Wendy’s Co. named a longtime PepsiCo executive as its new CEO on Thursday.The Dublin, Ohio-based burger chain said Kirk Tanner will become president and CEO on Feb. 5. Tanner, who joined PepsiCo in 1992, most recently served as its CEO of North American beverages.Tanner succeeds Todd Penegor, who has served as Wendy’s president and CEO since 2016.

Bond traders are growing convinced that US Treasury yields are on the brink of returning to the way they’ve traded for most of their existence — it’s the how, why and when of the normalization that keeps financial markets bouncing around. The shift many investors bet is now underway would see the interest rate on 10-year Treasuries rise above those on US two-year notes.

The New York state's utilities regulator on Thursday approved Con Edison's $1.2 billion reliable clean city project in Queens. The Idlewild project is key to the state's efforts in reducing greenhouse gas emissions to 85% of 1990 levels by 2050, the New York State Public Service Commission (PSC) said in a statement.

Geojit's report on Agri Picks India's oilmeal exports in December rose 23% on year to 532,729 tn, according to data released by The Solvent Extractors' Association of India today. The rise in exports was primarily due to higher global demand for Indian soymeal and shortages in supply from Argentina. Exports of soymeal in December rose to 273,394 tn from 121,138 tn a year ago.

Amazon Web Services (AWS) said on Friday it plans to invest 2.26 trillion yen ($15.24 billion) in Japan by 2027 to expand its cloud computing infrastructure.The Amazon.com unit is spending to expand facilities in the metropolises of Tokyo and Osaka to meet growing customer demand, it said in a statement.

Shares of Dixon Technologies Limited could trade in red on January 19 after the company said that the Directorate of Revenue Intelligence (D.R.I) conducted a search at the manufacturing facility of one of its subsidiaries in Noida on Wednesday, January 17. The search is related to the classification of imported raw materials used in the manufacturing of a specific product at the facility.

General Motors' Cadillac is ramping up production of its Lyriq compact, electric sport utility vehicle now that more batteries are available and demand for luxury EVs remain strong despite a slowdown for other types of EVs, a senior executive said on Thursday.

Shares of Hertz Global (NASDAQ: HTZ) climbed as much as 10.9% early Thursday, then settled to close up 7.5% after the car rental company received a notable analyst upgrade.In a note to clients this morning, Morgan Stanley's Adam Jonas raised his rating on Hertz stock to overweight from equal weight and increased his per-share price target by $1 to $16 per share.

A healthcare stock that's been on quite a run so far this young year, Eli Lilly (NYSE: LLY) took a bit of a pause on Thursday. Its price sagged by nearly 1% on the day, in contrast to the S&P 500 index's gain of nearly that amount, on the back of a media report about the pricing practices of the company and several peers.

As the Federal Reserve seems like it may keep interest rates higher for longer, companies may feel added pressure to adjust pricing to keep up with consumer habits and continue growth. As a major beverage maker globally, Suntory (STBFY) is positioned to take advantage of its pricing power as it makes a wide array of products, spanning multiple demographics.

📊 Amid positive global cues, benchmark indices started on a positive note today. 📢 At 9:16 AM, the Sensex gained 580.46 points or 0.82% at 71,767.32. Nifty is higher by 164.75 points or 0.77% at 21,627.00. 📈 Tech Mahindra (⬆️2.39%), Indiamart Int. (⬆️2.35%) and Bharat Elec (⬆️2.15%) appeared as the top performers on the Nifty50 at the open.

Japan's Nikkei share average climbed more than 1% on Friday, lifted by chip-industry stocks, with the benchmark index headed for a second straight weekly advance.The Nikkei was up 1.6% at 36,034.71, as of 0204 GMT, climbing 1.28% for the week. Earlier in the session, the index rose as high as 36,076.23, closing in on Wednesday's 34-year peak.

Spot Bitcoin ETF Issuers See Bright Future With the first wave of spot bitcoin ETFs on the market, issuers’ next round with regulators will involve strategies designed for the most aggressive traders. There have been at least a dozen filings with the Securities and Exchange Commission for ETFs that offer short and leveraged long exposure to spot bitcoin ETFs.

Asian shares bounced on Friday, buoyed by a rally in regional chipmakers, while the yen was set to end the week with heavy losses as investors pared back bets the Bank of Japan would soon abandon its uber-easy policies.Oil prices were on edge amid worries about increasing geopolitical risks in the Middle East.

Apple Inc., which is poised to launch its Vision Pro mixed-reality headset on Feb. 2, is already envisioning future workplace applications for the device, including using it for surgery, aircraft repair and teaching students.