Business clown

30/10/2023

UAW deal with Ford includes $8.1 billion in investments, $5,000 ratification bonuses

The 4 ½-year tentative agreement will now be rolled out to 57,000 UAW-Ford members for regional informational meetings and then voting, the union said Sunday

30/10/2023

McDonald’s is about to report earnings. Here’s what to expect

Shares of McDonald's have fallen about 3% this year, dragging its market value down to $186 billion.

27/10/2023

Chipotle Mexican Grill easily tops earnings estimates, as higher prices help offset food inflation

Beef and queso costs rose this quarter, largely offsetting last year's menu price hikes.

27/10/2023

Ford will postpone about $12 billion in EV investment as buyers become more cautious

Ford said customers in North America are unwilling to pay a premium for an EV.

26/10/2023

a dish that can be prepared in 5 minutes

26/10/2023

Mattel says Barbie sales grew 16% as blockbuster movie became a phenomenon

Mattel reported earnings and revenue that came in higher than Wall Street's expectations.

26/10/2023

Morgan Stanley says Ted Pick will succeed James Gorman as CEO on Jan. 1

The announcement ends the top succession race on Wall Street. Morgan Stanley announced in May that Gorman intended to step down within a year.

20/10/2023

CVS to pull certain cold medicines containing decongestant phenylephrine from store shelves

CVS is voluntarily removing certain cough and cold medicines that contain phenylephrine as the only active ingredient from stores.

20/10/2023

Shein opens up about forced labor, data privacy as it looks to clear key hurdles before possible U.S. IPO

Shein, the Chinese-founded fashion giant that has taken the retail industry by storm, will have to clear a slew of hurdles if it wants to go public in the U.S.