This Week: McDonald’s earns, job openings, Disney earns
The Associated Press | Hagadone News Network | UPDATED 4 years, 6 months AGO
A look at some of the key business events and economic indicators upcoming this week:
NOT SO APPETIZING
Wall Street anticipates another downbeat quarterly report card from McDonald’s.
The world’s largest burger chain is expected to report lower third-quarter earnings and revenue from a year earlier. That would echo the company’s results in the previous two quarters. McDonald’s has been trying to regain its footing during the pandemic, which left many of its dining rooms sparsely filled or empty, though drive-thrus continued to operate. McDonald’s serves up its latest quarterly results Monday.
JOB MARKET BELLWETHER
Economists expect that U.S. employers advertised slightly more jobs in September.
They project the Labor Department will report Tuesday that U.S. job postings rose to about 6.5 million in September, up from about 6.49 million in August. The number of job postings has been mostly rising since falling to just under 5 million in April, the lowest level since 2015, when much of the economy shut down.
JOLTS job openings, in millions, by month:
April 4.99
May 5.37
June 6.00
July 6.69
Aug. 6.49
Sept. (est.) 6.50
Source: FactSet
MOUSE HOUSE
Walt Disney delivers its latest quarterly results Thursday.
Analysts predict the media giant slid to a loss in its fiscal fourth quarter that ended in September. Disney has struggled this year amid a sharp decline in revenue as the pandemic led to theme park closures and the postponement of several of the company’s movies. To cope, Disney recently said it would reorganize its business to focus even more on Disney Plus, its video streaming service.
MORE IMPORTED STORIES
This Week: McDonald’s earns, job openings, Disney earns
Columbia Basin Herald | Updated 4 years, 6 months ago
This Week: McDonald’s earns, job openings, Disney earns
Columbia Basin Herald | Updated 4 years, 6 months ago
This Week: Housing starts, Tesla earns, Coca-Cola earns
Columbia Basin Herald | Updated 4 years, 7 months ago
ARTICLES BY THE ASSOCIATED PRESS
The Latest: US helped family escape Afghanistan overland
WASHINGTON — The United States is confirming for the first time that it has helped a U.S. citizen and family members to escape Afghanistan through an overland route to a neighboring country.
The Latest: US helped family escape Afghanistan overland
WASHINGTON — The United States is confirming for the first time that it has helped a U.S. citizen and family members to escape Afghanistan through an overland route to a neighboring country.
The Latest: Top Republican says Taliban holding Americans
WASHINGTON — The top Republican on the House Foreign Affairs Committee says some Americans who have been trying to get out of Afghanistan since the U.S. military left are sitting in airplanes at an airport ready to leave but the Taliban are not letting them take off.