Cava on Thursday reported better-than-expected sales in its latest fiscal quarter, shaking off the malaise the broader restaurant industry has felt as consumers have cut back on dining. The Mediterranean chain said its same-store sales grew 10.8% in the three months that ended April 20, lifted by traffic growth of 7.5%. Analysts…
Nvidia said it won’t be sending graphics processing unit plans to China following a report that the artificial intelligence chipmaker is working on a research and development center in Shanghai in light of recent U.S. export curbs. “We are not sending any GPU designs to China to be modified to comply with export…
Here’s a quick recap of the crypto landscape for Friday (May 16) as of 4:00 p.m. UTC. Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news. Bitcoin and Ethereum price update Bitcoin (BTC) was priced at US$104,223 as markets closed, up…
The Justice Department isn’t planning to prosecute Boeing in a case tied to two crashes of the aerospace giant’s 737 Max, a person familiar with the matter said, a tentative agreement that would allow the plane-maker to avoid a guilty plea. Boeing agreed to plead guilty in the case last summer in a deal with…
In the end, it is the Kremlin’s plan playing out, and there appears to be little the White House will do about it. Ukrainian President Volodymyr Zelensky’s decision to send defense minister Rustam Umerov to meet with a low-level Russian delegation in Istanbul was a difficult choice forced by necessity.…
A controversial new American-backed organization, the Gaza Humanitarian Foundation (GHF), has announced it will begin delivering aid to the besieged territory within two weeks and says it has Israel’s approval. The move would provide some relief for Gazans facing acute hunger from 19 months of war and a two-and-half month…
US President Donald Trump said on Thursday that Washington is “very close” to reaching a nuclear deal with Iran after Tehran “sort of” agreed to its terms. “Iran has sort of agreed to the terms: They’re not going to make, I call it, in a friendly way, nuclear dust. We’re…
An American basketball player for the Indonesian league was arrested for allegedly attempting to smuggle illegal drugs to the country, police said Thursday. The Southeast Asian country has extremely strict drug laws, and convicted smugglers are sometimes executed by firing squad. Jarred Dwayne Shaw, 34, from Dallas, Texas, was arrested…
A Thai court has issued arrest warrants for 17 people including a high-profile construction tycoon, police said on Thursday, over their alleged involvement in the building of a skyscraper that collapsed and killed scores of workers during a powerful March earthquake. Search teams recovered 89 bodies in a six-week operation…
The United States and United Arab Emirates will partner to build a massive data center complex in Abu Dhabi to advance artificial intelligence capabilities with 5-gigawatts of capacity — enough to power a major city. The agreement, announced Thursday during US President Donald Trump’s visit to the UAE, will mark…