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Sheriff Dismisses New Ransom Note as Fake Amid Five Months Without Concrete Answers

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Zayed International Airport Abu Dhabi International Airport

The Pima County sheriff leading the investigation into the disappearance of Nancy Guthrie pushed back firmly this week against the latest in a string of anonymous letters claiming knowledge of the 84-year-old’s fate, dismissing the most recent communication as likely another fraudulent ransom note nearly five months into the case.

Sheriff Chris Nanos addressed the development during an appearance on KVOI AM 1030’s Buckmaster Show on Friday, June 26. “I think the FBI has done a number of arrests for false or fake ransom notes,” Nanos said. “It’s a shame that that happens, but I think we’re looking at another one of those today with what’s been reported, but we’ll let the FBI do their work.”

The note that prompted the response

The comments came after TMZ reported receiving a new letter from a person it had previously been in contact with, who claimed to know the identities of two people responsible for Guthrie’s kidnapping and said he possessed video footage of the “main guy” together with Guthrie on what he described as “the day that was probably her last.” According to TMZ, the sender wrote, “I have a phone stashed in a secure location guaranteeing both the information it stores and the safety of the phone,” and offered to provide the device’s password in exchange for one Bitcoin.

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Nanos made clear that the FBI, not his department, holds primary responsibility for vetting such claims. “Those two… that someone believes may or may not have some legitimacy to them, and the FBI is working that,” he said. “I can’t tell you much more on that, because it would be inappropriate. It is ongoing.”

The sheriff also addressed the broader phenomenon of false claims surfacing in high-profile cases. “It is a shame that these type of events occur, people have great interest… that’s good because it helps us, but then it gets really gets abused,” Nanos said. He added that some individuals chasing attention around the case have caused real disruption to Guthrie’s neighborhood, separately criticizing content creators who were arrested near her Tucson-area home for the way they “get out and disturb… an entire neighborhood.”

Two competing notes and a media dispute

The TMZ letter is only the latest entry in a confusing trail of correspondence that has surrounded the case for months. According to multiple outlets, a first ransom note was sent February 2 to local Tucson television stations and TMZ, demanding millions of dollars in Bitcoin in exchange for Guthrie’s safe return, and reportedly included specific details about her home, including a broken light on the back porch and a white-banded Apple Watch found on her bedroom floor. A second note, sent to Tucson CBS affiliate KOLD, has been reported by NBC News and other outlets as stating that Guthrie died after her abduction.

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That second claim has not gone unchallenged. TMZ founder Harvey Levin disputed the characterization in a video posted to YouTube, saying directly that the version of events describing an apology to the Guthrie family and confirmation of Nancy’s death “was not in the ransom note that we received.” The discrepancy has left competing, unverified accounts of what the notes actually say circulating across different news outlets.

Savannah Guthrie’s emotional plea

The renewed wave of speculation prompted an on-air response from Guthrie’s daughter, “Today” co-anchor Savannah Guthrie, who addressed colleagues and viewers directly after the death-related note first circulated. “I love you guys, and I love this place and this is unusual and unprecedented,” she told her co-hosts. “I don’t have any comment on this story and I’m not involved in our coverage, but I can’t pretend I’m not here and so since I am, I wanted to just take that opportunity to ask people to come forward.”

She continued with a broader appeal to anyone who might have information. “Someone knows something. And this story today is a news story on your radar but this is the life my sister lives, that I live, that my brother lives, that our extended families live, that our children live, every day,” Guthrie said. “And we are in agony. We cannot be in peace, however much I try to come out here every day, and I will find that joy, I promise I will. But we need your help. We are begging for your help and I’m not going to miss that opportunity. If you are watching, the reward is there, you can tell us. It can be anonymous. Please do the right thing for us, for our children. We love our mom and we will never stop looking for her.”

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A “distraction” theory from a legal expert

Outside the official investigation, at least one legal analyst has floated a theory that the wave of anonymous claims may be intentionally designed to mislead investigators rather than provide genuine information. Prosecutor-turned-defense attorney RJ Dreiling told HELLO! that the pattern fits with the broader theory that someone familiar with the Guthrie family may be involved. “The lack of follow-through on any ransom demand makes it look like it was a distraction meant to throw off investigators,” Dreiling said, describing the person potentially responsible as “intelligent enough to completely hide their tracks, including DNA, fingerprints, and electronic data, but also deranged enough to kidnap this woman out of her home and hold her hostage.”

Scrutiny on the sheriff himself

Nanos has faced his own separate controversy while leading the investigation. The Pima County Board of Supervisors considered, but ultimately did not advance, a motion to remove him from office in May after the Arizona Republic reported discrepancies in his publicly listed work history, including a 1982 resignation he had described differently in sworn testimony. The board did vote to refer allegations of possible perjury to the Arizona attorney general. A spokesperson for the sheriff’s department has said the discrepancies “were administrative in nature” and “not intended to mislead or misrepresent Sheriff Nanos’ work history.” Nanos addressed the effort to remove him on the Buckmaster Show, saying, “It has always been my belief, the people who voted me in will also have this, the option to vote me out,” and said he did not believe his handling of the Guthrie case was a factor in the push against him.

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Where the case stands

Guthrie disappeared from her home in the Catalina Foothills near Tucson on the night of February 1, and investigators believe she was abducted. The FBI has released doorbell camera footage showing a masked, armed man near her home around the time she vanished, and officials have said drops of her blood were found on her front stoop. All members of Guthrie’s immediate family and their spouses have been formally cleared as suspects. Despite a reward that has grown to $1 million from the family, plus an additional FBI reward, no arrests have been announced in the case. The Sheriff’s Department has said the investigation remains “active and ongoing,” and that it “will continue to follow up on any credible information” as it nears the five-month mark with Nancy Guthrie’s whereabouts still unknown.

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Texas Instruments Shares Advance 1% as Chipmaker Benefits from Industrial and Automotive Demand

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Texas Instruments Stock Soars Nearly 19% on Q1 Earnings Beat,

NEW YORK — Shares of Texas Instruments Inc rose modestly Monday, reflecting steady investor interest in the analog and embedded processing chipmaker’s diversified business model and consistent cash generation amid broader semiconductor sector movements.

The stock gained about 1% to around $288.28 in afternoon trading, adding to recent performance as Texas Instruments continues benefiting from demand in industrial, automotive and personal electronics markets.

Texas Instruments specializes in analog chips and microcontrollers essential for a wide range of applications including power management, signal processing and embedded control. Its products are found in everything from industrial automation systems to automotive electronics and consumer devices.

The company has maintained a disciplined approach to capital allocation, returning substantial cash to shareholders through dividends and share repurchases while making targeted investments in manufacturing capacity.

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Texas Instruments operates highly efficient 300-millimeter wafer fabs that provide cost advantages in analog semiconductor production. Its long product life cycles and broad customer base contribute to stable revenue streams compared to more cyclical logic chip markets.

Recent quarterly results showed resilience despite softness in some end markets. Management highlighted strength in automotive and industrial segments while navigating inventory corrections in personal electronics.

The company’s automotive business benefits from increasing semiconductor content in vehicles, driven by electrification, advanced driver assistance systems and infotainment features. Texas Instruments supplies chips for power management, body electronics and radar applications.

Industrial demand remains a key growth driver as factories automate and adopt smart manufacturing technologies. Texas Instruments’ analog products play critical roles in motor control, sensing and power systems for industrial equipment.

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Monday’s share advance occurred without major company-specific news, suggesting continuation of positive sentiment from recent operational updates and broader technology sector stability. Texas Instruments shares have shown relative resilience within the semiconductor group.

Analysts maintain generally favorable views on Texas Instruments, citing its strong free cash flow, conservative balance sheet and diversified end-market exposure. Some highlight potential for margin stability as inventory situations normalize.

Texas Instruments’ manufacturing strategy emphasizes internal production for core analog technologies, providing control over quality and supply. The company has invested in expanding U.S. and international wafer fabrication capacity.

The chipmaker’s focus on long-lifecycle products reduces obsolescence risks and supports predictable revenue. Many Texas Instruments components remain in production for decades, serving both new designs and legacy systems.

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Monday’s trading reflected measured buying interest. The stock has navigated volatility while trending in line with broader market performance in recent sessions.

Texas Instruments maintains a strong balance sheet with low debt levels, enabling flexibility for investments, dividends and opportunistic share repurchases. Its capital return program appeals to income-focused investors.

The semiconductor industry faces cyclical pressures even as long-term demand for electronics grows. Texas Instruments’ analog focus provides some insulation from the more volatile logic and memory segments.

Automotive electrification represents a significant opportunity. Texas Instruments supplies solutions for battery management, power conversion and motor drives essential for electric vehicles.

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Industrial automation trends, including robotics and smart factories, drive demand for Texas Instruments’ sensing and control products. The company’s broad portfolio supports multiple industrial applications.

Personal electronics, while cyclical, contribute meaningfully to revenue. Texas Instruments provides components for smartphones, tablets and wearables, though this segment has faced inventory adjustments.

The company’s research and development efforts focus on advancing analog technologies and integration capabilities. Innovations in power efficiency and precision signal processing support customer needs across markets.

Texas Instruments operates with a decentralized structure that encourages business unit autonomy while maintaining company-wide financial discipline. This approach has contributed to consistent execution over decades.

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Monday’s gains add to Texas Instruments’ steady performance profile. The stock reflects confidence in its business model and ability to generate cash through economic cycles.

The chipmaker’s dividend yield and history of increases attract long-term investors seeking technology exposure with income characteristics. Texas Instruments has raised its dividend for multiple consecutive years.

As artificial intelligence and data center demand influence semiconductor markets, Texas Instruments benefits indirectly through power management solutions for servers and networking equipment.

The company’s global operations span manufacturing, sales and design centers. This footprint supports customer proximity and supply chain resilience.

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Texas Instruments continues evaluating strategic opportunities while maintaining focus on core analog and embedded strengths. Its conservative approach has served shareholders well through industry cycles.

Investor attention centers on inventory trends, customer demand signals and capital expenditure plans. Consistent execution supports Texas Instruments’ reputation for reliability.

The semiconductor industry’s long-term growth drivers include electrification, automation and connectivity. Texas Instruments’ portfolio aligns well with these secular trends.

Monday’s trading highlighted Texas Instruments’ relative stability within the chip sector. Its business model provides a defensive quality compared to more cyclical peers.

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Texas Instruments’ role in enabling modern electronics underscores its importance in the technology supply chain. Its analog expertise remains essential across diverse applications.

As markets assess technology investments, Texas Instruments offers exposure to steady demand drivers with strong cash flow characteristics. Its trajectory depends on continued execution in key end markets.

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Comcast Stock Soars Today as Company Announces Plan to Spin Off NBCUniversal and Sky Into New Independent Firm

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Booking Holdings Shares Rise 0.7% as Travel Platform Maintains Strong

Comcast shares jumped sharply Monday after the company announced plans to break itself in two, separating its media and entertainment businesses, including NBCUniversal and Sky, from its core broadband and wireless operations in a move that would unwind a corporate marriage forged 15 years ago.

Shares of the Philadelphia-based company were trading at $24.64 as of 12:43 p.m. EDT, up $1.47, or 6.32%, on the day. The gain marked a significant pullback from the stock’s initial reaction to the news, with shares surging more than 20% in heavy premarket trading immediately after the announcement, before paring those gains as the session progressed.

Under the plan announced Monday, Comcast will separate into two independent, publicly traded companies through a tax-free spinoff. The newly independent NBCUniversal will combine with Sky, the British broadcaster Comcast acquired in 2018, to form what the company described as a premier global media and entertainment business. That entity will include Universal’s theme parks division, the Universal Pictures film and television studio, the NBC and Telemundo broadcast networks, NBC News, the Peacock streaming service and the Bravo cable network. The remaining Comcast entity will retain the company’s connectivity-focused businesses, including Xfinity, Xfinity Wireless and Comcast Business, continuing to operate what the company has described as the largest converged broadband and entertainment network in the United States.

Comcast said it expects to complete the separation in approximately one year, contingent on customary conditions including final approval from Comcast’s board of directors, receipt of favorable tax opinions, regulatory approvals and the completion of financing arrangements for both resulting companies. NBCUniversal will carry the same dual-class share structure currently used by Comcast, and Comcast plans to retain an ownership stake of up to 19.9% in the new NBCUniversal for as long as a year following completion of the spinoff, with intentions to monetize that stake in a tax-efficient manner over time. Goldman Sachs and PJT Partners are serving as advisors on the transaction.

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Leadership for the two future companies has already been mapped out. Mike Cavanagh will lead the newly independent NBCUniversal, while Michael Angelakis, a former Comcast chief financial officer, will return to run the slimmed-down Comcast. Comcast Chairman and co-Chief Executive Brian Roberts is expected to remain actively involved in the leadership of both companies going forward, working alongside the chief executives of each. Speaking with investors Monday morning, Roberts framed the move as an evolution rather than a dismantling of what the company had built.

“This is not about separating what we built together,” Roberts told investors.

Roberts went on to describe the split as an effort to give each business greater focus and flexibility to pursue its own opportunities, rather than the start of a broader wave of dealmaking. He specifically pushed back on the notion that the separation was a precursor to additional strategic transactions for either company once the split is finalized, even as industry analysts have speculated about what doors the move could open. A formal statement released by Comcast laid out the broader strategic rationale behind the decision.

“Comcast’s board and management team believe each company will be better positioned to pursue its own strategic priorities, invest for growth, and create long-term shareholder value as independent entities,” the company said.

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Monday’s announcement follows an earlier restructuring move by Comcast, which spun off a collection of its cable television networks, including USA Network, Oxygen, E!, SYFY and Golf Channel, along with CNBC and MSNBC, into a separate company called Versant. That spinoff was first announced in November 2024 and formally completed at the start of this year, establishing a template of sorts for Monday’s far larger separation involving NBCUniversal itself.

Wall Street’s initial read on the move has been broadly favorable, though not without caveats. Adam Crisafulli, head of research firm Vital Knowledge, said in a note Monday that the rationale behind separating the businesses reflects long-standing investor concerns about Comcast’s traditional cable and broadband operations.

“Comcast shares have traded poorly due in large part to concerns about the secular outlook,” Crisafulli wrote.

Crisafulli added that the standalone NBCUniversal, with its theme parks, film and television studio assets, should have greater flexibility to participate in the wave of mergers and acquisitions currently reshaping the media industry, though he cautioned that concerns about the broadband business’s growth outlook are unlikely to disappear and could leave that remaining unit more exposed as a standalone company.

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The timing of Comcast’s announcement places it squarely within a broader period of upheaval across the media landscape. David Ellison’s Paramount Skydance, the owner of CBS, is currently working to close a roughly $110 billion deal to acquire rival studio Warner Bros., one of several major consolidation moves reshaping the industry in recent months. Against that backdrop, some analysts have already begun speculating about whether the newly independent NBCUniversal could eventually become an acquisition target itself, with names like Netflix and Apple floated as potential suitors interested in its studio and brand portfolio, even as Comcast executives have stressed that no such outcome is the intended goal of Monday’s announcement.

The proposed breakup will still require regulatory approval before moving forward, and Comcast has not yet provided detailed estimates of the expected market valuations for either resulting company, though analysts anticipated further clarity following a scheduled call with investors Monday morning. For now, the announcement represents a striking reversal of the strategic logic that drove Comcast’s original 2011 acquisition of a controlling stake in NBCUniversal, a deal once heralded as a model for combining content creation with distribution infrastructure under a single corporate roof, and one that Comcast is now moving to unwind in pursuit of what the company describes as greater focus and value for shareholders of both resulting businesses.

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Biotech Is The Rate Cut Trade In Disguise

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Biotech Is The Rate Cut Trade In Disguise

Using a pipette.

Guido Mieth/DigitalVision via Getty Images

A week ago, I wrote that leadership had left the mega-cap “generals” and split into two baskets: semiconductors (velocity) and regional banks (breadth). That’s still true. But the dashboard has been quietly flagging a third group climbing the leaderboard, and this week it’s undeniable: biotech

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Newsom’s office touts Anthropic ‘partnership,’ California 50% Claude discount

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Newsom's office touts Anthropic 'partnership,' California 50% Claude discount

California state agencies and local governments may access Anthropic’s Claude artificial intelligence platform at a 50% discount, Democratic Gov. Gavin Newsom’s office said on Monday.

“Through the agreement, state agencies may access Anthropic’s AI productivity assistant, Claude, at a 50% discounted price, coupled with free workforce training as well as expert GenAI technical assistance and workflow input from Anthropic developers. The agreement also provides the same discounted offer for California’s local governments, including cities and counties,” a press release announced.

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“Claude is the first AI productivity tool that will be available to all State agencies though the California Department of Technology’s new Statewide Information Technology Shared Services (SITeS) portal. The portal centralizes AI tools in one place with transparent pricing around key business use cases — such as improving operational efficiency, enhancing data security, and optimizing state worker experience,” the announcement continued. 

AI COULD UNLEASH ‘SINGLE GREATEST PRODUCTIVITY REVOLUTION’ IF WASHINGTON AVOIDS OVERREACH: REPORT

California Gov. Gavin Newsom

Gavin Newsom, Governor of the US state of California, takes part in the 62nd Munich Security Conference. (Marijan Murat/picture alliance via Getty Images / Getty Images)

Newsom, who has been in office since early 2019, is term limited from running again this year — he won re-election in 2022 after surviving a recall contest in 2021.

“This partnership is about using technology the California way: responsibly, transparently, and in service of people. AI should not replace the human work of government; it should help our workers move faster, solve problems more effectively, and deliver better results for Californians,” the governor said in a statement.

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“As a California company, we feel a real responsibility to our home state. We’re honored to expand our partnership with California’s agencies and to put Claude to work for the people who keep this state running,” Anthropic Head of Americas Kate Jensen said. “Building AI responsibly and in service of people has been our approach from the start, and that’s exactly what this partnership puts into practice.”

NOBEL ECONOMIST WARNS AI DOOMSDAY JOB FEARS COULD BECOME SELF-FULFILLING PROPHECY

Anthropic CEO Dario Amodei

CEO of Anthropic Dario Amodei attends a working lunch with G7 leaders, G7 outreach partners, and global tech CEOs on innovation and AI, during the G7 Summit on June 17, 2026, in Evian-les-Bains, France.  (Anna Moneymaker/Getty Images / Getty Images)

The governor’s office indicated that the state has already been utilizing Claude.

“California has already implemented some use of Claude in state government, including using the tool to facilitate Engaged California, a first-in-the-nation deliberative democracy platform announced by Governor Newsom last year, that helps provide Californians with a stronger voice in policymaking,” the office noted. “Claude was also used in the state’s development of Poppy – a simple AI tool designed by state workers for state workers through pre-built, easy-to-use queries tailored to common state business needs, facilitating more reliable, trustworthy outcomes.

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“As a California company, we feel a real responsibility to our home state. We’re honored to expand our partnership with California’s agencies and to put Claude to work for the people who keep this state running,” Anthropic Head of Americas Kate Jensen said in a statement. “Building AI responsibly and in service of people has been our approach from the start, and that’s exactly what this partnership puts into practice.”

TECH CEO PREDICTS AI GLASSES WILL TURN AMERICANS INTO ‘WALKING CAMERAS’ AS NEXT TECH ERA ARRIVES

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“CDT and CalOES are partnering to use Claude for cyber defense — Claude Security and Claude Code for scanning, triaging, and patching state code. Among the largest agencies, CA DMV is using Claude to improve customer service and lower wait times, and CA Dept of Healthcare Services, the largest Medicaid Agency in the country, is using Claude for internal workflows to better assist Medicaid recipients,” the press release said.

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Form 4 MACOM Technology Solutions Holdings Inc For: 29 June

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Form 4 MACOM Technology Solutions Holdings Inc For: 29 June

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Casey’s General Stores plans to add 400 locations in new three-year push

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Casey's General Stores plans to add 400 locations in new three-year push

Casey’s General Stores is betting bigger on stores, food and tech as it looks to extend its growth streak.

The Ankeny, Iowa-based company recently unveiled a new three-year plan centered on expanding its prepared food business, adding new stores and using technology to run more efficiently.

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Casey’s plans to add at least 400 stores over the next three years through acquisitions and new builds. The company operates more than 2,900 convenience stores and says it is the nation’s third-largest convenience store retailer and fifth-largest pizza chain.

“We made a commitment to grow our EBITDA by 8% to 10%, which is top-quintile growth for the S&P 500,” CEO Darren Rebelez told FOX Business. “We’ll do that through growing our prepared foods business, growing our store base and running our business more efficiently.”

BELOVED CONVENIENCE STORE FOOD HELPING COLLEGE FOOTBALL FANS TACKLE EARLY KICKOFFS

Second Casey's exterior shot

Casey’s General Stores is betting on more stores, more food and more technology as the convenience chain looks to keep its growth streak going. (Casey’s)

Rebelez said Casey’s is coming off “the best three-year cycle” in company history after beating its prior targets, adding more than 500 stores and joining the S&P 500. The company’s stock is up more than 53% year-over-year.

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Food remains a key part of Casey’s growth strategy. The company, long known for its pizza, is pushing deeper into made-to-order items such as wings and fries.

Rebelez said wings are now available in 850 stores, with bone-in and boneless options, five sauces, three dry rubs and ranch made from scratch daily.

“We’re famous for our pizza, we still have a long runway for growth there with innovation and new items that we’ve introduced more recently,” he said. “But now we have the wings platform.”

YUM BRANDS SELLS PIZZA HUT FOR $2.7B, SHARPENS FOCUS ON TACO BELL AND KFC

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Casey's CEO Darren Rebelez told FOX Business the plan is built around factors the company can control.

Casey’s CEO Darren Rebelez said Casey’s is coming off “the best three-year cycle” in company history after beating its prior targets, adding more than 500 stores and joining the S&P 500. (FOX Business / Fox News)

Casey’s sees its food business as competing more with restaurants than other convenience stores.

“We really don’t look at the convenience store industry as a competitor for our prepared foods. We’re really competing with the restaurant business,” Rebelez said.

In Des Moines, where wings have been available for more than a year, sales are up roughly 20% year over year, according to the company.

Casey’s is also looking to expand “Casey’s Country” by opening stores in current and new markets.

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“Our growth strategy is expanding Casey’s Country in a disciplined way,” Ena Williams, chief operations officer at Casey’s, said in a statement. “We’ve shown that we can grow through both new stores and acquisitions.”

PAPA JOHNS SHUTS DOWN DOZENS OF LOCATIONS ACROSS 17 STATES AS FAST-FOOD COMPETITION INTENSIFIES

Casey's breakfast pizza closeup

The company, long known for its pizza, is leaning further into made-to-order offerings, including wings and fries. (Casey’s / Fox News)

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The company is additionally investing in artificial intelligence, forecasting tools and digital platforms such as the Casey’s app and Casey’s Rewards to help improve efficiency and strengthen the guest experience.

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Rebelez said investors have responded to Casey’s consistency and its hybrid position between convenience retail and quick-service restaurants.

“We sell fuel, we sell grocery and general merchandise, and we have prepared food, so we can compete in either space.”

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Will Andy Burnham’s devolution plan raise economic growth?

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Andy Burnham holds his hands up in front of him as he delivers a speech

Some analysts have questioned whether those recent productivity figures are reliable, in part, because some of the high growth spots are in residential areas, and that they could be explained in part by errors in the data, external.

Nevertheless, many economists do think Greater Manchester has performed better than other UK city regions over the past 15 years – and they argue it’s justified to partially attribute this to the devolution of powers, particularly on transport, planning and housing.

Devolution has helped to deliver this record on housing because the Greater Manchester mayoralty is empowered to set the city-region’s housing strategy, direct housing investment funding and co-ordinate affordable housing programmes. Devolution has enabled the increase in investment because one of the devolved roles of the mayor of a city region is to encourage companies to invest in an area, particularly multinationals, to create jobs and drive local growth.

Some economists also point to the Bee Network of buses which brought the system under control of the mayoralty, and the encouragement of private sector investment in Manchester city centre.

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“There’s been a recognition [among the Greater Manchester leadership] that the future of Manchester is a big city that is offering lots of different opportunities, but particularly to higher value added activity,” says Andrew Carter of the Centre for Cities think tank.

“They’re prepared to do what is required – build the housing, support the expansion of the university, support research and development, try to introduce a transport system which really supports all of that kind of stuff. And as a result you become more attractive to investment, whether it’s foreign or domestic.”

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Bristol Waste’s new managing director pledges to deliver ‘reliable services’

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Rob Heath will start his role in September

Rob Heath, new managing director of Bristol Waste

Rob Heath, new managing director of Bristol Waste(Image: Bristol Waste)

Bristol Waste, the council-owned body responsible for street cleaning and recycling, has appointed a new managing director. Rob Heath, who will take up the role in September, has pledged to deliver “reliable services” across the city.

Mr Heath has nearly 40 years of experience in the waste management and environmental services sector. He started his career in the industry as a driver before moving on to site management roles and later executive positions with companies including Biffa and SUEZ.

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He is currently executive operations director for Cheltenham-based environmental services firm Ubico.

A spokesperson for Bristol Waste said Mr Heath “deeply understands” the organisation and “the vital daily work” its staff perform across Bristol.

“Having worked across all levels of environmental services, from driving — almost 40 years ago — to directing operations, I know how vital our frontline work is to local communities,” said Mr Heath.

“I look forward to working closely with Bristol City Council, building on Bristol’s innovative and dedicated attitude towards sustainability, and ensuring we continue to deliver reliable services that residents can be proud of.”

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Andrew Pollard, chair of Bristol Waste Company, said he was “delighted” to have attracted someone of Mr Heath’s “calibre” to lead the business.

“Rob brings considerable experience in the waste management and recycling sector, particularly in Teckal trading businesses like ours, and a strong track record of leadership in operational services,” he said.

“The team and I very much look forward to working with him as we continue to strengthen Bristol Waste Company’s profile and reputation and deliver for the city in the years ahead.”

Councillor Tony Dyer, leader of Bristol City Council, added: “Our city’s residents value clean streets and neighbourhoods and we are committed to investing in measures that will help to reduce litter and fly-tipping, improve reliability of collections whilst decarbonising our fleet and make it easier for people to reduce their waste and recycle more.

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“Rob’s leadership and experience will be key to delivering on these priorities and I look forward to working closely with him and the team as we drive forward these important improvements.”

For the last financial year, Bristol Waste turned over £65.8m – up from £63.3m a year earlier. The latest available documents on Companies House show the organisation narrowed its total losses for the year to the end of March 2025 to £507,064, compared to a loss of £961,436 the year before.

At that time, Bristol Waste had total equity of £7m.

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Coca-Cola Shares Edge Higher as Beverage Giant Maintains Global Brand Strength Amid Shifting Consumer Tastes

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Chipotle

NEW YORK — Shares of Coca-Cola Co rose slightly Monday, reflecting steady investor confidence in the beverage company’s resilient global portfolio and ongoing innovation in a competitive non-alcoholic drinks market.

The stock advanced about 0.06% to around $82.68 in afternoon trading, adding to recent performance as Coca-Cola continues navigating evolving consumer preferences while leveraging its iconic brands and distribution network.

Coca-Cola has maintained its position as the world’s leading beverage company through a diversified portfolio spanning sparkling soft drinks, water, sports drinks, juices and coffee. Its flagship Coca-Cola brand remains one of the most recognized consumer products globally.

Recent quarterly results showed volume growth across key markets, with particular strength in developing regions. Management highlighted successful execution of revenue growth management strategies and product innovation to drive value.

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The company continues investing in marketing campaigns that emphasize happiness, refreshment and shared moments. Coca-Cola’s advertising maintains cultural relevance while adapting to digital and social media consumption patterns.

Monday’s modest share movement occurred without major company-specific news, suggesting continuation of positive sentiment from recent operational updates and broader consumer staples sector stability. Coca-Cola shares have demonstrated defensive characteristics during periods of market volatility.

Analysts maintain generally favorable views on Coca-Cola, citing its pricing power, brand moat and consistent cash flow generation. Some highlight potential for margin expansion through productivity initiatives and portfolio optimization.

Coca-Cola’s global footprint provides diversification from any single market’s economic conditions. The company operates in more than 200 countries, with localized marketing and product offerings tailored to regional tastes.

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Innovation remains central to Coca-Cola’s strategy. Recent launches include new flavors, low- and no-sugar variants, and functional beverages addressing health and wellness trends. The company has expanded its portfolio through acquisitions and partnerships in emerging categories.

Sustainability efforts include commitments to reduce plastic usage, improve water stewardship and achieve carbon neutrality goals. These initiatives respond to consumer and investor expectations for environmental responsibility.

Coca-Cola’s distribution system, one of the world’s most extensive, provides competitive advantages in reaching both urban and rural consumers. The company works closely with bottling partners to optimize supply chain efficiency.

Monday’s trading reflected measured activity in consumer staples names. Coca-Cola’s performance aligns with sector stability as investors seek defensive exposure amid economic uncertainties.

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The beverage industry faces challenges including changing dietary preferences, regulatory pressures on sugar content and competition from smaller craft brands. Coca-Cola’s scale and marketing resources help address these dynamics.

The company’s focus on non-carbonated beverages has expanded its addressable market. Brands like Powerade, Smartwater and Honest Tea complement core sparkling offerings.

Coca-Cola’s pricing strategies balance volume growth with value realization. Revenue growth management initiatives help offset commodity cost fluctuations while maintaining accessibility.

International markets contribute significantly to Coca-Cola’s revenue. Emerging markets in Asia, Africa and Latin America offer long-term growth potential as consumer spending power increases.

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The company has invested in digital capabilities to enhance consumer engagement and route-to-market efficiency. E-commerce and direct-to-consumer initiatives complement traditional retail channels.

Monday’s slight advance adds to Coca-Cola’s steady performance profile. The stock reflects confidence in its brand strength and ability to adapt to changing consumer behaviors.

Coca-Cola’s dividend remains attractive to income investors, with a history of consistent increases. The company balances shareholder returns with investments in growth initiatives.

As health and wellness trends influence beverage choices, Coca-Cola has expanded zero-sugar and functional offerings. These products address demand for lower-calorie options without compromising taste.

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The company’s sponsorship of major sporting and cultural events maintains brand visibility and emotional connections with consumers worldwide. Olympic and FIFA partnerships reinforce its global presence.

Coca-Cola’s supply chain resilience has been tested by geopolitical events and commodity volatility. Its diversified sourcing and manufacturing footprint help mitigate disruptions.

Investor attention centers on volume trends, pricing realization and innovation success. Consistent execution supports Coca-Cola’s reputation for reliable performance.

The non-alcoholic beverage sector benefits from everyday consumption patterns, providing relative stability compared to discretionary categories. Coca-Cola’s portfolio spans price points and occasions.

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Monday’s trading highlighted Coca-Cola’s defensive qualities within consumer staples. Its business model supports consistent results through economic cycles.

Coca-Cola’s role in popular culture and daily routines underscores its enduring market position. The brand’s ubiquity creates both opportunities and expectations for continuous relevance.

As markets evaluate consumer goods investments, Coca-Cola offers exposure to global growth with strong cash flow characteristics. Its trajectory depends on successful navigation of competitive and regulatory challenges.

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