McDonald's CosMc's Restaurant.Courtesy: McDonald'sMcDonald's will open the first location of its new spinoff brand CosMc's this week in Bolingbrook, Illinois.The fast-food giant plans to open 10 CosMc's locations, including nine restaurants in Texas, by the end of 2024 in a test. McDonald's will then spend a year analyzing data...
(L-R) Brian Moynihan, Chairman and CEO of Bank of America; Jamie Dimon, Chairman and CEO of JPMorgan Chase; and Jane Fraser, CEO of Citigroup; testify during a Senate Banking Committee hearing at the Hart Senate Office Building on December 06, 2023 in Washington, DC. Win Mcnamee | Getty ImagesWall...
The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022.Gabby Jones | Bloomberg | Getty ImagesDisney is beginning to roll out a Hulu integration on its Disney+ streaming platform in a bid to bundle subscribers. The full launch is...
Check out the companies making headlines in midday trading. Shopify — Shares fell 3% on the back of the company's investor day, which took place Tuesday. A lack of concrete long-term guidance left some analysts muted on the stock. The company's strong performance in 2023 — shares have more...
A worker stocks the shelves at a Walmart store on January 24, 2023 in Miami, Florida. Walmart announced that it is raising its minimum wage for store employees in early March, store employees will make between $14 and $19 an hour. Joe Raedle | Getty Images News | Getty ImagesAfter...
Holiday shoppers are turning to Walmart for groceries and gifts, but CEO Doug McMillon said it's hard to predict how sales will look in the months after the peak shopping season.In an interview with Sara Eisen that aired Wednesday on CNBC's "Squawk on the Street," the leader of the...
A McDonald's store sign in Austin, Texas, Oct. 30, 2023.Brandon Bell |Getty ImagesMcDonald's wants to open more than 8,800 locations and add 100 million members to its loyalty program by 2027.The targets are part of the fast-food giant's long-term plans to grow sales across its already sprawling restaurant footprint.McDonald's...
Addison O'Grady #44 of the Iowa Hawkeyes rebounds against LaDazhia Williams #0 of the LSU Lady Tigers during the 2023 NCAA Women's Basketball Tournament National Championship at American Airlines Center on April 2, 2023 in Dallas, Texas.C. Morgan Engel | Ncaa Photos | Getty ImagesWomen's sports had a banner...
A postal worker wearing a Santa hat, sorts through mail and packages during a media tour hosted by the US Postal Service at the Los Angeles Processing and Distribution Center, the largest in the country, equivalent to 29 football fields, on November 30, 2023. Frederic J. Brown | AFP |...
A member of the public walks through heavy rain near the Bank of England in May 2023.Dan Kitwood | Getty Images News | Getty ImagesLONDON — The Bank of England on Wednesday warned that although household finances are faring better than expected, higher borrowing costs have yet to fully...