South African fans of U.S.-branded hot, glazed doughnuts with a gulp of coffee are about to see one well-known choice disappear. The company that owns Dunkin’ Brands Group Inc.’s local Dunkin’ Donuts chain has applied for voluntary liquidation of the unit. South African leisure company Grand Parade Investments Ltd., which ran the stores as a…
Credit Suisse analyst Andrew Garthwaite says signs of Chinese economic growth could be a fake-out. While he's seen big rallies in areas like emerging-market indexes and mining companies, he argues that the Chinese government hasn't yet added enough stimulus to the economy to loosen credit conditions. And without lax lending standards, he says industrial production…
A HUGE CAR bomb struck a convoy of paramilitary police in Indian-administered Kashmir on February 14th, killing at least 40 paramilitary police. The suicide attack, claimed by a Pakistan-based Islamist terror group, was the deadliest single blow to Indian security forces since the start of unrest in Kashmir 30 years ago. Amid public outrage in…
WASHINGTON — President Trump declared a national emergency at the border on Friday to access billions of dollars to build a border wall that Congress refused to give him, transforming a highly charged policy dispute into a fundamental confrontation over separation of powers. In a televised announcement in the Rose Garden, Mr. Trump said he…
Lin Manuel Miranda’s reprisal in the title role of Hamilton last month help raise more than $14 million for the arts on the island. The Tony Award-winner partnered with the Flamboyan Foundation to create The Flamboyan Arts Fund, a fund to help support institutions, arts groups, and independent artists on the island, particularly helping those…
Amazon just folded like a house of cheap cards, in a development that should alarm its fellow tech giants. Thanks to the company's decision to abandon its plans to build a new campus in New York, activists now have a model for defeating Amazon and its peers. Politicians who have been all-too-eager in the past…
THE NOTION that Pedro Sánchez could govern his country for long without calling a general election always seemed unlikely. He came to office as prime minister unexpectedly last June following a censure motion against his conservative predecessor, Mariano Rajoy. But his socialist party has only 84, or 24%, of the 350 seats in Congress. The…
The Homeland Security section of the measure allows for 55 miles of new steel-post fencing, but prohibits construction in certain areas along the Rio Grande Valley. More than $560 million is allocated for drug inspection at ports of entry, as well as money for 600 more Customs and Border Protection officers and 75 immigration officers.…
As a Valentine’s Day present to pet-loving Tesla owners, the electric car company rolled out its highly anticipated “Dog Mode” Thursday. Although CEO Elon Musk first mentioned the feature in October, and teased its imminent arrival earlier this week, little was known about the mode apart from the fact that it would help prevent dogs…
In his State of the Union speech this month, US President Donald Trump cited low unemployment and positive growth in manufacturing jobs as evidence of an "economic miracle" underway in America. But the Federal Reserve, which is pausing its plan to raise interest rates for now, is most likely using other yardsticks to gauge US…
