McDonald’s earnings beat estimates as U.S. traffic grows despite price hikes
Shares of McDonald’s have risen 11% this year, giving it a market value of $214 billion.
Microsoft-backed tech group pushes for A.I. regulation: Here’s what it’s suggesting
“We’re an industry group that wants Congress to pass this legislation,” said Craig Albright, vice president of U.S. government relations at BSA.
Amazon delivery drivers in Southern California join Teamsters union
Delivery drivers at an Amazon facility in Southern California have joined the Teamsters union.
NBCUniversal faces a set of company-defining decisions as CEO Jeff Shell departs
NBCUniversal must make decisions on Hulu, sports rights and a potential merger with Warner Bros. Discovery without CEO Jeff Shell.
CNN fires anchor Don Lemon in the wake of sexist comments, reported mistreatment of colleagues
CNN anchor Don Lemon’s departure is the latest high-profile media exit after Tucker Carlson left Fox News and Jeff Shell parted ways with NBCUniversal.
Democrats warn large tech firms could evade competition policies under new trade rules
A coalition of business groups previously told the Biden administration that “securing high-standard digital trade rules” was “among the highest priorities.”
Supreme Court deals blow to oil companies by turning away climate cases
Decision means lawsuits filed by municipalities seeking to hold companies liable for harms caused by carbon emissions can move forward in state court.
More states offer personal finance courses, but most students don’t have to take the class
As more states add financial education to public high school curricula, there’s no guarantee schools will offer a dedicated course or students will take it.
Johnson & Johnson consumer health unit valued at $40 billion ahead of IPO, report says
J&J’s consumer health unit Kenvue aims to raise $3.5 billion or more in the initial public offering, sources told The Wall Street Journal.
