Today: September 21, 2024
Today: September 21, 2024

Latest From DEE-ANN DURBIN

Business|Economy

Starbucks reports record Q1 revenue but disappoints Wall Street as customer spending slows

Starbucks reported record revenue in its fiscal first quarter

January 30, 2024
Starbucks reports record Q1 revenue but disappoints Wall Street as customer spending slows
Business|Economy

Pumpkin spice helps Starbucks posts record sales, but growth may moderate in coming year

Customers fell for Starbucks’ fall menu in its fiscal fourth quarter, helping the company achieve record revenue with Pumpkin Spice Lattes and apple croissants

November 02, 2023
Pumpkin spice helps Starbucks posts record sales, but growth may moderate in coming year
Business|Economy

McDonald's pumps brakes on prices as US traffic falls slightly, but Q3 sales beat expectations

McDonald’s said Monday it’s pumping the brakes on higher prices and focusing more on value meals after seeing a drop-off in visits by some customers

October 30, 2023
McDonald's pumps brakes on prices as US traffic falls slightly, but Q3 sales beat expectations
Business|Economy

Coke raises full-year sales forecast after stronger-than-expected 3rd quarter

Coca-Cola is raising its full-year revenue forecast after a stronger-than-expected third quarter

October 24, 2023
Coke raises full-year sales forecast after stronger-than-expected 3rd quarter
Business|Economy

PepsiCo hikes prices by double digits for the 7th consecutive quarter and profits jump 14%

PepsiCo’s revenue rose 7% in the third quarter despite lower demand as the company continued to hike prices

October 10, 2023
PepsiCo hikes prices by double digits for the 7th consecutive quarter and profits jump 14%
Business|Health

Want to buy 'Made in the USA' meat and eggs? A new federal labeling rule might help

Shoppers who want to determine if their meat, eggs and poultry were “Made in the USA” are expected to find the task easier once a finalized federal rule takes effect

March 11, 2024
Want to buy 'Made in the USA' meat and eggs? A new federal labeling rule might help
Business|Economy|Technology

DoorDash orders surge 24% in the third quarter, helping to narrow the delivery app's losses

DoorDash reported better-than-expected sales in the third quarter as it gained users and they ordered more frequently

November 01, 2023
DoorDash orders surge 24% in the third quarter, helping to narrow the delivery app's losses
Economy|Technology

Instacart's IPO surges as the grocery delivery company goes from the supermarket to the stock market

Instacart delivered in its stock market debut

September 19, 2023
Instacart's IPO surges as the grocery delivery company goes from the supermarket to the stock market
Economy|Technology

Instacart sets IPO price at $30 a share, valuing the company at about $10 billion

Instacart has priced its initial public offering of stock at $30 a share, raising $660 million for the grocery delivery company

September 18, 2023
Instacart sets IPO price at $30 a share, valuing the company at about $10 billion
Business|News

Tyson Foods heir suspended as CFO after second alcohol-related arrest

Tyson Foods has suspended a great-grandson of the company’s founder after his arrest on charges of driving while intoxicated

June 13, 2024
Tyson Foods heir suspended as CFO after second alcohol-related arrest
Business|News|Political

Starbucks takes on the federal labor agency before the US Supreme Court

The U.S. Supreme Court is set to hear oral arguments in a case filed by Starbucks against the National Labor Relations Board

April 23, 2024
Starbucks takes on the federal labor agency before the US Supreme Court
Business|News|World

McDonald's buys its Israeli restaurants from franchisee who sparked costly boycotts

McDonald’s is buying its restaurants in Israel from a longtime franchisee, hoping to reset sales that have slumped due to boycotts in the region

April 05, 2024
McDonald's buys its Israeli restaurants from franchisee who sparked costly boycotts
Business|News

Bird flu, weather and inflation conspire to keep egg prices near historic highs for Easter

Egg prices are at near-historic highs in many parts of the world as Easter and Passover approach

March 25, 2024
Bird flu, weather and inflation conspire to keep egg prices near historic highs for Easter
Business|News

To revive stale US sales, candy companies pitch gum as a stress reliever and concentration aid

Gum makers are trying to figure out what will make Americans start chewing again

March 07, 2024
To revive stale US sales, candy companies pitch gum as a stress reliever and concentration aid
Business|News

Starbucks and Workers United, long at odds, say they'll restart labor talks

Starbucks and the union organizing its U.S. workers say they have agreed to begin talks with the aim of reaching labor agreements

February 27, 2024
Starbucks and Workers United, long at odds, say they'll restart labor talks
Business|News

Why does the US government think a Kroger-Albertsons merger would be bad for grocery shoppers?

Two of the biggest grocery chains in the United States had hoped to complete the largest supermarket merger in the country’s history this year

February 27, 2024
Why does the US government think a Kroger-Albertsons merger would be bad for grocery shoppers?
Business|News

US sues to block merger of grocery giants Kroger and Albertsons, saying it could push prices higher

The Federal Trade Commission is suing to block a proposed merger between grocery giants Kroger and Albertsons

February 26, 2024
US sues to block merger of grocery giants Kroger and Albertsons, saying it could push prices higher
Business|News

Date night strike: Thousands of US, UK delivery, ride-hailing drivers stop work on Valentine's Day

Thousands of ride-hailing and delivery workers in the U.S. and the U.K. plan to go on strike on Valentine's Day in an effort to win better pay

February 14, 2024
Date night strike: Thousands of US, UK delivery, ride-hailing drivers stop work on Valentine's Day
Business|News

Chocolates, flowers and procrastination. For many Americans, Valentines Day is a last-minute affair

Valentine's Day is meant to celebrate romance and the depths of feeling we have for loved ones

February 14, 2024
Chocolates, flowers and procrastination. For many Americans, Valentines Day is a last-minute affair
Business|Entertainment|News

Fans raise a red Solo cup to honor Toby Keith, who immortalized the humble cup in song

Red Solo cups are usually synonymous with good times

February 06, 2024
Fans raise a red Solo cup to honor Toby Keith, who immortalized the humble cup in song
Business|News

US unions flexed their muscles last year, but membership rates fall to all-time low

Unions commanded big headlines last year, but that didn’t translate into higher membership numbers, according to government data released Tuesday

January 23, 2024
US unions flexed their muscles last year, but membership rates fall to all-time low
Business|News|World

Starbucks sued by consumer group that calls its claim of ethical sourcing false and misleading

A consumer advocacy group filed a lawsuit against Starbucks Wednesday, saying the company’s claim that its coffee is ethically sourced is false and misleading

January 10, 2024
Starbucks sued by consumer group that calls its claim of ethical sourcing false and misleading
Business|Health|News

Consulting firm McKinsey agrees to $78 million settlement with insurers over opioids

Consulting firm McKinsey and Co. has agreed to pay $78 million to settle claims from insurers and health care funds that its marketing work with Purdue Pharma helped fuel an opioid addiction crisis

December 30, 2023
Consulting firm McKinsey agrees to $78 million settlement with insurers over opioids
Business|News

The secret life of gift cards: Here's what happens to the billions that go unspent each year

Americans are expected to spend nearly $30 billion on gift cards this holiday, according to the National Retail Federation

December 25, 2023
The secret life of gift cards: Here's what happens to the billions that go unspent each year
Business|News

Miljenko 'Mike' Grgich, an immigrant who put Napa Valley on the world's wine map, dies at 100

Miljenko “Mike” Grgich, a celebrated winemaker who helped establish Napa Valley as one of the world’s premier wine-making regions, has died

December 14, 2023
Miljenko 'Mike' Grgich, an immigrant who put Napa Valley on the world's wine map, dies at 100

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