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Category: Business

A McDonald's Quarter Pounder hamburger and coke, are seen in an illustration picture taken in New York City, U.S., October 24, 2024. REUTERS/Brendan McDermid/File Photo

McDonald’s E. Coli Outbreak Could Worsen Near-Term Sales Decline

McDonald’s investors will look for signs of near-term sales disruption from the recent E. coli outbreak when it reports third-quarter results

Read More McDonald’s E. Coli Outbreak Could Worsen Near-Term Sales Decline
Boeing workers from the International Association of Machinists and Aerospace Workers District 751 gather on a picket line near the entrance to a Boeing production facility on the day of a vote on a new contract proposal during an ongoing strike in Renton, Washington, U.S. October 23, 2024. REUTERS/David Ryder/File Photo

Union’s rejection of Boeing offer threatens jobs at aerospace suppliers

Striking workers’ rejection of planemaker Boeing’s latest contract offer has created a fresh threat to operations at aerospace suppliers such as family-run Independent Forge.

Read More Union’s rejection of Boeing offer threatens jobs at aerospace suppliers
Signage for a job fair is seen on 5th Avenue after the release of the jobs report in Manhattan, New York City, U.S., September 3, 2021. REUTERS/Andrew Kelly/File Photo

US weekly jobless claims fall; continuing claims hit highest level in three years

New applications for U.S. unemployment aid unexpectedly fell last week, but the number of people collecting benefits in mid-October was the highest in nearly three years.

Read More US weekly jobless claims fall; continuing claims hit highest level in three years
The Federal Reserve building stands in Washington April 3, 2012. REUTERS/Joshua Roberts/File Photo

US Fed Board disciplined nine staff for sexual harassment in 2020-2023, document shows

The Federal Reserve Board received 11 complaints alleging sexual harassment between 2020 and 2023 and disciplined nine staff members as a result, firing four.

Read More US Fed Board disciplined nine staff for sexual harassment in 2020-2023, document shows
A trader works on the trading floor at The New York Stock Exchange (NYSE) following the Federal Reserve rate announcement, in New York City, U.S., September 18, 2024. REUTERS/Andrew Kelly/File Photo

Wall Street tumbles as yields jump; Verizon slides

U.S. stock indexes sagged on Tuesday as rising Treasury yields impacted rate-sensitive sectors, while investors evaluated earnings to assess the health of American companies.

Read More Wall Street tumbles as yields jump; Verizon slides
Morgan Stanley CEO James Gorman attends the Reuters NEXT Newsmaker event in New York City, New York, U.S., December 1, 2022. REUTERS/Brendan McDermid/File Photo

Disney to name CEO Bob Iger’s replacement in 2026, taps Morgan Stanley’s Gorman as chair

Walt Disney named Morgan Stanley veteran James Gorman as chair and said it would announce a replacement for CEO Bob Iger in early 2026.

Read More Disney to name CEO Bob Iger’s replacement in 2026, taps Morgan Stanley’s Gorman as chair

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A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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