McDonald’s preparing a 2025 ‘McValue’ offering
McDonald’s is preparing 2025 value offerings in a bid to hang onto customers who are fed up with high costs at restaurants. The company is working on a new “McValue” approach for next year that involves keeping the $5 value meal offer it
Target stock falls 21% as big discounting effort falls short
Target reported earnings Wednesday that came in far below Wall Street’s expectations, something the big-box retailer attributed to slower than expected demand. The company announced profits that fell short of forecasts by 20%, its widest miss in two years. Revenues, meanwhile,
Disney debuts its latest cruise ship, Treasure, as part of a plan to double its fleet by 2031
The Disney fleet is expanding. Next month, the Disney Treasure cruise ship will make its maiden voyage from Port Canaveral, Florida, to the Caribbean, officially becoming the sixth ship in the company’s lineup. The Treasure, which is 221 feet tall and 1,119 feet long,
Comcast announces plan to spin off cable channels, including MSNBC, CNBC and USA
Comcast announced a plan Wednesday to spin off most of its cable television networks into a separate publicly traded company. The new company will include the USA Network, CNBC, MSNBC, Oxygen, E!, SYFY and the Golf Channel. Comcast will retain key
Mike Tyson, Jake Paul fight was the most streamed sporting event ever, Netflix says
Friday’s anticipated boxing match between former heavyweight champion Mike Tyson and YouTuber-turned-boxer Jake Paul will be remembered for more than its unique card. The bout shown on Netflix was the most streamed global sporting event ever with 65 million live concurrent streams and
Jaguar reveals glossy rebrand that features no cars and confuses the internet
It’s certainly eye-catching: A group of multiracial, gender-bending models emerge from an elevator in cutting-edge makeup and bright-colored clothing to a techno-industrial beat into an austere, prismatic landscape. But one thing is missing from the storied British carmaker Jaguar’s new
Comcast to announce the spinoff of cable networks, including MSNBC, CNBC and USA, sources say
Comcast is expected to announce a plan Wednesday to spin off its cable networks into a separate company, two people familiar with the matter told NBC News. The split would cleave off some of NBCUniversal’s best-known brands, including MSNBC, E!, Syfy,