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A McDonald’s cheeseburger, fries and soda arranged in Celina, Texas, Sept. 2, 2025.Jake Dockins | Bloomberg | Getty ImagesMcDonald’s on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations as its value push wins back customers.”By listening to customers and taking action, we have improved traffic and strengthened our value & affordability scores,” CEO Chris Kempczinski said in a statement.Shares of McDonald’s rose 2% in extended trading.Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: $3.12 adjusted vs. $3.05 expectedRevenue: $7 billion vs. $6.84 billion expectedThe…

Novo Nordisk CEO Mike Doustdar on Wednesday said the company is aiming to capture around 15 million new patients, at least initially, when Medicare starts covering obesity treatments for the first time later this year.Around 67 million Americans are covered by Medicare, but “when you take a look at specifically our products and the target group, I think around 15 million people would be a good number to target,” he told CNBC in an interview. Medicare is slated to start covering obesity medicines for the first time later this year under the landmark “most favored nation” drug pricing deals that Novo…

New Jersey’s law adding another pathway to CPA licensure went into effect today, Feb. 11.Processing ContentIn addition to the existing 150-credit-hour path, CPA candidates can now qualify with a bachelor’s degree, two years of experience and passing the CPA Exam. The law ensures practice mobility, enabling CPAs licensed in other states to practice in New Jersey. It also ensures that CPAs licensed in the state prior to the effective date will automatically retain their license.The bill was signed by New Jersey Governor Phil Murphy a month earlier on Jan. 12.  The New Jersey State House in Trenton.Adobe Stock “Creating an…

FILE PHOTO: E.W. Scripps Co. signage is displayed on a monitor on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, June 3, 2016. Michael Nagle | Bloomberg | Getty ImagesE.W. Scripps is setting into motion what it calls a transformation plan for the broadcast station company — intended to generate growth for both earnings and its local TV stations. The company announced Wednesday that it’s targeting growth of between $125 million and $150 million in annual enterprise earnings before interest, taxes, depreciation and amortization by 2028. In order to get there, Scripps will…

Key PointsDelinquencies in commercial mortgage-backed securities rose again in January, up 17 basis points from December to 7.47%, according to Trepp.The increase was driven by the beleaguered office sector, which has a lot of distressed properties to work through but is seeing improvements in fundamentals. The rate increase was driven by two exceptionally large New York City properties: Worldwide Plaza and One New York Plaza. A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds,…

El Paso International AirportGoogle EarthThe Federal Aviation Administration abruptly grounded all flights in and out of El Paso International Airport in Texas for 10 days starting Wednesday morning, citing “special security” instructions — and then lifted the order hours later.A Trump administration official said the Department of Defense disabled Mexican cartel drones that had breached U.S. airspace and that there was no threat to commercial air travel currently.”The temporary closure of airspace over El Paso has been lifted,” the FAA said in a post on X. “There is no threat to commercial aviation. All flights will resume as normal.”The airport…

The restaurant sector has spent the past 18 months trying to figure out how to reach consumers in a hypercompetitive and uneven economy. McDonald’s, which is set to report earnings after the bell Wednesday, has doubled down on value messaging to customers via Extra Value Meals and Snack Wraps, which will likely help to boost sales this quarter.But the focus on value has caused frustrations at times among parts of the chain’s operator base. The company rolled out new franchise standards for McDonald’s operators on Jan. 1, including assessing locations on how their prices deliver value. McDonald’s said its owners…

Attorney General Pam Bondi delivers remarks at the Department of Justice on Feb 6, 2026. Kevin Dietsch/Getty Images hide caption toggle caption Kevin Dietsch/Getty Images Attorney General Pam Bondi is set to testify Wednesday on Capitol Hill where she’s expected to face questions about the Justice Department’s targeting of President Trump’s political foes and its handling of the Epstein files. Bondi’s appearance before the House Judiciary Committee comes one year into her tenure atop the Justice Department, a tumultuous period marked by a striking departure from the traditions and norms that have guided the department for decades. Watch the hearing,…

I didn’t set out to follow a political diet, or any diet at all, really. But it was January, the new food pyramid was out, and according to the people in charge, it was healthy and easy to do on the cheap. Plus, I like a challenge.At the start of the year, Health and Human Services Secretary Robert F. Kennedy, Jr. announced the federal government’s new dietary guidelines for how Americans should aspire to eat. The gist: meat, full fats, and whole foods are in; sugars, processed foods, and excess carbs are out. After complaints that the recommendations leaned toward…

AndreyPopov/Getty Images 2026-02-11T08:00:01.228Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Of the 240 financial CEOs EY surveyed, only 28% see AI reducing head count in 2026. Nearly half of the CEOs said AI is the most critical factor in their company’s ability to adapt. Some Wall Street leaders have said AI will eliminate some roles, but ultimately…