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New York CNN  —  Krispy Kreme’s partnership with McDonald’s to sell its doughnuts at all of the burger chain’s US restaurants didn’t turn out as sweet as it thought. The doughnut chain announced in its earnings release Thursday that it is “reassessing the deployment” of the rollout, temporarily stopping at 2,400 locations. The deal was intended to expand the reach of Krispy Kreme, which has far fewer locations than McDonald’s and relies on grocery and convenience stores for most of its sales. The stock slumped 25% after the opening bell on Thursday. Last year, Krispy Kreme and McDonald’s announced the…

Jonathan McKernan testifies during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 27, 2025.Annabelle Gordon | ReutersPresident Donald Trump plans to nominate Jonathan McKernan to be undersecretary of domestic finance at the Treasury Department, months after the president tapped McKernan to lead the embattled Consumer Financial Protection Bureau, Treasury Secretary Scott Bessent announced Friday.A statement issued by the Treasury Department did not say that Trump has pulled McKernan’s CFPB nomination from Senate consideration.But it does note that McKernan “has been an advisor at the Treasury Department while awaiting Senate confirmation…

In what appears to be a major disinformation campaign, several major Indian media outlets are claiming to have damaged or destroyed the Port of Karachi and other Pakistani targets, airing video evidence that many have proven to be fabricated. Throughout Thursday night, a multitude of Indian news channels with broad local audiences, such as Aaj Tak, India Today, Zee News, and Business Today, among others, broadcast various videos of the supposed attack. The unverified footage spread quickly online soon after, with many citizens of India celebrating the reported attack.  Verified Drone Footage from Balochistan confirms large-scale devastation at #KarachiPort — a blow now officially acknowledged by…

Move over artificial intelligence. There’s a new hot topic on corporate earnings calls in 2025: tariffs. The word “tariffs” has come up on more than 350 earnings calls of S & P 500 -listed companies reporting first quarter results, according to a CNBC analysis of call transcripts compiled by AlphaSense. By contrast, the term “AI” has been mentioned on less than 200 calls in the same period. Mentions of tariffs have soared in recent weeks as President Donald Trump’s plan for steep levies announced last month has put both C-suites and Wall Street on high alert. That’s biting into time…

US President Donald Trump seems to think Israel could ruin his big trip to the Middle East, and it’s causing trouble. Trump appears to want the Middle East to have a respite from war and mass starvation during his trip to the oil-rich Gulf starting on Tuesday. He is signalling that he can leave Israel in the dust if it doesn’t go along for the ride. “Rift is too strong of a word, but frustration is bubbling,” a senior western official in the region told Middle East Eye. Several sensitive dossiers are jostling together ahead of Trump’s visit that are…

U.S. President Donald Trump points as he attends the annual Friends of Ireland luncheon hosted by U.S. House of Representatives Speaker Mike Johnson (R-LA) at the U.S. Capitol in Washington, D.C., U.S., March 12, 2025. Evelyn Hockstein | ReutersAs Republicans wrestle with funding their massive spending and tax package, President Donald Trump is eyeing a possible tax hike for the highest earners.The idea, which lacks Republican support, could return the top federal income tax rate to 2017 levels for some of the wealthiest Americans.  In a phone call Thursday, NBC reported, Trump pressed House Speaker Mike Johnson, R-La., to raise the…

Mayor Ras Baraka of Newark speaks to the press near ICE agents at a demonstration outside an immigrant detention centre in Elizabeth, New Jersey May 7, 2025. Timothy A. Clary | AFP | Getty ImagesNewark Mayor Ras Baraka was arrested Friday by federal authorities for allegedly trespassing at a U.S. Immigration and Customs Enforcement detention center in his city.Baraka was led away in handcuffs some time after demanding to be let through a security gate at the Delaney Hall ICE facility, where a group of protesters and several members of the state’s congressional caucus were gathered.The Democrat’s administration had filed…

Liz Reid, vice president, search, Google speaks during an event in New Delhi on December 19, 2022.Sajjad Hussain | AFP | Getty ImagesTestimony in Google’s antitrust search remedies trial that wrapped hearings Friday shows how the company is calculating possible changes proposed by the Department of Justice.Google head of search Liz Reid testified in court Tuesday that the company would need to divert between 1,000 and 2,000 employees, roughly 20% of Google’s search organization, to carry out some of the proposed remedies, a source with knowledge of the proceedings confirmed.The testimony comes during the final days of the remedies trial,…

Editor’s Note: Call to Earth is a CNN editorial series committed to reporting on the environmental challenges facing our planet, together with the solutions. Rolex’s Perpetual Planet Initiative has partnered with CNN to drive awareness and education around key sustainability issues and to inspire positive action. London CNN  —  For the first time in history, the majority of humans live in cities — spaces often defined by concrete, glass and a disconnect from the natural world. Access to nature is no longer guaranteed. London-based environmental activist Ellen Miles, 31, is trying to change that. “Before we urbanized the world, everyone…

CNN  —  Arriving in the Kingdom of Bhutan, nestled deep in the Himalayas between Tibet and India, Linda Leaming was blown away by its beauty. The year was 1994, she was 39 and had taken time out of her busy career as a freelance writer in Nashville to go traveling. She was curious about the tiny Buddhist country that at the time was still a new and untapped tourism destination and to this day thrives with little outside influence. As Linda flew into the remote valley town of Paro, famed for the golden-roofed Tiger’s Nest monastery perched high up on…