Business News Archives | Page 148 Of 153

Mortgage rates surge higher on Trump victory, causing housing stocks to fall

Homes in the south suburban Chicago area on April 26, 2023. Brian Cassella | Tribune News Service | Getty Images President-elect Donald Trump’s victory spurred a rise in in the U.S. 10-year Treasury yield. Mortgage rates, which loosely follow the benchmark yield, are also climbing. The average rate on the 30-year fixed mortgage surged 9 […]

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Planet Fitness enters 11th hour bid for bankrupt Blink Fitness

Business News

A Blink Fitness location in New York City. Bill Tompkins | Michael Ochs Archives | Getty Images Planet Fitness wants to acquire bankrupt budget-fitness chain Blink Holdings, according to court filings viewed by CNBC. Planet Fitness previously lost out in a bankruptcy auction against U.K.-based, privately held fitness chain PureGym. Now the U.S. chain, with

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What Trump’s election to White House could mean for EVs

Business News

Production is now set to begin at the former Detroit-Hamtramck assembly plant, less than two years after GM announced the massive $2.2 billion investment to fully renovate the facility to build a variety of all-electric trucks and SUVs. Photo by Jeffrey Sauger for General Motors DETROIT – President-elect Donald Trump’s victory over Vice President Kamala

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CVS posts mixed results, holds off on guidance in Joyner’s first earnings report as CEO

Business News

A person walks by a CVS Pharmacy store in Manhattan, New York, on Nov. 15, 2021. Andrew Kelly | Reuters CVS Health on Wednesday reported mixed third-quarter results as higher medical costs squeezed its bottom line. The earnings report is CEO David Joyner’s first at the helm of the troubled retail drugstore chain. The company

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Trump says he will give RFK Jr. a major health role if he wins the White House. Here’s what that means for patients, drugmakers

Business News

Robert F. Kennedy Jr. and Republican presidential nominee and former U.S. President Donald Trump attend a campaign event sponsored by conservative group Turning Point USA, in Duluth, Georgia, U.S., October 23, 2024. Carlos Barria | Reuters Donald Trump has made one clear promise about who could help take up the government’s health reins if he

Trump says he will give RFK Jr. a major health role if he wins the White House. Here’s what that means for patients, drugmakers Read More »

Yum Brands earnings miss estimates as KFC, Pizza Hut report same-store sales declines

Business News

Budrul Chukrut | Lightrocket | Getty Images Yum Brands on Tuesday reported quarterly earnings and revenue that missed Wall Street’s expectation as same-store sales at KFC and Pizza Hut slid more than expected. “The complex consumer environment that exists in many markets around the globe has contributed to pronounced regional sales variations, which has caused our system-sales

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Burger King parent Restaurant Brands falls short of third-quarter expectations

Business News

A new Burger King restaurant under construction in Tortosa, Spain, following the current expansion of Restaurant Brands International Inc. – the parent company of BK- in new and existing markets. Joan Cros | NurPhoto | Getty Images Restaurant Brands International on Tuesday reported quarterly earnings and revenue that missed analysts’ expectations as domestic same-store sales growth

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Retailers brace for DEI blowback in lead-up to election, holiday shopping season

Business News

A sign disparaging Bud Light beer is seen along a country road on April 21, 2023 in Arco, Idaho. Anheuser-Busch, the brewer of Bud Light has faced backlash after the company sponsored two Instagram posts from a transgender woman. Natalie Behring | Getty Images Retailers are facing a tough equation as they head into the

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Striking Boeing machinists vote on union-backed contract proposal, this time with a warning

Business News

Boeing workers from the International Association of Machinists and Aerospace Workers District 751 gather on a picket line near the entrance to a Boeing production facility on the day of a vote on a new contract proposal during an ongoing strike in Renton, Washington, U.S. October 23, 2024. David Ryder | Reuters Boeing‘s more than

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Singapore Airlines will add first class, revamp cabins for longest flights

Business News

Singapore Airlines new business-class seats. Courtesy: Singapore Airlines Singapore Airlines is planning to add a four-seat first class to the Airbus aircraft it uses for its longest routes, a bet to attract high-spending travelers to flights that can top 17 hours. The carrier will add the new seats to seven Airbus A350-900 URLs, or ultra-long-range

Singapore Airlines will add first class, revamp cabins for longest flights Read More »

Mortgage rates surge higher on Trump victory, causing housing stocks to fall

Planet Fitness enters 11th hour bid for bankrupt Blink Fitness

What Trump’s election to White House could mean for EVs

CVS posts mixed results, holds off on guidance in Joyner’s first earnings report as CEO

Trump says he will give RFK Jr. a major health role if he wins the White House. Here’s what that means for patients, drugmakers

Yum Brands earnings miss estimates as KFC, Pizza Hut report same-store sales declines

Burger King parent Restaurant Brands falls short of third-quarter expectations

Retailers brace for DEI blowback in lead-up to election, holiday shopping season

Striking Boeing machinists vote on union-backed contract proposal, this time with a warning

Singapore Airlines will add first class, revamp cabins for longest flights

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