
McDonald's lifts profit, reshuffles U.S. leadership
McDonald's posts a strong second-quarter profit and installs a new U.S. operations chief while American customers pull back. Here is what changes and why it matters.

Dubai 27-year-old mogul runs empire from $250m superyacht
Forbes details how 27-year-old Dubai mogul Abbas Sajwani uses his $250 million, 348-foot superyacht as both an ultra-luxury toy and a floating office, raising fresh questions about wealth and power at sea.

Ford touts quality gains as it aims for defect‑free launches
Ford CEO Jim Farley says the automaker has reached a quality milestone and is targeting flawless new vehicle launches after recalls hurt earnings and reputation. Learn what is at stake and what to watch next.

Kohl’s fights to regain relevance after stock slide
Kohl’s, long a suburban retail staple, has seen its stock plunge as it lost relevance. Now the chain is scrambling to reset its strategy and win back shoppers.

Factors complicating the equation: why California’s IPO tax boom may fizzle
Factors complicating the equation centers on how SpaceX, OpenAI and Anthropic IPOs could boost California’s tax haul, yet CNBC says experts warn the windfall may be muted. Learn what is at stake and what to watch next.