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McDonald’s Boosts Third Quarter Sales

McDonald’s sales got a lift from Snack Wraps and other value-oriented products in the third quarter. But McDonald’s Chairman and CEO Chris Kempczinski warned Wednesday that consumers in the U.S. and other top international markets remain under economic pressure, a problem he thinks will persist well into 2026. Concern about SNAP food aid benefits and whether the U.S. government will pay them during the shutdown is exacerbating those worries, he said. Kempczinski said U.S. visits to fast food restaurants by lower-income consumers fell again in the July-September period, a trend ...

DoorDash Reports More Orders Than Expected In Third Quarter

DoorDash reported higher-than-expected orders and revenue in the third quarter but warned investors that it will be spending significantly more on product development next year. The San Francisco delivery company’s shares fell by double-digits on that news in after-hours trading. DoorDash said Wednesday its total orders rose 21% to 776 million in the July-September period. That beat Wall Street’s forecast of 770 million, according to analysts polled by FactSet. DoorDash’s revenue jumped 27% to $3.45 billion. That also beat analysts’ forecasts of $3.35 billion. The company ...

‘More Mindful’

NEW YORK (AP) — Uncertainty over the economy and tariffs is forcing retailers to pull back or delay plans to hire seasonal workers who pack orders at distribution centers, serve shoppers at stores and build holiday displays during the most important selling season of the year. American ...

Andrew R. Nelson Joins Alliance Advisory Group

Andrew Nelson has joined Alliance Advisory Group as a fully licensed financial representative. Nelson will be based in the firm’s Jamestown office, serving clients throughout the surrounding region and beyond. A Frewsburg native, Nelson is a graduate of Jamestown Community College with ...

OpenAI Partners With Walmart To Let Users Buy Products In ChatGPT

NEW YORK (AP) — OpenAI is partnering with Walmart to let shoppers make purchases directly within ChatGPT, furthering the artificial intelligence company’s push to turn its chatbot into a virtual merchant as it seeks to boost revenue. In an Tuesday announcement, Walmart said the new offering will give customers the option to “simply chat and buy.” That means the retailer’s products would be available through instant checkout in ChatGPT — allowing users to buy anything from meal ingredients or household items, to other goods they might be discussing with the chatbot. “For ...