Paramount Skydance to Acquire Warner Bros Discovery in $110 Billion Media Mega-Deal 
FedEx Faces Class Action Lawsuit Over Tariff Refunds After Supreme Court Ruling 
Netflix Declines to Raise Bid for Warner Bros. Discovery Amid Competing Paramount Skydance Offer 
Chime Forecasts Strong 2026 Revenue Growth, Shares Jump on Profit Outlook 
Meta Signs Multi-Billion Dollar AI Chip Deal With Google to Power Next-Gen AI Models 
BlueScope Steel Shares Drop After Rejecting Revised A$15 Billion Takeover Bid 
CFTC Asserts Authority Over Prediction Markets Amid Insider Trading Concerns 
Qantas Reports Record First-Half Profit as Travel Demand and New Aircraft Boost Earnings 
Toyota Plans $19 Billion Share Sale in Major Corporate Governance Reform Move 
Snowflake Forecasts Strong Fiscal 2027 Revenue Growth as Enterprise AI Demand Surges 
Coupang Faces Fallout from Data Breach and Rising Competition in South Korea’s E-Commerce Market 
Panama Investigates CK Hutchison’s Port Unit After Court Voids Canal Contracts 
Hyundai Motor Group to Invest $6.26 Billion in AI Data Center, Robotics and Renewable Energy Projects in South Korea 
OpenAI Hires Former Meta and Apple AI Leader Ruomin Pang Amid Intensifying AI Talent War 
Amazon’s $50B OpenAI Investment Tied to AGI Milestone and IPO Plans 
Boeing Secures $166.8 Million U.S. Navy Contract for P-8A Engineering and Software Support 
OpenAI Faces Scrutiny After Banning ChatGPT Account of Tumbler Ridge Shooting Suspect 
McDonald’s CEO Steve Easterbrook is surely beloved by the restaurant chain’s investors now.
Reuters reports that the company has posted significant increase in its net income by USD1.3 billion or USD1.40 per share in the third quarter ended Sept. 30. In the same quarter last year, McDonald’s generated only USD1.07 billion or USD1.09 per share. McDonald’s recorded a 4 percent increase in global comparable sales, which is the first in more than 12 months, surpassing analysts’ expectations of 1.9 percent.
Media sites, including Bloomberg, credits the strategies spearheaded by Easterbrook since his assumption to the CEO role in March. After taking the helm, McDonald’s has simplified its restaurant menu, raised wages to improve customer service, and has been working on initiatives to improve health and nutrition in their food.
"The return to positive same-store sales across all of the operating segments is huge progress for their turnaround plan," Jennifer Bartashus, an analyst said at Bloomberg Intelligence.
