DNUT, DJT, MKC and more

Check out the companies making headlines in midday trading. Krispy Kreme — Krispy Kreme popped 39% and notched its best day on record. McDonald’s plans to sell the company’s doughnuts at its restaurants nationwide by the end of 2026, with the initial rollout beginning later this year. McDonald’s shares were little changed. Trump Media & […]

Tod’s investor calls for L Catterton to raise buyout offer

By Reuters API Published Mar 26, 2024 Tod investor Tabor Asset Management has published an open letter calling for an increase in the price offered by L Catterton to buy 36% of the Italian luxury shoemaker, saying the price of 43 euros per share is unfair. See catwalkTod’s – Fall-Winter2023 – Womenswear – Milan The […]

Synctera is the latest banking-as-a-service startup to lay off staff

Banking-as-a-service startup (BaaS) Synctera has conducted a restructuring that has resulted in a staff reduction, the company confirmed to TechCrunch. While Synctera did not share how many employees were impacted, a report in Fintech Business Weekly pegs the number to be about 17 people, or about 15% of the company. Doing the math, that means […]

Israel says UN resolution damaged Gaza truce talks

By David Gritten Israel says Hamas’s rejection of a current proposal for a Gaza truce deal with Israel shows the “damage” done by the UN Security Council resolution demanding an immediate ceasefire. Prime Minister Benjamin Netanyahu’s office said Israel would not surrender to what it called the Palestinian armed group’s “delusional demands”. They include an […]

US Supreme Court appears sceptical of abortion pill case

By Bernd Debusmann Jr and Kayla Epstein The US Supreme Court appeared sceptical of an effort to restrict access to a commonly used abortion drug, mifepristone, during a Tuesday hearing. Several members of the court questioned whether it was an appropriate challenge of the drug’s federal approval. It is the most significant abortion case before […]

Canada Goose cuts 17% of roles as consumer pullback persists

By Bloomberg Published Mar 26, 2024 Canada Goose Holdings Inc. is cutting 17% of its global corporate workforce as it attempts to support long-term growth amid a slowdown in sales.  Canada Goose The luxury parka retailer’s job cuts follow two quarters of single-digit sales growth after increases of more than 20% the previous two periods. […]

Jill Biden Outrageously Compares Florida To Nazi Germany

Source: MSNBC YouTube The First Lady Jill Biden hit a new low over the weekend when she outrageously compared the Republican-led state of Florida to Nazi Germany as she desperately tries to campaign for her husband amidst his abysmal approval ratings. Jill’s Insane Nazi Germany Comparison While speaking to an audience of Democrats in California […]

UN rights expert accuses Israel of acts of genocide

By Imogen Foulkes Francesca Albanese, the UN special rapporteur on human rights in the occupied Palestinian territories, presented her report to UN member states in Geneva on Tuesday. But Israel has already dismissed her findings. This comes amid growing international pressure on Israel to stop the war or to do much more to protect civilians. […]

Flashback: Sean ‘Diddy’ Combs Called For ‘White Men Like Trump’ To Be Banished

Screenshot: Yashar Ali Sean “Diddy” Combs, a prominent hip-hop mogul, saw federal officials raid his Los Angeles and Miami homes as part of a sex trafficking and sexual assault investigation. The raids come in the wake of multiple lawsuits filed against Combs, accusing him of sexual misconduct and assault as well as other alleged offenses. […]