LONDON — It’s an enormous price to pay for a little cup of coffee, but the man behind the pitch promises it won’t leave a bitter taste behind because it comes with a sweetener: a share of a dairy farm. A Scottish dairy is offering what it bills as the U.K.’s most expensive cup o’ … Read more
MEXICO CITY — Mexico’s president acknowledged Thursday that Canada is concerned about reports of a Chinese company’s plan to build an auto plant in Mexico, but she said it does not currently exist. President Claudia Sheinbaum said she talked recently to Canadian Prime Minister Justin Trudeau and that he assured her he did not support … Read more
Transportation Secretary Pete Buttigieg snapped back Thursday at criticism from airline executives who say the Biden administration over-regulated them, pointing out that some of those airlines are making large profits despite new passenger-protection rules. Buttigieg said the rules his department has imposed, including automatic cash refunds after flights are canceled, enjoy broad public support and … Read more
U.S. stocks climbed after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. The S&P 500 pulled 0.5% higher Thursday after flipping between modest gains and losses several times in the morning. The Dow Jones Industrial Average jumped 1.1%, and the Nasdaq composite edged up less than 0.1%. … Read more
GEORGETOWN, Guyana — Indian Prime Minister Narendra Modi said Thursday during a visit to Guyana that his government views the South American country as key to its energy security. Modi spoke a day after his foreign minister said India is interested in buying up to two million barrels of crude from the oil-producing nation where … Read more
MACON, Ga. — A Canadian company announced Thursday that it will spend $600 million to expand its tissue paper mill in Georgia, hiring 100 more workers. Irving Tissue said it needs to expand in Macon because the mill is currently selling all the bath tissue and paper towels it can make. The privately held firm … Read more
HALIFAX, Nova Scotia — Canadian Prime Minister Justin Trudeau ‘s government announced plans Thursday to temporarily lift the federal sales tax off a number of items and send checks to millions of Canadians who are dealing with rising costs and as a federal election looms. The measures come as a cost of living crisis has … Read more
Walmart Chief Financial Officer John David Rainey warned that President-elect Trump’s proposed tariffs could lead to higher prices for Walmart shoppers. “Tariffs are going to be inflationary. There’s no disputing that,” Rainey said during an interview with Liz Claman on “The Claman Countdown” on Thursday. “Likely consumers are going to pay more for the items that … Read more
NEW YORK — Sneaking a little ahead of line to get on that plane faster? American Airlines might stop you. In an apparent effort to reduce the headaches caused by airport line cutting, American has rolled out boarding technology that alerts gate agents with an audible sound if a passenger tries to scan a ticket … Read more
More than 167,000 pounds of ground beef shipped to restaurants nationwide are being recalled by a Michigan meatpacking company over concerns of possible E. coli contamination, federal officials said Wednesday. At least 15 cases of the bacteria have been reported in Minnesota this month that link back to Wolverine Packing Co. — as concerns mount … Read more