McDonald's franchisees are worried the company's new grading system will alienate workers
McDonald's is rolling out a new grading system for its restaurants and tensions are boiling over for some owner-operators.
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U.S. licenses key Covid vaccine technology to WHO so other countries can develop shots
The license would help the World Health Organization work with manufacturers around the world to produce their own Covid-19 vaccines.
Alphabet CEO Sundar Pichai on inflation, investing in growth and free speech on the internet
Google's Sundar Pichai signaled that a sluggish economy could present more obstacles for the internet giant, whose shares have slumped this year.
Ron Insana says this is a bear market that anyone could have seen coming
We should be calling this bear market is risk assets, "the inverse Gump," because, quite simply, we always knew what we were going to get.
Boeing considers redesigning problematic valve that has kept Starliner from flying NASA astronauts
Boeing is examining whether to redesign the propulsion valves on its Starliner crew capsule, a system has already kept the company from flying astronauts.
U.S. airline bookings dropped 17% in April as flights got even more expensive
Domestic fares continued to surpass 2019 levels due to a rebound in demand and more expensive fuel this year.
Rivian is recalling about 500 of its electric pickups for a child-safety defect
Affected vehicles may not properly disable the airbag when a child is in the front seat.
SoftBank plans to keep majority stake after Arm IPO and wants to list the firm as soon as possible
Japanese tech conglomerate SoftBank intends to keep a majority stake in U.K. chip designer Arm when it lists the company through an initial public offering.
Democratic Sen. Manchin joins GOP to block abortion rights bill that would codify Roe v. Wade
The vote to codify the Roe v. Wade abortion rights decision appeared designed more to spur enthusiasm among Democratic voters ahead of the midterm elections.
Inflation barreled ahead at 8.3% in April from a year ago, remaining near 40-year highs
Inflation as gauged by the consumer price index was expected to rise 8.1% year over year in April, according to Dow Jones estimates.
AG Garland directs U.S. Marshals to help 'ensure the Justices' safety' after leaked Supreme Court abortion draft
Garland's order came after the leak of a draft opinion overturning Roe v. Wade stoked fierce outrage from abortion-rights supporters.
WHO says omicron BA.4 and BA.5 subvariants have spread to over a dozen countries
Another omicron subvariant called BA.2.12.1 has been detected in 23 countries, including the U.S., according to WHO.
Beyond Meat shares tumble after jerky launch leads to wider-than-expected loss
Beyond Meat reported a wider-than-expected loss for its first quarter as it offered steeper discounts and cheaper prices to international consumers.
Disney may need to tell investors a new story as company warns of softer streaming growth
Disney prides itself on storytelling, but it may need to tell a new story to investors.
Lina Khan's FTC can finally move forward with its progressive agenda after Senate confirms fifth commissioner
The Senate confirmed President Joe Biden's nominee to the Federal Trade Commission, Alvaro Bedoya, breaking a deadlock between Democrats and Republicans.
Lordstown Motors closes $230 million deal to sell its Ohio factory to Foxconn, injecting needed cash days before deadline
The sale of Lordstown's factory to Foxconn gives the struggling EV start-up a critical financial lifeline.
Cushman & Wakefield appeals subpoenas order in Trump Organization probe by New York attorney general
As Cushman & Wakefield appealed, a judge conditionally lifted a contempt of court finding against Donald Trump related to a subpoena for other documents.
10-year Treasury yield dips back below 3% after hotter-than-expected inflation data
The 10-year U.S. Treasury yield fell on Wednesday following the release of key inflation data.
Coinbase shares dive 26% after revenue miss
The company said revenue fell 27% from the year-ago period, and usage on Coinbase declined from the fourth quarter.
Roblox stock closes up after initial earnings dip
Roblox reported fewer users in its first quarter than Wall Street expected.
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