Vietnam marked the 50th anniversary of the end of what it calls the American War on Wednesday with a boisterous parade in Ho Chi Minh City featuring soldiers, dancers and speeches celebrating what the country’s communist leader called “a triumph of justice.”The event brought tens if not hundreds of thousands, according to state media, including many who camped out overnight for the morning’s festivities.“The atmosphere was very special,” said Nguyen Thi Song Anh, 18, who joined some 12th-grade classmates on a crowded sidewalk near the Opera House. “It was important for me to feel part of this country — and…
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As Starbucks on Tuesday posted fiscal second-quarter earnings that missed the bar , most analysts cut price targets but maintained a generally bullish stance on the coffeemaker. CEO Brian Niccol tried to raise investors’ hopes by pointing out that the Starbucks turnaround strategy — which includes investing more in labor and scaling back automation plans — is already showing success. In its last quarter, the company earned an adjusted 41 cents per share on $8.76 billion in revenue. That was lower than the 49 cents per share and revenue of $8.82 billion that analysts polled by LSEG had penciled in.…
Hannah Dugan speaks during a forum at the Milwaukee Bar Association in Milwaukee, Wisconsin, while seeking election to Milwaukee County Circuit Court, March 15, 2016.Mike De Sisti | Via ReutersThe Wisconsin judge accused of obstructing federal authorities who were seeking to detain an undocumented immigrant for deportation was temporarily relieved of her duties Tuesday, an order from the state’s high court shows.The Wisconsin Supreme Court’s order bars Milwaukee County Circuit Court Judge Hannah Dugan from her position while the federal charges are adjudicated.The court, which said it was acting on its own and not in response to a request from anyone, said the order…
Microsoft President Brad Smith speaks during signing ceremony of cooperation agreement between the Polish Ministry of Defence and Microsoft, in Warsaw, Poland, February 17, 2025.Kacper Pempel | ReutersMicrosoft President Brad Smith says the U.S. tech giant is committed to respecting European laws — even though it may not always agree with them.”Like every citizen and company, we don’t always agree with every policy of every government. But even when we’ve lost cases in European courts, Microsoft has long respected and complied with European laws,” Smith said in a blog post Wednesday.Smith’s comments are part of a charm offensive Microsoft is…
Homeowners insurance rates have risen dramatically, from an average of $2,656 annually in 2021 to $3,303 in 2024.That’s a 24% increase, more than twice as fast as the rate of inflation in the same timeframe. But the increase hasn’t been uniform: According to a new report from the Consumer Federation of America (CFA), some states have been hit harder than others.Protect your property and possessions from fire, theft, and other unexpected perils.Offers in this section are from affiliate partners and selected based on a combination of engagement, product relevance, compensation, and consistent availability.Amica offers two tiers of homeowners insurance coverage — a…
Federal SPD Chairman Lars Klingbeil speaks in Trier.Photo by Harald Tittel/picture alliance via Getty ImagesThe Social Democratic Party’s Lars Klingbeil has been tapped to become Germany’s next finance minister in the incoming centrist coalition government, replacing Joerg Kukies, the party announced.Klingbeil has also been selected to assume the vice chancellor position.”The committee today firstly tasked Lars Klingbeil with taking on the vice-chancellorship and to enter the new government as federal finance minister,” Matthias Miersch, the SPD’s general secretary, said during a press conference on Wednesday, according to a CNBC translation.Klingbeil would also be in charge of setting up the SPD’s…
Freight containers are stacked in the east of the banking city on the site of the DB transshipment station. The skyscrapers of the banking skyline rise up behind them. US President Trump’s aggressive US customs policy can also be seen as a trade war against the rest of the world.Photo by Arne Dedert/picture alliance via Getty ImagesThe euro zone economy grew by a stronger-than-expected 0.4% in the first quarter, flash data from statistics agency Eurostat showed Wednesday, as global tariff tensions are casting uncertainty upon the bloc’s growth prospects.Economists polled by Reuters had forecast a 0.2% expansion in the first…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailGrab’s CFO Peter Oey discusses why Indonesia remains a strategic priority for the business, emphasising a stronger focus on affordability and driver recruitment. Source link
Spain’s top security and defense officials were meeting on Wednesday morning to discuss the blackout on the Iberian Peninsula this week, which halted critical infrastructure for up to 18 hours in some areas.The authorities in Spain and Portugal are under pressure to figure out what caused the power grid to shut down. The Spanish government has asked European regulators and various domestic agencies to investigate what happened.Spain’s National Security Council convened in Madrid at 9 a.m. local time to discuss the blackout. Prime Minister Pedro Sánchez, the chief of his Defense Staff and the directors of the country’s National Intelligence…
Visitors attend a major auto show in Shanghai on April 25, 2025.Hector Retamal | Afp | Getty ImagesThis report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. Each week, we’ll explore the biggest business stories in China, give a lowdown on market moves and help you set up for the week ahead. Like what you see? You can subscribe here.The big storyChina’s tech world isn’t getting distracted by whether the U.S. and China will talk on trade.From new artificial intelligence models to the world’s largest auto show,…
