Tariffs Impact

Business

Nike Under EEOC Scrutiny: Diversity Initiatives Face Legal Test as Investor Concerns Mount

The U.S. Equal Employment Opportunity Commission has launched a formal investigation into Nike Inc., probing whether the sportswear giant's diversity, equity, and inclusion programs have inadvertently led to discriminatory practices against White employees and applicants. The regulatory move places Nike's workplace policies under a legal microscope, potentially triggering significant reputational and financial repercussions for the Swoosh brand.

Feb 5, 2026

Business

Pizza Hut to Shutter 250 U.S. Locations by 2026 as Parent Company Weighs Brand's Future

Yum! Brands announces closure of underperforming Pizza Hut restaurants amid strategic review, raising questions about the fate of Michigan outlets and potential sale of the iconic chain.

Feb 5, 2026

Business

Pizza Hut Trims U.S. Footprint: 250 Underperforming Locations to Close by Mid-2026

Yum! Brands announces a strategic reduction of Pizza Hut's U.S. presence, closing 250 restaurants as part of a broader 'Hut Forward' initiative aimed at long-term growth in a digital-first market.

Feb 5, 2026

US

Life Sentence for Northamptonshire Man Who Strangled Wife in Cocaine-Fueled Attack

Paul Knight, 36, will serve a minimum of 17 years for the murder of his wife, Isobella, while their two young daughters slept upstairs. The court heard the attack was triggered by a drug-induced rage.

Feb 5, 2026

Business

Beyond the Headlines: The Dow vs. S&P 500 and the Battle to Define the Market

While both the Dow Jones Industrial Average and the S&P 500 are ubiquitous market barometers, their methodologies tell vastly different stories. We dissect the history, composition, and inherent biases of these two indices to determine which one truly captures the heartbeat of the U.S. economy.

Feb 5, 2026

Business

Snap Charts Path to Profitability, Nears 1 Billion Users as Specs Launch Looms

Snap Inc. reported a pivotal Q4 2025, showcasing a strategic shift towards profitable growth with a 59% gross margin and positive net income. The company is balancing user growth with monetization, nearing 1 billion monthly active users, while gearing up for the consumer launch of its augmented reality glasses, Specs, later this year.

Feb 5, 2026

Business

DraftKings' Growth Engine Slows: User Gains Stagnate, Margins Tighten

DraftKings Inc. is showing signs of strain as its once-explosive user growth decelerates and profitability metrics weaken, raising questions about the online sports betting giant's path to sustainable earnings. With the stock (NasdaqGS: DKNG) down sharply this year, investors are scrutinizing the cost of customer acquisition in an increasingly competitive and regulated market.

Feb 5, 2026

Business

Kennametal Beats Estimates, Raises Outlook on Strong Pricing and Energy Sector Wins

Kennametal posts robust Q2 FY2026 results, exceeding sales and EPS forecasts. The industrial tooling leader cites strategic wins in energy and aerospace, effective pricing actions to counter soaring tungsten costs, and an upgraded full-year outlook as key drivers.

Feb 5, 2026

Business

BrightView's Transformation Fails to Impress as Shares Tumble on Weak Earnings

The commercial landscaping giant's latest quarterly results, featuring a widening net loss despite modest revenue growth, cast doubt on the efficacy of its ongoing 'One BrightView' strategic overhaul and sparked a sharp sell-off.

Feb 5, 2026

Trump Declines to Intervene in High-Stakes Streaming Wars Battle Over Warner Bros.

Former President Donald Trump stated he will not involve himself in the contentious negotiations between Netflix, Paramount, and Skydance Media for Warner Bros. Discovery, leaving the matter to the Justice Department.

Feb 5, 2026

Business

Behind Jati Tinggi's Solid Profits: Share Dilution Raises Investor Eyebrows

While Jati Tinggi Group Berhad (KLSE:JTGROUP) posted rising net income, a significant increase in shares outstanding has diluted per-share earnings, prompting market skepticism despite the seemingly positive headline figures.

Feb 5, 2026

World

Ukraine Braces for Escalating Energy Crisis as Minister Warns of Prolonged Blackouts, Fresh Russian Strikes

Ukraine's energy minister has issued a stark warning that planned power outages could intensify in the coming days, citing significant generation shortfalls and the threat of new Russian aerial attacks targeting the nation's critical energy infrastructure.

Feb 5, 2026

US

Newly Released Epstein Email Alleges Bill Gates Left Former Lover in Financial Distress

A 2017 email from Jeffrey Epstein, released as part of a recent document dump, claims Bill Gates's former romantic partner was left 'broke' and couch-surfing. The allegation adds to the scrutiny of the billionaire's ties to the disgraced financier.

Feb 5, 2026

Business

Cramer's Charitable Trust Adds CrowdStrike Position Amid Market Volatility

CNBC's Jim Cramer disclosed a new position in cybersecurity leader CrowdStrike Holdings for his charitable trust, framing recent share price weakness as an opportunity amid a broader tech sell-off driven by macroeconomic concerns.

Feb 4, 2026

Business

Workday's AI Crossroads: Valuation Reset Sparks Debate Amid Sector-Wide Jitters

Workday shares have tumbled sharply as investor enthusiasm pivots to pure-play AI agents, raising questions about the HR software giant's strategic positioning and premium valuation. We examine whether the selloff presents a buying opportunity or signals deeper structural challenges.

Feb 4, 2026

Business

Snap's User Base Shrinks as AR Glasses Launch Looms, Testing Company's Core Strategy

Snap Inc. reports a decline in daily active users for Q4 2025, even as revenue grows. The dip, attributed partly to geopolitical bans, comes at a pivotal moment as the company prepares to launch its AR Spectacles into a fiercely competitive market dominated by Meta.

Feb 4, 2026

Business

Golden State's Glitter Fades: Why Many Retirees Rethink the California Dream

While California's climate and scenery have long attracted retirees, a perfect storm of soaring costs—from housing and taxes to insurance and healthcare—is leading many seniors to question their move. Beyond the sunshine, the financial realities of life in the state are prompting widespread regret.

Feb 4, 2026

US

Washington Post Cuts Hundreds, Including Key Amazon Reporter, in Major Restructuring

The Washington Post has laid off hundreds of employees, representing about a third of its newsroom. Among the casualties is Caroline O'Donovan, the reporter who covered Amazon—the tech giant owned by the paper's own proprietor, Jeff Bezos. The cuts signal a dramatic shift for the historic publication.

Feb 4, 2026

US

Louisiana School Counselor Found Dead Amid Investigation into Alleged Inappropriate Contact with Student

Quinton Dixon, a middle school counselor placed on leave over allegations of messaging a 14-year-old former student, was found dead in an apparent suicide on a Baton Rouge school campus.

Feb 4, 2026

Business

Oracle's $50 Billion AI Bet Sends Shares Tumbling: Can the Cloud Giant Execute?

Oracle's ambitious plan to raise up to $50 billion for a massive AI infrastructure expansion has rattled investors, sending its stock down sharply. While the move underscores its commitment to competing with cloud leaders, concerns over execution risk and debt levels are taking center stage.

Feb 4, 2026