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Wendy’s to Open 700 REEF Delivery Kitchens by 2025

Rebecca Urena08/11/202108/11/2021

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Wendy’s Co. (NASDAQ: WEN) and REEF Technologies have reached an agreement to open 700 delivery kitchens within the United States, United Kingdom and Canada by 2025. Originally there were...

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PepsiCo Crushes Earnings Estimates and Raises Forecast

Rebecca Urena07/13/202107/13/2021

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PepsiCo (NASDAQ: PEP) reported strong second quarter earnings Tuesday, with revenue rising 20% compared to the previous year, amid high demand from restaurants. The company far surpassed forecasts made...

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Ford Sales Plunge 27% in June Amid Ongoing Chip Shortage

Rebecca Urena07/02/2021

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Ford Motors (NYSE: F) reported a 27% fall in June sales, compared with the previous year, ultimately missing analyst expectations as a consequence of the global semiconductor chip shortage....

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General Motors Second Quarter Sales Up 40% but Miss Analyst Expectations

Rebecca Urena07/01/2021

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General Motors’ (NYSE: GM) reported a 40% increase in second-quarter U.S. sales amid a rise in demand for its SUVs. Nevertheless, sales missed analyst expectations upon the continuous shortage...

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Southwest Pushes Workers to Take Extra Shifts Upon Looming Fourth of July Weekend

Rebecca Urena06/29/202106/29/2021

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Southwest Airlines (NYSE: LUV) is encouraging workers to take on extra shifts and are providing overtime at the start of July to avoid any flight interruption as the fourth of...

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Southwest Airlines CEO Gary Kelly to Step Down in 2022

Rebecca Urena06/23/2021

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Southwest Airlines (NYSE: LUV) Chairman and CEO Gary Kelly revealed Wednesday that he will be resigning from his current position and would “transition roles” to become executive chairman. Kelly...

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DoorDash Partners with Albertsons for Same-Day Grocery Delivery

Rebecca Urena06/21/202106/21/2021

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DoorDash (NYSE: DASH), announced a partnership with Albertsons Companies (NYSE: ACI) on Monday and is set to offer on-demand grocery delivery services from about 2,000 Albertsons locations. DoorDash shares...

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Sweetgreen Files for U.S. Initial Public Offering

Rebecca Urena06/21/2021

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Sweetgreen, an american fast casual restaurant that serves salads, revealed Monday it had confidentially filed for an initial public offering. The company is confident in the rising demand for...

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Home Depot Charters its Own Containership Amid Shipping Disruption

Rebecca Urena06/14/202106/14/2021

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Home Depot (NYSE: HD), one of the biggest U.S. importers, revealed it has chartered its own vessel amid continuous shipping delays and container shortages brought on by the Covid-19...

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United Airlines Demands Vaccines for New Employees

Rebecca Urena06/07/2021

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United Airlines (NASDAQ: UAL) is set to demand that all new employees have proof of vaccination against Covid-19. New Hires that receive job offers after June 15 will be...

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