McDonald's leadership is urging operators to stay the course on value offerings as the competition for consumers plays out across the restaurant space. In a memo to U.S. operators following the company's third-quarter earnings, McDonald's U.S. President Joe Erlinger said the brand was "moving in the right direction" as it continues a more-than-yearlong push on value."Amid industry pressures, dynamic change, and aggressive competition, winning the fight for contracting traffic means staying customer-obsessed ...

Impostors posing as Wells Fargo reps over the phone were so convincing that Tampa resident Moses Harmon almost fell for their scam, ready to withdraw $15,000 and hand it over. In fact Harmon, who runs a landscaping business, had reached the point that he was standing in front of a teller at his local Wells Fargo branch. But as he shared with Tampa Bay 28’s investigative team, something didn’t feel right. Must Read The scammers he’d been speaking with on the phone told him to keep his phone turned on so ...

The Ford Lightning is seen at the New York International Auto Show on April 16, 2025.DETROIT — Ford Motor is reportedly considering ending production of its all-electric F-150 Lightning pickup truck amid mounting losses and more challenging market conditions for EVs.The Wall Street Journal first reported the talks Thursday, adding they are ongoing and nothing has been finalized. A source familiar with Ford's product strategy confirmed to CNBC that the company has been evaluating its future EVs amid the comp ...

Well, we are seeing futures now turn a little bit weaker this morning. It has been a choppy week for stocks with the sell-off in tech earlier in the week and then a bit of a recovery. Our next guest does expect markets to resume rally mode and he's upped his S&P 500 target through the end of the year.Let's bring in Jonathan Gallib, Seport Research Partners managing director and chief equity strategist. John, it's great to see you. Thank you so much for being here.>> Thanks, Julie. >> So, I was doing the mat ...

Rick Worester, president, CEO, Charles Schwab. Thank you for being with us here at Schwab Impact. Uh, it's huge. It's the biggest ever. >> It is our biggest ever. It's so great to see the enthusiasm here, the spirit of helping clients. Uh, this industry's grown so much and the fact that we've got a record audience here is testament to that. >> It's been incredible. We've had so many great guests and conversations. But I want to start with the big news of Charles Schwab and that is the acquisition of Forge G ...

Iraq Prime Minister Mohammed Shia Al Sudani has directed his ministry to halt imports of middle distillates such as gasoline, diesel and kerosene, claiming his country has achieved self-sufficiency through increased oil production coupled with ongoing additions of refining capacity.  Iraq has ramped up oil production and exports, partly through the success of its Nasiriyah field as well as increased production quotas within the OPEC+ agreement. Specifically, production at the Nasiriyah field has increased ...

The Bitcoin treasury boom is slowing down. Public companies added just 14,400 Bitcoin worth about $1.4 billion to their balance sheet in October, the lowest monthly total of 2025 and a sharp, 63% drop from September’s 38,035 Bitcoin, according to data compiled by BitcoinTreasuries.net. Private companies added even less — about 3.5 Bitcoin for the month. The dramatic slowdown comes as the premium that made Bitcoin treasuries attractive to investors has collapsed. Strategy’s mNAV — the ratio between its ...

Comcast has retained financial advisors and gained access to financial information as it explores a bid for Warner Bros Discovery's studio and streaming businesses, according to four sources familiar ... ...

Key Points Michael Burry's investment fund bought put options on Nvidia and Palantir stock in the third quarter. AI stocks account for a sizeable share of the overall market right now. Nvidia and Palantir stocks both trade at expensive valuations. 10 stocks we like better than Palantir Technologies › Is there an artificial intelligence (AI) bubble? Is it about to burst? It appears that famed investor Michael Burry thinks so. Burry, who became famous as the subject of the Michael Lewis book and s ...

The Cleveland Fed president worries more about inflation than a cooling labor market. ...