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Americans aren’t getting their Big Mac fix at McDonald’s anymore. They’re going to Chili’s instead. Brinker International, Chili’s parent company, reported a nearly 15% in jump in same-store sales and increase of almost 6% in traffic for the most recent quarter thanks in part to a promotion of a new…
Key takeaways The fund underperformed its benchmark its benchmarkUnderperformance mainly resulted from stock selection in the information technology, utilities and industrials sectors. Stronger stock selection in the communication services, health care and consumer staples sectors partially offset these results. Portfolio activityThere was no significant change to the fund’s overall positioning…
The chief executive of the world’s largest online betting company said its dominant US market share means it does not need to pass on the cost of tax increases to customers.“When competitors raise their prices, then the customers come over to us,” said Peter Jackson, chief executive of Flutter Entertainment,…
The judge overseeing Donald Trump’s criminal trial related to hush money payments said he will not recuse himself from the case, rejecting the former president’s latest attempt to remove him ahead of his sentencing next month. Trump has repeatedly sought to remove Judge Juan Merchan from the proceedings, citing work…
When our parents get old, family members do have an opportunity to share the load of ensuring their safety and care. It doesn’t always work out well, with family conflicts being as they are. But in many situations, siblings can help one another in tending to the needs of a…
Check out the companies making headlines in midday trading. Starbucks , Chipotle Mexican Grill — Starbucks stock shot up 21% after the coffee chain ousted CEO Laxman Narasimhan effective immediately and replaced him with Chipotle CEO Brian Niccol, who will step in Sept 9. Three Wall Street firms already upgraded…
Google on Tuesday announced new artificial intelligence features that are coming to Android devices. The move to bring its Gemini AI assistant to supported devices shows again how Google aims to put its AI in front of consumers before Apple, which will launch its AI on iPhones, Macs and iPads…
Big Lots is closing more than 300 locations across the United States, or roughly 4% of its stores, following an earlier warning that its future was in “substantial doubt” amid ongoing financial troubles. The discount retailer previously said it planned to close as many as 40 stores during its most…
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Ukrainian forces sought to solidify their gains in newly seized Russian territory on Tuesday after capturing hundreds of Russian soldiers as Kyiv’s brazen incursion entered its second week.The shock offensive has swiftly gained significant ground in the Kursk region, embarrassing President Vladimir Putin and lifting the spirits of a war-weary…