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McDonald's Misses Q4 Expectations: Revenue Declines, E. Coli Outbreak Impacts US Sales. Global same-store sales rise 0.4%, but US sales fall 1.4%. Company focuses on value menu and innovation for 2025.
Published on: February 10, 2025, 07:03 PM UTC
Disney removes diversity initiatives amid federal crackdown, political backlash
Published on: February 10, 2025, 07:01 PM UTC
As President Donald Trump threatens tariffs on steel and aluminum, commodity prices rise while the Australian dollar falls. Despite further tariff threats, stocks remain stable as analysts predict gold will reach $3,000 an ounce.
Published on: February 10, 2025, 07:00 PM UTC
Activist hedge fund Elliott Management takes stake in BP, sending shares surging 8%. Known for pushing for change, Elliott could seek to split BP's oil and gas unit and alter management.
Published on: February 10, 2025, 07:00 PM UTC
McDonald's (MCD) missed financial expectations in Q4 2024, facing challenges including an E. coli outbreak and weak U.S. sales. Despite these headwinds, the company remains optimistic, aiming to regain market share and profitability with value-driven menu offerings and customer-focused initiatives.
Published on: February 10, 2025, 06:02 PM UTC
Billionaire Elon Musk suggests the Federal Reserve should undergo closer scrutiny, echoing comments from former Congressman Ron Paul.
Published on: February 10, 2025, 06:01 PM UTC
Rivian opens up orders for its commercial van beyond its initial launch partners, creating a potential lucrative business for the pure-play EV maker.
Published on: February 10, 2025, 06:01 PM UTC
Activist hedge fund manager Boaz Weinstein is launching a new campaign against four UK investment trusts, proposing changes to their structure and aiming to eliminate discounts to their net asset values.
Published on: February 10, 2025, 06:00 PM UTC
A former UBS bond strategist who won a jury verdict over retaliation for whistleblowing has now had that verdict thrown out by an appeals court.
Published on: February 10, 2025, 06:00 PM UTC
Despite looming tariffs, the stock market continues to trade near record highs. This is because earnings, the most significant driver of stock prices, continue to perform well. However, new tariffs could impact earnings, leading to market volatility. Investors should monitor the situation closely and consider the potential consequences before making investment decisions.
Published on: February 10, 2025, 05:03 PM UTC