A new Burger King restaurant under construction in Tortosa, Spain, following the current expansion of Restaurant Brands International Inc. - the parent company of BK- in new and existing markets. Joan Cros | NurPhoto | Getty Images Restaurant Brands International on Tuesday reported quarterly revenue that missed analysts' expectations as...
Boeing machinists end strike after approving labor contract with 38% wage increases
Members of the International Association of Machinists and Aerospace Workers District 751, embrace at a union hall after learning that union members voted to approve a new contract proposal from Boeing in Seattle, Washington, U.S. November 4, 2024. REUTERS/David Ryder Boeing machinists approved a new labor deal Monday, ending...
China’s Hisense aims to become the No. 1 TV company in the U.S. within 2 years, top executive says
BEIJING — Chinese home appliance company Hisense aims to become the No. 1 seller of television sets in the U.S. in about two years, Catherine Fang, president of Hisense International, told CNBC in an exclusive interview Monday. In its bid to boost its brand in the U.S., the company last...
Top Wall Street execs are getting skeptical on the Fed’s easing path
RIYADH, Saudi Arabia — Major Wall Street CEOs see ongoing inflation pressures in the U.S. economy and aren't convinced that the Federal Reserve will continue its rate-easing path with a further two reductions this year. The Fed cut its benchmark rate by 50 basis points in September, indicating a turning point in its management...