DUBLIN, OHIO — As Wendy’s readies itself to launch breakfast nationwide March 2, the chain is preparing to go head-to-head against rivals like McDonald’s with a menu touting its quality. Three prior attempts to serve breakfast nationally over the last three decades failed to take hold. This time around, Wendy’s worked with franchisees to construct […]
Tag: Business
US plans trial of Gilead coronavirus drug remdesivir
A scientist at Gilead Sciences analyzes patient antibody levels at the Gilead laboratory in Foster City, Calif. David Paul Morris | Bloomberg | Getty Images The U.S. is planning a clinical trial of Gilead’s experimental drug for the novel coronavirus, according to a posting on a government clinical trials database. The trial, run by the […]
Buffett warns of virus impact, global markets roiled
A pedestrian wearing a face mask walks past a stock indicator displaying share prices of the Tokyo Stock Exchange in Tokyo on February 3, 2020. BEHROUZ MEHRI | AFP via Getty Images This is a live blog. Please check back for updates. All times below are in Eastern time. Total confirmed cases: More than 79,400Total […]
Microsoft senior leadership team under Satya Nadella
Microsoft President and Chief Legal Officer Brad Smith, CEO Satya Nadella, Executive Vice President and Chief Financial Officer Amy Hood and Chairman John Thompson pictured at the Microsoft annual meeting of shareholders in Bellevue, Washington, on November 30, 2016. Jason Redmond | AFP | Getty Images) Satya Nadella has almost completely changed the group of […]
Turkey closes Iran border due to outbreak
People wear masks after deaths and new confirmed cases revealed from the coronavirus in Tehran, Iran on February 21, 2020. Anadolu Agency All times are U.S. Eastern Time. 3:48 pm: Austria halts train traffic with Italy Austria has halted train traffic with its southern neighbor amid concern that two passengers on an in-bound train from […]
New coronavirus cases in Iran, Italy fuel concerns disease cannot be contained
Tourists wearing protective masks walk past the Colosseum, after two cases of coronavirus were confirmed in Italy, in Rome, January 31, 2020. Remo Casilli | Reuters Localized outbreaks of the new coronavirus outside of China are fueling concerns among infectious disease experts and scientists that the virus is spreading too quickly and may be past […]
Google reaches a settlement with state attorneys general
Google CEO Sundar Pichai testifies during a House Judiciary Committee hearing on Capitol Hill in Washington, DC, December 11, 2018. Saul Loeb | AFP | Getty Images Google has reached a settlement with state attorneys general over outside consultants hired to work on the states’ antitrust investigation, CNBC has learned. The settlement means that potential […]
Coronavirus flight cancellations top 200,000, sending jet-fuel lower
A health worker sprays disinfectant inside a Vietnam Airlines airplane to protect from the recent coronavirus outbreak, at Noi Bai airport in Hanoi, Vietnam February 21, 2020. Kham | Reuters Airlines have canceled more than 200,000 flights as the coronavirus continues to spread, prompting travel restrictions and a sharp drop in demand for trips to […]
Coca-Cola expects coronavirus could hit first-quarter earnings by up to 2 cents
Coca-Cola said Friday that the COVID-19 outbreak could drag down its first-quarter earnings by as much as 2 cents. The global beverage giant is forecasting that the virus will hit its quarterly earnings by 1 cent to 2 cents, unit case volume by 2% to 3% and organic revenue by 1% to 2%. Despite the […]
Sycamore Partners to acquire control of Victoria’s Secret
Victoria’s Secret, which once dominated the lingerie category with its sexy image, will go private in a deal that shows how far the brand as fallen out of favor. Private equity firm Sycamore Partners will acquire a 55% share in Victoria’s Secret from its owner L Brands for $525 million, the companies announced Thursday. Upon the […]
