Business
McDonald’s Profit Beats Forecasts as US Sales Slip on Fewer Visits
McDonald's earned an adjusted $3.57 a share in the third quarter, topping estimates, even as US same-store sales dipped 0.2% and fewer customers came in.
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US Economy Grows at 3.4% Pace in Third Quarter, Beating Forecasts
US GDP grew at a 3.4% annual rate from July through September, up from 2.2%, as AI-driven investment surged days before the midterm elections.
Washington Says DOJ List of 400 Noncitizen Voters Includes Citizens
Kraft Heinz to Sell Maxwell House Coffee Unit in $650 Million Deal
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Ukraine Says Bodycam Video Shows Russian Double-Tap Strike on Village
Ukraine says at least 40 people died when Russian glide bombs hit an aid point and a shelter in Komyshuvakha. Dozens are still missing.
Dow Surges 1,500 Points as Democrats’ Sweep Sends Oil Tumbling
The Dow jumped about 2.9% at midday Wednesday after Democrats won both chambers of Congress, as oil fell more than 8% and defense and…
UK Services Growth Hits 8-Month High as Bank of England Eyes Hike
Britain's services sector grew at its fastest pace since February in October, strengthening expectations of a Bank of England rate rise on Thursday.
Sequoia Closes London Office, Ends Arc and Scouts in Major Reset
Sequoia Capital is shrinking back to a Bay Area-centered firm, closing London and ending Arc and Scouts while saying it raised about $10 billion.
El-Sayed Beats Rogers in Michigan, Becoming First Muslim US Senator
Democrat Abdul El-Sayed defeated Republican Mike Rogers in Michigan's open Senate race, keeping the seat blue and making history as the first Muslim senator.
Mike Johnson Won’t Seek House GOP Leader Post After Midterm Losses
House Speaker Mike Johnson will step aside as Republican leader after Democrats won the House, setting up a race between Steve Scalise and Jim…
Politics
See all Politics →DOJ Subpoenas California Officials in Noncitizen Voting Probe
The DOJ sent grand jury subpoenas to Los Angeles election officials as a judge refused its bid to set aside about 20,000 mail ballots.
US
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Bodum Recalls 5.9 Million French Presses Over Burn Risk
Bodum USA is recalling about 5.9 million French press coffee makers after 70 reports of glass carafes breaking, 48 of them involving burns.
Tech
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Apple Gives iPad Mini an OLED Screen, A20 Pro Chip and a $699 Price
Apple's new iPad mini adds an 8.5-inch OLED display, an A20 Pro chip and IP67 water resistance, but its starting price climbs to $699.
Economy
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Euro Zone Inflation Hits 4% for First Time Since 2023 on Energy Surge
Consumer prices in the 21-nation euro zone rose 4% in October as energy costs jumped 20.8%, strengthening the case for an ECB rate hike…
Wall Street
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US Private Employers Add 86,000 Jobs in October, Edging Past Forecasts
Private employers added 86,000 jobs in October, ADP said, slightly above forecasts, as pay growth for job-changers picked up.
World
See all World →Hackers Hit French Blood Service Freezers, Setting Them to 110C
Attackers reprogrammed cold rooms holding plasma and blood samples at France's national blood service, the latest in a wave of attacks on European refrigeration.
Business
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Poundland Moves Toward Administration, Putting Thousands of Jobs at Risk
Poundland's owner Gordon Brothers filed notice to appoint administrators after rejecting a management-backed rescue, putting about 600 UK stores in doubt.
