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Finance

That still leaves quite a few Subway restaurants, which now number more than 25,000 across the USA - which outnumbers mega chain McDonald's. The chain closed over 800 of its stores past year, which followed a smaller pullback in 2016. Fast food sales, on the other hand, are getting hit by the drop in retail foot traffic in the places like malls, as well as the growing demand for healthier food.
  • Are Analysts Bearish PZ Cussons Plc (LON:PZC) After Last Week?

    Finance

    Ontario - Canada-based Royal Bank & Trust Of Canada has invested 0% in PZ Cussons Plc (LON:PZC). Lombard Odier Asset Mgmt (Europe) Ltd has 7,296 shares. Credit Suisse Group reaffirmed a "neutral" rating and set a GBX 1,075 ($15.39) price target on shares of SKY in a research report on Tuesday, February 13th.
  • Butte Herberger's to close

    Butte Herberger's to close

    Finance

    All of its stores will close. In court filings earlier this week, the company named 212 locations slated for liquidation. Bon-Ton, which also has a headquarters in York, Pennsylvania, operates 250 stores across the United States, also including Bon-Ton, Bergner's, Carson's, Elder-Beerman, and Herberger's.
  • Tax Day extended because of IRS site outage

    Tax Day extended because of IRS site outage

    Finance

    Last year, about 5 million Americans filed their tax returns on the last day before the deadline, according to the IRS . Filers who used paper were not affected. If you are filing Tuesday, all taxes and extension requests must be filled out by 4 p.m. and that deadline is in effect both for the main window or the drop box in the alley behind the facility.
  • Netflix First-Quarter 2018 Financial Results, Streaming's Continued Growth

    Netflix First-Quarter 2018 Financial Results, Streaming's Continued Growth

    Finance

    In a quarterly letter to investors , Netflix said it will "keep on raising obligation as expected to support our expansion in unique substance", including that its obligation levels were "very humble as a%age of our endeavor esteem". Wedbush boosted their target price on shares of Netflix from $110.00 to $125.00 and gave the stock an "underperform" rating in a research note on Tuesday.
  • The Public Pulse: Bob Meyers for State Board of Education

    The Public Pulse: Bob Meyers for State Board of Education

    Finance

    Porter, who following his remarks announced he would not seek re-election to the board, said Wick's comments were "so egregious" that he felt he should air them publicly, especially in light of Wick's decision to oppose a new contract for Obeng.
  • Cosby's chief accuser 'seeking justice' in sex trial

    Cosby's chief accuser 'seeking justice' in sex trial

    Finance

    She testified that she got to know Cosby after he called her agent and said he wanted to meet and possibly mentor her as she looked to expand her career into singing and acting. She said Cosby helped her lie down on a couch. She told jurors about two instances with Cosby before the alleged assault - one where he touched her thigh and one where he tried to unbutton her trousers.
  • Allies: Strikes to Deter Assad, Not Oust

    Allies: Strikes to Deter Assad, Not Oust

    Finance

    The Israeli newspaper Haaretz said there was "a high probability that the attack in Syria this week attributed to Israel was against an Iranian target that represented a similar threat" as the drone incursion in February. In London, Britain's Theresa May also emphasized that the retaliation was focused on Assad's chemical weapons and ensuring a stop to the "erosion of the global norm that prevents the use of these weapons".
  • Volkswagen names Herbert Diess as new chief executive

    Volkswagen names Herbert Diess as new chief executive

    Finance

    The volume group will consist of Volkswagen , Skoda and Seat. Yet, he was present in the room on the fateful day when the company's top managers were informed in detail about the depth and breadth of the cheating scandal. Board member Hans Dieter Pötsch adds, effusively, "Together with his team, he also fundamentally realigned the Group's strategy, initiated cultural change and, with great personal commitment, made sure that the Volkswagen Group not just stayed on track but is now ...
  • 257 killed in Algerian plane crash

    257 killed in Algerian plane crash

    Finance

    The Defence Ministry said those killed included 247 passengers and 10 crew. Previous major air accidents in Algeria include an Air Algerie flight that crashed in northern Mali in July 2014 carrying 116 passengers and crew, almost half of them French, en route from Burkina Faso to Algeria.
  • Netflix (NFLX) Receives $257.56 Average PT from Analysts

    Netflix (NFLX) Receives $257.56 Average PT from Analysts

    Finance

    The stock increased 2.31% or $0.0126 during the last trading session, reaching $0.5576. About 10.42 million shares traded. The RSI figure is as follows:, and the change from open is now set up at 0.13%, while the gap stands at 2.67%. Hillman invested in 13.99% or 275,316 shares. Franklin Resource reported 223,709 shares stake. Cim Mangement Inc holds 0.14% or 2,197 shares. Monness Crespi Hardt has a Buy rating with a $350 price target .
  • Here's Why Uber Wants to Buy an Electric-Bike Startup

    Here's Why Uber Wants to Buy an Electric-Bike Startup

    Finance

    Uber chief executive Dara Khosrowshahi revealed the plans during a visit to Washington where he said the ride-hailing pioneer would seek a more diversified model that offers users various transport options including vehicle rentals on a partner peer-to-peer service.
  • Modi To Go On Hunger Protest

    Modi To Go On Hunger Protest

    Finance

    Along with Modi , Amit Shah is also going to observe the fast today. While observing fast, Modi will not disturb his daily official routine of meeting people and officials, and clearing files, sources in the know said. Rahul Gandhi had been on fast for quite a short span of time, in protest of the alleged unfairness of the government against the dalit community in relation to the SC/ST act.
  • Amid losses, Deutsche Bank replaces CEO John Cryan with Christian Sewing

    Finance

    Ritchie will lead the corporate and investment bank division, having previously co-headed the unit with Marcus Schenck. Sewing succeeds John Cryan , who'll leave the German bank at the end of April. The promotion of Sewing, 47, with a background in commercial banking, auditing and risk, comes as Deutsche Bank and its major shareholders debate the path forward for the investment banking unit where revenues have dried up and key staff defected.
  • Ferrari mechanic suffers broken leg in pit lane collision

    Ferrari mechanic suffers broken leg in pit lane collision

    Finance

    An FIA investigation found Ferrari guilty of an unsafe release and slapped them with a heavy fine - much to the frustration of Brundle. Essentially, Vettel would limp his vehicle home, with two faster-paced Mercedes chasing him down. However, it was a mixed day for Ferrari, after Kimi Raikkonen was forced to retire following a shocking incident in the pit lane. "These tyres were done, done, in the last 10 laps", a jubilant Vettel told his team over the radio after he took the chequered ...
  • Major League Baseball regional round-up: Quintana deals Cubs to 3-0 win over Brewers

    Major League Baseball regional round-up: Quintana deals Cubs to 3-0 win over Brewers

    Finance

    Manager Craig Counsell said Yelich reported soreness after hitting over the weekend. Unless it's announced otherwise, Ivan Nova and Tyler Chatwood could be moved back a day to start on Tuesday. Dodger fans (of course) got into it on Opening Day and you know there would've been at least one if Detroit's Opening Day didn't get canceled. It has been a tough week with injuries for the Brewers , who placed All-Star closer Corey Knebel on the disabled list on Friday with a strained right ...
  • Prince Charles kicks off his 16th tour of Australia

    Prince Charles kicks off his 16th tour of Australia

    Finance

    Her 69-year-old eldest child arrived in Australia while the country's relationships with Britain and its monarchy are under renewed scrutiny. Prince Charles isn't the only member of the royal family now facing revealing claims from an unauthorized biography.
  • China trade war could affect pork and feed

    China trade war could affect pork and feed

    Finance

    Beijing's measures followed the Trump administration's imposition of similar penalties on Chinese goods - a move that Washington said was tied to the results of an investigation by the US Trade Representative's Office into China's alleged theft of intellectual property.
  • Markets soar as RBI holds rate

    Markets soar as RBI holds rate

    Finance

    Citing revival in investment activity and global demand, the central bank said that several factors will help accelerate the pace of economic activity in 2018-19. Moreover, crude oil prices have become volatile in the recent period. Meanwhile, foreign portfolio investors (FPIs) bought shares worth Rs 335.18 crore on net basis, while domestic institutional investors (DIIs) sold equities to the tune of Rs 152.55 crore yesterday, provisional data showed.
  • Elon Musk turns

    Elon Musk turns "Teslaquila" April Fools' booze into the real thing

    Finance

    Musk himself has taken direct control of Model 3 production and the company says it already has about 500,000 advance reservations from customers for the auto. China's announcement adds to a tough past few weeks for chief executive Elon Musk and Tesla investors, with a string of bad news hurting the company's shares.