McDonald’s and Krispy Kreme have announced a new partnership that will see Krispy Kreme doughnuts being sold at McDonald’s restaurants nationwide by the end of 2026. The rollout is set to start in the second half of this year and will take approximately two and a half years for Krispy Kreme to double its distribution
Pacaso, a luxury vacation home co-ownership platform, is making a significant shift in its business model to make it more accessible to a wider range of consumers. Initially launched in 2020 with multimillion-dollar homes listed for co-ownership, the company is now introducing thousands of new listings with share prices starting as low as $200,000. This
As the burden of student loan debt continues to affect millions of Americans, particularly older adults, concerns are growing over the potential reduction in Social Security benefits for those in default. Democratic lawmakers, Sen. Elizabeth Warren and Sen. Ron Wyden, have raised alarm bells over the financial repercussions faced by elderly individuals who rely on
Winning the Mega Millions jackpot can be a life-changing event, but it comes with its own set of costly pitfalls. One major consideration for the next big winner is the tax implications of the prize money. According to experts, most winners don’t think about taxes until they realize that a third of their winnings are
Boeing is currently undergoing a major management shake-up, with CEO Dave Calhoun set to step down at the end of 2024. This decision comes amidst growing pressure from airlines and regulators for significant changes within the aerospace company due to various quality and manufacturing issues plaguing Boeing planes. Calhoun’s departure is accompanied by the resignation
In the ongoing proxy battle between Trian Fund Management and the Walt Disney Company, Nelson Peltz’s firm has decided to withhold its votes from Disney CEO Bob Iger. This move, although expected given the intense nature of the battle, contradicts Trian’s own proxy recommendations. Despite Peltz’s public statements about wanting to collaborate with management if
The Nigerian government has recently taken action against Binance, a global cryptocurrency exchange, by filing new tax evasion charges at the Federal High Court in Abuja. The charges include alleged non-payment of Value-Added Tax (VAT), company income tax, failure to submit tax returns, and complicity in aiding customers to evade taxes through its platform. This
Recent data suggests that the rate at which home prices are increasing is beginning to slow down. In the United States, home prices only saw a 0.6% increase from the previous month in February. This growth aligns with the average monthly gain of 0.6% that was observed for approximately eight years leading up to the
China is currently at a critical juncture, with the International Monetary Fund emphasizing the need for the country to choose between sticking to old economic policies or embracing reforms to boost growth. The IMF’s Managing Director, Kristalina Georgieva, believes that China has the potential to significantly accelerate its economic growth by implementing a comprehensive package
The Asia-Pacific region experienced a significant decline in private equity deals last year, with the total value falling to its lowest point since 2014. This drop was attributed to various factors such as slowing growth, high interest rates, and volatile public markets. Fundraising also reached a 10-year low, indicating a lack of investor confidence in
