Starbucks earnings hit by inflation, rising worker costs and damp China sales

Starbucks (SBUX) posted mixed first-fiscal quarter earnings results compared to Wall Street estimates, as soaring inflation, higher worker costs and the impact of the Omicron variant took a toll on th...

Restaurant recovery is being slowed by labor, supply costs

Robert Freeman is hopeful Congress will replenish the Restaurant Revitalization Fund as his restaurant continues to struggle in the pandemic. Kate Rogers | CNBC Rising labor and food costs are chippin...

Costs of Making Bitcoin Legal Tender Exceed Potential Benefits – Regulation Bitcoin News

The International Monetary Fund (IMF) has told El Salvador that the costs of implementing the country’s Bitcoin law, which makes the cryptocurrency legal tender, exceed the potential benefits. The IMF...

Here is how much a membership costs at the exclusive FlyFish Club NFT restaurant

Serial entrepreneur Gary Vaynerchuk first spoke about his NFT restaurant concept in August 2021. But months later, and far from being a passing fancy, more details about the Flyfish Club have emerged,...

Boeing posts third annual loss in a row as Dreamliner costs hit $5.5 billion

An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images Boeing hit a key milestone in...

higher costs continue to be a headwind

Procter & Gamble Co (NYSE: PG) is up more than 4.0% in the stock market on Wednesday after the consumer products company reported market-beating quarterly results and narrowed its guidance for ful...

Latin American Oil Giants Struggle With Fuel Costs, Debt, And Pipeline Explosion

Petrobras Raises Fuel Prices for Consumers Brazilian motorists are soon likely to pay more at the pump after the country’s state-run oil company, Petrobras, raised gasoline and diesel prices on Wednes...

Domino’s Pizza sees soaring food costs in 2022, backs long-term outlook

An employee moves a pizza to an oven at a Domino’s Pizza Inc. restaurant in Chantilly, Virginia. Andrew Harrer | Bloomberg | Getty Images Domino’s Pizza said it expects higher food prices ...

Victims in Colorado Fire Face High Building Costs Exceeding Insurance Coverage

Rising construction costs will push the price tag for rebuilding after Colorado’s most destructive wildfire beyond the insurance coverage of some homeowners, according to construction, insurance-indus...