Business

In this article CMCSA Follow your favorite stocksCREATE FREE ACCOUNT Comcast is exploring a separation of its cable networks business, President Mike Cavanagh said Thursday. During the company’s third-quarter earnings call with investors, Cavanagh said the company is exploring creating “a new, well-capitalized company owned by our shareholders and comprised of our strong portfolio of

In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT Brian Niccols, CEO of Starbucks, speaking with CNBC on Oct. 31st, 2024.  CNBC Starbucks CEO Brian Niccol shared more details about the company’s turnaround strategy during the company’s quarterly conference call on Wednesday. For three straight quarters, Starbucks has reported declining sales. But the coffee

In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT Starbucks offers oat milk as a dairy-free option. Source: Starbucks Starbucks said Wednesday that it will remove the surcharge for dairy substitutes, saving some U.S. customers more than 10% on their drinks. The change goes into effect Nov. 7 and follows years of pleading from

A Carvana sign and signature vending machine in Tempe, Ariz. Michael Wayland | CNBC Carvana on Wednesday raised its 2024 earnings guidance after the online used car retailer significantly topped Wall Street’s third-quarter expectations. Here’s how the company performed in the third quarter, compared with average estimates compiled by LSEG: Earnings per share: 64 cents vs.

In this article LLY Follow your favorite stocksCREATE FREE ACCOUNT Lilly Biotechnology Center is shown in San Diego, California, U.S. March 1, 2023. Mike Blake | Reuters Eli Lilly on Wednesday fell short of profit and revenue expectations for the third quarter, weighed down by disappointing sales of its blockbuster weight loss drug Zepbound and

In this article MCD Follow your favorite stocksCREATE FREE ACCOUNT 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

New Ford F-150 trucks go through the assembly line at the Ford Dearborn Plant on April 11, 2024 in Dearborn, Michigan.  Bill Pugliano | Getty Images DETROIT — The automotive industry has become a crucial topic during the 2024 presidential election as Michigan — home of the Motor City and 1.1 million automotive jobs —

In this article MCD Follow your favorite stocksCREATE FREE ACCOUNT A McDonald’s restaurant in El Sobrante, California, on Oct. 23, 2024. David Paul Morris | Bloomberg | Getty Images McDonald’s is expected to report its third-quarter earnings before the bell on Tuesday. Here’s what Wall Street analysts surveyed by LSEG are expecting the company to

Cosm currently has two locations in Los Angeles and Dallas, Texas but plans but is planning on expanding to additional locations in the future. Courtesy: Cosm Cosm, the immersive technology company that broadcasts live sports events using what it calls “shared reality,” is partnering with the National Football League, the company announced Monday. As part

In this article MCD Follow your favorite stocksCREATE FREE ACCOUNT 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

In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT Bob Jordan, CEO of Southwest Airlines, listens to questions from media during Southwest Airlines Investor day at Southwest Airlines Headquarters on September 26, 2024 in Dallas, Texas. Sam Hodde | The Washington Post | Getty Images Southwest Airlines and activist hedge fund Elliott Investment Management

In this article SPR BA Follow your favorite stocksCREATE FREE ACCOUNT Boeing 737 fuselages on railcars at Spirit AeroSystems’ factory in Wichita, Kansas, on July 1, 2024. Nick Oxford | Bloomberg | Getty Images Spirit AeroSystems is weighing furloughs or layoffs of hundreds more employees if the Boeing machinists’ strike stretches beyond Nov. 25, a