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Carl Icahn’s company stock drops 30% immediately after IEP slashes quarterly dividend in 50 %
Finance

Carl Icahn’s company stock drops 30% immediately after IEP slashes quarterly dividend in 50 %

In this article IEP Comply with your beloved sharesMake Free ACCOUNT Carl Icahn at the 6th yearly CNBC Institutional Investor Offering Alpha Convention on September 13, 2016. Heidi Gutman | CNBC Shares of Carl Icahn’s conglomerate Icahn Enterprises professional a sharp market-off Friday immediately after the agency slashed quarterly dividend in 50 percent amid notable […]

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McDonald’s is creating a spinoff restaurant brand called CosMc’s
Business

McDonald’s is creating a spinoff restaurant brand called CosMc’s

1980s McDonald’s Commercial screenshot featuring CosMc. Source: McDonald’s | YouTube McDonald’s is creating a spinoff restaurant chain called CosMc’s, executives said Thursday. The fast-food giant shared few details about the project during its second-quarter earnings call. “CosMc’s is a small format concept with all the DNA of McDonald’s, but with its own unique personality,” McDonald’s […]

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Stock futures rise on better-than-envisioned GDP, Dow heads for document-tying 14th straight get: Stay updates
World

Stock futures rise on better-than-envisioned GDP, Dow heads for document-tying 14th straight get: Stay updates

Inventory futures rose Thursday with the Dow Jones Industrial Normal headed for a 14-day advance, as traders absorbed a solid GDP number and Meta earnings benefits. Dow Jones Industrial Common futures additional 98 factors, or .27%. Futures linked to the S&P 500 have been .78% bigger although Nasdaq-100 futures climbed 1.42%. Gross domestic products confirmed […]

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Stocks making the biggest moves premarket: Southwest Airlines, Meta Platforms, Align Technology, EBay and more
Finance

Stocks making the biggest moves premarket: Southwest Airlines, Meta Platforms, Align Technology, EBay and more

A Southwest Airlines aircraft at a gate at AustinBergstrom International Airport (AUS) in Austin, Texas, US, on Thursday, Feb. 16, 2023.  Jordan Vonderhaar | Bloomberg | Getty Images Check out the companies making headlines in early morning trading. Southwest Airlines — The carrier slid 6% premarket after reporting a mixed financial update early Thursday. Southwest […]

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McDonald’s is about to report earnings. Here’s what to expect
Business

McDonald’s is about to report earnings. Here’s what to expect

In an aerial view, a sign is posted in front of a McDonald’s restaurant on April 03, 2023 in San Pablo, California. Justin Sullivan | Getty Images McDonald’s is expected to report its second-quarter earnings before the bell Thursday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting: Earnings per share: $2.79 expected Revenue: […]

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Earnings playbook: Alphabet and Common Motors lead off a occupied 7 days of studies
World

Earnings playbook: Alphabet and Common Motors lead off a occupied 7 days of studies

This 7 days could be make or split for earnings period. Approximately 150 S & P 500 companies are slated to report, together with Common Motors, Microsoft and Alphabet. Individuals success will arrive as the broader U.S. inventory marketplace carries on its march bigger the S & P 500 is up 18% calendar year to […]

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India’s tomato charges surge more than 300%, sparking theft and turmoil
World

India’s tomato charges surge more than 300%, sparking theft and turmoil

A seller arranging tomatoes at a wholesale vegetable sector in Kolkata. Tomato rates surged 366.86% from 26.76 rupees for each kg at the start out of the yr to 108.92 rupees per kg as of July 11. Nurphoto | Nurphoto | Getty Visuals India is facing a tomato crisis as costs have skyrocketed much more […]

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Inside Sweetgreen’s first automated location — and the salad chain’s plans to take the tech nationwide
Business

Inside Sweetgreen’s first automated location — and the salad chain’s plans to take the tech nationwide

In early May, Sweetgreen opened its first automated location, in the Chicago suburb of Naperville, Illinois. After only a few weeks operating the restaurant, the salad chain is preparing to go all in on the technology to cut labor costs and improve the customer experience. But in the early days of the automation trial, only […]

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Burger King-parent says U.S. turnaround is already improving profits for franchisees
Business

Burger King-parent says U.S. turnaround is already improving profits for franchisees

Burger King’s plan to revive its U.S. business is already showing signs of improved franchisee profitability, on top of stronger sales. “We’ve moved sales back in the right direction, but we’ve already started to move franchise profitability meaningfully higher,” Josh Kobza, CEO of parent company Restaurant Brands International, told CNBC. Restaurant Brands also owns Popeyes […]

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How restaurants such as Panera and Chipotle are dipping into A.I. to streamline food prep and ordering
Business

How restaurants such as Panera and Chipotle are dipping into A.I. to streamline food prep and ordering

From drive-thru to back-of-house operations to predictive ordering for consumers, restaurant brands are starting to pilot artificial intelligence to streamline food service. The technology has yet to reach critical mass at major chains but has the potential to automate more tasks and give restaurant workers the opportunity to have a more meaningful experience with guests. […]

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