Business

FILE - In this Wednesday, July 26, 2017, file photo, McDonald's CEO Steve Easterbrook is interviewed at the New York Stock Exchange. McDonald's said Sunday, Nov. 3, 2019, that Easterbrook has stepped down after violating company policy by engaging in a consensual relationship with an employee. (AP Photo/Richard Drew, File)
Associated Press
November 04, 2019 - 1:18 am
NEW YORK (AP) — McDonald's chief executive officer has been pushed out of the company after violating company policy by engaging in a consensual relationship with an employee, the corporation said Sunday. The fast food giant said former president and CEO Steve Easterbrook demonstrated poor judgment...
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In this Saturday, Oct. 26, 2019 photo, Catherine Newton, left, buys three boxes of Krispy Kreme doughnuts from Jayson Gonzalez in Little Canada, Minn. Gonzalez, a Minnesota college student, says Krispy Kreme has told him to stop making doughnut runs to Iowa. Gonzalez told the Pioneer Press he was told his sales created a liability for the North Carolina-based company. (Deanna Weniger/Pioneer Press via AP)
Associated Press
November 03, 2019 - 9:02 pm
ST. PAUL, Minn. (AP) — A Minnesota college student says Krispy Kreme has told him to stop making doughnut runs to Iowa. Twenty-one-year-old Jayson Gonzalez of Champlin, Minnesota, would make weekend runs to a Krispy Kreme store in Clive, Iowa, and pack his car with boxes of doughnuts that he would...
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This Wednesday, Feb. 14, 2018 file photo shows calorie counts on drive-through menu items of a fast food restaurant in Ridgeland, Miss. According to a study published Wednesday, Oct. 30, 2019, in the medical journal, BMJ, customers at fast-food chains in Louisiana, Mississippi and Texas ordered an average of 60 fewer calories per transaction soon after the figures were displayed on menu boards. (AP Photo/Rogelio V. Solis)
Associated Press
October 30, 2019 - 6:37 pm
NEW YORK (AP) — Soon after calories were posted on fast-food menus, people cut back a little bit on what they ordered. But it didn't last. Customers at fast-food chains in Louisiana, Mississippi and Texas ordered an average of 60 fewer calories per transaction in the weeks after the figures were...
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FILE - This Feb. 20, 2018, file photo shows the Grubhub app on an iPhone in Chicago. Shares in GrubHub are down more than 30% before the opening bell on Tuesday, Oct. 29, 2019, after it sharply cut its revenue expectations for the year and warned of intense competition. (AP Photo/Charles Rex Arbogast, File)
Associated Press
October 29, 2019 - 5:12 pm
NEW YORK (AP) — Shares in Grubhub plunged 43% Tuesday after it sharply cut its revenue expectations for the year and warned of intense competition. The steep decline in share price wiped away more than $2.3 billion of the company's stock market valuation. It is the worst single-day decline for...
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FILE - In this May 22, 2017 file photo, a gift box from Tiffany & Co. is arranged for a photo in Surfside, Fla. In a statement released Monday Oct. 28, 2019, French luxury group LVMH confirmed that it has held preliminary discussions to purchase U.S. jeweler Tiffany & Co. (AP Photo/Wilfredo Lee, File)
Associated Press
October 28, 2019 - 9:37 am
PARIS (AP) — French luxury group LVMH is making a play for the iconic blue box. The conglomerate said Monday it has offered to buy Tiffany & Co. for $14.5 billion in cash, sending shares in the New York jeweler soaring. The purchase would add another household name to LVMH's plethora of upscale...
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FILE - This April 12, 2016 file photo shows the Microsoft logo in Issy-les-Moulineaux, outside Paris, France. The Pentagon has awarded Microsoft a $10 billion cloud computing contract called JEDI, Friday, Oct. 25, 2019. The contentious bidding process for the contract pitted Microsoft, Amazon and Oracle, among others, against one another. (AP Photo/Michel Euler, File)
Associated Press
October 25, 2019 - 8:05 pm
SAN FRANCISCO (AP) — The Pentagon awarded Microsoft a $10 billion cloud computing contract , snubbing early front-runner Amazon, whose competitive bid drew criticism from President Donald Trump and its business rivals. Bidding for the huge project, known as Joint Enterprise Defense Infrastructure,...
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