McDonald’s unveils new corporate strategy to make stores ‘easier to run’
- 02-Jun-2026
McDonald’s is set to announce a new corporate strategy at a worldwide gathering for franchisees and suppliers in Las Vegas, the company said in a statement on Monday. The strategy, which the burger giant is calling “McDonald’s>NEXT,” focuses on increasing automation, raising standards for hospitality, leaning on social media for marketing, and making its sandwiches […]
Watch: High-speed meteor blows up in sky, shaking major US city
- 01-Jun-2026
A meteor exploded in the sky over the US state of Massachusetts, producing a powerful sonic boom that shook homes, rattled windows, and startled residents across the region, according to preliminary reports. The space rock was travelling at an estimated speed of around 75,000 miles per hour when it entered Earth’s atmosphere on Saturday and […]
Pakistan’s peacemaking efforts in U.S.-Iran talks may lead to lasting peace, says Khurshid Kasuri
- 31-May-2026
Former Pakistani foreign minister Khurshid Mahmud Kasuri said Pakistan is actively working to help bridge differences between the United States and Iran, expressing hope that ongoing negotiations would eventually lead to a lasting peace agreement between the two countries. Speaking in an event hosted by Fauzia Kasuri in honor of visiting former foreign minister, Kasuri […]
Texas to enforce migrant arrest law
- 30-May-2026
A federal appeals court on Friday cleared the way for Texas authorities to enforce key parts of a law that would allow state officials to arrest and deport people suspected of having illegally crossed the US-Mexico border. A 2-1 panel of the New Orleans-based 5th US Circuit Court of Appeals in an order put on […]
US imposes fresh sanctions on Iran’s military oil sales, Treasury says
- 29-May-2026
WASHINGTON: The US said on Thursday it has imposed new sanctions on Iran’s military oil trade, even as Washington and Tehran reached a tentative agreement to extend their ceasefire and lift restrictions on shipping through the Strait of Hormuz. The Treasury Department said it had sanctioned eight vessels involved in transporting Iranian crude oil and […]
Iran, US reach deal to extend ceasefire, pending Trump’s approval
- 29-May-2026
WASHINGTON: The United States and Iran reached an agreement on Thursday to extend their ceasefire and lift restrictions on shipping through the Strait of Hormuz, sources told Reuters, though U.S. President Donald Trump has yet to approve it and Iranian state media said it had not been finalized. According to four sources familiar with the […]
US launches fresh strikes on southern Iran
- 28-May-2026
The US carried out fresh airstrikes in southern Iran, targeting drone-launch facilities and boats allegedly involved in laying naval mines, in a move that threatened to further strain fragile ceasefire and negotiation efforts between the two countries. According to US Central Command (CENTCOM), the strikes were conducted as “self-defense” operations to protect American troops from […]
I Squared bets on AI inference with $225 million data center buy from Cogent
- 27-May-2026
Investment manager I Squared Capital on Tuesday said that it has bought 10 data center facilities from Cogent Fiber for $225 million in cash, marking its latest bet on AI infrastructure. I Squared said it plans to use the assets as a “seed” for a new U.S. data center operating platform, committing a further $1 […]
SpaceX debut draws a crowd, but few recent hot IPOs outpace the market
- 27-May-2026
Wall Street is abuzz with next month’s expected blockbuster debut of Elon Musk’s rocket and satellite maker SpaceX, but few of the biggest IPOs in recent years have paid off for investors who bought in when the deals came to market. A Reuters analysis of the 50 IPOs with the highest valuations in the past […]
American Airlines to equip over 500 narrow-body jets with Starlink Wi-Fi from 2027
- 27-May-2026
American Airlines said on Tuesday it will equip over 500 of its narrow-body aircraft with Starlink in-flight Wi-Fi for domestic and short-haul international routes, starting in the first quarter of 2027. The financial terms of the deal were not disclosed. With premium travel demand soaring since the COVID pandemic, airlines around the world have rushed […]