McDonald’s reported mixed quarterly results Tuesday as its reorganization weighed on its profit and boycotts hurt its Middle Eastern sales. The company also continues to see consumers worldwide pull back on their restaurant spending. “Consumers continue to be even more discriminating with every dollar that they spend as they faced elevated prices in…
Walmart is debuting a new grocery brand, as the discounter tries to retain the shoppers it has attracted during a…
Paramount Global CEO Bob Bakish is stepping down, the company announced Monday, as merger negotiations with Skydance Media continue. Bakish climbed…
The wealth gap between rich millennials and the rest of their age group is the largest of any generation,…
JPMorgan Chase CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession…
Paramount Global and Skydance Media are making progress on a deal that would merge the media companies and buy out…
The Biden administration plans to require that all new cars and trucks come with pedestrian-collision avoidance systems that include…
NBCUniversal streaming service Peacock plans to raise prices for its ad-free service by $2 to $13.99 a month ahead…
Intel’s long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings. Investors pushed the shares down…