Restaurants warn of weak first quarter, but say sales will pick up later this year
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Wendy’s beats on same-store sales for the first time in seven quarters, but guidance is weak
Fast-food chain Wendy’s posted better-than-expected fourth-quarter earnings and ended six quarters of same-restaurant sales shortfalls, offsetting soft guidance for 2025.MarketWatch - 6d -
Blackstone puts First Eagle up for sale for $4bn
Decision to offload the business comes as private equity groups look to capitalise on a flurry of takeover activityFinancial Times - 5d -
They grew up on the same block, then Hinge reconnected them years later
Claire Friel and Christian Hurley crossed paths when they were just kids. A Hinge swipe, years later in a new city, brought them together.CBS News - 5d -
This couple grew up on the same block. A dating app matched them years later.
In the days before Valentine's Day, CBS News is featuring stories about love that blossomed despite unimaginable odds. We call this series Love, Against All Odds.CBS News - 6d -
Kraft Heinz wraps up ‘challenging’ year with a profit warning as stock drops
The company said it’s “committed to making the necessary investments to drive top-line improvement, while remaining disciplined.”MarketWatch - Feb. 12 -
China inflation picks up after Lunar New Year spending boost
Yahoo News - Feb. 9 -
McDonald’s reports sales growth in fourth quarter as Gaza boycott eases
US fast-food chain records like-for-like improvement in revenue, with business improving in Middle EastFinancial Times - Feb. 10 -
Michelin awards star to vegan restaurant for first time ever
Plates London on Old Street is among 22 restaurants to be awarded first Michelin stars.BBC News - Feb. 11 -
‘Butter is a perception’: inside the UK’s first plant-based Michelin-starred restaurant
Plates in east London is a meat and dairy-free space, but its chef and owner doesn’t care for the v-word. Kirk Haworth, the owner and head chef of the east London restaurant Plates, hates the word ...The Guardian - 5d
More from CNBC
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UnitedHealthcare is offering buyouts to employees in benefits unit, could pursue layoffs, sources say
If UnitedHealthcare does not meet a resignation quota through buyouts, it will lay off employees, two people familiar with the matter said.CNBC - 8h -
Palantir plunges after CEO Karp changes share sales plan, Pentagon budget cut report
The Trump administration is engaged in a wide-ranging effort to slash government spending and reduce the number of federal workers.CNBC - 1h -
China keeps benchmark lending rates steady as PBOC prioritizes financial stability
The PBOC has in recent months sought to defend the yuan as it faces downward pressure amid threats of higher tariffs.CNBC - 3h -
Microsoft deploys new state of matter in its first quantum computing chip
Microsoft claims that building its first quantum-computing chip required that it create a new state of matter, which it is referring to as a topological state.CNBC - 7h -
Carvana expects another 'strong' year after topping fourth-quarter expectations
Carvana topped Wall Street's top- and bottom-line expectations for the fourth quarter, while guiding for another "strong" year in 2025.CNBC - 8h
More in Business
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British Business Bank told to refocus lending on priority sectors
Ministers want financial firepower targeted at areas highlighted in industrial strategyFinancial Times - 1h -
Politico’s owner praises JD Vance for ‘inspiring message’
Mathias Döpfner says many Europeans had ‘intentionally misunderstood’ the US vice-president’s speech that caused widespread horrorFinancial Times - 1h -
Trump’s freewheeling disruption could extend to the dollar
The president’s conviction that US currency strength gives trading partners an unfair advantage is well knownFinancial Times - 1h -
Do not let Great British Railways crush competition
Labour will damage growth and innovation by curbing independent regulation of the rail networkFinancial Times - 1h -
Orcel says Ukraine breakthrough could unlock sale of UniCredit’s Russia unit
Italian lender is one of the few large western banks still remaining in the countryFinancial Times - 1h