Daniel Brooks

211 Articles

El Salvador Strikes $1.4bn Loan Deal with IMF After Scaling Back Bitcoin Policies

Following a decision to curtail its dubious cryptocurrency practices, El Salvador has obtained a $1.4 billion (£1.1 billion)…

US Stocks Fall After Federal Reserve Cuts Rates for the Third Time, Signals Slower Pace Ahead

After the Federal Reserve dropped its third straight interest rate, US stock prices fell significantly; nonetheless, its economic…

Starbucks Baristas Set to Strike Over Pay and Working Conditions

A union representing over 11,000 Starbucks baristas across the United States has announced plans for a five-day strike…

Honda and Nissan in Talks Over Potential Merger Amid EV Market Challenges

Two of Japan's most prominent manufacturers, Honda and Nissan, are in exploratory talks on a possible merger. Particularly…

Bitcoin Hits Record High of Over $106,000 Amid Trump-Driven Crypto Optimism

Bitcoin has soared to a new all-time high, briefly surpassing $106,000 (£83,890) during Asian trading on Monday. The…

Coffee Prices Hit Record High Amid Global Supply Concerns

Coffee prices have surged to historic highs, with Arabica beans reaching $3.44 per pound on international markets on…

Mondelez Eyes Hershey Buyout in Potential $50 Billion Snack Food Merger

Following news that Mondelez International, the owner of UK-based Cadbury, had approached the firm about a possible purchase,…

UnitedHealthcare CEO Murder Suspect Arrested in Pennsylvania”

Following UnitedHealthcare CEO Brian Thompson's tragic shooting in New York City, a 26-year-old man has been charged with…

Canada and Mexico Clash Amid Trump’s Tariff Threat

With Canada seeming to separate itself from Mexico in response to President-elect Donald Trump's warning of a 25%…

US Judge Rejects Boeing Plea Deal Over Fatal Plane Crashes

A U.S. judge has turned down a suggested plea agreement between Boeing and the Department of Justice (DOJ),…

Tesla’s $56bn Pay Award for Elon Musk Rejected by Delaware Judge

Though directors and shareholders consented earlier this year, a Delaware judge has decided against restoring Tesla CEO Elon…

Trump Nominates Warren Stephens as Ambassador to the UK

President-elect Donald Trump has chosen billionaire and Stephens Inc.'s CEO, Warren Stephens, based in Arkansas, to be the…

Jaguar Unveils Bold Electric Concept Car Amid Mixed Reactions

Officially presenting its ground-breaking electric concept car, the Type 00 luxury carmaker Jaguar marks the beginning of a…

Uber Faces FTC Investigation Over Subscription Service Cancellation Policies

Uber, the ride-hailing giant, is under investigation by the US Federal Trade Commission (FTC) over concerns regarding its…

Uniqlo’s CEO Addresses Xinjiang Cotton Controversy Amid Expanding Global Reach

Tadashi Yanai, the CEO of Fast Retailing, the parent company behind the global fashion brand Uniqlo, has confirmed…