More than a year after its U.S. launch, McDonald’s loyalty program had 25 million active members, as of Sept. 30.Story Published at: December 07, 2022 at 03:30PM
McDonald’s hopes deals like 50-cent double cheeseburgers beef up sales on its mobile app
EU sanctions, Russian oil price cap cause tanker bottleneck as crude moves through Turkey
Tankers shipping Russian oil face new Turkish insurance rules and delays which will worsen with a ‘shadow fleet’ of Chinese and Indian refiners likely buyers.Story Published at: December 07, 2022 at 06:22PM
Wealthy Chinese keep on spending while others cut back, survey finds
More than a quarter of people with an annual household income above $49,286, said they increased spending this year, a McKinsey survey found.Story Published at: December 08, 2022 at 12:00AM
As China eases Covid restrictions, Club stocks stand to gain
The Chinese government’s move Wednesday to further roll back strict Covid-19 measures should boost the prospects for Club holdings with operations in China.Story Published at: December 07, 2022 at 09:06PM
Democratic lawmakers ask Musk for info on possible Chinese manipulation of Twitter
Three Democratic House members are calling on Elon Musk to provide information about a possible Twitter manipulation campaign by the Chinese government.Story Published at: December 07, 2022 at 08:54PM
Trump search team finds at least 2 classified documents outside of Mar-a-Lago, news reports say
Donald Trump is under criminal investigation by the Department of Justice for his removal of government documents from the White House when he left office.Story Published at: December 07, 2022 at 08:30PM
Just 8% of Americans have a positive view of cryptocurrencies now, CNBC survey finds
The survey shows 43% of the public with a negative view of cryptocurrencies, up from 25% in March.Story Published at: December 07, 2022 at 07:51PM
‘There is a slowdown happening’ – Wells Fargo, BofA CEOs point to cooling consumer amid Fed hikes
The bank leaders are providing evidence that the Fed’s campaign to subdue inflation by raising borrowing costs is beginning to impact consumer behavior. Story Published at: December 07, 2022 at 06:21PM
Some crypto backers are purposely taking a ‘very dangerous path,’ EU regulator says
The European Union has been stepping up rules in this space and has pushed for a global approach. Story Published at: December 07, 2022 at 12:39PM
U.S. pledges to ramp up supplies of natural gas to Britain as Biden and Sunak seek to cut off Russia
Partnership comes at a time of huge disruption within global energy markets following Russia’s invasion of Ukraine. Story Published at: December 07, 2022 at 10:49AM