JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, U.S., December 6, 2023. Evelyn Hockstein | ReutersA Russian court sided with state-run lender VTB Bank in its...
The logo of Chipotle Mexican Grill is seen in Manhattan, New York.Shannon Stapleton | ReutersChipotle Mexican Grill on Wednesday reported quarterly earnings and revenue that beat analysts' expectations, fueled by higher traffic to its restaurants.The stock rose 4% in extended trading.Here's what the company reported compared with what Wall Street was...
The Ford display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBCDETROIT — Ford Motor is announcing first-quarter earnings after the markets close Wednesday.Here is what Wall Street expects, based on average analyst estimates compiled by LSEG:Earnings per share: 42 cents adjustedAutomotive revenue: $40.10...
A Foot Locker, Inc. store. Courtesy of: Foot Locker, Inc.A new and improved Foot Locker debuted at a New Jersey mall on Wednesday as the sneaker retailer looks to reverse a sales slump, keep brand partners loyal and win back Wall Street's confidence by revamping the footprint for its all-important stores. The...
A test tube is seen in front of displayed Biogen logo in this illustration taken on, December 1, 2021.Dado Ruvic | ReutersBiogen on Wednesday reported first-quarter profit that topped estimates as the company's cost-cutting efforts took hold and sales of its closely watched Alzheimer's drug, Leqembi, came in higher...
Starbucks and the union that represents its baristas will resume contract negotiations on Wednesday, ending an extended stalemate.The two sides' return to the bargaining table follows their February announcement that they found a "constructive path forward" during mediation discussions related to litigation over the union's use of Starbucks' branding. It...
More than 3 million people with Medicare could be eligible for coverage of Wegovy now that the blockbuster weight loss drug is also approved in the U.S. for heart health, according to an analysis released Wednesday by health policy research organization KFF.But some eligible beneficiaries could still face out-of-pocket...
An aerial photo shows Boeing 737 Max airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, on March 21, 2019.Lindsey Wasson | ReutersBoeing's quarterly report on Wednesday will be the most complete accounting to date of the fallout from the midair loss of a door plug...
Tanika Ray, Alyson Fouse, Kym Whitley, Yvette Nicole Brown and Tisha Campbell attend Bounce TV's "Act Your Age" Los Angeles Series Premiere at The London West Hollywood at Beverly Hills on February 27, 2023 in West Hollywood, California. Charley Gallay | Getty ImagesE.W. Scripps, one of the largest local TV...
Silhouette of passenger in front of the JetBlue Airbus A321neo aircraft spotted on the apron tarmac docked at the passenger jet bridge from the terminal of Amsterdam Schiphol International Airport AMS EHAM in the Netherlands. Nicholas Economou | Nurphoto | Getty ImagesJetBlue Airways shares tumbled more than 10% in premarket...