McDonald’s targets major cuts to greenhouse gases by 2030
McDonald’s pledges a 36 percent reduction in restaurant and office emissions by 2030 from 2015 levels and a 31 percent drop per metric ton of food and packaging, totaling about 150 million metric tons. The plan focuses on beef, energy use, packaging, and waste, with collaboration from franchisees and suppliers, aiming for LED lighting, efficient equipment, sustainable packaging, and increased recycling by 2025.
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Amazon overtakes Alphabet as second most valuable US company
Amazon rises to second place in market cap at $768 billion, surpassing Alphabet's $762 billion while Apple remains far ahead at $889 billion. Shares climb 2.69 percent to close at $1586.51 as Bezos strengthens his wealth.
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Wall Street fears rising rates as Fed signals more hikes
Analysts warn higher rates raise borrowing costs and slow credit to businesses and individuals. If Jerome Powell signals four or more rate hikes this year, markets may pull back as slowing growth and profits unfold. Banks and strategists differ on pace, but consensus leans to gradual increases.
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Bankrate.com
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Market Action In Real Time
Real time market action reported from U S markets today covers stock moves, index shifts, and notable trades. Traders monitor gains and losses across major averages while tech and energy shares drive momentum amid evolving economic signals.
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