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The economy grew 2.8% last quarter. Here's how that impacts you
The government released its latest GDP number, which is a measure of the change in the economy's size. The report shows it grew at an annual rate of 2.8% in the third quarter of the year. CBS News ...Top stories - CBS News - October 31 -
Avis’s stock slides after third-quarter earnings fall short of estimates
Avis Budget Group’s stock was falling in after-hours trade Thursday, after the car-rental company’s third-quarter earnings fell short of estimates.Business - MarketWatch - October 31 -
Don't be alarmed by conservative guidance after a solid quarter, Jim Cramer says
CNBC's Jim Cramer on Thursday told investors not to get scared off when a company posts good earnings results but issues more modest guidance.Business - CNBC - October 31 -
Amazon crushed it in e-commerce and cloud, forecast an impressive holiday quarter
We're reiterating our 1 rating and raising our price target to $240 price target from $220.Business - CNBC - November 1 -
Family of grandfather who died after eating Quarter Pounders is heartbroken
There has been one death in a severe E. coli outbreak that affected dozens of people. That victim lived in Grand Junction, and his family there says they have not filed a lawsuit against McDonald's ...Top stories - CBS News - October 31 -
Coterra Energy posted a mixed quarter, but delivered beats where it matters most
Once again, management's strict adherence to cost discipline meant strong earnings and free cash flow generation.Business - CNBC - November 1 -
Derrick Henry eclipses 100 career rushing TDs in a rout of the Broncos
Derrick Henry is the 10th back to score 100 rushing TDs in his career. He'll likely break into the top five before he finishes.Sports - Yahoo Sports - November 3 -
California drug bust yields enough fentanyl to kill quarter of state’s population
Officials uncovered ‘alarming amount of fentanyl-laced pills’ during routine traffic stop in state’s central valley. A routine traffic stop in California’s central valley turned into a major ...World - The Guardian - November 3 -
Google's cloud outpaces rivals in third quarter as AI battle heats up
One takeaway from tech earnings reports this week is that Google's cloud business is gaining momentum.Business - CNBC - November 2 -
AMC’s third-quarter results on deck amid signs of a cinema-industry rebound
AMC Entertainment Holdings Inc. will report third-quarter results after market close Wednesday amid signs that the cinema industry is bouncing back from the devastation wrought by the COVID-19 ...Business - MarketWatch - November 5 -
Burger King parent Restaurant Brands falls short of third-quarter expectations
Net sales climbed 24.7%, largely thanks to the company's acquisitions of its largest U.S. Burger King franchisee and its Popeyes business in China.Business - CNBC - November 5 -
Trump Media & Technology Posts Third-Quarter Loss Ahead of Election Outcome
Chief Executive Devin Nunes said the company continues to explore additional possibilities for growth such as potential mergers and acquisitions, including in the realm of fintech.Business - The Wall Street Journal - November 5 -
Take-Two hits targets for September quarter with $1.47B in net bookings
Take-Two Interactive Software reported that its net bookings hit $1.47 billion in the fiscal second quarter ended September 30, up 2% from $1.44 billion a year ago. The bookings growth was driven ...Tech - VentureBeat - November 6 -
Gilead’s third-quarter earnings beat by a wide margin, and biotech raises guidance
Gilead Sciences Inc.’s stock rose 2.7% in after-hours trading Wednesday, after the biotech blew past third-quarter earnings estimates and raised its guidance, boosted by demand for its HIV and ...Business - MarketWatch - November 7 -
Elf Beauty’s beat-and-raise quarter fuels 7% stock jump
Elf also gained market share and saw international sales nearly double.Business - MarketWatch - November 7 -
Phunware narrows quarterly loss amid revenue decline, and stock sinks further
Phunware Inc. reported a narrowed loss in the mobile-advertising company’s third-quarter results after market close Thursday, although net revenue declined sharply from the same period last year.Business - MarketWatch - November 8 -
CarGurus shares rally after fourth-quarter forecast, but this hurdle lies ahead
Shares of CarGurus Inc. rallied after hours on Thursday, after the online car-buying platform offered a fourth-quarter forecast that was above expectations, as it tries to make deeper inroads with ...Business - MarketWatch - November 8 -
Pinterest Stock Falls Despite Rise in Third-Quarter Profit, Revenue
The social-media platform’s revenue jumped 18% year over year, slightly above Wall Street’s forecast.Business - The Wall Street Journal - November 7 -
Airbnb Posts Higher Third-Quarter Revenue as Travel Demand Accelerates
The short-term rental company posted higher revenue in the third quarter as North American travel trends improved.Business - The Wall Street Journal - November 7 -
Yeti Shares Climb on Jump in Third-Quarter Cooler, Drinkware Sales
The maker of coolers and insulated drinkware expects to hit the high end of its earnings guidance for the year after posting a bigger profit and higher-than-estimated sales in the third quarter.Business - The Wall Street Journal - November 7
