How is McDonald’s going to win back customers after E. coli outbreak?
McDonald's believes that its $5 value meals and Big Macs with chicken will help push up visitor numbers to what they were before the...
Ford shares fall after lowering full-year earnings forecast
Ford shares dropped by more than 4% in after-hours trading following the announcement of quarterly results and guidance that fell short of expectations.
Ford reported...
Boeing selling 90 million shares of common stock
Boeing just announced that it will sell 90 million shares of common stock to raise up to $14 billion. Along with this, the company...
Philips lowered its 2024 sales growth forecast
Koninklijke Philips N.V. is adjusting expectations after a rough quarter marked by declining demand in China. The health-tech company lowered its 2024 sales growth...
Scout Motors brought back by VW as electric vehicle company
Scout Motors, founded in the 1960s as a producer of agricultural machinery and trucks, is being brought back to life by Volkswagen as an...
Skechers reports impressive third-quarter results for 2024
Skechers reported impressive third-quarter results for 2024. The global footwear company achieved record sales in the third-quarter of $2.35 billion, a 15.9% increase year-over-year,...
Boeing workers reject newly proposed contract
Boeing workers on the West Coast have rejected a newly proposed contract by the company, extending the strike of more than 33,000 employees to...
Tesla earnings per share rose by 9% in Q3 2024 to 72 cents
Tesla reported Q3 2024 results that surpassed Wall Street expectations as its cost per production unit dropped to a record low.
The electric vehicle (EV)...
IBM Q3 revenue rose 1% to $15 billion
IBM reported a mixed third-quarter earnings report on Wednesday, with an increase in revenue but a net loss of $330 million.
The net loss was...
Existing home sales in the US fell by 1% in September
Existing home sales in the US fell by 1% in September from the previous month to a seasonally adjusted annual rate of 3.84 million...