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Wendy’s comparable sales miss as fewer diners eat out

Burger chain Wendy's Co reported lower-than-expected quarterly comparable sales on Wednesday as a fall in grocery prices encouraged more diners to eat at home, sending the company's shares down as much as 8 percent. Food prices have been on the decline in 2016, according to the U.S. Department of Agriculture. Poultry prices dropped 3.4 percent in June from a year earlier, while beef and veal prices fell 6.7 percent, helped by lower transportation costs due to a fall …

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Wendy’s comparable sales miss as fewer diners eat out

month-instead

Boeing won’t raise 787 production unless market demands it

By Alwyn Scott NEW YORK (Reuters) – Boeing Co said on Wednesday it will not increase 787 output unless sales improve, its clearest indication yet that its large jetliner production may have peaked for now. “If the market's not going to demand it, we're not going to go,” Chief Financial Officer Greg Smith said on the sidelines of an investor conference in New York organized by global investment bank Jefferies, confirming remarks made during …

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Boeing won’t raise 787 production unless market demands it