McDonald’s tests custom burger program with drive-thru option
LOS ANGELES (Reuters) – McDonald’s Corp , working to revive U.S. sales amid fierce competition, is testing “TasteCrafted,” a more modest version of its custom sandwich program that will cost franchisees less to install and can be offered through drive-…
Turner, HBO help Time Warner beat Street view
(Reuters) – Time Warner Inc reported quarterly profit and revenue above analysts’ expectations, boosted by higher advertising and subscription revenue at its Turner division and Home Box Office network.
Twitter’s growth seen hinging on luring advertisers
(Reuters) – Twitter Inc’s slowing revenue and user growth has raised further doubts about its ability to entice advertisers to spend more on its platform – at least in the near term.
Time, and oil prices, ticking for Shell-BG deal
LONDON (Reuters) – Rising oil prices are putting Royal Dutch Shell under pressure to execute its landmark $70 billion deal to buy rival BG as soon as possible before investors in BG start to take a more critical look at the terms.
Contracts for U.S. home sales at highest level since June 2013
WASHINGTON (Reuters) – Contracts to purchase previously owned U.S. homes rose in March to their highest level since 2013, a positive sign for the U.S. housing market amid expectations it is emerging from a soft patch.
Lower costs help MasterCard handily beat profit estimates
(Reuters) – MasterCard Inc , the world’s No. 2 debit and credit card company, reported a better-than-expected quarterly profit as costs fell and shoppers spent more on its cards.
Profit beat wins VW respite after boardroom clash
BERLIN (Reuters) – Cost cutting and an improving European car market helped Volkswagen beat first-quarter profit forecasts, easing the pressure on management following the shock ouster of long-standing chairman Ferdinand Piech.
Ford recalls over 591,000 vehicles for steering, other problems
DETROIT (Reuters) – Ford Motor Co said on Wednesday it is recalling more than 591,000 vehicles in North America for four separate problems, including possible broken bolts that could make steering more difficult.
Health insurer Anthem’s profit beats as Medicaid enrollments rise
(Reuters) – Anthem Inc , the second-largest U.S. health insurer, reported a better-than-expected quarterly profit, helped by rise in memberships for government plans, particularly Medicaid.
Stock futures down ahead of Fed statement, GDP data
(Reuters) – U.S. stock index futures were lower on Wednesday as investors await the outcome of the two-day Federal Reserve meeting and ahead of U.S. economic growth numbers for the first quarter.
