Finance Minister: Israel Has No Interest in Joining US War Against Iran

Three Factors Leave Salty-Snack Demand Stale UBS analyst Peter Grom, who covers U.S. consumer staples including packaged food, beverages, and household products, served up a sour outlook for the salty-snack category, warning that the recovery investors had hoped for remains further out than expected. "Despite recent optimism around a potential recovery in salty snacks, our analysis would suggest the category remains challenged. While tracked channel growth has turned positive relative to prior periods, we have observed momentum beginning to moderate with L13W $ takeaway growth decelerating to +1.2% vs. the +3.4%...

Bringing Sexy Back: Victoria's Secret Shoots Higher After Abandoning Woke Ideology Shares of Victoria's Secret surged a mind-boggling 40% in the U.S. morning cash session after the bras-and-lingerie retailer delivered a stronger-than-expected first quarter, boosted its outlook, and showed signs of a turnaround plan in motion. Net sales rose 15% to $1.56 billion in the first quarter, beating guidance, while comparable sales increased 13%, signaling that CEO Hillary Super's turnaround plan is gaining traction as product innovation, stronger regular-price selling, and renewed brand momentum drive shoppers back into stores and online.  Management...

A US Coast Guard cutter joined Philippine warships in a patrol near a disputed shoal in the South China Sea last week as Washington continued backing Manila in its maritime dispute with Beijing. According to a report from USNI News, the exercise, conducted from May 26 to May 30, marked the first time the US […]