Wendy’s Co. is known for its spicy Twitter feed, and the fast-food chain is turning up the heat on its competitors ahead of the launch of its breakfast menu. In the lead up, the company has taken aim at McDonald’s Corp. MCD, -2.79% and Burger King, a Restaurant Brands InternationalRead More →
When Aurora Cannabis Inc. announced last week that co-founder and Chief Executive Terry Booth would retire, it also revealed another loss to come: A quarterly deficit of roughly a billion dollars. Aurora ACB, -1.28% ACB, -1.44% is scheduled to report fiscal second-quarter results Thursday morning, and it is expected toRead More →
Dairy milk got a bad reception at Sunday’s Academy Awards. Joaquin Phoenix took aim at dairy farming in his Oscars speech for Best Actor in a Leading Role for “Joker.” “We go into the natural world and we plunder it for its resources. We feel entitled to artificially inseminate aRead More →
Climate change is making extreme weather worse and, right now, Americans are paying the price. Over the past two years, wildfires in California, floods along the Mississippi River and hurricanes in the Southeastern United States have caused tens of billions of dollars in damage. In 2018, weather-related catastrophes prompted $215Read More →
Saudi supporters called for an Amazon boycott on Thursday, angered by the accusations that their crown prince had hacked Jeff Bezos’s phone. U.N. human-rights experts linked Crown Prince Mohammed bin Salman on Wednesday to the hacking of a phone belonging to the Amazon AMZN, -0.43% founder and Washington PostRead More →
Americans’ credit scores continue to improve. But credit scores don’t tell the whole story of how consumers are faring financially. A new report from Experian EXPN, +1.15% found that the average FICO Score in the U.S. reached an all-time high in 2019 of 703, up from 701 a year earlierRead More →
Looking for a six-figure job that makes you happy in 2020, but is also increasing in demand? Front-end engineers had an average overall job satisfaction score of 3.9 on Glassdoor, making theirs the No. 1 profession for 2020 in terms of job satisfaction, salary and job openings, according to aRead More →
Chase JPM, -1.00% is increasing the annual fee on its popular Sapphire Reserve card, intensifying the ongoing competition with American Express’ Platinum card. Starting later this month, people who sign up for the Sapphire Reserve credit card will be charged an annual fee of $550, which is $100 higher thanRead More →
Qassem Soleimani, leader of the foreign wing of Iran’s Islamic Revolutionary Guard Corps, was killed in a U.S. airstrike at Baghdad’s international airport Friday, local time, escalating long-brewing animosities between Tehran and Washington. President Donald Trump authorized the airstrike that killed Soleimani, a top Iranian general who is considered oneRead More →
Getty Images Amazon, which is known for convenient delivery, is now making returns more convenient United Parcel Service Inc. said Thursday that it forecasts a record National Returns Day, with 1.9 million returns expected, up 26% from last year. National Returns Day is on Jan. 2, 2020. This will beRead More →
Gap Inc. shares fell more than 10% in the extended session Thursday after the retailer said President and Chief Executive Officer Art Peck will be stepping down and cut it outlook for the third quarter and for the year. Peck will “depart from the company after a brief transition,” GapRead More →
Shares of Chesapeake Energy Corp. bounced briefly Thursday after the oil and natural gas company’s top executives bought a total of 125,000 shares on the dip below $1 a share. The stock CHK, +0.34% edged up afternoon trading, a day after tumbling to close at the lowest level since MarchRead More →
London Stock Exchange Group PLC said Friday that total revenue rose 12% in the third quarter, and that the group’s chief financial officer, David Warren, intends to retire by the end of 2020. The U.K. exchange operator LSE, +2.50% , which has been offering stock trading for more than 200Read More →
The Federal Reserve announced Wednesday that its Open Market Committee had voted to cut the federal funds rate by 25 basis points to a range of 1.75% to 2%. The federal funds rate is the benchmark interest rate that banks use when lending to one another. Interest rates on loansRead More →
Walmart WMT, +0.56% on Wednesday is rolling out a new credit card designed to compete with cards from Apple AAPL, +0.94% and Amazon AMZN, -0.28%. The Capital One Walmart Rewards Mastercard MA, -0.42% will become available to shoppers starting Sept. 24. The credit card’s rewards represent an upgrade to Walmart’sRead More →
It’s been a bumpy stock ride since Aman Bhutani took over as GoDaddy Inc. chief executive less than two weeks ago. Shares of the internet-domain registrar and web-hosting company have tumbled 10% since Scott Wagner announced his retirement in August due to health reasons. Shares rose 0.7% in regular tradingRead More →
Aram Sinnreich recently went grocery shopping at a Whole Foods Market in his hometown of Washington, D.C., and realized he had left his wallet at home. He had no cards and no cash, but he had no reason to worry — at least, not about paying for his food. “IRead More →
The trade-secret theft case that initially captured Silicon Valley’s attention back in 2017 returned as a major criminal action Tuesday, but with much tougher legal standards for the government. On Tuesday, the Justice Department filed an indictment against Anthony Levandowski, charging him with 33 counts of theft and attempted theftRead More →
Dropbox Inc. added two women to its board of directors on Tuesday, the latest push by CEO Drew Houston to diversify leadership at the file-storage company. Lisa Campbell, chief marketing officer at Autodesk Inc. ADSK, +1.63%, and Karen Peacock, chief operating officer at software firm Intercom, joined the 10-person board,Read More →
Getty Images The fountain of eternal youth once sounded like pure science fiction, but now investors are pouring millions into start-ups searching for revolutionary ways to reverse the aging process. The big hope is that they will one day become a reality and turn a profit. On Monday, Juvenescence: TheRead More →
The sudden resignation of Overstock.com Inc. founder and Chief Executive Patrick Byrne takes away a major distraction, but doesn’t solve any issues for the questionable company. Byrne announced his resignation Tuesday morning, a week after he told the world in a corporate news release that he had an affair withRead More →
The heads of nearly 200 U.S. companies said Monday they are committing to a move away from the idea that the main purpose of a company is to maximize shareholder value, marking a break with a long-held conviction. The Business Roundtable, a group of chief executives that was formed toRead More →
The Consumer Financial Protection Bureau is set to eliminate a regulatory loophole that made getting a mortgage more feasible for thousands of Americans. The consumer watchdog agency announced this month that it will allow a temporary provision commonly known as the “qualified mortgage patch” to expire in January 2021 asRead More →
It’s getting harder to generate a good return on your cash. An analysis of Federal Deposit Insurance Corp. data by behavioral economics consulting firm Analyticom found that rates for certificates of deposits (CDs) are falling across the board for the first time in five years. ‘July is a turning pointRead More →
Alexa, stop recording our kids! So charge a pair of lawsuits filed against Amazon AMZN, +0.81% this week, as first reported by the Seattle Times, which allege that the devices are breaking the law in at least eight states by recording children who use the smart speakers without consent. “AlexaRead More →
