Articles filed under Bloomberg
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McDonald’s to restore Quarter Pounders after E. coli scareOct 28, 2024 11:10 am - McDonald’s Corp. says Quarter Pounders will return to menus at all restaurants this week after ruling out beef patties as the source of a multistate E. coli outbreak.
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Polarizing pipeline law is on the ballot in major corn stateOct 25, 2024 8:25 am - A proposed $8.9-billion carbon-capture pipeline that has polarized the U.S. Corn Belt is facing one of its biggest obstacles yet: Election Day. When South Dakota voters c...
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US extends 25% semiconductor tax credit to chip and solar wafersOct 22, 2024 8:36 am - The Biden administration finalized rules for a 25% tax credit for semiconductor manufacturing projects, expanding eligibility for what is likely to be the largest incenti...
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Walgreens to close 14% of U.S. stores to offset weak demandOct 15, 2024 10:04 am - Deerfield-based Walgreens drugstore chain said Tuesday it will shutter around 1,200 outlets over the next three years, with 500 closures slated for 2025.
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Frustrated with your boss? Blame inflation.Oct 13, 2024 6:00 am - As a general matter, workers hate asking for a raise. It’s time-consuming, awkward and even risky. Should you shop around for an outside offer to gain leverage? What’s t...
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Swing-state consumers hurt more than most in credit card squeezeOct 13, 2024 6:00 am - Household finances all over the U.S. are feeling the pressure of high borrowing costs, and swing-state voters rank among the harder hit. Credit card delinquencies are run...
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Retailers have no room for error this holidayOct 06, 2024 7:00 am - With interest rates lower, inflation collapsing and wages rising faster than prices, there’s potential for a very happy holiday for U.S. retailers. But it’s not time to c...
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Starbucks buys research farms as climate change threatens coffee supplyOct 03, 2024 9:41 am - Starbucks Corp. is buying two new research farms that will test everything from drones to microbes as it seeks to make coffee more resilient to climate change, which alre...
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Morgan Stanley warns of 70,000 US monthly jobs hit from Trump tariffsOct 01, 2024 8:31 am - Morgan Stanley economists estimated that implementation of Republican tariff-hike proposals would drive up inflation and impose a hit to US economic growth that undercuts...
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US debt dynamics ‘inconsistent with a AAA rating,’ Moody’s saysSep 24, 2024 7:06 am - The next U.S. administration “must grapple with widening budget deficits,” warned Moody’s Ratings in a report published Tuesday, nearly a year after it announced a negative outlook for the country’s sovereign credit profile.