McDonald's Gains Sales, But US Guest Counts Fall

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McDonald's Gains Sales, But US Guest Counts Fall

McDonald’s Corp. is fighting to get more U.S. customers into its restaurants. Chief Executive Chris Kempczinski said Wednesday that global same-store sales last year were the highest in more than a decade. But guest counts to restaurants in the U.S., …
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L Brands CEO in talks to step aside and sell Victoria's Secret: WSJ

(Reuters) – Victoria’s Secret-owner L Brands (LB.N) Chief Executive Officer Leslie Wexner is in talks to step aside from the role and is exploring strategic alternatives for the lingerie brand, the Wall street Journal reported on Wednesday. Shares of the company …
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Boeing Expects 737 Max Costs Will Surpass $18 Billion

Boeing on Wednesday said the costs associated with the grounding of the 737 Max were likely to surpass $18 billion, a significant increase over earlier forecasts. The new estimate, announced during Boeing’s quarterly earnings report, is the company’s most …
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Enbridge Mainline Proposal Gets Pushback From Top Producer

Enbridge Inc.'s proposal to convert its Mainline crude pipeline network to long-term contracts is hitting a fresh round of opposition, with Canada's
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Lee Enterprises makes $140M deal to buy Berkshire newspapers

DAVENPORT, Iowa — Lee Enterprises will buy Berkshire Hathaway’s BH Media Group publications and The Buffalo News for $140 million, the company said Wednesday. The deal covers 30 daily newspapers in 10 states as well as 49 paid weekly …
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