DoorDash Defies U.S. Delivery Slowdown With Strong Q3
DoorDash defied an overall slowdown in U.S. restaurant delivery in the third quarter.
DoorDash defied an overall slowdown in U.S. restaurant delivery in the third quarter.
Starbucks’ revenue rose 3% to a record $8.41 billion in its fiscal fourth quarter as U.S. customers shrugged off higher prices on frothy drinks and snacks.
The punishment has been extreme so far this earnings reporting season when companies report profits and sales that fall short of expectations.
Applications for jobless benefits fell slightly last week with the U.S. job market remaining resilient in the face of rising interest rates and persistent inflation.
Supply problems have again forced Moderna to delay some COVID-19 vaccine deliveries, a move that surprised Wall Street and contributed to a disappointing third quarter.
The average long-term U.S. mortgage rate dipped back under 7% this week, one day after the Federal Reserve raised its benchmark borrowing rate to its highest level in 15 years as it tries to squelch four-decade high inflation.
Ford Motor Co.’s top quality executive is retiring as the company continues to struggle with high warranty claims and reliability issues.
The attorneys general of California, Illinois and the District of Columbia are suing Albertsons to stop the grocery chain from paying nearly $4 billion to its shareholders.
The devastating effects of COVID-19 lockdowns in China overshadowed a strong quarter at Estee Lauder and shares y are tumbling in early trading.
CVS Health booked a third-quarter loss of more than $3 billion after setting aside money for a potential opioid litigation settlement but still beat expectations and raised its 2022 forecast.