Today: October 06, 2024
Today: October 06, 2024

Latest From DEE-ANN DURBIN

Business|Economy

Pepsi beats Q1 revenue forecasts as price increases moderate

PepsiCo reported better-than-expected revenue in the first quarter on strong international demand for its snacks and beverages

Pepsi beats Q1 revenue forecasts as price increases moderate
Business|Economy

Beyond Meat's shares soar on better-than-expected Q4 revenue despite weak US sales

Beyond Meat has reported higher-than-expected sales in the fourth quarter, despite weak U.S. demand

Beyond Meat's shares soar on better-than-expected Q4 revenue despite weak US sales
Business|Economy

Coca-Cola reports better-than-expected Q4 sales despite lower US demand

Coca-Cola reported higher-than-expected revenue in the fourth quarter as growth in Mexico, Germany and other markets offset lower sales in the U.S. The Atlanta-based beverage giant said Tuesday its revenue rose 7% to $10.8 billion for the October-December period

Coca-Cola reports better-than-expected Q4 sales despite lower US demand
Business|Economy

McDonald's has bumpy end to a strong year after Middle East boycotts hurt sales

A banner year came to a bumpy end for McDonald’s, which lost sales in many markets due to the war in Gaza

McDonald's has bumpy end to a strong year after Middle East boycotts hurt sales
Business|Economy

Starbucks reports record Q1 revenue but disappoints Wall Street as customer spending slows

Starbucks reported record revenue in its fiscal first quarter

Starbucks reports record Q1 revenue but disappoints Wall Street as customer spending slows
Business|Economy

Pumpkin spice helps Starbucks posts record sales, but growth may moderate in coming year

Customers fell for Starbucks’ fall menu in its fiscal fourth quarter, helping the company achieve record revenue with Pumpkin Spice Lattes and apple croissants

Pumpkin spice helps Starbucks posts record sales, but growth may moderate in coming year
Business|Economy

McDonald's pumps brakes on prices as US traffic falls slightly, but Q3 sales beat expectations

McDonald’s said Monday it’s pumping the brakes on higher prices and focusing more on value meals after seeing a drop-off in visits by some customers

McDonald's pumps brakes on prices as US traffic falls slightly, but Q3 sales beat expectations
Business|Economy

Coke raises full-year sales forecast after stronger-than-expected 3rd quarter

Coca-Cola is raising its full-year revenue forecast after a stronger-than-expected third quarter

Coke raises full-year sales forecast after stronger-than-expected 3rd quarter
Business|Economy

PepsiCo hikes prices by double digits for the 7th consecutive quarter and profits jump 14%

PepsiCo’s revenue rose 7% in the third quarter despite lower demand as the company continued to hike prices

PepsiCo hikes prices by double digits for the 7th consecutive quarter and profits jump 14%
Business|Health

Boar's Head closing Virginia plant linked to deadly listeria outbreak

Boar’s Head is closing the Virginia plant tied to a deadly listeria outbreak

Boar's Head closing Virginia plant linked to deadly listeria outbreak
Business|Health

Want to buy 'Made in the USA' meat and eggs? A new federal labeling rule might help

Shoppers who want to determine if their meat, eggs and poultry were “Made in the USA” are expected to find the task easier once a finalized federal rule takes effect

Want to buy 'Made in the USA' meat and eggs? A new federal labeling rule might help
Business|Technology

Under pressure from cities, DoorDash steps up efforts to ensure its drivers don't break traffic laws

DoorDash says it’s stepping up efforts to identify dangerous delivery drivers and remove them from its platform after a flood of complaints from cities

Under pressure from cities, DoorDash steps up efforts to ensure its drivers don't break traffic laws
Business|Economy|Technology

DoorDash orders surge 24% in the third quarter, helping to narrow the delivery app's losses

DoorDash reported better-than-expected sales in the third quarter as it gained users and they ordered more frequently

DoorDash orders surge 24% in the third quarter, helping to narrow the delivery app's losses
Economy|Technology

Instacart's IPO surges as the grocery delivery company goes from the supermarket to the stock market

Instacart delivered in its stock market debut

Instacart's IPO surges as the grocery delivery company goes from the supermarket to the stock market
Economy|Technology

Instacart sets IPO price at $30 a share, valuing the company at about $10 billion

Instacart has priced its initial public offering of stock at $30 a share, raising $660 million for the grocery delivery company

Instacart sets IPO price at $30 a share, valuing the company at about $10 billion
Business|Lifestyle|News

Coca-Cola Spiced is getting canceled after 7 months on the market

Coca-Cola Co. is discontinuing its newest “permanent” flavor a little more than seven months after putting the product on the market

Coca-Cola Spiced is getting canceled after 7 months on the market
Business|Economy|News

Labor Day hotel strikes reflect the frustrations of a workforce largely made up of women of color

More than 10,000 workers at 25 U.S. hotels are on strike after choosing Labor Day weekend to amplify their demands for higher pay, fairer workloads and the reversal of COVID-era cuts

Labor Day hotel strikes reflect the frustrations of a workforce largely made up of women of color
Business|Economy|News

Chipotle may have violated workers' unionization rights, US labor board says

The National Labor Relations Board says Chipotle may have violated federal labor law in its treatment of employees at its only unionized store

Chipotle may have violated workers' unionization rights, US labor board says
Business|Economy|Finance|News

Kroger and Albertsons hope to merge but must face a skeptical US government in court first

The largest proposed grocery merger in U.S. history is heading to court

Kroger and Albertsons hope to merge but must face a skeptical US government in court first
Business|Economy|News

WK Kellogg to close Omaha plant, downsize in Memphis as it shifts production to newer facilities

WK Kellogg Co. is closing one U.S. cereal plant and downsizing another as part of a plan to consolidate its operations in newer facilities

WK Kellogg to close Omaha plant, downsize in Memphis as it shifts production to newer facilities
Economy|News|Travel

Proposed US rule would ban airlines from charging parents additional fees to sit with their children

The U.S. Department of Transportation is proposing a new rule that would ban airlines from charging parents to sit with their young children

Proposed US rule would ban airlines from charging parents additional fees to sit with their children
Business|News

Tyson Foods heir suspended as CFO after second alcohol-related arrest

Tyson Foods has suspended a great-grandson of the company’s founder after his arrest on charges of driving while intoxicated

Tyson Foods heir suspended as CFO after second alcohol-related arrest
Business|Lifestyle|News|Technology

Former Starbucks CEO Schultz says company needs to refocus on coffee as sales struggle

Former Starbucks CEO Howard Schultz says the company’s leaders should spend more time in stores and focus on coffee drinks as they work to turn around flagging sales

Former Starbucks CEO Schultz says company needs to refocus on coffee as sales struggle
Business|Economy|News|Technology

DoorDash posts better-than-expected Q1 sales but shares fall on cost concerns

DoorDash reported higher-than-expected revenue in the first quarter as strong growth in U.S. grocery orders helped make up for slowing restaurant demand

DoorDash posts better-than-expected Q1 sales but shares fall on cost concerns
Business|Economy|News

Starbucks lowers guidance, promises new drinks and deals after customer traffic fell in weak Q2

Starbucks lowered expectations for its full-year sales and profit after a disastrous quarter that saw a slowdown in store visits across the world

Starbucks lowers guidance, promises new drinks and deals after customer traffic fell in weak Q2

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