The fast-food chain is the latest in a number of companies that have managed to increase prices without seeing a drop in demand.
Category: Company Reports
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McDonald’s Q3 Earnings: Higher Prices Helped Lift US Sales
The New York Times – Business: -
Shell Reports Earnings of $9.45 Billion, Its Second-Highest Profit
The New York Times – Business:The two European companies reported earnings totaling nearly $20 billion, partly on higher energy prices as Russia’s war in Ukraine continues.
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Credit Suisse Unveils Sweeping Revamp to Revive Its Fortunes
The New York Times – Business:The restructuring includes shrinking its investment bank and raising $4 billion in capital from investors, including a state-owned Saudi bank.
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Ford Lost Money in the Third Quarter as Costs Surged
The New York Times – Business:The automaker is struggling with supply chain problems and wrote off its investment in a self-driving technology business.
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Alaska Airlines Gives Boeing a Big Order With an Eye to Expansion
The New York Times – Travel:The carrier’s decision signals confidence in the 737 Max and in the demand for air travel.
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Microsoft Quarterly Earnings Show Slowest Growth in Five Years
The New York Times – Business:The technology giant faced a strong U.S. dollar and weakening demand for personal computers in its latest financial results.
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GM Reports Increased Profits in Third Quarter Amid High Inflation
The New York Times – Business:General Motors sold more cars in the third quarter after struggling with a shortage of computer chips earlier in the year.
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Coca-Cola Earnings Report Shows Company Raising Prices, Pushing Profits Higher
The New York Times – Business:The soft drink giant’s latest quarterly earnings defied worries about consumer cutbacks amid rising inflation and fragile economic growth.
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G.M. Reports Jump in Profit on Strong Sales
The New York Times – Business:The automaker sold more cars in the third quarter after struggling with a shortage of computer chips earlier in the year.
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Tesla Cuts Prices in China in Sign of Slowing Demand
The New York Times – Business:Shares of the company slumped as investors worried about increasing competition.
