McDonald’s Corp. (NYSE: MCD) is advising restaurant owners to serve meals on trays to customers dining inside as the fast-food chain is facing a bag supply shortage.
What happened: A new report indicates Amazon.com Inc. (NASDAQ: AMZN) needs to invest billions of dollars into the expansion of its warehouse and delivery system to keep up with consumer demand.
What happened: The U.S. Senate is holding a rare Saturday session today as negotiators attempt to finalize the text on $550 billion in new spending, part of a $1 trillion infrastructure bill. Bipartisan negotiators are discussing the details of additional funding for the nation’s roads, bridges, and airports.
What happened: Shares of the world’s large produce company slid by over 9% on Friday after debuting on the New York Stock Exchange. Dole (NYSE: DOLE) opened for trading at $15, at an implied market value of approximately $1.5 billion, which was below the initial public offering of $16.
What happened: A British medical charity that manages $39 billion in assets has disclosed changes to its U.S. traded stock holdings during the second quarter.
What happened: Bloomberg reports that Airbus SE (OTC: EADSF) is the front runner to win a multi-billion dollar contract for a new aircraft fleet for Italy
What happened: Billions of dollars are being invested in the 2021 Olympic Games underway in Tokyo, although very little of that money is making it to the athletes competing in the events. This year’s 11,000 Olympic athletes, including 600 on Team USA’s Olympic roster, are not sharing in the wealth.
What happened: The Walt Disney Company (NYSE: DIS) has announced that its executives and stars will not be attending CinemaCon 2021 in Las Vegas. The event is taking place from August 23-26 at Caesars Palace.