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Carnival reported better-than-expected first-quarter fiscal 2014 results before markets opened Tuesday morning, but also offered soft guidance, and shares fell in early trading.
Starbucks has been testing alcohol sales at some 40 of the company's 11,500 U.S. stores, and the coffee purveyor said it is ready now to begin rolling out an evening menu of light snacks and alcohol.
Hertz Global Holdings reported disappointing fourth-quarter and full-year 2013 results before markets opened Tuesday morning. The company also announced the spin-off of its equipment rental business.
News that Hertz Global Holdings will spin off its construction equipment rental business pleased investors, who pushed shares sharply higher after the opening bell Monday. Details of the deal could...
Workers in California, Michigan and New York have filed class-action lawsuits against McDonald's and several franchise owners alleging wage theft, ranging from failure to pay overtime to depriving...
Vornado Realty Trust apparently is looking for any avenue it can to generate more value for its shareholders. The New York-based commercial landlord reportedly is considering a spin-off of its...
Due to its greater reach along the U.S. East Coast arising from its recent merger with US Airways, American Airlines said Monday that it has ended its inline agreements with JetBlue Airways. It also...
In a near repeat of January's results, February same-store sales for McDonald's U.S. stores fell and the company's global sales were rescued by sales in Europe. McDonald's shares were down...
Wikimedia CommonsWhen McDonald’s Corp. (NYSE: MCD filed its Form 10-K with the U.S. Securities and Exchange Commission on Thursday, the company listed a new risk factor to its business. The company...
In the wake of recent high-profile data breaches, Visa and MasterCard said Friday that they have formed a new group aimed at improving payment system security. The new group will include banks,...
Less than three months after its rebirth, American Airlines is on pace for a record annual profit estimated at $3.5 billion putting it ahead of rivals Delta Air Lines and United Continental.
ThinkstockClosed-end, non-diversified investment firm TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) offered 8.33 million shares in an initial public offering (IPO) Thursday morning at a price of...
Activist investor Carl Icahn has "not yet begun to fight" according to his latest open letter to the shareholders of eBay. His impetus was an investor survey that showed 55% of respondents support a...
UPS announced Wednesday morning that it will purchase 1,000 propane-fueled package delivery trucks and install 50 propane fueling stations at a cost of around $70 million. But UPS may not save a lot...
Research firm J.D. Power evaluated 600 brands across nine industries and came up with a list of 50 2014 Customer Champions. The list includes seven health care companies, two airlines and four car...