McDonald’s Chris Kempczinski speaks about fresh beef expansion at a McDonald’s event in Oak Brook, Illinois. Richa Naidu | Reuters A week after health authorities publicly linked a deadly E. coli outbreak to McDonald’s Quarter Pounder burgers, the company’s CEO, Chris Kempczinski, told investors that the situation is now behind them. “How we’ve handled the […]
McDonald’s executives say E. coli outbreak is ‘behind us’ Read More »
Kena Betancur | Corbis News | Getty Images Pfizer on Tuesday reported third-quarter revenue and adjusted profit that blew past expectations as the company’s Covid vaccine and antiviral pill Paxlovid helped boost sales. The pharmaceutical giant also hiked its full-year outlook and now expects to book adjusted earnings per share of $2.75 to $2.95, up
Pfizer tops earnings estimates, hikes full-year guidance as Covid products help sales Read More »
A McDonald’s restaurant in El Sobrante, California, on Oct. 23, 2024. David Paul Morris | Bloomberg | Getty Images McDonald’s on Tuesday reported quarterly earnings and revenue that beat analysts’ expectations as its U.S. restaurants reversed last quarter’s same-store sales decline. The earnings report didn’t mention the recent E. coli outbreak across 13 states that’s been
McDonald’s beats on profit and revenue, reverses U.S. same-store sales declines Read More »
CEO Jason Kim in the company’s lunar mission control center. Firefly Aerospace Jason Kim just nabbed one of the most coveted yet high-pressure C-suite gigs in the space industry. As the new CEO of rocket and spacecraft builder Firefly Aerospace, he’s no longer under the Boeing umbrella after leaving his previous role leading their satellite-making
Google CEO Sundar Pichai and Microsoft CEO Satya Nadella Udit Kulshrestha and David Paul Morris | Bloomberg | Getty Images Microsoft took the unusual step on Monday of publicly criticizing longtime rival Google for running “shadow campaigns” in Europe designed to discredit the software giant with regulators. Microsoft lawyer Rima Alaily wrote in a blog
The Chase bank logo above ATMs, taken in Manhattan. Michael Kappeler | Picture Alliance | Getty Images JPMorgan Chase has begun suing customers who allegedly stole thousands of Dollars from ATMs by taking advantage of a technical glitch that allowed them to withdraw funds before a check bounced. The bank on Monday filed lawsuits in
A Ford F-150 Lightning electric pickup truck is displayed for sale at a Ford dealership on August 21, 2024 in Glendale, California. Mario Tama | Getty Images DETROIT — Ford Motor is set to report its third-quarter earnings after the bell Monday. Here is what Wall Street is expecting, according to average estimates compiled by
Ford Motor is set to report earnings after the bell. Here’s what Wall Street expects Read More »
Apple on Monday announced an updated iMac with the company’s latest M4 chip. It starts at $1,299 and is available to order ahead of its release on Nov. 8. Apple’s Mac family remains a large business segment even though it’s less important to the company than the iPhone. In the June quarter, Apple reported $7
Apple announces new iMac with M4 chip, starts at $1,299 Read More »
A double quarter pounder with cheese and fries arranged at a McDonald’s restaurant in El Sobrante, California, US, on Wednesday, Oct. 23, 2024. David Paul Morris | Bloomberg | Getty Images McDonald’s Quarter Pounder burgers will return to roughly 900 restaurants this week after the fast-food giant pulled the menu item linked to a deadly
