FedEx on Wednesday beat Wall Street expectations on the top and bottom lines for the third quarter of its newly aligned fiscal year. FedEx on Wednesday beat Wall Street expectations on the top…
Category: News
Chipotle shares rise 7% after CEO says same-store sales growth will continue
For the first time this year, low-income consumers during the quarter outperformed the high-income cohort at its restaurants, CEO Scott Boatwright said. For the first time this year, low-income consumers during the quarter…
Ford reports mixed third-quarter results, says 2027 earnings will be in line with this year
Ford Motor reported earnings that beat Wall Street’s estimates but slightly missed on revenue. Ford Motor reported earnings that beat Wall Street’s estimates but slightly missed on revenue.Business News
Stellantis stock rises 13% as automaker’s turnaround plan, cost cuts gain traction
European car giant Stellantis said Wednesday that it recorded a 4 billion euro ($4.5 billion) cash shortfall in the third quarter. European car giant Stellantis said Wednesday that it recorded a 4 billion…
Honda warns 50% Canada auto tariffs would be catastrophic for industry
President Donald Trump has threatened to double tariffs on Canadian vehicles and parts from 25% to 50% if a trade deal is not reached between the two countries. President Donald Trump has threatened…
American Airlines hikes annual fees on rewards cards for first time since 2018
American Airlines joined other airlines and banks in raising their airline credit card fee for one of their major cards. American Airlines joined other airlines and banks in raising their airline credit card…
UPS beats quarterly expectations, raises full-year guidance again
UPS beat Wall Street expectations for its third-quarter results and raised its full-year guidance for the second quarter in a row. UPS beat Wall Street expectations for its third-quarter results and raised its…
Coca-Cola hikes earnings outlook, even as it sees lackluster demand in North America
Coca-Cola stock has climbed about 32% so far this year, raising the beverage company’s market cap to roughly $398 billion. Coca-Cola stock has climbed about 32% so far this year, raising the beverage…
A ‘canary in the coal mine’: Measles resurgence exposes weaknesses in U.S. public health, experts say
The measles resurgence exposes the U.S.’ public health weaknesses, such as declining vaccination rates and waning trust in health institutions, experts say. The measles resurgence exposes the U.S.’ public health weaknesses, such as…
Marc Lore’s Wonder bets on Texas, automation and user-built restaurants as it mulls IPO
Wonder is leaning into automation and user-built restaurants as founder Marc Lore prepares the startup for a potential IPO. Wonder is leaning into automation and user-built restaurants as founder Marc Lore prepares the…