A Popeyes restaurant is seen on in Washington D.C. Eric Baradat | AFP | Getty Images The return of Popeyes’ chicken sandwich helped parent company Restaurant Brands International top analysts’ expectations for its quarterly earnings and revenue. Shares of the company jumped nearly 4% in premarket trading on Monday. Here’s what the company reported compared
admin
A volunteer measures a passenger’s body temperature. In light of a coronavirus outbreak in China, Hong Kong district councillors and residents formed makeshift quarantine stations, screening passengers arriving from China, Feb. 4, 2020. Willie Siau | SOPA Images | LightRocket | Getty Images Concern about the coronavirus is weighing heavily on the outlook for first
As big endowment funds face mounting pressure to reduce their exposure to the fossil fuel industry, there’s one thing making their decision easier: the energy sector’s underperformance. In the last ten years, the S&P energy sector gained just 1% as low oil prices, high operational costs and shifting consumer sentiment set off a wave of
Guido Mieth | DigitalVision | Getty Images About 40% of older Americans rely exclusively on Social Security for retirement income, according to recent research from the National Institute on Retirement Security. It’s an attention-grabbing statistic. And one expert in particular, Andrew Biggs, resident scholar at the American Enterprise Institute, finds it hard to believe. Much of
“Parasite” producers Kwak Sin-ae (L) and Bong Joon-ho (R) accept the award for Best Picture for “Parasite” during the 92nd Oscars at the Dolby Theatre in Hollywood, California on February 9, 2020. MARK RALSTON For the first time ever a non-English language film has won the best picture Oscar at the Academy Awards. On Sunday,
The 92nd Oscars® broadcasts live on Sunday, Feb. 9,2020 at the Dolby Theatre® at Hollywood & Highland Center® in Hollywood and will be televised live on The ABC Television Network at 8:00 p.m. EST/5:00 p.m. PST. Eric McCandless The 92nd annual Academy Awards marks the end of a shorter-than-normal award season on Sunday night. The
A Chinese man wears a protective mask as he walks during a snowfall in an empty and shuttered commercial street on February 5, 2020 in Beijing, China. Kevin Frayer | Getty Images This is a live blog. Please check back for updates. All times below are in Eastern Standard Time. Total confirmed cases: 37,592 Total
Lachlan Murdoch Getty Images Fox Corporation said breaking news coverage of the impeachment hearings for president Donald Trump was part of the reason its cable ad revenue fell 5% in its second quarter. Shares in the company, which reported earnings for the quarter ending on Dec. 31 on Tuesday, were up 3% in extended-hours trading
Kathrin Ziegler | Getty Images There is a lot you can get done in a half-hour. Binge your favorite sitcom, take a nap or finish a chapter of a book. You can also take the first step to financial independence in under 30 minutes. Do you know your net worth? You don’t have to be
A new client recently told us that he didn’t want to own Boeing. He did not cite the two planes that crashed or Boeing’s enormous consumption of fossil fuels. His primary concern was the integrity of its management. We mentioned that a new management has taken over the company, but he responded that that there
Ryan Reed became a technical support specialist at IBM after graduating last year from the tech firm’s apprenticeship program. Photo credit: IBM. Ryan Reed was having a tough time. The 38-year-old, a resident of Raleigh, North Carolina, had been trying for months to land a job in technology, a passion dating to his days as
A Chevrolet Equinox SUV is seen on the production line at SAIC-GM Wuhan Manufacturing Plant on April 7, 2017 in Wuhan, China. VCG | Getty Images The coronavirus extending factory shutdowns in China is the latest problem for increasingly “dangerous days” for the Detroit automakers in the world’s largest vehicle market. General Motors last year
A monitor displays Peloton Interactive Inc. signage during the company’s initial public offering (IPO) across from the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 26, 2019. Michael Nagle | Bloomberg | Getty Images Peloton shares plummeted as much as 12% in extended trading Wednesday after the fitness company reported mounting losses and slower
A worker inspects an order at a JD.com delivery station in Yizhuang, Beijing, amid the coronavirus outbreak. Hilary Pan | CNBC BEIJING — More people are stuck at home in China as they wait out the coronavirus outbreak, giving some delivery and e-commerce companies an opportunity, even as they try to manage the risks of
A Tesla Model S is displayed during the London Motor and Tech Show at ExCel on May 16, 2019 in London, England. John Keeble | Getty Images News | Getty Images Tesla’s valuation has soared well past other automakers, even those which produce millions more cars each year, causing Morgan Stanley to take a look
You probably know that most experts caution against trying to time the stock market. Yet, if you think there’s trouble ahead, could moving entirely to cash ever be a good idea? Financial advisors typically offer an emphatic no. Some, though, offer a caveat. “If you have all the money you’ll ever need, and don’t need
Alexandru Mitrita #28 of New York City tries to work his way around Toronto FC defenders during 2019 MLS Cup Major League Soccer Eastern Conference Semifinal match between New York City FC and Toronto FC at Citi Field on October 23, 2019 in the Flushing neighborhood of the Queens borough of New York City. Ira
A 2020 Toyota Highlander goes down the line at the automaker’s plant in southern Indiana. Toyota Toyota Motor nudged up its annual operating profit forecast by 4.2% on favorable currency rates and better-than-expected sales, but added the impact of the new coronavirus was hard to gauge and had not yet been factored in. Automakers have
Canada Goose (GOOS) – The outerwear maker reported better-than-expected profit and revenue for its fiscal third quarter, but also said the coronavirus outbreak is having a “material negative impact” during the current quarter. The company did add that no supply chain interruptions have occurred as a result of the virus. Hanesbrands (HBI) – The underwear
A customer pushes a cart of outdoor items past a membership desk at a Costco Wholesale Corp. store in Naperville, Illinois. Daniel Acker | Bloomberg | Getty Images (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief click here ) The deadly coronavirus continues