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Disney will report its fiscal first-quarter earnings before the bell on Wednesday, and Wall Street will be paying close attention to the state of its streaming and theme parks businesses. Investors will also be listening for any details on the search for CEO Bob Iger’s successor. According to analysts polled by LSEG, the expected earnings […]

The U.S. Postal Service has halted parcel service from China and Hong Kong as Trump’s trade curbs begin. This suspension affects the acceptance of incoming parcels from these regions. — news from The New York Times

The record-high egg prices that recently drove Waffle House and other restaurants to start charging more for some dishes are not going away soon, economists say. This week, Waffle House became one of the first national chains to join some smaller restaurants that have introduced surcharges of 50 cents or more per egg, as wholesale […]

The United States Postal Service announced Tuesday night that it is temporarily suspending accepting packages sent from China and Hong Kong until further notice. The suspension is effective immediately, the USPS said. Letters and flats are not included in the suspension, it said. The postal service did not provide a reason for the suspension or […]

Snap (SNAP) posted a surprise profit and better-than-expected 14% increase in revenue for the fourth quarter, the Snapchat parent company said late Tuesday. Snap stock jumped, as investors shrugged off a mixed outlook for the current quarter. Snap said that it earned 1 cent per share on sales of $1.56 billion for the December-ended quarter. […]

NEW YORK (AP) — The Waffle House restaurant chain is putting a 50 cent per egg surcharge in place due to the biggest bird flu outbreak in a decade. The 24-7 restaurant said that the resulting egg shortage has led to a dramatic increase in its costs. Bird flu is forcing farmers to slaughter millions […]

Alphabet shares fell more than 9% in after-hours trading Tuesday after the company reported fourth-quarter results that missed on revenue expectations and announced more artificial intelligence investments. Earnings per share for the Google parent company beat analysts’ estimates by two cents. Here are the numbers: Revenue: $96.47 billion vs. $96.56 billion expected by LSEG; Earnings […]

SANTA CLARA, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) — AMD (NASDAQ:AMD) today announced financial results for the fourth quarter and full year of 2024. Fourth quarter revenue was a record $7.7 billion, gross margin was 51%, operating income was $871 million, net income was $482 million, and diluted earnings per share was $0.29. On a […]

In This Story, Alphabet (GOOGL+2.38%) missed Wall Street’s expectations for the fourth quarter despite “robust momentum across the business.” The Google parent reported revenues of $96.5 billion for the fourth quarter, a 12% increase year over year. Alphabet reported earnings of $2.15 per share, up 31% from the previous year, and net income of $26.5 […]

CBS News Miami’s Trish Cristakis reports on how South Florida consumers are reacting to the price of eggs. The soaring egg prices are causing a stir, and many are considering alternatives such as backyard chickens. Local restaurants are also looking for ways to manage costs without raising prices, and some, like Waffle House, are even […]