The charts are showing this burger chain can soon blow through its all-time highs
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
3 hours ago
- Yahoo
Shake Shack Canada to expand in Greater Toronto
Shake Shack Canada has revealed plans to expand its operations in the Greater Toronto Area (GTA) with six new outlets opening in 2025 and 2026. The new restaurants will offer burgers, Crinkle Cut Fries, and hand-spun shakes. The expansion is seen as a notable investment in the Canadian market and will create 400 jobs. Shake Shack will adapt its offerings and experiences to align with local preferences. Each new location will incorporate contributions from local artists to enhance the design and cultural relevance of the spaces. The new outlet at Kitchen Hub Castlefield in York has already opened, and the Square One Shopping Centre branch on City Centre Dr, Mississauga, will follow on 19 August. The location at Yonge & Eglinton will open in autumn 2025 and will showcase the work of Canadian artist Kirsten McCrea. Additional sites are planned for Vaughan Mills, King West and Yonge and Bloor, with openings anticipated in mid-2026. Each will reflect the brand's focus on quality food, thoughtful design and community involvement. Shake Shack Canada business director Billy Richmond stated: 'The energy we've seen from Canadian guests since day one has been incredible. This next chapter is about more than opening doors — it's about showing up for the communities we serve. 'Our intention is to deliver high-quality dining experiences that stand the test of time, and this GTA expansion sets the stage for Shake Shack's long-term success in Canada. 'With plans already in motion, we're excited to bring the Shack experience to more cities across Canada in the near future." "Shake Shack Canada to expand in Greater Toronto" was originally created and published by Verdict Food Service, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
6 hours ago
- Yahoo
Rachel Reeves should exempt defence pledge from budget rules, says Gordon Brown
Gordon Brown has said Chancellor Rachel Reeves should exempt the Government's defence spending pledge from her borrowing rules to help free up economic headroom. The former prime minister said the commitment to spend 5% of GDP on national security by 2035 should be dealt with jointly as a 'Nato initiative', with costs shared across Europe. Leading economists have warned the Chancellor will likely have to raise taxes in the autumn budget to plug a £51 billion black hole in the public finances. Ms Reeves is currently on track to miss one of her borrowing rules by £41.2 billion and needs to rebuild a fiscal buffer of nearly £10 billion that has been wiped out, the National Institute of Economic and Social Research (Niesr). Mr Brown, who served as chancellor for a decade in Sir Tony Blair's Labour administration, said on Thursday that the rise in defence spending should be treated as 'exceptional', as it has been in Germany. 'When you come to the fiscal position, look, there's one thing that's happened over the last few months that has been quite unprecedented – to spend 5% on defence expenditure as we want to spend by the 2030s,' he told BBC Radio 4's Today programme. 'But this is a Nato initiative, this is a European initiative. We should be doing this jointly. 'We should have either jointly issued bonds or a Nato defence fund, and we should be sharing the cost across the continent, and that should be regarded as something extraordinary and exceptional, outside the fiscal rules. 'That would create the kind of headroom that Rachel Reeves needs.' Germany has voted to exempt some defence spending from its self-imposed borrowing constraints as Nato allies seek to boost funding following pressure from US President Donald Trump for them to shoulder more of the burden of European defence. Mr Brown said: 'If you look around Europe at the moment, you see that the Germans are looking at what they can do outside the fiscal rules… the French are looking at ways of doing it, the Polish have already done that. 'What I'm actually asking for is a European-wide initiative. 'Let's do it jointly, either jointly issued bonds or individually issued bonds that are simultaneous and therefore seen by the markets as an extraordinary issue.' When she entered the Treasury, Ms Reeves set out two key fiscal rules: the first to ensure that day-to-day spending is matched by tax revenues, and the second to reduce net financial debt as a share of the economy. Ministers have already announced a cut to overseas aid to fund a boost in defence spending but economists have said the new Nato target of 5% by 2035 could increase expenditure by a further £38.6 billion. The Treasury has been contacted for comment.
Business Wire
a day ago
- Business Wire
Odyssey Marine Exploration Applauds Cook Islands – United States Partnership to Develop Polymetallic Nodule Resources
TAMPA, Fla.--(BUSINESS WIRE)--Odyssey Marine Exploration, Inc. (NASDAQ: OMEX), an ocean exploration pioneer engaged in the discovery, development, and extraction of strategic minerals that provide solutions to global challenges, today expressed strong support for the newly announced cooperation between the United States (U.S.) and the Cook Islands to advance scientific research and the responsible development of seabed mineral resources. "This partnership is not only a bilateral success—it's a signal that the global approach to critical mineral supply chains is shifting. At Odyssey, we're proud to support science-based, collaborative efforts to unlock the seabed's potential," said Gordon. 'We commend the leadership of both the U.S. and Cook Islands governments in forging this innovative partnership,' said Mark Gordon, Chief Executive Officer and Chairman of the Board of Odyssey. 'This partnership is not only a bilateral success—it's a signal that the global approach to critical mineral supply chains is shifting. At Odyssey, we're proud to support science-based, collaborative efforts to unlock the seabed's potential, with a particular focus on phosphates for sustainable fertilizer and polymetallic nodules that supply key battery metals for the clean energy transition.' Through its investments and service relationships with Ocean Minerals LLC and CIC Limited, Odyssey is active in advancing two of the three licensed exploration programs within the Cook Islands' Exclusive Economic Zone (EEZ)— home to an estimated 12 billion wet tonnes of polymetallic nodules. Drawing on decades of marine mineral expertise, Odyssey has collaborated with the Cook Islands government and stakeholders for over ten years, supporting both exploration initiatives and the development of a robust regulatory framework for seabed minerals. The Cook Islands has developed one of the world's most comprehensive and responsible frameworks for deep-sea mineral governance—an achievement built through years of proactive engagement, strategic planning, and collaboration with technical and industry partners. In recent weeks, Odyssey deployed two Autonomous Benthic Mini Landers (ABMLs) to the Cook Islands. This cutting-edge technology is designed to collect environmental data at depths of 5,500 meters, which is critical to developing responsible mineral programs. The Cook Islands–U.S. collaboration comes at a time when the United States is advancing a series of federal policy actions to unlock domestic offshore mineral potential and secure critical inputs for clean energy and infrastructure. Among these policy efforts is Executive Order 14285, which directs federal agencies to accelerate the responsible exploration and processing of seabed minerals on the U.S. Outer Continental Shelf (OCS). Odyssey is recognized as qualified to acquire and hold a minerals lease by the Bureau of Ocean Energy Management (BOEM) since 2021 and is ready and well-positioned to support this momentum. About Odyssey Marine Exploration Odyssey Marine Exploration, Inc. (NASDAQ: OMEX) is a global leader in ocean exploration with over 30 years of experience. The company is committed to the sustainable and responsible discovery, validation, and advancement of seafloor critical mineral projects, including polymetallic nodules for battery metals and subsea phosphate deposits for fertilizers. Offering comprehensive research, marine operations, and regulatory compliance support, Odyssey works with governments and seafloor rights holders worldwide. Odyssey develops its projects in collaboration with a global network of partners, academics, and industry professionals who share its commitment to environmentally sound solutions for obtaining minerals that address present and future global challenges. Learn more at Forward Looking Information Odyssey Marine Exploration believes the information set forth in this Press Release may include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. Certain factors that could cause results to differ materially from those projected in the forward-looking statements are set forth in "Risk Factors" in Part I, Item 1A of the Company's Annual Report on Form 10-K for the year ended December 31, 2024, which was filed with the Securities and Exchange Commission on March 31, 2025. The financial and operating projections as well as estimates of mining assets are based solely on the assumptions developed by Odyssey that it believes are reasonable based upon information available to Odyssey as of the date of this release. All projections and estimates are subject to material uncertainties and should not be viewed as a prediction or an assurance of actual future performance. The validity and accuracy of Odyssey's projections will depend upon unpredictable future events, many of which are beyond Odyssey's control and, accordingly, no assurance can be given that Odyssey's assumptions will prove true or that its projected results will be achieved.
