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PepsiCo plans price hikes on some chips and sodas, Bloomberg News reports

PepsiCo plans price hikes on some chips and sodas, Bloomberg News reports

Sept 24 (Reuters) - PepsiCo is set to hike prices on some chips and sodas by the end of this year or in early 2027, Bloomberg News reported on Thursday, citing people familiar with the matter.
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McDonald's expects inflation to keep traffic flat, shares dip after $8.5 billion capex plan

McDonald's expects inflation to keep traffic flat, shares dip after $8.5 billion capex plan

By Anuja Bharat Mistry and Waylon Cunningham Sept 23 (Reuters) - McDonald's warned on Wednesday that customer traffic in key markets would likely remain flat as long as inflation remained elevated, sending its shares down as much as 6.5% even as it unveiled an $8.5 billion franchisee support plan
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McDonald's outlines $8.5 billion plan to support franchisees

McDonald's outlines $8.5 billion plan to support franchisees

Sept 23 (Reuters) - McDonald's on Wednesday outlined about $8.5 billion in franchisee support as part of an expanded growth plan and set targets for margin and market share growth as it looks to revive momentum after several quarters of slower performance.
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McDonald's warns traffic recovery may lag; unveils $8.5 billion investment plan

McDonald's warns traffic recovery may lag; unveils $8.5 billion investment plan

By Anuja Bharat Mistry and Waylon Cunningham Sept 23 (Reuters) - McDonald's warned on Wednesday that customer traffic in key markets would likely remain flat as long as inflation remained elevated, sending its shares down 5% even as it unveiled an $8.5 billion franchisee support plan and a slate of
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Analysis-As 5% Treasury yields lose shock value, investors start worrying about 6%

Analysis-As 5% Treasury yields lose shock value, investors start worrying about 6%

By Marc Jones and Naomi Rovnick LONDON, Sept 23 (Reuters) - For years, 5% on the benchmark US 10-year Treasury yield was viewed as the point at which global financial markets would start hitting turbulence. That threshold is beginning to look less like a ceiling and more like a waypoint.
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Starbucks to close another 250 coffeehouses in North America

Starbucks to close another 250 coffeehouses in North America

Sept 24 (Reuters) - Starbucks will close 250 underperforming coffeehouses in North America, the company said in a regulatory filing on Thursday, as CEO Brian Niccol deepens his turnaround push to revive sales.
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As 5% Treasury yields lose shock value, investors start worrying about 6%

As 5% Treasury yields lose shock value, investors start worrying about 6%

By Marc Jones and Naomi Rovnick LONDON, Sept 24 (Reuters) - For years, 5% on the benchmark US 10-year Treasury yield was viewed as the point at which global financial markets would start hitting turbulence. That threshold is beginning to look less like a ceiling and more like a waypoint.
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European stocks gain as markets upbeat on potential US-Iran talks

European stocks gain as markets upbeat on potential US-Iran talks

By Sudeshna Ghoshal and Purvi Agarwal Sept 22 (Reuters) - European shares closed slightly higher on Tuesday as investors watched for developments in US-Iran tensions that could influence oil prices and risk appetite.
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Bond market sell-off rumbles on ahead of Trump and XI talks

Bond market sell-off rumbles on ahead of Trump and XI talks

By Marc Jones LONDON, Sept 24 (Reuters) - World financial markets remained on edge on Thursday after concerns about the Iran war and inflation pain had triggered the sharpest sell-off in US Treasuries and other benchmark government bonds since last year's Liberation Day turmoil.
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Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat

Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat

By Noel Randewich and Johann M Cherian Sept 21 (Reuters) - The Nasdaq surged to a record-high close on Monday, lifted by gains in Advanced Micro Devices and other AI heavyweights, while Treasury yields retreated from recent highs and crude prices tumbled to an 11-day low on speculation about a
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Oil falls 1% after reports suggest Iran could reopen Hormuz within seven days

Oil falls 1% after reports suggest Iran could reopen Hormuz within seven days

By Anushree Mukherjee LONDON, Sept 22 (Reuters) - Oil prices fell on Tuesday after reports that Iran said it could reopen the Strait of Hormuz within seven days if the US takes initial steps to ease military pressure, easing concerns over disruptions to a key global oil shipping route.
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Paramount settles with US states in big step towards closing Warner Bros merger

Paramount settles with US states in big step towards closing Warner Bros merger

By Jody Godoy and Deborah Mary Sophia Sept 21 (Reuters) - Paramount Skydance on Monday reached a settlement with California and 11 other states that had sued to stop its $110 billion acquisition of Warner Bros Discovery, paving the way for one of the largest media mergers in history.