Bloomberg Business of Sports lets you follow the money in the world of sports, reporting on trades, salaries, endorsements, contracts and collective bargaining. The show takes listeners inside the business end of the sports world, and explains what it means to fans and their pocketbooks.
Ashlee Vance explores innovations in new tech, software, engineering, and science in places outside of Silicon Valley.
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McDonald’s Corp. shares slipped after the company’s fourth-quarter operating margin and its projection for 2023 both fell short of analyst estimates.
The measure of profitability came in at 43.6% for the most recent quarter, below the average estimate of 45.5% compiled by Bloomberg. Looking ahead, the fast-food giant expects its operating margin to be about 45% in 2023, below the consensus estimate of 46.5%.