business
McDonald’s Says Deals Are Delivering Sales
The burger giant reported its U.S. same-store sales increased 2.4% for the three months ended Sept. 30, faster growth than analysts had forecast. Source link
Applebee’s Owner Dine Brands’ Profit Falls Despite Higher Sales
The parent company of Applebee’s Neighborhood Grill + Bar and IHOP said its third-quarter profit fell despite higher sales, as expenses increased. Source link
Drug Distributor Cencora to Invest $1 Billion in U.S. Supply Chain
The company will open two new distribution centers and expand a third as demand surges for GLP-1s and other refrigerated medications. Source link
Humana Cuts Earnings Outlook as Medical Costs Surge
Humana reported lower third-quarter profit and slashed full-year earnings guidance as medical costs continue to surge, dragging down margins for the company’s core Medicare Advantage business. Source link
Trader Jeff Yass Is Giving $100 Million to ‘Anti-Woke’ University of Austin
CBS News’s editor in chief, Bari Weiss, co-founded the Texas school, which describes its mission as “the fearless pursuit of truth.” Source link
Vestas Wind Systems Shares Rise on Better-Than-Expected Results, Surprise Buyback
The wind-turbine maker posted stronger earnings, saying it benefited from higher deliveries and improved performance at its onshore unit. Source link
XPeng Gears Up to Launch Robotaxis Next Year
The Nasdaq-listed company is set to become the first Chinese carmaker to launch a self-developed robotaxi. Source link
Marks & Spencer Profits Plummet on Cyberattack
Adjusted pretax profit plunged 55%, but the retailer said it expects a recovery in the second half of its fiscal year. Source link
Orsted Swings to Loss Following U.S. Stop-Work Order, But Stays Upbeat for Full Year
The renewable-energy company said it remained confident of reaching its full-year targets. Source link
Ozempic Maker Novo Nordisk Lowers Growth Outlook of Its Blockbuster Drugs
Intensifying competition, pricing pressure and copycat versions of Ozempic and Wegovy hold back sales at the pharma giant. Source link