Restaurants Archives - GroYourWealth.com

Starbucks Hit by Higher Costs for Wages and Supplies, but U.S. Demand Is Strong

Admin3 August 2022

Starbucks Corp. SBUX -1.41% said higher spending on labor and other inflationary pressures weighed on income in its most recent quarter but added that U.S. customer demand is strong.The Seattle-based...

Business

The Popular Chicken Sandwich Gets a Redo at Panera Bread, Popeyes

Admin1 August 2022

Whatever you come in hoping to eat, restaurants want it to be chicken.Big chains are advertising it, cooking up new flavors and pushing poultry hard at the register in these...

Business

Starbucks, Uber, CVS to Report Earnings Amid Shrinking Economy

Admin30 July 2022

About 30% of S&P 500 companies are slated to report earnings in the coming week, according to FactSet. Two Dow Jones Industrial Average components—construction-equipment company Caterpillar Inc. and biotechnology company...

Business

JPMorgan Is Building a Giant Travel Agency

Admin30 July 2022

For the past 18 months, the nation’s biggest bank has been assembling the pieces to launch a full-service travel business where customers can plan and book trips ranging from a...

Business

McDonald’s Revenue Down 3% on Russia Exit, Weaker Euro

Admin26 July 2022

McDonald’s MCD -1.42% Corp. said revenue ticked down in the second quarter, dragged lower by fewer sales at its company-operated restaurants amid the closure of its locations in Russia and...

Business

Whirlpool Cuts Profit Outlook, Reports Loss From Sale of Russian Business

Admin26 July 2022

Whirlpool Corp. WHR -1.86% said it lost $371 million in the second quarter stemming from the appliance maker’s exit from its business in Russia and cut its profit outlook for...

Business

Walmart Cuts Profit Outlook as It Lowers Prices to Move Goods

Admin26 July 2022

Walmart Inc. WMT -0.14% warned that higher prices for food and fuel were causing consumers to pull back, an ominous sign for the U.S. economy that has relied on resilient...

Business

Apple, Amazon, Meta Highlight Tech-Heavy Earnings Week

Admin23 July 2022

A little more than one-third of S&P 500, or 175 companies, are scheduled to report earnings in the coming week, according to FactSet. The list includes 12 members of the...

Business

Macau Casinos to Reopen Saturday After Covid-19 Shutdown

Admin21 July 2022

Casinos in the gambling hub of Macau will be allowed to reopen Saturday after a nearly two-week shutdown amid a Covid-19 outbreak, according to the government.The citywide lockdown that began...

Business

Supermarkets, Restaurants Hire Security, Limit Hours to Combat Crime

Admin17 July 2022

Restaurants and grocery stores said they are revamping operations in response to crime, with some operators limiting hours, spending more on security and closing stores entirely. Starbucks Corp. last week...