Summary: Takahide Kobayashi, a person with low alcohol tolerance, found fascination with craft cola during his travels and decided to establish his own company, Iyoshi Cola, incorporating unique ingredients and processing methods inspired by his grandfather's traditional Chinese medicine background.
Full articleSummary: China's Ministry of Commerce announced sanctions against Boeing and two other defense companies for arms sales to Taiwan. This move is in response to Taiwan's presidential inauguration and is part of Beijing's ongoing sanctions against defense companies dealing with Taiwan.
Full articleSummary: Bank of America upgraded shares of Sonic Automotive from an underperform rating to a buy rating with a revised price target of $68.00. Sonic Automotive's stock price increased by 9.9% and the company reported earnings that exceeded analysts' expectations.
Full articleSummary: Wall Street analysts from major banks have reiterated, upgraded, or downgraded ratings on various stocks following quarterly earnings reports, providing insights on companies such as Alphabet, Snap, Microsoft, Intel, Hims & Hers, Apple, Enphase Energy, Western Digital, Sonic Automotive, Hertz, Nvidia, Caterpillar, Kratos, Knight-Swift Transportation, Mobileye, EPAM Systems, Compass Materials, Citizens Financial, Visteon, Dow, and Teledyne.
Full articleSummary: Google LLC has been obligated by the Fair Trade Commission to abide by a corrective action plan over suspicions of unfairly restricting a Japanese rival's search advertising business. The plan includes not restricting provision of technology to Yahoo for three years unless authorized by the FTC.
Full article