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Olive Garden owner Darden Restaurants disappoints on earnings but hikes sales outlook

Darden Restaurants on Thursday reported mixed quarterly results, as Olive Garden and LongHorn Steakhouse helped offset weakness in its fine-dining business. The company also raised its full-year forecast for revenue growth, although it only reiterated its projections for its earnings. Shares of the company fell more than 9% in morning trading. Here’s what the company […]

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American Express unveils refreshed Platinum card with 5 annual fee, upping the ante in luxury cards

American Express unveils refreshed Platinum card with $895 annual fee, upping the ante in luxury cards

Business News

American Express platinum business card. Courtesy: American Express American Express on Thursday unveiled updates to its flagship credit card amid heightened industry competition over the country’s high spenders. The company said that consumer and business versions of its refreshed Platinum card now carry an $895 annual fee, about 29% higher than the current fee of

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Covid shot access, coverage at stake as RFK Jr.’s hand-picked vaccine panel convenes

Business News

Ruth Jones, immunization nurse, holds a Pfizer-BioNTech COVID-19 vaccine (brand name: Comirnaty) at Borinquen Health Care Center in Miami, Florida, on May 29, 2025. Joe Raedle | Getty Images Covid shot access and coverage in the U.S. hang in the balance as an influential government vaccine panel hand-picked by Health and Human Services Secretary Robert

Covid shot access, coverage at stake as RFK Jr.’s hand-picked vaccine panel convenes Read More »

Hyundai adjusts full-year forecast, citing tariffs, ahead of investor day

Business News

NEW YORK – Hyundai Motor is increasing its revenue expectations for this year, despite ongoing U.S. tariffs causing the automaker to lower its expected operating profit margin for 2025. The new targets call for an operating profit margin this year of between 6% and 7%, down from 7% to 8%, and an increase in revenue

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Spirit CEO braces employees for more job cuts as struggling airline will slash flights

Business News

A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Spirit Airlines CEO Dave Davis on Wednesday braced staff for more job cuts and said the carrier plans to slash its schedule in

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Cracker Barrel stock falls 10% as company reports mixed earnings after rebrand controversy

Business News

In an aerial view, a Cracker Barrel sign featuring the old logo hangs on a sign outside of a restaurant on Aug. 27, 2025 in Florida City, Florida. Joe Raedle | Getty Images Cracker Barrel Old Country Store said Wednesday the restaurant chain is focusing on enhancing its experiences for guests after it faced intense

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Live Nation CEO touts soaring demand, says concert tickets are still relatively underpriced

Business News

Live Nation CEO Michael Rapino and Smith Entertainment Group CEO Ryan Smith said this week that live events are more central than ever to culture and commerce in a post-pandemic world. Speaking at CNBC Sport and Boardroom’s Game Plan conference on Tuesday, the executives said that the high demand for in-person events has been unmistakable.

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‘That’s cute’: Frontier CEO fires back at United CEO declaring discount airline model dead

Business News

President and CEO of Frontier Airlines, Barry Biffle attends The Future of Everything presented by the Wall Street Journal at Spring Studios on May 17, 2022, in New York City. Steven Ferdman | Getty Images Entertainment | Getty Images Frontier Airlines CEO Barry Biffle fired back at his counterpart at United Airlines who said the

‘That’s cute’: Frontier CEO fires back at United CEO declaring discount airline model dead Read More »

Eli Lilly’s obesity pill outperforms Novo Nordisk’s oral drug in head-to-head diabetes trial

Business News

A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March 17, 2024. Scott Olson | Getty Images Eli Lilly on Wednesday said its experimental pill outperformed Novo Nordisk‘s own oral drug in the first head-to-head study comparing the two medicines in patients with Type 2 diabetes. The

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Josh Harris says you likely won’t see more sports assets going public as values soar

Business News

Washington Commanders managing partner Josh Harris (L) signs a Commanders helmet while joined by Washington D.C. Mayor Muriel Bowser (C) and NFL Commissioner Roger Goodell (R) during a news conference on construction of a new Commanders stadium in Washington, D.C., on April 28, 2025. Win McNamee | Getty Images Over the last decade, private equity

Josh Harris says you likely won’t see more sports assets going public as values soar Read More »

Olive Garden owner Darden Restaurants disappoints on earnings but hikes sales outlook

American Express unveils refreshed Platinum card with $895 annual fee, upping the ante in luxury cards

Hyundai adjusts full-year forecast, citing tariffs, ahead of investor day

Spirit CEO braces employees for more job cuts as struggling airline will slash flights

Cracker Barrel stock falls 10% as company reports mixed earnings after rebrand controversy

Live Nation CEO touts soaring demand, says concert tickets are still relatively underpriced

‘That’s cute’: Frontier CEO fires back at United CEO declaring discount airline model dead

Eli Lilly’s obesity pill outperforms Novo Nordisk’s oral drug in head-to-head diabetes trial

Josh Harris says you likely won’t see more sports assets going public as values soar

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