Menu Profits Slump
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Top stories - BBC News
Starbucks boss shakes up menu to win back customers
The coffee shop chain has also promised to look at pricing and staffing to prevent bottlenecks1 hour ago -
Business - The Wall Street Journal
Starbucks Suspends Guidance as Sales Slump Persists
The coffee chain needs to “fundamentally change” strategy, the new CEO, Brian Niccol, said. Shares fell in after-hours trading.8 hours ago -
Top stories - NBC News
'Swicy' items take over restaurant menus as Gen Z seeks heat
The hottest food and drink trend this year isn’t just spicy — it’s also sweet.10 hours ago -
Business - CNBC
'Swicy' items take over restaurant menus as Gen Z seeks heat
Nearly a tenth of U.S. restaurants have "sweet and spicy" menu items, according to Datassential.13 hours ago -
Business - MarketWatch
General Motors’ stock jumps after big profit beat, progress on EV profits
GM’s stock rallies toward a multiyear high after profit beat by a wide margin and the full-year outlook was raised.17 hours ago -
Business - MarketWatch
European Union’s car market slumps further in September
New car registrations dropped by 6.1% in September driven by lower sales in Europe’s top three markets, France, Italy and Germany23 hours ago - Europe -
Top stories - NBC News
Democratic senators slam McDonald's for menu price hikes they say have outpaced inflation
Three senators are asking McDonald’s about its menu price hikes in recent years, arguing the increases are higher than they should be — even with inflation.23 hours ago -
Business - The Wall Street Journal
Tele2 Posts Higher Profits; Backs Targets
Tele2 reported a slightly higher third-quarter net profit, helped by growth in revenue from its core telecommunications services, though revenue and underlying earnings were a touch below ...Yesterday -
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Business - MarketWatch
Schlumberger’s stock slumps as falling oil prices turn customers cautious
Schlumberger’s stock slumps after revenue misses expectations amid “cautious spending” by some international customers as oil prices fell.4 days ago -
Top stories - NBC News
CVS replaces CEO as profits, share price suffer
Longtime CVS Health executive David Joyner has replaced Karen Lynch as CEO, as the company struggles to drive higher profits and stock performance, CVS announced Friday.4 days ago -
Business - MarketWatch
Elevance Health’s stock slumps 13% as profit dented by ‘unprecedented’ Medicaid challenges
Elevance Health Inc.’s stock tumbled 13% Thursday and weighed on rivals after the health insurer’s third-quarter profit fell short of estimates amid ”unprecedented” challenges in the Medicaid ...5 days ago -
Business - The Wall Street Journal
ABB Posts Higher Profit, Raises Margin Guidance
The Swiss industrial-technology company’s profit and revenue rose as the electrification business offset weakness in robotics, discrete automation and e-mobility.6 days ago -
World - ABC News
China to boost financing for approved housing projects to $560 billion to counter property slump
China has announced it will expand the amount of financing available for housing projects on a “white list” to 4 trillion yuan ($562 billion), seeking to reverse a slump in the property industry6 days ago - China -
Sports - ESPN
Seconds? Scheffler mulls '23 Masters menu redux
Scottie Scheffler is thinking about serving the same food at the traditional Champions Dinner prior to the Masters as he did in 2023. "It was pretty good," he said.6 days ago -
Business - Financial Times
Wall Street banks enjoy bumper fees as debt issuance and deals activity rebound
Morgan Stanley rounds off strong earnings season6 days ago -
Business - MarketWatch
ASML says chip-market slump will mainly impact sales to China
A day after a profit warning that rocked the stock market, executives at ASML Holding said the slower-than-expected recovery in the microchip market will have the sharpest impact on sales to China ...6 days ago - China -
Sports - The New York Times
Aaron Judge’s Playoff Slump Is Over. Now He Needs to Carry the Yankees.
Judge’s home run in Game 2 let the Yankees exhale, for so many reasons.6 days ago - MLB -
Business - MarketWatch
LVMH stock falls on slumping luxury sales in China
LVMH Moët Hennessy Louis Vuitton said a slowdown in Chinese spending had hit its third quarter sales6 days ago - China -
Business - The Wall Street Journal
Whitbread Aims to Boost Profit, Shareholder Returns
The U.K. hotel-and-restaurant company said it forecasts an increase of at least £300 million in profit by fiscal 2030, and to generate more than £2 billion for dividends, share buybacks and ...October 16 -
Business - The Wall Street Journal
Stellantis Car Deliveries Slump on U.S. Woes
Stellantis vehicle deliveries fell 20% in the third quarter as the Jeep and Ram-maker began to take measures to address excess inventory in the U.S.October 16 -
Business - MarketWatch
Charles Schwab is profiting from customers who want professional help with investing
The brokerage said it is seeing increased inflows into its wealth-management offerings.October 15 -
Top stories - The New York Times
Profits Leap at Goldman Sachs as Banks See Steady Economy
The investment bank earned more than expected in the latest quarter, a theme for other big banks, too.October 15 -
Business - CNBC
Goldman Sachs beats on profit and revenue as stock trading and investment banking boost results
Wall Street trading and investment banking has helped the big banks this quarter, and Goldman Sachs results showed why they are a leader in those areas.October 15 -
Business - MarketWatch
UnitedHealth’s stock rocked as a big jump in medication costs hurt profitability
UnitedHealth’s stock was having its worst day in more than four years on Tuesday, after the healthcare giant beat third-quarter profit and revenue expectations but missed on medical-care ...October 15 -
World - The Guardian
Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live
Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...October 15 -
Business - Financial Times
Goldman profits jump 45% to $3bn after trading boost
Net income outstrips expectations despite hit from retail banking retreatOctober 15 -
Sports - CBS Sports
Yankees' Giancarlo Stanton continues to step up in playoffs with Aaron Judge still stuck in October slump
Stanton, one of the best October sluggers of all-time, went deep again in ALCS Game 1October 15 - MLB -
Business - MarketWatch
Oil prices lose 2% after China offers little detail on stimulus plans
Oil futures ended lower Monday to give back all of last week’s gains and then some, after a weekend announcement by Chinese authorities failed to provide details on a stimulus plan sufficient to ...October 14 - China -
Sports - CBS Sports
What's behind Aaron Judge's playoff struggles? Three possible causes for Yankee slugger's October slump
The Yankees have succeeded largely without the help of their biggest power threat so farOctober 14 -
World - The Guardian
Oysters are back on British menu – but will red tape stifle the shellfish boom?
Dispute over use of invasive species could hit production at seafood farms. You can see them on the specials boards of new restaurants and on chalkboards propped outside bars and pubs. Foodie ...October 14