking value.

Feb 2, 2026

Business

Winter Storms Meet Tight Capacity: Why This Year's Trucking Turmoil Is Different

Severe winter weather is colliding with historically high tender rejection rates, creating a perfect storm in the truckload market. With carriers rejecting over 13% of shipments, spot rates are experiencing amplified volatility, signaling a fundamental shift in underlying supply and demand dynamics.

Feb 2, 2026