Restaurant Brands International reported better-than-expected Q1 earnings with adjusted EPS of $0.86 beating estimates of $0.82 and revenue of $2.26 billion slightly above forecasts. System-wide sales grew 6.2%, driven by Burger King's strong US performance with 5.8% comparable sales growth, supporting the company's turnaround strategy. However, shares fell 5.5% due to disappointing results from Popeyes, which saw a 6.5% decline in same-store sales, and Tim Hortons, which underperformed expectations with 1.6% sales growth. CEO Josh Kobza highlighted the progress at Burger King and the company's return of capital to shareholders through share buybacks and dividends.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
Crypto investigator ZachXBT criticized all current hardware wallets as insecure and unreliable for signing transactions or storing significant funds. He highlighted Ledger as particularly problematic due to frequent updates that disrupt basic functio...
DMG Blockchain Solutions announced two strategic investments: one in MeetAmi Innovations, a Canadian fintech offering digital asset wealth management platforms, and another in Atomic47 Labs, an AI company focused on secure, sovereign AI infrastructur...
