Burger King parent company to invest $300 million more to modernize restaurants

Restaurant Brands edged past earnings expectations with its latest results on Tuesday while announcing plans to invest further in Burger King remodels. 


 
Coca-Cola Earnings Beat Estimates. It's Stock Is Down.

The company expects 2024 revenue growth of between 8% to 9%, above a prior forecast of 6% to 7%. 


 
3M's stock surges toward a 14-month high after profit, sales beat expectations

The consumer, industrial and healthcare-products company reported first-quarter profit and revenue that beat expectations. 


 
McDonald's Pushes Value as Consumers Grow Skittish on Spending

The burger giant reports slower-than-expected same-store sales growth for the first quarter. 


 
Goldman in Talks to Unload GM Credit-Card Partnership to Barclays

The deal including roughly $2 billion of card balances could be struck by summer. 


 
Huawei's Net Profit Rose More Than Sixfold

Huawei Technologies' net profit rose more than sixfold in the first quarter, helped by a jump in the Chinese telecommunication equipment maker's smartphone sales in China. 


 
PayPal's stock is climbing after earnings show progress on a key number

PayPal sported 4% growth in transaction-margin dollars, whereas it saw a decline on the metric in the fourth quarter. 


 
Walmart Takes On Trader Joe's and Whole Foods With New Premium Brand

The grocery giant is rolling out curry chicken empanadas and 300 other items as it seeks to capture spending by American consumers. 


 
Microsoft to Invest $1.7 Billion in AI Infrastructure in Indonesia

The U.S. tech giant said the investment will build on plans to build the company's first data center region in Indonesia and mark its single biggest investment in Southeast Asia's largest economy. 


 
European Carmakers Disappoint in Sluggish Start to Year

Volkswagen, Stellantis and Mercedes-Benz each said revenue and earnings fell in the first quarter, but pointed to growing pains that will generate gains from new and upgraded models later this year.


(END) Dow Jones Newswires

04-30-24 0915ET