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McDonald’s Results Beat Estimates

McDonald’s Results Beat Estimates

Profit and revenue declined at McDonald’s in the third quarter but same-store sales rose more than expected as the fast-food chain tries to lure people by changing up its burgers.

Published 1 month ago

Verizon Adds Phone Customers But Oath Revenue Weakens

Verizon Adds Phone Customers But Oath Revenue Weakens

Verizon Communications added to its pool of wireless phone subscribers in the third quarter while pressing forward with its bet that it is better to focus on building a faster network than trying to own the content that flows through it.

Published 1 month ago

Investor Disquiet at Nestlé Grows Beyond Activist Third Point

Investor Disquiet at Nestlé Grows Beyond Activist Third Point

Nestlé’s chairman is facing mounting opposition from some shareholders who say the former chief executive isn’t helping his successor’s efforts to reinvigorate growth at the world’s largest packaged-foods maker.

Published 1 month ago

Harley Recalls 238,300 Bikes

Harley Recalls 238,300 Bikes

Harley-Davidson said it was recalling 238,300 recent-model motorcycles world-wide due to a clutch issue, an effort that will weigh on earnings this quarter.

Published 1 month ago

Global Stocks Drop on Political Tensions, Worries Over Chinese Growth

Global Stocks Drop on Political Tensions, Worries Over Chinese Growth

Stocks sold off worldwide with technology shares plunging amid resurgent fears about the health of China’s economy and a slew of geopolitical concerns.

Published 1 month ago

Big Oil’s Flood of Cash Underwhelms Investors

Big Oil’s Flood of Cash Underwhelms Investors

Soaring crude prices have put the oil industry on track to churn out huge cash piles this year. Even so, investors aren’t buying it. Literally.

Published 1 month ago

Investor Disquiet at Nestlé Grows Beyond Activist Third Point

Investor Disquiet at Nestlé Grows Beyond Activist Third Point

Nestlé’s chairman is facing mounting opposition from some shareholders who say the former chief executive isn’t helping his successor’s efforts to reinvigorate growth at the world’s largest packaged-foods maker.

Published 1 month ago

Harley Recalls 238,300 Bikes

Harley Recalls 238,300 Bikes

Harley-Davidson said it was recalling 238,300 recent-model motorcycles world-wide due to a clutch issue, an effort that will weigh on earnings this quarter.

Published 1 month ago

Caterpillar Pushes Profit Higher

Caterpillar Pushes Profit Higher

Caterpillar reported higher profit thanks to price increases and rising sales, offsetting higher costs to make and ship its machinery due in part to metal tariffs.

Published 1 month ago

3M Trims Earnings Forecast as Sales Sputter

3M Trims Earnings Forecast as Sales Sputter

3M lowered its earnings forecast for the year after it reported slower sales growth across most of its business lines in the third quarter.

Published 1 month ago

Big Oil’s Flood of Cash Underwhelms Investors

Big Oil’s Flood of Cash Underwhelms Investors

Soaring crude prices have put the oil industry on track to churn out huge cash piles this year. Even so, investors aren’t buying it. Literally.

Published 1 month ago

Global Stocks Drop on Political Tensions, Worries Over Chinese Growth

Global Stocks Drop on Political Tensions, Worries Over Chinese Growth

Stocks sold off worldwide with technology shares plunging amid resurgent fears about the health of China’s economy and a slew of geopolitical concerns.

Published 1 month ago

Judge Reduces Jury Award Against Bayer’s Roundup to $78.5 Million

Judge Reduces Jury Award Against Bayer’s Roundup to $78.5 Million

A California judge reduced by more than $200 million a jury verdict linking Bayer’s Roundup weedkiller to cancer but upheld the jury’s findings that the company acted with malice.

Published 1 month ago

Migrant Caravan Moves North in Mexico as Trump Warns of Foreign-Aid Cuts

Migrant Caravan Moves North in Mexico as Trump Warns of Foreign-Aid Cuts

An estimated 5,000 Honduran migrants set out from southern Mexico on a grueling journey toward the U.S. border, as President Trump threatened to end or cut foreign aid to Central American countries.

Published 1 month ago

Breakdown of the Harvard Admissions Process

Breakdown of the Harvard Admissions Process

As Harvard defends itself in federal court against allegations that it intentionally discriminates against Asian-American applicants, trial exhibits offer new details about who it admits, and why.

Published 1 month ago