automobile

McDonald’s CEO Says ‘Sticky’ Inflation Is The New Operating Reality — Doesn’t Expect Industry To See Robust Traffic Growth ‘All Of A Sudden’

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In an interview with CNBC, Kempczinski said the company needs to be careful with pricing and not raise prices beyond what consumers are willing to pay. McDonald’s is pursuing market-share gains, tighter cost controls, and restaurant upgrades to adapt to a tough long-term operating environment. McDonald’s is targeting 1.5 percentage points of market-share gains in … Read more

Ex-IIT-B officials defend prof in student death, allege conspiracy

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Former IIT-Bombay officials defend Professor Suryanarayana Doola following a student’s suicide, alleging a politically motivated plot to ‘destabilise’ the institute and questioning the motives behind demands for the professor’s arrest. Former IIT-Bombay Board of Governors Chairman Sharad Kumar Saraf and IIT-Bombay alumnus Deepak Birewar F on Wednesday defended Professor Suryanarayana Doola amid demands for his … Read more

UKPNP protests against Pakistan in Geneva over PoJK rights abuses

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The UKPNP organised an anti-Pakistan protest in Geneva, highlighting human rights violations in PoJK. Protesters condemned the firing on civilians and demanded an impartial investigation, urging the UN to take note of the repression in the region. The United Kashmir People’s National Party (UKPNP) organised an anti-Pakistan protest at the Broken Chair outside the United … Read more

Tripura Cong questions BJP, Tipra Motha on tribal development history

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Tripura Congress questioned political claims on tribal development, raised concerns over the Forest Rights Act, the BJP-Tipra Motha alliance, and the functioning of the TTAADC ahead of the September 28 Village Committee elections. The Tripura Pradesh Congress on Wednesday organised a press conference at Pradesh Congress Bhavan, where AICC MP and Tripura Pradesh Congress in-charge … Read more

Jagan meets Governor, demands CBI probe into DSC scam, Lokesh’s exit

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YSRCP chief YS Jagan Mohan Reddy demands the resignation of Education Minister Nara Lokesh and a CBI probe into the DSC recruitment scam. He met the Governor to report alleged attacks on party leaders and detailed the scam’s irregularities. Former Chief Minister and YSRCP president YS Jagan Mohan Reddy on Wednesday reiterated his demand for … Read more

UP Toll Plaza Horror: Scorpio Driver Smashes Through Barrier Without Stopping, Video Goes Viral (WATCH)

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A viral video from Firozabad, Uttar Pradesh, shows a Scorpio driver intentionally smashing through a toll plaza barrier while playing loud music. The incident, recorded from inside the vehicle, has sparked outrage on social media, with users demanding strict police action against the driver. In Firozabad, Uttar Pradesh, a Scorpio driver was caught on camera … Read more

CFTC Chair Michael Selig Says ‘It’s Go Time’ for Crypto Rules, Plans ‘24/7 On-Chain’ Future

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In an interview with CNBC, CFTC Chair Michael Selig said the agency is moving ahead with crypto market-structure rules despite the lack of new legislation. Selig said existing statutory authority gives the CFTC room to advance crypto rules through agency rulemaking. Selig said the CFTC is also preparing for financial markets that operate “24/7 on-chain” … Read more

DVN Stock Rises As Top Shareholder Reportedly Calls For Sale — What’s Behind The Activist Push?

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According to a CNBC report, TOMS Capital urged the oil producer to consider a sale, adding to pressure just months after its Coterra merger. The activist argued that Devon’s expanded portfolio following the Coterra merger is too complex and contributes to a valuation discount. Devon previously said the Coterra combination could deliver $1 billion in … Read more