Burger King drives Restaurant Brands’ profit beat
(Reuters) – Restaurant Brands International Inc’s quarterly profit topped Wall Street estimates, driven mainly by higher sales at its Burger King chain.
Dow cracks 22,000, Apple hits record high
(Reuters) – The Dow climbed above the 22,000 mark for the first time on Wednesday, buoyed by Apple’s healthy quarterly iPhone sales, while weakness in other tech stocks held back the Nasdaq and S&P 500.
‘Wonder Woman’ helps Time Warner beat estimates as ad sales dip
(Reuters) – Time Warner Inc reported higher-than-expected quarterly profit on Wednesday as revenue from box office hit “Wonder Woman” helped offset declining ad revenue.
Mondelez appoints Dirk Van de Put to succeed Irene Rosenfeld as CEO
(Reuters) – Oreo cookies maker Mondelez International Inc said it appointed Dirk Van de Put, the chief executive of Canadian frozen foods maker McCain Foods, to take over the top job from Irene Rosenfeld.
Apple hits record high, powers Dow past 22,000
(Reuters) – Apple Inc’s surprisingly strong quarterly results and forecast pushed the iPhone maker’s shares to a record high, helping the Dow Jones Industrial Average breach the 22,000 mark for the first time ever.
U.S. bosses throw weight behind new drive to court India
NEW DELHI (Reuters) – Top U.S. bosses are backing a new effort to build strategic ties with India, following Prime Minister Narendra Modi’s recent first meeting with President Donald Trump.
Israeli taxman seeks $45 million from Coca Cola over royalties: report
JERUSALEM (Reuters) – Israel’s Tax Authority wants Coca-Cola to pay some 160 million shekels ($45 million) in taxes on royalties that the global beverage giant receives from its local franchise for use of the brand name in Israel, local newspapers repo…
Austria investigating two companies related to VW scandal
VIENNA (Reuters) – Two companies and their bosses are under investigation in Austria for suspected serious fraud, environmental offences and financial crimes in relation to the Volkswagen emissions scandal, a spokeswoman for economic and corruption pro…
How Toshiba’s sale of $18 billion chip unit stalled, and what’s next
TOKYO (Reuters) – Japanese conglomerate Toshiba Corp’s talks to sell its prized memory chip business have stalled, raising concerns over how fast the company can plug a multi-billion-dollar balance sheet hole left by the collapse of its U.S. nuclear bu…
CME sees dollars in data sales, but struggles to grow
NEW YORK (Reuters) – CME Group Inc, the world’s biggest exchange operator by market value, is looking to the lucrative business of selling data to boost revenue, spawn new financial products, and change the way many futures contracts trade.
