Tag: business news

Darden Restaurants reported weaker-than-expected quarterly earnings and revenue as sales weakened at Olive Garden and its fine dining restaurants. CEO Rick Cardenas expressed confidence in the company’s long-term prospects despite

Darden Restaurants saw a nearly 11% increase in shares following the announcement of a partnership with Uber for on-demand delivery. NextEra Energy Partners gained 2.6% after receiving a buy rating

The Bank of England announced on Thursday that it would maintain Interest rates following a previous cut in August, despite the U.S. Federal Reserve’s recent rate reduction. The Monetary Policy

Ray Dalio believes that the upcoming 2024 U.S. elections will be critical, stating that the country requires a “strong leader of the middle” to achieve “broad-based prosperity.” In a recent

Boeing is taking action to preserve cash amidst an ongoing machinist strike by temporarily furloughing thousands of U.S. executives, managers, and staff. The furloughs will impact tens of thousands of

Cryptocurrency exchange Binance has experienced a 40% uptick this year in institutional and corporate investors joining the platform, according to CEO Richard Teng in an interview with Lin Lin on

Billionaire investor Ray Dalio recently highlighted the significant amount of debt facing the U.S. economy, as the Federal Reserve made its first interest rate cut since the early stages of

WNBA expansion is making waves with a new team set to hit Portland in 2026. The league’s 15th team will be owned by RAJ Sports, with Lisa Bhathal Merage taking

The Federal Reserve is planning to lower Interest rates by another half point before the end of 2024. The Central bank has two more policy meetings scheduled for November and

The University of Tennessee announced a 10% increase in season ticket prices for all sports to accommodate the future revenue sharing with student-athletes. This increase, termed a “talent fee,” will