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 […]
Members of the International Association of Machinists and Aerospace Workers District 751, embrace at a union hall after learning that union members voted to approve a new contract proposal from Boeing in Seattle, Washington, U.S. November 4, 2024. REUTERS/David Ryder Boeing machinists approved a new labor deal Monday, ending a more than seven-week strike that […]
Industrial chiller at Yotta Data Services Pvt. data center, in Navi Mumbai, India, on Thursday, Mar. 14, 2024. Bloomberg | Bloomberg | Getty Images A huge upswing in the number of data centers worldwide shows no signs of slowing down, prompting Big Tech to consider how best to power the artificial intelligence revolution. Some of […]
Unlock the US Election Countdown newsletter for free The stories that matter on money and politics in the race for the White House The writer is an associate fellow at Chatham House and former senior vice-president at Calvert Investments Business Roundtable — the top table of corporate America’s chief executives — recently posted the statement: […]
Voters walk to cast their ballots during early voting in the presidential election at a polling station at the C. Blythe Andrews, Jr. Public Library in Tampa, Florida, U.S., November 1, 2024. Octavio Jones | Reuters Executives at America’s largest companies are talking publicly with investors about the presidential election more so than in recent […]
CNBC’s Jim Cramer on Friday walked investors through next week’s market action, highlighting the Federal Reserve’s next meeting and earnings from Super Micro Computer. Despite the slew of earnings next week, Cramer said the presidential election will steal Wall Street’s attention. “Even with all these earnings reports coming next week, at the end of the […]
Peopl walk outside Steve Jobs Theater at the Apple Park campus before Apple’s “It’s Glowtime” event in Cupertino, California, on Sept. 9, 2024. Nic Coury | AFP | Getty Images Apple will buy Pixelmatorthe creator of image editing apps for Apple’s iPhone and Mac platforms, Pixelmator announced Friday in a blog post. Pixelmator, a Lithuanian […]
Ford workers produce the electric F-150 Lightning pickup at the automaker’s Ford Rouge Electric Vehicle Center on Dec. 13, 2022. Michael Wayland | CNBC DETROIT — Ford Motor plans to halt production of its all-electric F-150 Lightning from mid-November until early next year to address bloated inventories and narrow losses on the pickup trucks. The […]
Omar Marques | Lightrocket | Getty Images Comcast has begun to explore a separation of its cable networks business. During Thursday’s earnings call with investors, Mike Cavanagh, president of Comcast, said the company is exploring creating “a new, well-capitalized company owned by our shareholders and comprised of our strong portfolio of cable networks.” This is breaking […]
The Shell logo is displayed outside a petrol station in Radstock in Somerset, England, on Feb. 17, 2024. Matt Cardy | Getty Images News | Getty Images British oil giant Shell on Thursday posted a small year-on-year drop in third-quarter profit as a sharp decline in crude prices and lower refining margins were partially offset […]
