Stocks open mostly higher, but Facebook parent falls sharply
NEW YORK — (AP) — Stocks are opening mostly higher on Wall Street with the notable exception of Facebook’s parent company. Markets got some encouraging economic news as the government reported the U.S. economy returned to growth last quarter, expanding 2.6%. Futures for the Dow Jones industrials rose 0.7%, while the S&P 500 ticked 0.1% higher. The Hang Seng in Hong Kong gained 0.7% to 15,425.03. New Zealand and Southeast Asian markets rose.wftv.com
US futures mixed ahead of US economic data, corporate earns
U.S. futures are mixed Thursday ahead of an update on the U.S. economy and another hefty slate of corporate earnings. McDonald's rose 3% in premarket after it reported strong third-quarter sales, boosted by customer engagement on its app. Southwest Airlines jumped more than 4% it reported record operating revenue in its third quarter, thanks to strong summer travel demand. The Fed is expected to raise its benchmark lending rate by another three-quarters of a percentage point at its November meeting. The Hang Seng in Hong Kong gained 0.7% to 15,425.03.wftv.com
A man who helped get migrants on DeSantis flights to Martha's Vineyard says he feels betrayed: 'I never ever, ever knew it was a governor' behind the stunt
"My only will was to help people," a man who said he helped recruit migrants to get on flights bound for Martha's Vineyard told CNN.news.yahoo.com
McDonald's US president says California's newly created fast-food council that could raise minimum wage to $22 at its restaurants 'hurts everyone'
The California bill, known as the FAST Recovery Act, would create a 10-person council that can set safety standards and raise the minimum wage to $22.news.yahoo.com
Big Mac is coming back: McDonald's to reopen in Ukraine
McDonalds Results A sign is shown in front of an McDonald's restaurant in Pittsburgh on Saturday, April 23, 2022. The burger giant closed its Ukrainian restaurants after Russia's invasion nearly six months ago but has continued to pay more than 10,000 McDonald's employees in the country. McDonald's said Thursday that it will begin gradually reopening some restaurants in the capital, Kyiv, and western Ukraine, where other companies are doing business away from the fighting. McDonald's has 109 restaurants in Ukraine but didn't say Thursday how many would reopen, when that would happen or which locations would be the first to welcome back customers. Alexander Govor, who held a license for 25 McDonald's outposts in Siberia, has begun reopening former McDonald's locations under the name Vkusno-i Tochka, or Tasty-period.wftv.com
McPlant and more: Beyond Meat inks McDonald's, Yum deals
Beyond Meat on Thursday announced distribution agreements with McDonald's as well as with Yum Brands, the parent company of KFC, Taco Bell and Pizza Hut. Beyond Meat had limited partnerships with McDonald's and Yum Brands before, testing its products in limited geographies or with only an item or two. Chicago-based McDonald's will use the Beyond Meat partnership to roll out what it is calling the “McPlant” burger, as well as eventually plant-based pork, egg and chicken products. AdYum will use Beyond Meat to expand its “Beyond Fried Chicken” products, as well as pizza toppings at Pizza Hut. Burger King has partnered with Impossible Foods to provide products that use plant-based products as well.