Business

Jamie Dimon warns of the coming ‘bond crisis’ as global debt risks rise

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🚀 Discover this awesome post from Business News 📖 📂 **Category**: 📌 **What You’ll Learn**: Jamie Dimon, Chairman and CEO of JPMorgan Chase & Co., attends a ribbon-cutting ceremony to open the company's new headquarters at 270 Park Avenue, in New York City, US, on October 21, 2025. Eduardo Munoz | ReutersJPMorgan Chase CEO Jamie Dimon warned Tuesday that rising government debt levels could lead to a bond market crisis, urging policymakers to act before markets force their hand.Dimon's statement came in response to a question about whether he was concerned about rising levels of government debt "around the world…

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The FCC begins review of Disney’s broadcast licenses

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🚀 Explore this must-read post from Business News 📖 📂 **Category**: ✅ **What You’ll Learn**: The FCC is seeking an early review of the matter Disney broadcast station licenses following concerns about the company's diversity, equity and inclusion efforts, according to a letter from FCC Chairman Brendan Carr on Tuesday. The letter orders the company to apply for early renewal of ABC-owned television stations and notes that the action is related to the investigation into Disney's DEI efforts, which began last year. The ABC-owned stations' licenses were originally scheduled to be renewed between 2028 and 2031. Disney confirmed on Tuesday…

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Resorts World Casino opens in New York City

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✨ Check out this must-read post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: New York City's first full-scale casino with live table games opened for gamblers on Tuesday, more than a decade after voters approved expanded gambling in the state.Resorts World, owned by Malaysia-based Genting, beat gaming giants such as Wayne Resorts, Las Vegas Sands, Caesar Entertainment and MGM Resorts To obtain one of the three new casino licenses.It is the first company to be launched because it was already running a slot machine and electronic gambling facility, one of the most profitable in the world. Resorts…

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US airlines raise prices, and travelers continue to book

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🔥 Explore this trending post from Business News 📖 📂 **Category**: 📌 **What You’ll Learn**: Jet fuel prices have risen this year since attacks on Iran that began two months ago effectively closed the Strait of Hormuz. For now, airline executives say passengers are still flying, and increasingly covering the bill.The price hike occurred just before spring break and has eroded airline profits this year. But booking trends show resilient consumers are prioritizing travel, and executives have a bright outlook for the peak summer demand months, which now end in August. There are still questions about how demand will sustain…

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Starbucks (SBUX) Q2 2026 Earnings

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🔥 Check out this must-read post from Business News 📖 📂 **Category**: 📌 **What You’ll Learn**: Starbucks On Tuesday, it raised its full-year forecast for comparable earnings and same-store sales growth after reporting traffic growth for the second straight quarter.“This quarter represents a milestone for Starbucks — and a transformational one in our transformation,” CEO Brian Nicol said in a video posted alongside the company's second-quarter financial results.For fiscal 2026, Starbucks said global and U.S. same-store sales are now expected to increase at least 5%, up from its previous forecast of a 3% increase. Starbucks also raised its adjusted earnings…

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ABC faces renewed backlash for Trump

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✨ Explore this must-read post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: President Donald Trump is reviving calls this week for DisneyABC-owned ABC has decided to pull comedian Jimmy Kimmel off the air in another test of late-night television during the Republican president's second term.Although this isn't the first time Kimmel has faced backlash over an episodic monologue — his show was briefly suspended in September after broadcast station owners threatened to scuttle the show following comments about the killing of conservative activist Charlie Kirk — the renewed challenges now fall under new Disney CEO Josh D'Amaro,…

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Brand Earnings (YUM) Q1 2026

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🔥 Check out this insightful post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: Yum brands On Wednesday, it reported quarterly earnings and revenue that beat analysts' expectations, helped by another strong quarter for Taco Bell.Here's what the company reported compared to what Wall Street was expecting, based on a survey of analysts conducted by LSEG:EPS: $1.50 was revised from $1.38 expectedprofit: $2.06 billion versus $2.04 billion expectedYum reported first-quarter net income of $432 million, or $1.55 per share, up from $253 million, or 90 cents per share, a year earlier.Excluding fees related to Pizza Hut's strategic review…

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PayPal makes Venmo a standalone business unit as a circle for potential buyers

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🔥 Discover this trending post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: Enrique Llores, then CEO of Hewlett-Packard, speaks on CNBC outside the World Economic Forum in Davos, Switzerland, on January 22, 2025.Jerry Miller | CNBCPayPal CEO Enrique Llores told executives this week that he is reorganizing the company's management chain to separate Venmo, the popular mobile payment app, from the company's other operations, CNBC has learned exclusively.Venmo will soon become its own standalone segment within PayPal, making it easier to track its progress or potentially sell the company to another company, people familiar with the changes…

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David Ellison Paramount Warner Bros. 30th film release

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💥 Explore this must-read post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: Paramount Skydance CEO David Ellison speaks on stage during a Paramount Pictures presentation at CinemaCon at the Colosseum at Caesars Palace in Las Vegas, April 16, 2026.Valerie Macon | AFP | Getty ImagesParamount CEO David Ellison is trying to do something no other studio has done in the modern cinema era: release 30 films a year.Ellison once again promised this theatrical feat in front of thousands of exhibitors at CinemaCon on April 16. Applause exploded from the audience after he made this statement. But cinema…

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Carvana (CVNA) Q1 2026 earnings

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✨ Read this must-read post from Business News 📖 📂 **Category**: 📌 **What You’ll Learn**: In an aerial view, a sign is seen on the outside of a Carvana vending machine on July 19, 2023 in Daly City, California.Justin Sullivan | Getty Imagesshares Carvana It jumped as much as 10% in extended trading after the company reported record first-quarter results that beat Wall Street expectations.Here's how the company performed in the first quarter, compared to average estimates compiled by LSEG:EPS: $1.69 vs. $1.43 expectedprofit: $6.43 billion versus $6.08 billion expectedThe online used car retailer reported adjusted earnings before interest, taxes,…

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