Ticker: Weis reports quarterly earnings of $22.2 million
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Weis Markets Inc. on Tuesday reported earnings of $22.2 million in its third quarter.
The Sunbury, Pennsylvania-based company said it had net income of 90 cents per share. The food retailer posted revenue of $1.28 billion in the period.
McDonald's plans new value bundles next year
McDonald's plans to introduce new value-oriented meal bundles early next year after a disappointing third quarter that saw lower traffic at U.S. restaurants.
McDonald's Chairman and CEO Chris Kempczinski said Wednesday that the company recently began an eight-week test of mix-and-match and fixed-price bundles at 1,900 U.S. restaurants.
Lockheed Martin to pay $29.5M to settle claims
Defense contractor Lockheed Martin has agreed to pay $29.5 million to settle claims by President Donald Trump's administration that it discriminated against white workers through its efforts to promote diversity and equity in an internal bonus program.
Lockheed Martin will pay $22 million to the U.S. government to resolve claims that it failed to comply with anti-discrimination requirements in its federal contracts.
JetBlue raises baggage fees for second time
JetBlue has raised its checked baggage fees for the second time this year. The increase took effect Tuesday and comes just weeks before the busy holiday travel season in the U.S. kicks off with the Thanksgiving weekend.
Most domestic economy passengers will now pay at least $50 each way for their first checked bag. That is up from $39 previously. The price climbs to $55 during peak travel periods like the winter holidays. A second checked bag also increased to $70 each way and $75 during peak travel.
Cyberattack hits French blood bank site
French authorities say a cyberattack on several blood banks tried to raise temperatures to dangerous levels but was stopped before causing damage.
The attack happened Monday at three cold-storage sites for plasma. Monitoring systems detected the issue, allowing staff to act quickly. No blood products or samples were compromised.
Bangladesh factory workers protest pay
Police have clashed with garment workers demanding higher minimum wages in Bangladesh, where days of protests have disrupted an industry that employs about 4 million people. Hundreds of factories remained shut Wednesday.
Workers are demanding a minimum monthly wage of 30,000 takas ($245), up from 12,500 takas. They say rising living costs and persistent inflation have eroded their purchasing power.
NASA space telescope plunges to Earth
One of NASA's premier space telescopes has plunged to Earth, ending its 22-year investigation of the universe's biggest explosions.
The Swift Observatory's demise on Wednesday came less than three months after a long-shot rescue mission failed. The U.S. Space Force confirmed Swift's reentry near Indonesia after years of tracking its sinking orbit, the result of intense solar activity.
Czech public media workers go on strike
Czech public media workers have gone on a one-day strike to protest a government plan to change how public broadcasters are funded.
The plan, led by Prime Minister Andrej Babis, would finance public radio and television from the state budget instead of regular fees from individuals, households or businesses.