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Carl’s Jr. Franchisee Closes 10 Restaurants, Sells 49 After Bankruptcy, June 13
Carl’s Jr. franchisee files Chapter 11 bankruptcy, plans to close 10 locations and sell 49 others in California amid rising labor costs.
Wind Farm Milestone: Giant Turbine Blades Reach Scotland Site, June 13
CWP Energy delivers two massive turbine blades to Sanquhar II wind farm in Scotland using dual blade lifter technology for the first time.
Dollar-Yen Hits 160.59 as BOJ Prepares 1% Rate Hike, June 13
Dollar-yen rises to 160.59 as BOJ prepares 1% rate hike while FOMC holds steady. Geopolitical easing supports yen. Watch central bank messaging.
Stadler Rail Unveils New SBB Freight Locomotive, June 13
Stadler Rail and SBB unveil EURO DuFour freight locomotive with 15% lower energy consumption and 20% less rail wear.
Social Security Trust Fund Depletes in 2032, States Grapple With Taxation
Social Security trust fund depletes in 2032. Eight states still tax benefits. Experts debate fixes as funding shortfall looms for future retirees.
ASX 200 Jumps 2% on Iran Peace Deal Hopes, June 13
ASX 200 rallies 2% to 8,804 on Iran peace deal hopes and falling RBA rate-hike odds. Materials and consumer stocks lead. RBA decision Tuesday.
India Caps Diesel Sales, Raises Excise Tax Relief on Petrol June 13
India caps diesel sales at 200 litres daily per outlet and exempts ethanol blends E22-E30 from excise duty to curb hoarding and promote clean fuel.
SpaceX IPO Soars 19% to $161 on Record $75B Debut, June 13
SpaceX stock SPCX jumps 19% to $161 in record IPO debut, raising $75B and valuing the company at $2.1 trillion.
Left MP Laughs During Bundestag Debate on Child Abuse, June 13
Left Party MP Katrin Fey faced criticism for laughing during Bundestag debate on child sexual abuse by migrant gangs in Nuremberg.