Business

McDonald's said Thursday that Taylor Farms is the supplier of the onions served on Quarter Pounders, which were pulled from the restaurant giant's menus in multiple states following a deadly E. coli outbreak.The FDA and the Centers for Disease Control and Prevention have honed in on slivered onions served on the hamburgers as the likely source…

Mārtiņš Kazāks, governor of the Bank of Latvia and a member of the European Central Bank's Governing Council, on Thursday weighed in on the possibility of a jumbo half-point interest rate cut for December.When asked for his views on a 50-basis rate cut by the ECB at its next meeting, he said that "everything should be on the table.""But we will…

LONDON — British bank Barclays on Thursday reported £1.6 billion ($2 billion) net profit attributable to shareholders for the third quarter, beating expectations.The result compared with the £1.17 billion net profit forecast in an LSEG poll of analysts and was 23% higher than the same period in 2023.Revenue for the period came in at £6.5…

Evercore ISI senior managing director Mark Mahaney discusses Amazon, DoorDash and Magnite shares on 'Varney & Co.' Amazon Prime members now have a benefit that will help them see savings when filling up their gas tank.  E-commerce giant Amazon on Wednesday brought a fuel savings benefit to its Prime membership that will knock 10 cents…

EVERETT, Wash. (AP) — Boeing reported a third-quarter loss of more than $6 billion before turning its attention to whether striking factory workers would accept a contract offer Wednesday and end a walkout that has crippled the company’s airplane production for nearly six weeks.Members of the…

McDonald's (MCD) shares tumbled over 6% in premarket trading on Wednesday after the Centers for Disease Control and Prevention said the company's quarter pounder burgers had been linked to an E. coli outbreak in some states, with most illnesses in Colorado and Nebraska. "This is a fast-moving outbreak investigation," the CDC wrote on its…

CNN  —  The US Centers for Disease Control and Prevention issued a food safety alert Tuesday regarding an E. coli outbreak that it says is linked with McDonald’s Quarter Pounders. At least 49 illnesses have been reported across 10 states, including one…

Meta has banned a series of accounts that post location updates on private jets belonging to some of the world’s richest and most powerful people, including Mark Zuckerberg, Elon Musk and former President Donald Trump.Those accounts have been deleted from Threads and Instagram, and corresponding Facebook accounts will be deleted soon, Andy…

US stock futures retreated on Tuesday, setting the Dow up for another downbeat day as investors rethought the outlook for interest-rate cuts and braced for the next wave of earnings reports.Dow Jones Industrial Average futures (YM=F) fell roughly 0.4%, coming off a hefty closing loss. S&P 500 futures (ES=F) also slid 0.4%, and contracts on…

RENTON, Wash. — The Boeing machinists union will vote Wednesday on a “negotiated proposal” to end a weeks-long strike, but skepticism remains.On Monday, both on the picket line and behind closed doors, certain members of the union said they’d vote no on the latest offer to the 33,000 machinists.“My sense is this is not a done deal,” said a…