A deadly E. coli outbreak linked to McDonald‘s Quarter Pounders has led to 75 cases in 13 states, the Centers for Disease Control and Prevention said Friday, as it investigates the source of the spread. The outbreak has led to 22 hospitalizations and one previously reported death of an older adult in Colorado. Out of […]
Spirit Airlines baggage tags are seen near a check-in counter at the Austin-Bergstrom International Airport on April 10, 2024 in Austin, Texas. Brandon Bell | Getty Images Spirit Airlines shares surged Friday after the struggling budget carrier said it would cut jobs and sell aircraft. The stock closed the day 16% higher, at $2.79 per share. The […]
David Enhorn pitches Peloton at the Robin Hood Investors Conference. Getty Images (L) | CNBC (R) Greenlight Capital’s David Einhorn thinks Peloton could trade as high as $31.50 a share if the company slashes costs, which could double its current adjusted EBITDA projections, CNBC has learned. That’s about five times the current price of its […]
Coach and Michael Kors. Michael M. Santiago | Eduardo Parra | Europa Press | Getty Images A federal judge blocked Tapestry’s acquisition of Capri on Thursday following a brief trial last month in New York. In her order, Judge Jennifer Rochon granted the Federal Trade Commission’s motion for a preliminary injunction to block the proposed […]
In this photo illustration, a McDonald’s Quarter Pounder hamburger meal is seen at a McDonald’s on October 23, 2024 in the Flatbush neighborhood in the Brooklyn borough of New York City. Michael M. Santiago | Getty Images As McDonald’s and health authorities race to contain a deadly E. coli outbreak, the burger chain faces challenges […]
Scout Terra pickup truck and Scout Traveler SUV concepts Scout NASHVILLE, Tenn. — Volkswagen-backed Scout Motors revealed its first electric vehicles Thursday and announced plans for the brand to expand its lineup to include an emerging type of plug-in hybrid electric vehicle in addition to EV models. Scout, a former American vehicle brand from 1961 […]
Bob Jordan, CEO of Southwest Airlines, listens to questions from media during Southwest Airlines Investor day at Southwest Airlines Headquarters on September 26, 2024 in Dallas, Texas. Sam Hodde | The Washington Post | Getty Images Southwest Airlines and activist hedge fund Elliott Investment Management struck a deal to avert a proxy fight in exchange […]
A sign is posted in front of a Taco Bell restaurant in Richmond, California, on May 1, 2024. Justin Sullivan | Getty Images Burger King and Taco Bell owner Yum Brands have pulled onions from select restaurants following an E. coli outbreak tied to McDonald’s. “As we continue to monitor the recently reported E. coli […]
A McDonald’s Quarter Pounder hamburger is shown in this photograph, in New York’s Times Square, Wednesday, Oct. 23, 2024. An E. coli outbreak has been traced to McDonald’s Quarter Pound hamburgers served with raw slivered onions. Richard Drew | AP The Food and Drug Administration said Thursday that it’s investigating whether Taylor Farms, a supplier […]
David Einhorn speaking at the 2024 Sohn Conference in New York City on April 3, 2024. Adam Jeffery | CNBC Shares of Peloton spiked more than 11% on Wednesday after Greenlight Capital’s David Einhorn said shares of the company are significantly undervalued, CNBC has learned. Einhorn made the pitch at the Robin Hood Investors Conference. […]
