u.s

McDonald's Profit Helped By Price Increases, Overall Sales Drop

McDonald's Profit Helped By Price Increases, Overall Sales Drop

Price increases helped McDonald’s Corp. (NYSE: MCD) lift sales at its U.S. restaurants in the latest quarter, but overall revenue still drifted lower due to foreign-exchange movements.The fast food chain is trying to draw in diners by revampin..

Boeing Reports Record USD 101 Billion  In Annual Revenue

Boeing Reports Record USD 101 Billion In Annual Revenue

Boeing Co.’s (NYSE: BA) stock surged Wednesday after the Company reported year-end results that beat Wall Street’s expectations, with record revenue and airplane deliveries driving the gain.Boeing reported a massive fourth quarter earnin..

Volkswagen Delivered 10.8 Million Vehicles in 2018

Volkswagen Delivered 10.8 Million Vehicles in 2018

Volkswagen Group’s deliveries rose 0.9% to a record 10.83 million last year, according to the German company, putting it neck-and-neck with Renault-Nissan-Mitsubishi in the race to be the world’s biggest vehicle manufacturer.Rivals Toyot..

Facebook Reportedly Building Cryptocurrency for WhatsApp Money Transfers

Facebook Reportedly Building Cryptocurrency for WhatsApp Money Transfers

Facebook Inc. (NASDAQ: FB) is reportedly working on making a cryptocurrency that will allow users to transfer money on its WhatsApp messaging platform, according to Bloomberg, citing sources familiar with the matter.The Company is developing a stabl..

Nvidia Shares Slide After Reports of SoftBank Selling Stake

Nvidia Shares Slide After Reports of SoftBank Selling Stake

Nvidia Corp. (NASDAQ: NVDA) shares slipped on Tuesday after Bloomberg reported that SoftBank Group Corp. is looking to sell off its stake in the Company as early as next year, citing sources familiar with the matter.Nvidia shares fell by 2.42% on Tu..

Deere's Profit Rises On Stronger Machinery Sales

Deere's Profit Rises On Stronger Machinery Sales

Deere & Co. (NYSE: DE) said sales and profits in the latest period were lifted by demand in its construction and farming markets despite results falling short of Wall Street estimates.The weaker-than-expected results sent shares lower as the mar..

FedEx Acquires 1000 Chanje Electric Vehicles

FedEx Acquires 1000 Chanje Electric Vehicles

FedEx Corp. (NYSE: FDX) announced on Tuesday that it will acquire 1,000 Change V8100 electric delivery vehicles to expand its fleet. FedEx will acquire 100 of the vehicles from Chanje Energy and lease 900 from Ryder Systems.FedEx says it will intend..