Subway is planning to add thousands of new sandwich shops in China, increasing its footprint in the country by more than seven times. The world’s biggest sandwich chain announced Tuesday that it would open almost 4,000 new stores across mainland China over the next 20 years. The deal “is the…

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The Russian Prosecutor-General is set to let investigators confiscate crypto and liquidate criminals’ tokens, with the Treasury hoping to benefit.But legal experts say the plan could hit a roadblock when prosecutors try to liquidate coins.The media outlet Vedemosti first reported on the Prosecutor-General’s proposals back in April.Madina Dolgieva, the judiciary…

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Investment Thesis I wanted to take a look at Disney’s (NYSE:DIS) current situation and why it has not gone anywhere for quite a while now and may continue its downward spiral further. The company’s financials have deteriorated dramatically over the last 5 years, which explains the drop in share price,…

New York City is suing Hyundai Motor and its affiliate Kia for negligence and creating a public nuisance over complaints about a “virtual explosion” of stolen cars blamed on a lack of anti-theft devices.The New York lawsuit comes after several other major US cities sued the South Korean carmakers on…

The PGA Tour once advertised its brightest stars with the catch phrase “These guys are good.” A better slogan might now be “These guys are even richer.” In a bombshell announcement so staggering that many golf fans thought it was fake at first, the venerable PGA Tour unveiled a partnership…

The U.S. Securities and Exchange Commission on Tuesday asked a judge to grant a temporary restraining order to freeze assets tied to Binance.US. The agency on Monday charged Binance Holdings Inc. and its founder Changpeng Zhao with 13 securities law violations. The suit alleged that Binance created U.S.-only trading arms,…

Snap Inc. SNAP, has hired Eric Young, a veteran of Alphabet Inc.’s GOOG, +1.01% GOOGL, +1.03% Google, to serve as its senior vice president of engineering. Young will make a $1 million annual salary and get a $500,000 signing bonus, according to a filing with the Securities and Exchange Commission…

The debt-ceiling deal struck by President Joe Biden and House Speaker Kevin McCarthy over the weekend contains many compromises for both Republicans and Democrats. Those include changes to the federal government’s Supplemental Nutrition Assistance Program, also known as the food-stamp program. “The agreement prevents the worst possible crisis, a default,…