Massive Blast Rocks Italian Munitions Plant At Heart Of Europe's Ammo Supply Chain

Domino's US Sale Growth Hits Five-Quarter Low As Budget Diners Pull Back Domino's Pizza posted its softest US comparable-sales growth in five quarters as inflation and the national average price for regular gasoline above $4 a gallon pressured working-poor consumers. Second-quarter same-store sales rose a measly .1%, in line with estimates but trailing the growth expected across much of the quick-service restaurant industry (QSR). Snapshot of 2Q earnings results (courtesy of Bloomberg): Total domestic stores comp sales growth +0.1%, estimate +0.11% (Bloomberg Consensus) Domestic franchise comparable sales growth 0%, estimate +0.07% Domestic co-owned comparable sales...

Israel is preparing for the war with Iran to drag into April. Tel Aviv assesses that the government in Tehran will likely remain in place after the conflict.  Israeli officials told Ynet that preparations were underway in Tel Aviv for the war against Iran to last another month. Tehran has said it is prepared to […]

Forget Beef. This Protein Is Way Cheaper Building on Bank of America's latest note, which cited Oklahoma State University agricultural economist Derrell Peel's warning that the US cattle cycle is unlikely to improve anytime soon, beef prices are poised to remain elevated through at least next year. But two competitively priced proteins that consumers can switch to today remain largely overlooked. That overlooked protein is ground pork, with an average of $4.81 a pound in mid-June, compared with $7.95 for ground beef, while pork chops cost roughly one-third as much...