Posted inCompany Reports Consumer Behavior Fast Food Industry McDonald's Corporation McDonald’s Q3 Earnings: Higher Prices Helped Lift US Sales The fast-food chain is the latest in a number of companies that have managed to increase prices without seeing a drop in demand. Posted by By Isabella Simonetti
Posted inCompany Reports Corporate Taxes Great Britain Oil (Petroleum) and Gasoline Shell Plc Total SA van Beurden, Ben Shell Reports Earnings of $9.45 Billion, Its Second-Highest Profit The two European companies reported earnings totaling nearly $20 billion, partly on higher energy prices as Russia’s war in Ukraine continues. Posted by By Stanley Reed
Posted inBanking and Financial Institutions Company Reports Credit Suisse Group AG Klein, Michael S Korner, Ulrich Switzerland Credit Suisse Unveils Sweeping Revamp to Revive Its Fortunes The restructuring includes shrinking its investment bank and raising $4 billion in capital from investors, including a state-owned Saudi bank. Posted by By Michael J. de la Merced
Posted inAdvertising and Marketing Company Reports Computers and the Internet Facebook Inc Google Inc Meta Platforms Inc Microsoft Corp Online Advertising Social Media Stocks and Bonds United States Economy Tech’s Biggest Companies Are Sending Worrying Signals About the Economy A series of quarterly earnings reports is showing that even Silicon Valley’s most powerful companies are feeling the impact of inflation and rising interest rates. Posted by By Tripp Mickle